To discourage the consumption in subsidised diesel, the Finance Ministry is looking to raise excise duty. According to Oil Ministry estimates, 15 percent of diesel consumption is accounted for by personal cars and SUVs.
In another blowout to the already-battered Greece, rating agency Moody's has lowered its rating for Greece due to the rising risk of the country exiting the eurozone.
The unnamed shareholder submitted 100 proposals to be voted on at the meeting, including changing the company's name to Vegetable Holdings.
Most of the tea factories in Tinsukia, Dibrugarh, Sibsagar, Jorhat and Golaghat districts in Brahmaputra Valley are facing gas scarcity.
The meeting was called to find out the reasons of faster movement of the prices.
While the falling rupee should bring joy to the Indian IT sector, the eurozone turmoil has the IT bellwethers such as TCS and Infosys worried with their stocks falling upto 2 percent.
GM is hoping to piggyback on Manchester United's fan base of an estimated 659 million people to boost its Chevy brand, especially in such growing Asia car markets.
The details of Olympus' redundancy plan will be released in June. The job cut will involve six percent of its total 40,000 employees.
The Minister also discussed, with Ahluwalia the issue of development of four new airports under the PPP model.
Cash Reserve Ratio (CRR) is the portion of deposits which banks are required to keep with the Reserve Bank.
As part of the agreement, AGI will distribute trucks assembled at the Magwe facility, which the company had set up on behalf of the Myanmar government.
Audi today said it is looking at over 45 percent sales growth this year in India and is introducing its global customer-oriented programme, Audi CarLife-Advance as part of the plan.
A team of officials from Air India would soon visit Canada to discuss modalities like leasing cost, etc in this regard, sources said, adding that the deal may be finalised as early as within next two-three weeks.
The telecom firm has blamed Assocham of trying to harm the interest of one of its own members.
Sebi whole-time member Rajeev Kumar Agarwal today said good corporate governance is the surest way to protect the interest of shareholders.
<br /><br /> The strike has so far caused an estimated loss of over Rs 250 crore to Air India.
Bharti Airtel, added 20 lakh mobile users in April, taking its total subscribers in the country to 183.3 million, data from an industry body showed on Friday.
Data suggest the prices of long products are higher than that of flat products.
Hyundai announced discounts on the petrol variants of five car models which will be applicable for all cars sold until 31 May
Facebook Chief Operating Officer Sheryl Sandberg spoke to Harvard University student, but refrained from addressing the controversy around the messy, glitch-plagued IPO debut.
Tata Communications said it expects capital expenditure to drop to about $300 million a year.
Quickr, which aims to use the cash to expand across online and mobile platforms, said existing investors that participated in this round include online retail giant eBay Inc, private equity Matrix Partners India and global venture capital firm Norwest Venture Partners.
In India, pricing showed clear signs of stabilization after a prolonged price war, said Vodafone.
Reason: VAT refund issue with the Maharashtra government remains unresolved
The Indian energy conglomerate has bought 14.3 million shares since its buyback opened on February 1, traders estimate. It will close on January 2013.
Tata Motors was the biggest loser on the bourses today, plunging over 5 percent on morning trade on the back of a slowdown Jaguar Land Rover sales.
US President Barack Obama has said the $2 billion trading loss by "one of the best managed banks" J P Morgan will be investigated and it demonstrates the need for reform at Wall Street.