If, the government keeps its word on deregulating diesel and petrol prices, it could mean more choice for consumers. More choice in terms of prices, improvement in fuel quality and service levels as well.

It has been a case of third time lucky for public sector oil companies. The Kirit Parikh committee recommendations to deregulate the petroleum sector have been accepted — partially at least. While markets cheered the news wholeheartedly, it may be time for just two and a half cheers instead of the usual three, till there is more clarity on details.

RBI is likely to extend the special liquidity facility beyond July 2 to ease unusually tight credit conditions caused by increased cash outflow in 3G and Broadband Wireless Access Spectrum licenses payments and advanced tax outgo, experts said on Friday.

Professor R.S. Sharma is a director at a well-established management institute based in Bengaluru. The 42-year-old is a bachelor. He has no dependent family members.

Chennai-based Shriram Group, which has a presence in vehicle finance, engineering and insurance, could apply for a banking license in July.

RIL’s stock may not have reacted positively after the latest acquisition, but the street view seems to view the $1.3 billion deal positively.

Reliance Indus-tries has made its third billion-dollar plus acquisition in three months.

The theory of a serial killer stalking Kurla has now been confirmed. The first and second rape and murder of minor girls in Nehru Nagar was carried out by the same person, as the DNA from the vaginal swabs have matched.

Satyam and Maytas, the two companies promoted by Mr Ramalinga Raju, may have caused losses to thousands of investors, but have still proven lucky for a few.
IL&FS Infrastructure, the largest shareholder in Maytas, is sitting on a notional profit of Rs 250 crore on the 2.2 crore shares of Maytas that it owns. Larsen & Toubro, w

The number of millionaires in India — people with liquid assets of over $1 million — shot up 51 per cent in 2009 to 1.27 lakh.
The growth is attributed to a combination of many factors — the government’s stimulus package, strong growth in the economy and a booming stock market.