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Early signs of recovery for Aban
Aban Offshore, whose share price was languishing for quite some time, is up almost 50 per cent over the past month. The news of Goldman Sachs picking shares of Aban worth Rs 22 crore from the open market has also rubbed off positively on the stock. The increasing market interest can partly be attributed to emerging stability in the business, since the downturn after the 2008 global crisis. Average

Short-staple cotton output likely to decline, denim makers may import

At a time when cotton output estimates in India have been lowered to 34.5 million bales (170 kg each), production of the short-staple variety in most parts is likely to fall on unfavourable weather

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State clears air on OMC-Sainik Mining deal

Fearing de-allocation of the Utkal-D coal block allocated to Orissa Mining Corporation (OMC) over issues related to shareholding and delay in project execution, the state government has shot off a

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Cinema advertising: Rising from the ashes
Why are advertisers flocking back to cinema theatres?

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Mumbai big-ticket property market sluggish

An estimated Rs 7,800-crore of big-ticket property deals sought to be put through in this city by companies and government bodies here haven’t been moving forward. Sector insiders and

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Centre to try and remove Indonesia coal import hurdle
The Centre has expressed concerns at the restrictions on the export of certain grades of coal by the Indonesian government, and said the issue would be taken up bilaterally.

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