Even before the start of the new financial year, the spectre of rising losses during 2010-11 has begun to haunt the three state-controlled oil marketing companies that account for over 90 per cent

National Aviation Company Ltd (Nacil), which runs Air India, is unhappy over the civil aviation ministry deducting a part of the money given by the government for infusion of equity capital in the

In order to restrict the undisclosed exposure of non-life insurers, General Insurance Corporation of India (GIC), the national reinsurer, is planning to control the risk reinsured through

International Olympic Committee president Jacques Rogge said Sunday the Vancouver Olympics should be remembered for its great atmosphere and sports performances and not just the death of a