Business

RIL entitled to recover costs on unviable gas finds: Parliament panel

Thu, 04/28/2016 - 21:10

New Delhi, April 28 (IANS) Parliament's Public Accounts Committee holds Reliance Industries Ltd (RIL) is entitled to recover all costs incurred on unviable gas discoveries since the government's directorate general of Hydrocarbons had allowed the company to retain the entire KG-D6 block area in the first place.

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Secure workers' interest in bankruptcy code: Parliamentary panel

Thu, 04/28/2016 - 21:00

New Delhi, April 28 (IANS) In a bid to protect the interests of workers of a company that has gone bust, the parliamentary panel on the bankruptcy code has said all social security funds due to them must be kept aside in dealing with such cases.

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IndiGo to launch 14 new flights

Thu, 04/28/2016 - 20:34

New Delhi, April 28 (IANS) Budget carrier IndiGo on Thursday said it will launch 14 new flights across key cities in India.

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Shopmatic launches operations in Singapore, Hong Kong

Thu, 04/28/2016 - 20:22

Bengaluru, April 28 (IANS) International e-commerce platform Shopmatic, which promises to offer the entire online sales ecosystem, on Thursday launched operations in Singapore and Hong Kong, aimed at helping SMEs and individual entrepreneurs go digital and tap full potential.

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No Indian thermal power plant facing coal shortage: Goyal

Thu, 04/28/2016 - 19:46

New Delhi, April 28 (IANS) Declaring that there is no shortage of coal in the country, Coal and Power Minister Piyush Goyal said on Thursday that none of the thermal power plants in the country have reported any loss of generation due to shortage of coal during the last fiscal.

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Woman gives birth on flight, baby named after airline

Thu, 04/28/2016 - 19:40

Canberra, April 28 (IANS) A woman who unexpectedly gave birth on a Jetstar flight has named her son after the airline, in a tribute to the flight attendants who helped deliver the child.

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Indefinite strike in nine districts from Friday: Punjab petrol dealers

Thu, 04/28/2016 - 19:38

Chandigarh, April 28 (IANS) The Petrol Pump Dealers Association of Punjab on Thursday announced an indefinite strike from Friday in nine districts bordering other states over high taxes on petroleum products which it said were the highest among northern states.

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Government invites suggestions on MAT report

Thu, 04/28/2016 - 19:34

New Delhi, April 28 (IANS) The government on Thursday invited suggestions and comments on the committee report on computation of book profit for levy of MAT (minimum alternate tax).

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Punjab to spend Rs.3,500 crore on urban mission: Sukhbir

Thu, 04/28/2016 - 19:18

Chandigarh, April 28 (IANS) Aiming to accelerate the pace of development works in the state, Punjab Deputy Chief Minister Sukhbir Singh Badal on Thursday announced the government would spend Rs.3,500 crore on strengthening urban infrastructure.

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Maharashtra's Rahuri municipality first to have digi-locker: Prasad

Thu, 04/28/2016 - 19:16

New Delhi, April 28 (IANS) Rahuri Municipal Council in Maharashtra's Ahmednagar district on Thursday became the country's first civic body to attain integration with the government's 'digital locker' initiative for issuance of all essential documents directly to the applicant's online account, Communications Minister Ravi Shankar Prasad said here.

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