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The Mukesh Ambani-led firm had sought a four-year extension for the project from the commerce ministry. However, the government granted Reliance Haryana SEZ only a one-year extension in March 2011.

 
 
Mobile handset maker Nokia beats homegrown Tata which is at No 2 in the most trusted brand category, according to a survey.
Senior officials in the petroleum ministry also admitted to anomalies in the government-RIL production sharing contract.
SSTL which operates its telecom services under the MTS brand has over 15 million wireless customers.
The third largest gold loan player Muthoot Fincorp is looking at divesting up to 6 per cent of its promoter holding to raise about Rs 500 crore.
This is the third interaction between industrialists and the chief minister since the new government came to power in May 2011.
 
 
The bank cut its price target for the company to Rs 650 from Rs 921.
Mortgage lender HDFC posts a net profit of Rs 981.25 crore for the quarter ended December, 2011, on the back of higher loan approvals and disbursements.
A downward revision of Infosys' full-year revenue outlook due to the euro zone debt crisis overshadowed the the company's third quarter result.
New York-based Chatwal Hotels and Resorts is aiming to be the leader in lifestyle hotel business in India in the next five years.
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