India Business

India Business

Aramco to take 20% in RIL refinery, chemical biz in India’s biggest FDI deal

Mukesh Ambani on Monday announced that Saudi oil giant Aramco has agreed to take a 20 per cent stake in his flagship Reliance Industries'...

“I have failed as an entrepreneur,” says Siddhartha

"I have failed as an entrepreneur," V G Siddhartha, who has gone missing, has said in a letter purportedly written to the Board of...

India Inc to witness double-digit median salary increment this year: Report

Corporate India is expected to witness a double-digit hike in salaries with a median increase of 10.95 per cent this year but the increment...

IL&FS gets approval for sale of wind projects to Orix Corp

Cash strapped Infrastructure Leasing and Financial Services (IL&FS) on Monday said it has received approval from NCLAT appointed retired Justice D.K. Jain for the...

Mukesh Ambani keeps salary capped at Rs 15 cr for 11th yr in a...

Richest Indian Mukesh Ambani has kept his annual salary from his flagship firm Reliance Industries capped at Rs 15 crore for the eleventh year...

IL&FS case: NCLT allows govt to prosecute auditors Deloitte, BSR

The NCLT has given a go-ahead to government to prosecute Deloitte and BSR Associates for their failure to detect and report the scams that...

Jet Airways: Lenders plan to call bids for asset sale by Saturday

The lenders to the bankrupt Jet Airways, who met in Mumbai on Tuesday for the first time since the carrier was sent to the...

SpiceJet technician dies in freak accident at Kolkata airport

A SpiceJet technician was killed after the landing gear door of the aircraft he was working on got "accidentally" shut at the airport in...

India’s coal import rises 15% to 24 MT in May

India's coal import increased by 14.5 per cent to 24.01 million tonnes (MT) in May this year. The country's coal import was at 20.96 MT...

Adani wins final approval to begin work on Australian coal mine

Indian energy giant Adani on Thursday cleared the last regulatory hurdle to commence work on its controversial Carmichael coal mine project in Australia with the Queensland...