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Finmin to pay full Rs 8600-cr subsidy to OMCs in Q4

2 hrs 46 min ago
Finmin to pay full Rs 8600-cr subsidy to OMCs in Q4
OMCs will absorb losses of Rs 2200 crore in the nine months in fiscal year 2015. With this, upstream companies will have to face no subsidy burden in the fourth quarter.

News Flash

  • Hetal Dalal COO, IiAS On CNBC-TV18 : SEBI To Pay An Important Role In This USL-Mallya Matter

  • Hetal Dalal COO, IiAS On CNBC-TV18 : We See The USL-Mallya Matter Going To Court

  • Hetal Dalal COO, IiAS On CNBC-TV18 : USL Chairmanship Will Be A Battle Between Two Promoters

  • Hetal Dalal COO, IiAS On CNBC-TV18 : Shareholders Can Call EGM & Vote Again Against Vijay Mallya

  • Hetal Dalal COO, IiAS On CNBC-TV18 : Believe That Vijay Mallya Should Step Down

  • Hetal Dalal COO, IiAS On CNBC-TV18 : Long Protracted Legal Battle Likely In USL Case

  • Hetal Dalal COO, IiAS On CNBC-TV18 : In 2014 Diageo Voted In Favour of Mallya Despite Willful Defaulter Tag

  • IGATE CEO Says CNBC-TV18 Exclusive : Chemistry Between Capgemini & IGATE Driven By Management Teams

  • IGATE CEO Says CNBC-TV18 Exclusive : Need To Beef Up Financial Services Capabilities & North America Business

  • IGATE CEO Says CNBC-TV18 Exclusive : Need Several Regulatory Approvals For Merger To Complete

  • IGATE CEO Says CNBC-TV18 Exclusive : Will Continue To Exist As Independent Businesses Till Approvals Come In

Mallya-USL case to turn into protracted legal battle: IiAS

Hetal Dalal COO, IiAS believes the case will soon turn into a long-drawn legal battle and the market regulator Securities and Exchange Board of India ...

Chemistry between Capgemini-iGate instantaneous: A Vemuri

In a bid to expand its footprint in North America, French IT services giant Capgemini Monday said it was set to acquire US based iGate for USD 4 billi...

FY15 net slippages stood at Rs 1000cr: Andhra Bank

In an interview with CNBC-TV18’s Latha Venkatesh, Andhra Bank CMD CVR Rajendran discussed the bank’s fourth quarter earnings.

Capgemini-iGATE deal: What it means for other Indian IT cos

Sudin Apte, CEO and research director at Offshore Insights says while Capgemini's long-term competitive positioning has clearly improved with this tra...

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