Power Ministry floats Cabinet note on coal price pooling
The Power Ministry has floated Cabinet note for pooling of imported and domestic coal for deciding price of the raw material for plants commissioned after 2009, a proposal aimed at meeting increasing demand for the dry fuel. The ministry is of the view that pre-2009 plants should not be included in... read more »
Maruti to pay royalty to Suzuki in INR
Maruti Suzuki India, on Thursday, said it would pay royalty to parent Suzuki Motor Corp for all future models in Indian rupees instead of Japanese yen to mitigate risks due to foreign exchange fluctuations. Addressing the company’s 33rd annual general meeting in New Delhi, its Chairman R. C.... read more »
We will take each one as it comes: Vijay Mallya
“We will take each one as it comes,” was how Kingfisher Airlines (KFA) promoter Vijay Mallya responded when queried about the possibility of other banks likely to follow suit in the wake of United Bank of India declaring him a wilful defaulter. Interacting with press persons at the... read more »
Sensex regain over 92 points
The BSE benchmark Sensex recovered by over 92 points to 27,178.80 in early trade on Friday on the back of gains in IT, teck, metal and banking sector stocks, tracking firming Asian cues. The 30-share barometer, which had lost 54.01 points in previous session, recovered by 92.87 points, or 0.34 per... read more »
