In one of the first steps towards coal block re-allocation, the government has finalised the methodology to calculate coal price for e-auction and a Cabinet proposal on this is likely to be floated in a fortnight.

Idea is to bring stakeholders together and explore ways to increase export of services from India.

Over the past six months, the airline's fleet has shrunk from 58 aircraft to 48 planes with the carrier returning 10 Boeing 737s to lessors.

Commerce minister makes strong case for food subsidy to poor.

In the interview to Business Standard last week, Chary had stated that the government's proposal to merge was unwarranted and that FTIL shareholders did not benefit from higher dividends from NSEL.

The 61-year old is credited with initiating big-ticket reforms as power minister, including the Electricity Act of 2003, under then Prime Minister Atal Bihari Vajpayee.

The new Cabinet member says growth cannot come unless all sectors of the economy -- agriculture, manufacturing and services -- expand.

After private banks - HDFC Bank and Axis bank - decided to charge own customers for more than five transactions at their ATMs, public sector lender Union Bank of India has also joined the bandwagon.

Air India had placed an order for 68 aircraft, including Boeing 737s, 777s and 787s, all valued at $11 billion in Dec 2005.

Vikram Bakshi on Friday offered to sell his 50 per cent stake in Connaught Plaza Restaurants, the joint venture with McDonald's that operates fast-food restaurants in north and east India, for Rs 1,800 crore (Rs 18 billion).

The country's foreign exchange reserves rose by $1.73 billion for the week ended October 31 to $315.91 billion, show Reserve Bank of India (RBI) data released on Friday, marking one of the sharpest rises ever.

The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis.

Rajan's deputy Khan cautions against early celebration of falling inflation, unhedged forex exposure.

West Bengal Chief Minister, Mamata Banerjee, on Friday invited industrialists to set up base in the state, but cautioned against acquiring land forcefully.

State government says Infosys is Karnataka's baby and it will give the company full support to stay in the IT Park.

DoT committee rejects most Trai suggestions for freeing airwaves for sale.

Transparency International, a non-profit organisation fighting against corruption and malpractices, gave Reliance Industries and ONGC ninth and 26th positions, respectively, in its latest report Transparency in Corporate Reporting.

Agreement between Bharti Airtel and Loop Mobile, which offers mobile services in Mumbai, expired on October 31

To recruit 1,500 by March 2015 and to add 600 graduates, postgraduates over the next 12 months

External investigators say case of 'gender insenstivity'.