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The company, promoted by state-run GAIL and British Gas Asia Pacific Holdings Pte Ltd, is making an offer for sale of up to 24,694,500 equity shares of Rs 10 each.

Mahanagar Gas Q3 net profit at Rs 99 crore

Company had posted net profit of Rs 76.06 crore in the October-December period of last fiscal.

12 Feb 2017 2:08 PM IST

While approving the government proposal for merger of Railway Budget with General Budget, the Committee said that the financial and functional autonomy of railways should be maintained. (Photo: Representational Image)

Automatic door locking system in Rajdhani, Shatabdi trains

It would cost the railways about Rs 20 lakh per coach to make the automatic system operational.

12 Feb 2017 1:01 PM IST

Besides the payout to GSPC, ONGC will have to pay for the entire development cost of the six discoveries which may run into at least a couple of billion dollars.

ONGC's USD 2.4 bn Mozambique deal under oil ministry scanner

Ministry has over the past few months asked the company to provide several details of the deal including the basis of...

12 Feb 2017 12:58 PM IST

Aditi Chauhan is the first Indian woman to play football abroad.

Women's football in India has potential, needs involvement: Aditi...

India goalkeeper Aditi Chauhan, who plays for West Ham in England, has stressed the need for a structured league to...

12 Feb 2017 12:46 PM IST

Use of alternative drugs which acts as psychotropic substances are now the major concern as youth resort on these to get intoxicated.

3.89 lakh kg drugs seized in 2016, 63 per cent more than 2015

A total of 3,48,933 kg of drugs have been destroyed by drug law enforcement agencies between 2014 and 2016.

12 Feb 2017 12:33 PM IST

With this, Kuwait will be the only nation to prohibit the entry of Syrian nationals prior to Mr Trumps executive action. Kuwait City had earlier issued a suspension of visas for all Syrians in 2011. (Representational image)

Govt seeks data from industry to take up visa issue with US

Current H-1B minimum wage of USD 60,000 was fixed in 1989 and has since remained unchanged.

12 Feb 2017 12:16 PM IST

CBDT said income from transfer of unlisted shares would not be taxed in the case of certain categories of Alternative Investment Funds registered with markets regulator Sebi.

Tax officers to file self-appraisal report on e-assessment

Revenue Department has asked officers to file a report on the e-assessments they took up and disposed off in the year.

12 Feb 2017 11:51 AM IST

BSNL added most number of subscribers in April for a third month in a row, as per data released by telecom regulator TRAI.

BSNL aims to complete North East telecom project by Dec 2018

Project proposal entails an estimated expenditure of Rs 5,336.18 cr which is to be funded from the USOF.

12 Feb 2017 11:47 AM IST

Policy and programmes developed by the Ministry of Housing under the NDA government, has been supported by budgetary interventions, bringing in a new era of reforms in the real estate sector.

Housing sales fell 40 per cent in Nov-Dec on demonetisation: PropTiger

Housing sales across these nine cities declined by 20 per cent.

12 Feb 2017 11:30 AM IST

Online retailers Flipkart, Snapdeal and Amazon on Thursday came together to raise concerns about the tax collection at source (TCS) clause under draft model GST law, saying it could result in a capital lock-down for sellers and discourage them from selling online.

Govt may rework indirect tax maths mid-way after GST entry

Govt estimates to collect nearly Rs 9.27 lakh crore from indirect taxes next fiscal, up 9 pc over 2016-17.

12 Feb 2017 11:27 AM IST

The government of India has notified a CPI inflation target of 4 per cent, within a tolerance band of 2-6 per cent until March 2021.

'Q3 earnings, inflation data to drive stock mkt sentiment'

Over the last week, the Sensex recorded a rise of 93.73 points, or 0.33 per cent.

12 Feb 2017 11:01 AM IST

Demonetisation took a toll on industrial activity as output contracted to four-month low of 0.4 per cent last December with consumer durables taking the worst hit. (Representational image)

IIP growth expected to see some uptick in January: Kotak

The industrial output was 5.7 per cent in November and did not capture the impact of demonetisation.

12 Feb 2017 10:50 AM IST