Saturday, 16 March 2013

CCI to probe alleged cartelisation in petrol pricing

CCI to probe alleged cartelisation in petrol pricing

CCI to probe alleged cartelisation in petrol pricing

Fair trade regulator Competiton Commission will "very soon" finalise the probe into alleged cartelisation among oil marketing companies in fixing petrol prices. Competition Commission of India (CCI) Chairman Ashok Chawla on Saturday said the regulator ...
Whiff of benami: 1% Sahara investors responded to Sebi

Whiff of benami: 1% Sahara investors responded to Sebi

Guess how many of Sahara's bond investors are genuine? If the results of a preliminary sample verification exercise done by market regulator Sebi are any guide, the answer is truly shocking. The results show that just about 1 percent of investors in the ...
Centre gives in-principle nod for study on Mumbai-Bangalore corridor

Centre gives in-principle nod for study on Mumbai-Bangalore corridor

The Government has agreed in-principle for a feasibility study of the proposed Mumbai-Bangalore industrial corridor, Union Commerce Minister Anand Sharma said today. Sharma said the Government was working on the terms of reference of the proposed ...
Dr Reddy

Dr Reddy's Laboratories founder Anji Reddy passes away

HYDERABAD/MUMBAI: Anji Reddy, the pharmaceutical industry pioneer who helped establish India's reputation as a supplier of inexpensive medicines to the world, died in Hyderabad on Friday after prolonged illness. The 72-year-old was battling cancer.
Mukesh Ambani to quit BoA board,to join its global adv council

Mukesh Ambani to quit BoA board,to join its global adv council

India's business magnet Mukesh Ambani would step down as the board of director of the Bank of America and instead join its global advisory council, the bank announced on Friday. Ambani has decided not to seek another term on the company's board of ...
Isuzu to set up plant in Andhra Pradesh

Isuzu to set up plant in Andhra Pradesh

Japanese commercial vehicle and SUV major Isuzu will set up a manufacturing plant at Sri City in Andhra Pradesh's Chittur district, at a total investment of Rs. 1,500 crore. Isuzu to set up plant in Andhra Pradesh. Advertisement. The carmaker will start ...
Indian planning: ending an era

Indian planning: ending an era

Monetek Singh Ahluwalia, deputy chairman, Planing Commission. The 12th Plan is a non-readable, preachy document with little operational detail and also underestimates the urban shift in its models on account of ignoring the 2011 census results on census ...
Number of super-rich in India will double in 10 years

Number of super-rich in India will double in 10 years

Mumbai: While US and Europe still continue to be the favourite places where you can hope to find the world's rich and powerful, India too is catching up. The number of high net worth individuals in India with net assets of Rs 150 crore or more is expected to ...
Top 50 Mumbai firms pay 15% more tax in Q4, buck slowdown

Top 50 Mumbai firms pay 15% more tax in Q4, buck slowdown

With most companies in the financial capital paying higher advance tax in the fourth quarter, the Mumbai circle of the Income-Tax Department is confident of achieving the direct tax collection target of Rs 1.78-lakh crore for this fiscal despite worries of ...
Change of guard at Maruti

Change of guard at Maruti

Maruti Suzuki has appointed Kenichi Ayukawa as the new managing director and CEO in place of Shinzo Nakanishi. The new appointment is effective April 1, 2013. Change of guard at Maruti. Advertisement. The changes were decided in a board meeting ...