Anonymous sources
Livemint
Ministry to appoint 3 new members to CLB - Livemint
The ministry, therefore, advertised for three posts of members, the interviews for which were held on Saturday,” said an official at MCA, who did not want to be identified. MCA wants CLB to dispose of a maximum number of cases so it doesn't transfer ...
Regulator probes pricing, trading of IPOs - Livemint
He refused to be named. Almondz has handled four IPOs this year. “We have done a couple of IPOs this year and both are doing fine. We haven't received any letter from Sebi, but we know the regulator is questioning merchant bankers to understand poor ...
Govt to end contract with CMIE for collecting IIP data - Livemint
The department of industrial policy and promotion (DIPP) will collect the data using its own resources, said a DIPP official, who declined to be identified. “The contract with CMIE was ending in October this year. We have extended it by another six ...
Air India raises fares, shifting pricing strategy - Livemint
In informal talks earlier last month, Air India agreed to raise airfares, but keep its ticket prices at more than `150 of those offered by budget airlines, said a person familiar with the matter, who declined to be named. Air India operates more than ...
Govt makes little headway in push for fertilizer assets - Livemint
All three declined to be identified. The government had decided to constitute the CoS under cabinet secretary Ajit Kumar Seth after a meeting on the issue that was chaired by Prime Minister Manmohan Singh on 10 August. Mint had first reported this on ...
UPA silence on Mamata claim stokes fear of rollback on retail - Livemint
While one cabinet minister, who did not want to be identified, said the government may have to put the decision on hold for the time being, another maintained that a final decision would await feedback from the Congress party leadership. ...
Tilaknagar Industries, European firm may form joint venture - Livemint
... and one of the companies that was in discussion with Tilaknagar was apparently a big distiller having distilleries in Scotland and a few other locations in Europe,” said an investment banker, who did not want to be identified. ...
Warren Tea may split assets to end dispute - Livemint
... taking interest in Warren and realized that it was impossible for them to work together with Goenka and his son, Vivek Goenka, who was appointed executive director this year, according to the aforementioned Warren official, who refused to be named. ...
RGTIL to assess gas demand - Livemint
Before proceeding with the construction of gas pipelines awarded to it by the government, Reliance Gas Transportation India Ltd (RGTIL) wants to assess the demand for natural gas in the country, according to a person familiar with the matter. ...
MCA expects most firms to comply with XBRL deadline - Livemint
“More than 5100 companies have already filed, and 600-700 filings are being done on a daily basis,” said a senior MCA official who did not want to be identified. “By December end, we feel most companies falling in the first category will be able to ...
RGTIL to assess gas demand - Livemint
Mumbai: Before proceeding with the construction of gas pipelines awarded to it by the government, Reliance Gas Transportation India Ltd (RGTIL) wants to assess the demand for natural gas in the country, according to a person familiar with the matter. ...
Bhel's cash flow declines due to delayed payments - Livemint
... slowing cash flow could mean that the quality of its core business is suffering due to various issues that power generation companies are struggling with, added the analyst, who declined to be named citing commercial considerations. ...
PM may ask FinMin to consider lowering excise tax on jet fuel - Livemint
A SpiceJet official, who declined to be named, said Maran could not attend the meeting as he was not well. Maran's Dravida Munnetra Kazhagam party based in Chennai is a part of the United Progressive Alliance government at the Centre. ...
CBEC seeks more staff to meet growing workload - Livemint
“There has been no expansion since 1994,” said the second government official, who also did not want to be identified. “It is the group B employees who have been exerting pressure to add more positions in the upper category so that they can be elevated ...
RBI approves Air India debt restructuring - Livemint
This person, who, like the other Air India executive, did not want to be identified, added that Air India had sought exemption from provisioning on account of diminution in the fair value of the loans to be restructured, but RBI suggested the money be ...
CBEC seeks more staff to meet growing workload - Livemint
“There has been no expansion since 1994,” said the second government official, who also did not want to be identified. “It is the group B employees who have been exerting pressure to add more positions in the upper category so that they can be elevated ...
Bhel's cash flow declines due to delayed payments - Livemint
... slowing cash flow could mean that the quality of its core business is suffering due to various issues that power generation companies are struggling with, added the analyst, who declined to be named citing commercial considerations. ...
States' dissent raises hurdles for retail FDI - Livemint
In the Rajya Sabha, where the ruling coalition does not have a majority, the opposition is planning to seek a debate with voting on the issue, according to a leader from a Left party, who declined to be named. In the Lok Sabha, three parties—Communist ...
Bengal discom may face losses unless govt raises tariff - Livemint
There is “absolutely no certainty” that the power producer will be able to clear Coal India's bills any time soon, according to a power department official, who also declined to be named. Because of its inability to pay for coal, the firm has had to ...
Who is Cyrus Mistry? - Livemint
There is not a piece of paper that goes to him that he doesn't read,” adds this person, who asked not to be identified because there was an unspoken “blanket ban” on talking about him. A meticulous man: Cyrus Mistry outside Bombay House, the Tata group ...
GMR in talks with FedEx, DHL to make Hyderabad cargo hub - Livemint
The talks with FedEx and DHL, said a second GMR official who too asked to remain anonymous, are at a preliminary stage. A GMR team has visited FedEx's Memphis hub in the US and another team is expected to visit DHL's offices to study its feeder network ...
Brahmaputra Valley Fertilizer faces closure - Livemint
BVFCL has been in financial turmoil since it was revived in 2002, said another senior official, who also did not want to be identified. BVFCL chairman and managing director R. Singh denied any knowledge of the company's likely closure. ...
Cabinet likely to approve FDI in multi-brand retail - Livemint
“The ministry was asked to align a couple of discrepancies in the Companies Bill with that of Sebi (Securities and Exchange Board of India) Act, which have been taken care of,” said an MCA official who did not want to be identified.
Plan panel: UID beneficiaries should pay for enrolments - Livemint
“NPR has been given a process by the government; unless the process is changed, we are duty-bound to follow it,” said a government official close to the NPR project who did not want to be identified. NPR has much higher levels of security, he said. ...
General insurance companies not to be paid ceding commission - Livemint
But with this, we will have to even refund the commissions that we have received so far this fiscal,” said the reinsurance head with a private general insurance company who did not want to be identified. “This will increase our underwriting losses. ...