PMO seeks oil ministry comments on Anil Ambani's allegations
The Prime Minister's office (PMO) is believed to have asked for urgent comments from the petroleum ministry, following accusations made by Anil Ambani for supporting Mukesh-led Reliance Industries in the ongoing dispute over gas supply.

In a letter written to Prime Minister Manmohan Singh, the younger Ambani had sought a direction to the ministry of petroleum and natural gas to...

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Pay As You Go

Funds are hiking your exit barrier

One of the worst aspects of mutual fund returns is the cost you pay for the privilege of having your money ‘managed’. After all, the revenues and profitability of fund companies are directly linked to how much they can extract from you. They don’t make or lose money along with you. They make money, regardless of your returns. There used to be huge costs at...

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Can Radio Make Money in India?

ML: Where are mobile radio, Internet and satellite radio headed?
Prashant Panday: All of these have good scope for growth in the longer term. In the short and medium terms, I don’t think they are going to become a ‘mass media’.

ML: Currently, Indian radio advertising industry accounts for 3.2% of all advertising revenues. That number is projected to increase to 4% over the next five years....

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