mumbai
Mukesh in austerity mode, takes paycut
Although he took a major pay cut this year, Reliance Industries chairman and managing director, Mr Mukesh Ambani, hasn’t done too badly compared to his peers in the global oil industry.
Ambani brothers bury the hatchet
The two Ambani brothers seem to be burying the hatchet — for the second time. The two groups announced Sunday that all non-compete agreements between them had been scrapped, with one exception. The Mukesh Ambani-led Reliance Industries will steer clear of gas-based power generation till 2022. This is being seen as an informal commitment to supply natural gas to the Anil Ambani-led RNRL.
‘Naxals do extort from businessmen’
Chief minister Ashok Chavan has supported state home minister Mr R.R. Patil’s statement that the Naxal movement is funded by local businessmen and the mining industry.
Mukesh, Anil break MoU shackles
This time the patch-up between the warring Ambani brothers Mukesh and Anil is for real, if only partial, even though the contentious issue of gas allocation and price is yet to be discussed.
Man based in S. Arabia loses 16 kin
Sameer Sheikh, a Saudi Arabia-based businessman, lost 16 relatives in the crash on Saturday. All of them were going to Manga-lore to perform the last rites of his grandmother, who died on Thursday.
Commander Donde sets sailing record
Commander Dilip Donde, the first Indian to circumnavigate the globe solo, arrived in the Mumbai harbour to a grand reception on Saturday.
Businessman based in Saudi loses 16 relatives
A massive tragedy struck the life of Sameer Sheikh, a 24-year-old Saudi Arabia-based businessman who lost 16 relatives — including four close family members — in the Mangalore plane crash on Saturday
Vidarbha leaders angry with Pawar
Following Nationalist Congress Party chief and Union agriculture minister Sharad Pawar’s opposition to the separate Vidarbha, pro-Vidarbha leaders have accused him of backstabbing. Jambuwantrao Dhote, who led the first major public agitation in 1971 for the demand of separate Vidarbha, has said that the NCP chief has made baseless statements regarding the demand.
Insurance is key in financial planning
Ms Shah, a 35-year-old general manager with a leading MNC, has recently separated. A single parent of two kids, she wants to ensure adequate financial protection for her children and also plan for her future.
