July 27, 2020 01:06 IST
The GAIL Officers Association had, in 2018, written to the PM and the Petroleum Ministry opposing the move.
Mon, Jul 27, 2020July 26, 2020 00:47 IST
Industry sources told The Sunday Express that the government “nudged” the state-owned OMCs to restrict the eligibility to startups to boost entrepreneurship in the country.
Sun, Jul 26, 2020July 24, 2020 14:21 IST
Auditors can be barred for professional misconduct including not exercising due diligence, or for gross negligence in their duties.
Fri, Jul 24, 2020July 19, 2020 00:43 IST
Only MSMEs themselves will be able to apply to initiate bankruptcy proceedings through this mechanism, meaning that lenders and operational creditors will not be able to initiate insolvency under this framework.
Sun, Jul 19, 2020July 17, 2020 08:09 IST
Experts say that when markets are volatile and investor sentiments are low, IPOs tend to fade away. This is on account of several factors.
Sun, Jul 19, 2020July 12, 2020 13:45 IST
The proposal, the government says, is part of a larger effort by it to boost the share of natural gas in India’s energy basket from around 6 per cent currently to 25 per cent by 2030.
Sun, Jul 12, 2020July 12, 2020 00:51 IST
By 2030, India has committed to reducing the emission intensity of economic activity by 33-35%, compared to its 2005 levels.
Sun, Jul 12, 2020July 05, 2020 10:15 IST
Winter diesel is a specialised fuel that was introduced by IOCL last year specifically for high altitude regions and low-temperature regions such as Ladakh, where ordinary diesel can become unusable.
Mon, Jul 06, 2020July 01, 2020 02:56 IST
Listed companies, companies which accept public deposits, and companies which have borrowed Rs 50 crore or more from banks or public financial institutions are required to establish a vigil mechanism for directors and employees to report genuine concerns
Wed, Jul 01, 2020June 28, 2020 08:00 IST
A lack of new oil discoveries in India coupled with a long lead time to begin production from discovered wells has led to a steady decline in India’s crude oil production.
Tue, Jun 30, 2020June 26, 2020 00:57 IST
Experts noted that the surrender of these blocks did not indicate any issues with the mining potential of these blocks as many were surrendered after the allottees did not develop the blocks for production in line with timelines agreed upon.
Fri, Jun 26, 2020June 24, 2020 20:08 IST
The price of diesel has traditionally been lower than that of petrol and continues to be lower in other parts of the country. In Delhi, diesel is now costlier than petrol after 18 hikes in a row.
Thu, Jun 25, 2020June 22, 2020 03:01 IST
Separately, Jharkhand has moved the Supreme Court to block the auction of its coal blocks which are a part of this auction.
Mon, Jun 22, 2020June 18, 2020 13:06 IST
India is set to double its refining capacity for crude oil to 450-500 million tonnes per annum by 2030. Why this boost? How will it be achieved?
Fri, Jun 19, 2020June 17, 2020 03:01 IST
Well number 5 of the Baghjan oil field suffered a blowout on May 27 during a ‘workover’ procedure aimed at extending the productivity of the well, handled by John Energy Private Ltd, contracted by OIL for the process.
Wed, Jun 17, 2020June 15, 2020 19:18 IST
The IGX is a digital trading platform that will allow buyers and sellers of natural gas to trade both in the spot market and in the forward market for imported natural gas across three hubs
Fri, Jun 19, 2020June 05, 2020 04:52 IST
“The proposal is to suspend sections 7,9 and 10 of the IBC for a period of 6 months with an enabling provision allowing for it to be extended upto 1 year,” said a government official.
Fri, Jun 05, 2020June 03, 2020 03:05 IST
Bhargava also said that while sales of Maruti Suzuki cars would be lower this year than in the previous fiscal, it was impossible to realistically forecast the performance of Maruti Suzuki or the auto industry as whole for FY21 at this stage.
Wed, Jun 03, 2020May 20, 2020 13:13 IST
The recently decriminalised offences include administrative offences such as delays in filing CSR reports, or failure to rectify the register of members in compliance with orders from the NCLT.
Thu, May 21, 2020May 19, 2020 03:01 IST
Exports in the textiles sector witnessed a steep drop in April. For instance, shipments from Tirupur plummeted nearly 90 per cent to around Rs 225 crore that month due to a combination of low demand and the nationwide lockdown, according to Tirupur Exporters Association executive secretary S Sakthivel.
Tue, May 19, 2020May 18, 2020 02:13 IST
A majority of the announcements made today are repeats of earlier proposals or a repackaging of old schemes and announcements.
Mon, May 18, 2020May 17, 2020 15:32 IST
The norms for which defaults will be excluded or from when the one year will be counted have, however, not been announced.
Sun, May 17, 2020May 14, 2020 19:03 IST
Capital markets regulator Securities and Exchange Board of India (SEBI) has come out with guidelines that allow listed companies to serve the letter of offer, application form, and other offer material electronically. What changes for a share holder?
Sat, May 16, 2020May 14, 2020 03:04 IST
The FM also announced a Rs 30,000-crore special liquidity scheme, in which the government will fully guarantee investments in investment grade debt paper of non-banking financial institutions, housing finance companies and microfinance institutions.
Thu, May 14, 2020May 13, 2020 19:20 IST
Prime Minister Narendra Modi has said Indians need to become “vocal for local”. Yet, how self reliant are India’s industries currently and how soon can they step up?
Thu, May 14, 2020