The government has decided to dilute its stakes in two biggest oil PSUs, ONGC and Indian Oil Corporation (IOC), as part of its plan to raise Rs 40,000 crore in the current financial year..
Hours after Prime Minister Manmohan Singh asked the Supreme Court not to get into 'the realm of policy formulation', the Union food ministry said the court suggestion to limit food procurement to the extent of available storage facilities, if put to action, would hit the poor farmer and 'drastically impact the food security of the nation'..
Reliance Industries, which has struck three shale gas joint ventures with US firms this year, may go for a full buyout next as the cash-rich firm builds the knowledge it needs to run such operations..
Indian markets on Monday posted their best single-day gain in over three months and climbed to its highest level since February 2008, with index heavyweight Reliance Industries leading the gains..
The Rs 3,600-crore Aurobindo Pharma has entered into licensing and supply agreement with AstraZeneca, one of the world's leading biopharmaceutical businesses, to supply a slew of solid dosage and sterile products for emerging markets..
