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Suman Layak
Mumbai, June 7, 2012
At the annual general meeting, RIL's chairman promised investments worth around Rs 1 trillion but he also signalled that if there is not enough encouragement in oil and gas exploration, it will put the money elsewhere for profits.


BT Online Bureau
Mumbai, June 7, 2012
Reliance Industries Chairman Mukesh Ambani also told shareholders that the company is targeting a ten-fold increase in sales from its shale gas business in the US.


PTI
Mumbai, June 7, 2012
Industrialist Mukesh Ambani says the company is investing aggressively in retail business and is aiming to grow its revenue 5-6 times and achieve sales of Rs 40,000-50,000 crore in the next three to four years.


BT Online Bureau
Mumbai, June 7, 2012
Stressing on partnerships to be key in Reliance Industries' future growth, Chairman and Managing Director Mukesh Ambani says the company is reinvesting its cash flow at accelerated pace in new projects and new businesses.Complete speech of Mukesh Ambani at the AGM


Rajiv Bhuva
June 14, 2012
Perhaps one of the biggest deterrents to whistleblowing about corruption in Indian companies is the fact that current laws do not guarantee protection of the whistle-blower's identity.


Associated Press
New York, June 5, 2012
The company is testing ways to allow kids to participate without needing to lie. This would likely be under parental supervision.


PTI
New Delhi, June 4, 2012
According to the share purchase agreement, Mitsui Sumitomo will acquire 16.63 per cent equity share capital of MNYL from New York Life and 9.37 per cent from Max India.


BT Online Bureau
Mumbai, June 4, 2012
Kishore Biyani-led Future Group, whose core retail business formats include Big Bazaar, Food Bazaar, e-zone and Pantaloon, has a debt of over Rs 5,000 crore.


BT Online Bureau
Berlin, June 1, 2012
Anshu Jain has taken over as the first India-born co-chief executive of Deutsche Bank, marking the beginning of a new era in the German lender's 142-year history.


Sunny Sen and Josey Puliyenthuruthel
June 6, 2012
In an interview to Business Today, Steve Ballmer recounts the journey, why the $70-billion Microsoft is looking stronger than ever before, and how he intends to tackle Google.


Chaitanya Kalbag
June 6, 2012
In a candid conversation with Business Today Editor Chaitanya Kalbag on May 23, Kishore Biyani says he aspires to be debt free. This was 13 days before the Future Capital deal was announced.


Suman Layak
May 30, 2012
Retail in India is a complex business, where a stockpile of cash is a big advantage. A new store takes time to stabilise and break even, so companies must balance the number of stable, profit-making stores and new ones. A fat pile of cash can make the ride shorter and smoother.


PTI
New Delhi, May 29, 2012
The 49-year-old banker, well-respected for maintaining high profits at Deutsche Bank's investment banking operations during the 2008 financial meltdown, would take over at a time when the banking sector globally is grappling with regulatory and economic challenges.


Associated Press
New York, May 26, 2012
Even without the dividend, Cook, 51, remains one of the highest-paid CEOs in America. His pay package was valued at $378 million when he became Apple's chief in August.


PTI
New Delhi, May 25, 2012
The board of the state-run firm announced a bonus issue in the ratio of 1:1 and a dividend of Rs 11 per share.


www.businesstoday.in
May 24, 2012
There seems to be no end to the Air India mess, with pilots demanding exclusive training rights on Dreamliner jet planes.


BT Online Bureau
May 24, 2012
The pre-market price for Facebook stock is shown, on May 23, 2012, at the Nasdaq MarketSite in New York.


Associated Press
San Francisco, May 24, 2012
About 8 per cent of HP's nearly 350,000 employees will be gone by the time the overhaul is completed in October 2014.


Associated Press
New York , May 24, 2012
Facebook's fourth day of trading as a public company saw an increase in the company's stock price and shareholder lawsuits related to the social network's botched initial public offering.


IANS
New Delhi, May 23, 2012
Regulators are examining whether the investment bank selectively informed clients of an analyst's negative report about Facebook before the stock started trading.


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