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Popular Articles

Govt okays 14 FDI proposals worth Rs 732 cr
The government today cleared 14 foreing direct investment (FDI) proposals, including a Rs 273-crore application from Asset Reconstruction Company, which could together bring in foreign investment worth Rs 732.5 crore.

Prez appoints Indian American to key post
US President Barack Obama has appointed Indian American Arun Majumdar as in-charge of advanced research in the field of energy, one of the key posts in his administration.

News of the day

DLF Pramerica Life lunches 8 unit-linked products
Private insurance firm DLF Pramerica today announced introduction of eight unit-linked products, including two new single premium ULIPs.
Corporate

Amend petition against NTPC in two weeks: HC asks RIL

The Bombay High Court today directed Mukesh Ambani-led Reliance Industries (RIL) to carry out amendments in its petition against PSU NTPC on a gas supply deal within two weeks. - Energy efficiency can help save Rs 1.2 lakh cr investments: Shinde - HC directs RIL to amend petition against NTPC in two weeks - Power PSUs to jointly promote energy efficiency mechanisms - NHPC asks NTPC to prepare report on thermal plant in MP - Rethinking regulators - NTPC starts getting gas from RIL"s KG-D6 fields NTPC had filed the suit against RIL to enforce the gas supply contract. Last month, Supreme Court allowed RIL to amend its petition so as to incorporate government"s affidavit in RIL-RNRL case. NTPC had moved the apex court challenging the high court"s decision allowing RIL to amend its petition to the effect that the government"s policy on pricing of gas would frustrate its contract to supply gas at a price of $2.34 per mmBtu it had quoted in a 2004 global tender.


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