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PTI
New Delhi, May 10, 2014
Reliance Industries and partners BP plc of UK and Canada's Niko Resources have slapped an arbitration notice on the government over the delay in implementing the revision of natural gas prices.


PTI
New Delhi, May 10, 2014
The Delhi High Court restrained the city government's Anti Corruption Branch from taking any coercive action against Oil Minister M Veerappa Moily, RIL chairman Mukesh Ambani and others named in an FIR over alleged irregularities in raising gas prices.


PTI
New Delhi, May 10, 2014
The Supreme Court has sought response of the Centre and telecom regulator TRAI on a PIL filed by an NGO challenging grant of 4G licences to Mukesh Ambani's Reliance Jio Infocomm Ltd (RJIL).


PTI
Mumbai, May 9, 2014
In the day trade, the 30-share BSE barometer scaled its all-time high of 23,048.49 points as ICICI Bank, Tata Motors and Reliance Industries spurted. The broad-based Nifty of the National Stock Exchange too spurted by 198.95 points, or 2.99 per cent to settle at record closing of 6,858.80.


Anilesh S Mahajan
May 8, 2014
Officers in the ministry are reluctant to endorse the minister's position. In private conversation they say, the outgoing minister has no right to push for the new pricing.


PTI
New Delhi, May 8, 2014
At the end of March, equity funds held ICICI Bank shares worth Rs 9,152 crore, while Infosys shares were valued at Rs 7,339 crore, according to a report by investment and mutual fund research provider Morningstar.


PTI
New Delhi, May 8, 2014
The national capital has the highest concentration of PM2.5 -- particulate matters less than 2.5 microns-- form of air pollution, which is considered most serious.


Yoshita Singh
New York, May 8, 2014
Mukesh Ambani-led Reliance Industries leads the pack of 54 Indian companies in Forbes' annual list of the world's 2000 largest and most powerful public companies, with Chinese companies occupying the top three slots on the list.


Mail Today Bureau
New Delhi, May 7, 2014
The Supreme Court (SC) allowed National Thermal Power Corporation (NTPC) to cut supply to Reliance ADAG- owned power distribution companies BSES Rajdhani and BSES Yamuna if the discoms do not pay dues of Rs 690 crore for electricity purchased by May 31.


Ajita Shashidhar
May 7, 2014
The National Basketball Association (NBA) has partnered with Jabong.com to launch its online retail store NBAstore.in.


Suchitra Mohanty and Tommy Wilkes
New Delhi, May 6, 2014
The apex court has ordered BSES - part of billionaire Anil Ambani's Reliance Infrastructure - to pay state-run NTPC the $116 million it is owed by May 31.


PTI
New Delhi, May 6, 2014
In a move seen as \"delaying tactics\", Reliance Industries Ltd (RIL) has proposed joint studies before an international expert is roped in to decide if its wells on KG-D6 block were drawing gas from neighbouring fields of ONGC.


PTI
Mumbai, May 6, 2014
Brokers said foreign institutional investors (FIIs) continued to show optimism in the Indian stock market and pumped in more funds, boosting sentiment here. FIIs bought shares worth a net Rs 279.86 crore on Monday as per provisional data from the stock exchanges.


Mail Today Bureau
New Delhi, May 5, 2014
The oil ministry has returned a Rs 509.55- crore bank guarantee of Reliance Industries Ltd (RIL) submitted to get a higher price for natural gas it produces from the eastern offshore KG- D6 field saying the new rate hasn't been announced.


PTI
Mumbai, May 5, 2014
Banking counters were back in demand after they retreated recently on profit-booking, while oil and gas sector stocks rebounded on emergence of buying at prevailing levels.


Mahesh Nayak
May 5, 2014
For three consecutive quarters FIIs have increased their holding in IT services companies. For the March 2014 quarter, FII holding in IT services was up at 22.1 per cent, as against 20.6 per cent in December 2013 quarter. Since June 2013, FII holding in IT services has increased 7.6 per cent from 14.5 per cent. FIIs are overweight in Infosys, TCS, HCL Technology and Tech Mahindra.


PTI
New Delhi, May 4, 2014
Reliance Industries had submitted a bank guarantee of Rs 509.55 crore to get a higher price for natural gas it produces from the eastern offshore KG-D6 field, which the Oil Ministry has returned, saying the new rate hasn't been announced.


Anilesh S. Mahajan
May 15, 2014
Several large infrastructure projects are almost ready to start operations. Business Today combed through the list of such projects and found some bright spots in an otherwise gloomy economy. This bodes well for a new government.


Suveen Sinha
May 10, 2014
The digital twin spark ignition DTS-i has been embraced not only by domestic manufacturers like TVS, for which Bajaj took it to court, and Enfield, but also manufacturers abroad.


Devidutta Tripathy
New Delhi, May 3, 2014
The Mumbai-based, Anil Ambani-led company increased voice call prices by about a fifth late last month and also increased the base tariff for voice calls.


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