Mahindra & Mahindra raised prices by up to 2%

Mahindra & Mahindra raised prices by up to 2% for its entire range of products in August to offset the impact of high raw material rates.Mahindra & Mahindra on Monday said it raised prices by up to 2%for its entire range of products in August to offset the impact of high raw material rates.The company sells utility vehicles like ‘Scorpio´ and ‘Bolero´ along with three-wheeler commercial vehicles. It also manufactures and sells sedan ‘Verito

Amar Singh and 3 others sent to jail for Cash for Votes Scam

 Amar Singh Rajya Sabha MP and former Samajwadi Party leader has been sent to 13-day judicial custody in the cash-for-votes scam. Amar Singh and three other accused - Faggan Singh Kulaste, Mahavir Singh Bhagora and Ashok Argal - will remain in jail till September 19.

ONGC FPO Open on Sept 20 for 42.8 Crore Shares

ONGC FPO Open on Sept 20,Government will offer 42.8 crore shares through this FPO, which will close on September 23. A total of 8.5 crore shares are reserved for employees of the company.If we consider FPO price at Rs 250 a share, the issue size comes to Rs 10,700 crore

BP Confident of increasing Gas Production from KG D6

Country head of BP said he was confident of increasing gas production from KG D6 in about 2 Years. BP took 30% stake in RIL's 21 oil and gas blocks.
In July, India's cabinet had approved Reliance's plan to sell 30 percent stake in 21 oil and gas blocks to BP as part of a $7.2 billion deal , making it one of the largest investments in India's oil and gas sector.In May, the director general of hydrocarbons said the company was producing 48 mscmd (million standard cubic metres per day of gas) from the block, lower than 60 mscmd it produced last year and far off the planned peak capacity of 80 mscmd.