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The Anil Dhirubhai Ambani Group (ADAG), which is involved in a bitter gas tussle with Mukesh Ambani’s Reliance Industries, has written to the Petroleum Ministry asking it to resolve the issue of marketing margin expeditiously.
Reliance Industries sells gas to ADAG and other companies at a price of USD 4.2 per unit — ADAG's Reliance Natural Resources and RIL are already involved in a legal fight over the unit price — and also charges marketing margins of USD 0.13 per unit.
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"If I engage God in my battles and surrendermyself totally to him and his will, I would never lose. In a bettle there is one general. I shouldn't get in Gods way to be general. The best way to fight your battles is on your knees." Charles stanley |
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Avantel Ltd =The Company has signed contract with The Boeing Company, USA, to supply of Airborne Satellite communication equipment worth $1.3 million USD.
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"If I engage God in my battles and surrendermyself totally to him and his will, I would never lose. In a bettle there is one general. I shouldn't get in Gods way to be general. The best way to fight your battles is on your knees." Charles stanley |
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IMF says to revise up 2010 global growth forecast
The International Monetary Fund will increase its forecast for global growth next year in the next few days to account for a faster recovery in major economies, its deputy director said on Monday. The IMF will raise its forecast for 2010 global growth to about 3 percent from 2.5 percent, said Murilo Portugal, the fund's deputy managing director. The revised forecast could come as soon as Tuesday. "The recovery is stronger than initially forecast," Portugal, a former deputy finance minister in Brazil, told journalists on the sidelines of a business seminar. Brazil's economy, the largest in Latin America, should grow more than the global average, Portugal said without giving detailed forecasts. Economists in a weekly central bank survey released on Monday increased their forecast for gross domestic product growth in Brazil to 4.5 percent in 2010 from 4.2 percent a week earlier.
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"If I engage God in my battles and surrendermyself totally to him and his will, I would never lose. In a bettle there is one general. I shouldn't get in Gods way to be general. The best way to fight your battles is on your knees." Charles stanley |
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Govt plans FPOs in REC, NTPC: Divestment Jt Secy
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"If I engage God in my battles and surrendermyself totally to him and his will, I would never lose. In a bettle there is one general. I shouldn't get in Gods way to be general. The best way to fight your battles is on your knees." Charles stanley |
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Cochin Shipyard gears up for an IPO
CRISIL brings out new equity grading system India’s Dishman to gain from Abott’s Solvay buy Air India suffers losses over Rs 7K crore BHEL, BEML in talks to jointly power Metros
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"If I engage God in my battles and surrendermyself totally to him and his will, I would never lose. In a bettle there is one general. I shouldn't get in Gods way to be general. The best way to fight your battles is on your knees." Charles stanley |
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The market regulator, SEBI (Securities & Exchange Board of India) has okayed Indiabulls Power's IPO (initial public offering). This subsidiary of Indiabulls Realty is expected to raise around Rs 2,000 crore.
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"If I engage God in my battles and surrendermyself totally to him and his will, I would never lose. In a bettle there is one general. I shouldn't get in Gods way to be general. The best way to fight your battles is on your knees." Charles stanley |
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Indian mid-size banks should look at mergers and acquisitions to adjust to the changing economic scenario, Finance Secretary Ashok Chawla said on Tuesday, marking the first time the government has officially endorsed such a move.“In the next five to 10 years, mid-size banks should look at merger and consolidation so that the structure of the banking system is changed to suit the growing needs of the economy,” Chawla said at an event organised by Vijaya Bank to launch its mobile banking service
__________________
"If I engage God in my battles and surrendermyself totally to him and his will, I would never lose. In a bettle there is one general. I shouldn't get in Gods way to be general. The best way to fight your battles is on your knees." Charles stanley |
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