Despite widespread protests, management hopeful of commissioning Ratnagiri Refinery by 2025

The statement assumes importance as the BJP-run state government had in November ordered a halt on land acquisition for the project, in view of the increasing protest by the locals. Read more »

National Wildlife Board clears ONGC Trishna gas project

"As the gas bearing zones are in the wildlife sanctuary, we needed permission from the National Wildlife Board", a top official said. Read more »

Air India’s passenger revenue grows by 20% in Q3 of 2018-19

The loss-making Air India is estimated to have a debt burden of over Rs 48,000 crore and the government's efforts for strategic disinvestment of the carrier failed in May last year. Read more »

Yes Bank appoints Brahm Dutt as non-executive part-time chairman

Dutt has been on the board of the bank since July 2013 as an independent director, and has contributed to almost all the sub-committees of the board over the past 5.5 years,... Read more »

Zydus receives final approvals from USFDA for skin ointment, heart medicine

The group also received a final nod for Amlodipine and Atorvastatin Tablets USP that is administered for heart and cholesterol-related cases. Read more »

Global solar sector sees corporate funding worth USD 9.7 billion in 2018

Out of the USD 1.3 billion in VC funding raised in 65 deals in 2018, USD 1.2 billion went to 50 solar downstream companies, which comprised 91 per cent of the total... Read more »

Sachin Bansal buys properties for Rs 45 crore

Flipkart co-founder has inked deals to buy two properties in Koramangala for Rs 45 crore. Read more »

Riders migrate from scooters to bikes as ownership costs rise

Growth of sales in scooters lagged motorcycles in 2018 after a decade. Read more »

Fuel prices witness uptick in Delhi, Mumbai

In Mumbai, petrol and diesel are being sold at Rs 74.91 and Rs 66.04 per litre respectively on Saturday with a rise of 10 paise and 31 paise, respectively. Read more »

Tanzanian government to grow its share in Airtel arm

The Tanzanian President said issuing dividends was a “good move” by Bharti Airtel since the government had “not been paid for the last 8 to ten years". Read more »