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Tamil Nadu to expand Amma salt outside the state

Tamil Nadu to expand Amma salt outside the state

The brand Amma would soon see a pan-India expansion, with the Tamil Nadu goverment's Tamil Nadu Salt Corporation (TNSC) planning to launch sales of Amma salt all over India.

According to state government's policy note for the year 2015-16, the sale of Amma salt will be launched in Delhi, Gujarat, Rajasthan, Maharashtra, Punjab, Karnataka, Kerala, Andhra Pradesh, Haryana and Uttar Pradesh shortly.

PM Modi urges educated Indians to volunteer 100 hours a year for teaching

PM Modi urges educated Indians to volunteer 100 hours a year for teaching

Eight hundred students and 60 teachers from various schools in New Delhi are interacting with Prime Minister Narendra Modi on Friday on the eve of Teacher's Day along with students from across the country who have excelled in various activities.

PM is meeting students at Manekshaw Auditorium from 10 am to 11.15 am and with students outside through the video conferencing mode.

Maruti Suzuki to take shareholder vote on Gujarat plant after govt approvals

Maruti Suzuki to take shareholder vote on Gujarat plant after govt approvals

Maruti Suzuki India Ltd, India's top-selling carmaker, will take shareholders' vote for a new manufacturing plant in Gujarat after receiving the pending government approvals, its chairman said on Friday.

Maruti, controlled by Japan's Suzuki Motor Corp, needs to start operations at the plant in 2017 and it is on schedule to achieve that, R C Bhargava told an annual shareholders meeting.

As Sebi-FMC merger looms, bourse-listing system amiss

As Sebi-FMC merger looms, bourse-listing system amiss

The Securities and Exchange Board of India (Sebi) will soon have to put in place a framework for listing of stock exchanges, an idea that has been awaiting final approval of the market regulator for the past three years.

This is because the country’s only listed bourse, the Multi-Commodity Exchange (MCX), will de facto be listed under Sebi regulations, once the merger between the market regulator and commodity market regulator gets consummated on September 28.

BSE Bankex dips nearly 700 points; SBI, ICICI Bank, BOI, PNB hit fresh 52-week low

BSE Bankex dips nearly 700 points; SBI, ICICI Bank, BOI, PNB hit fresh 52-week low

Total 13 public and private sector banks hit their respective 52-week lows on the Bombay Stock Exchange (BSE) after banking share index, S&P BSE Bankex fell nearly 700 points.

At 09:59 AM, the S&P BSE Bankex, a gauge of public and private sector banks, dipped 669 points or 3.5% at 18,271 against 2.2% fall in the S&P BSE Sensex.

ONGC paid over $1.25 bn for 15% stake in Russia's Vankor oil field: source

ONGC paid over $1.25 bn for 15% stake in Russia's Vankor oil field: source

Oil and Natural Gas Corp (ONGC) has paid just over $1.25 billion for a 15% stake in Russian oil major Rosneft's Vankor oil field, a source with direct knowledge of the deal said on Friday.

ONGC expects to get more than 3 million tonnes of oil a year (between 66,000 and 70,000 barrels per day) from its holding in the huge Siberian oil field, the source told Reuters on condition of anonymity.

Pakistan ready for short or long war, will inflict heavy losses on India, says Defence Minister Khawaja Asif

Pakistan ready for short or long war, will inflict heavy losses on India, says Defence Minister Khawaja Asif

Pakistan is ready for a short or long conflict and will inflict heavy losses on India in case war hysteria overcomes Indian leadership, Defence Minister Khawaja Asif has said.

His remarks came in reaction to the statement by Army Chief Gen Dalbir Singh that India is prepared for swift and short wars in the future.

ONGC and British Gas to reestablish exploration in Cauvery Basin

ONGC and British Gas to reestablish exploration in Cauvery Basin

ONGC is planning to join hands with British Gas to conduct a study to reestablish exploration in Cauvery Basin Offshore. Besides, the company also said that its Mission 2018 is to produce first gas in eastern offshore Block KG-DWN-98/2.

A K Dwivedi, director - exploration, ONGC told reporters that along with British Gas the company will do a joint study to reestablish exploration in Cauvery Basin Offshore.

Tata Sons moves Supreme Court against Rs 300 cr sales tax demand

Tata Sons moves Supreme Court against Rs 300 cr sales tax demand

Tata Sons the holding company for $ 109 billion Tata Group has appealed in the Supreme Court against an estimated Rs 300 crore sales tax demand from Maharashtra state government.

In January 2015, the Bombay High Court had upheld the state tax department's decision to collect sales tax from the Tata Sons for the royalty it charges from group firms for using Tata brand name.

Mercedes launches AMG C 63 S at Rs 1.3 crore

Mercedes launches AMG C 63 S at Rs 1.3 crore

India's largest luxury car maker Mercedes-Benz today launched the powerful AMG C 63 S at Rs 1.3 crore (ex-showroom, Delhi) making it the eleventh launch for the year by the company.

Mercedes, which had promised to make 15 launches in India this year, has so far launched ten AMG models in the Indian market, all of which are built in Germany and imported to India. These include S 63, E 63, SLK 55, GLA 63, G 63 to name a few.

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