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Nathwani speaks on Ambanis' gas row; says he's linked to RIL
Declaring his association with Mukesh Ambani-led Reliance Industries (RIL), Rajya Sabha MP Parimal Nathwani today said the Ambani brothers" agreement provided for government approval of gas price and that RIL had not breached its terms.

FDs fall out of favour with banks
If you think your money in savings bank account will be automatically converted into fixed deposits (FDs), think again. It may just happen that while you are thinking the idle cash may earn 6-6.5 per cent a year, the prevailing fixed-deposit rate for one-year funds, it may actually continue to fetch only 3.5 per cent.

News of the day

ICICI, Citi among 17 in race to manage NMDC issue
ICICI Securities, Citigroup and Morgan Stanley along with 14 other merchant bankers have submitted bids to manage the estimated Rs 14,000-crore disinvestment of the state-run iron ore producer NMDC.
Public Company

Timings of 19 trains in ECoR's jurisdiction to be changed

With the new Railway time table coming into effect from November 1 this year, the timings of 19 trains originating in the jurisdiction of East Coast Railway (ECoR) would be changed. The trains whose timings would be changed include the Puri-Tirupati express, Puri-Howrah Jagannath express, Puri-Howrah weekly express, Puri-Howrah Garib Rath express, Bhubaneswar-Puducherry express, Bhubaneswar-Chennai express, Bhubaneswar-Visakhapatnam Intercity express, and the Visakhapatnam-Korba express among others.


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