Indian Oil Corp (IOC), the country's biggest refiner, is expanding its natural gas business as the south Asian nation, the world's third-largest carbon emitter, aims to cut its dependence on coal and oil.
Tata Steel in UK, warned its employees, on Friday that the new pension scheme is heading for a huge shortfall of 2 billion pounds ( $3 billion).The warning comes even as unions are preparing to announce the results of a ballot to determine industrial action against the Indian steel giant.
The economy grew at 7.3% in 2014-15, up from 6.9% a year ago, government data showed on Friday.
Shares of SpiceJet settled nearly 7% higher today after the company posted its first profit in seven quarters.
Prime Minister Modi ramped up spending on roads, railways and rural infrastructure in April to boost economic growth, after $19 billion in cuts brought public investment shuddering to a halt at the end of the last fiscal year.
Reliance Communications Q4 profit up 46 percent
The new unified licensing regime in the Department of Telecommunication leads to Vodafone's sale of its stake in Bharati Airtel.
Staging a surprise comeback, the benchmark BSE Sensex Friday surged by 322 points to 27,828.44 on across-the-board buying in blue-chip stocks as investors started building fresh long positions in the new series on anticipation of a possible rate cut.
After breaking its 3-day losing streak, rupee edged higher by 5 paise and continues firming up against the weakening dollar.
When we took over the economy a year ago, it was like a train that has derailed and what we have been able to do in the last year is not just put it back on track but we have been able to take a passenger train and make it like a Rajdhani. Hopefully we will make it a bullet train as well.
With the erosion in value of the rupee and the rising cost, the average education loan size has gone up 33%, from `4.5 lakh to `6 lakh, within a period of a few months.
Hindalco Industries, the flagship company of the Aditya Birla group, on Thursday said its consolidated revenue crossed the `1 lakh-crore mark, while high interest costs and exceptional items brought down the net profit.
Coming of the red after seven quarters, SpiceJet posted a Rs 22.51 crore net profit in the January-March period of FY15, helped by a Rs 650 crore funding by the new promoter, renegotiated contracts with its vendors and provisioning for re-delivery expenses.
China wants Indian IT companies to open shop in a sprawling tech-city being built in one of its least developed regions in the southwest of the country, in a move that reflects the effort to strengthen economic cooperation between the two countries at state levels.
The government will release the national income estimates for 2014-15 on Friday amid a raging debate over a new formula that was unveiled earlier this year.