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Gas is not pvt property of Ambani bros: Govt
The government today opened its arguments in the high-voltage gas row between the Ambani brothers in the Supreme Court asserting that any understanding reached between them was not binding on it as gas was not their "private property".

Shree Cement net profit soars over two-fold
Shree Cement today reported over two-fold jump in its net profit for the quarter ended September 30 at Rs 288.91 crore.

News of the day

NPCIL ties up funds for 1,650 Mw nuke power plant
The Nuclear Power Corporation of India today said it has tied up funds for its Rs 33,000 crore nuclear power project in Maharashtra to be set up under the Indo-French civil nuclear cooperation.
Small Business

ONGC in pact with Angola's Sonangol

India"s Oil and Natural Gas Corp (ONGC) today signed an agreement to bid for oil acreage in Angola with the African nation"s state-owned Sonangol, while Indian Oil Corp (IOC) offered to build a multi-billion dollar refinery in that country. State-run gas utility GAIL India expressed interest in taking equity in a planned liquefied natural gas (LNG) plant in Angola during Petroleum Minister Murli Deora"s maiden visit to the African nation.


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