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PSUs ONGC, SAIL, NTPC get Maharatna status
Mega public sector undertakings ONGC, SAIL and NTPC got greater financial and operational autonomy after the government today accorded the Maharatna status to these firms to help them emerge as global giants.

And now, Railway TV
If the Lok Sabha and the Rajya Sabha can have their own dedicated television channels, why shouldn’t the Indian Railways have its own channel? A Railways Advisory Committee, packed with supporters of the Trinamool Congress, has recommended the Railways start its own television channel to both inform as well as educate the travelling public. Watch this space for news of Air India TV!

News of the day

Wanted: 1,800 volunteers for free trip to Mexico, Guatemala!
Wanted: 1,800 volunteers for free holiday packages to Mexico and Guatemala! All inclusive. Also on the cards: Free vacation in India!
Home Business

RIL allots 21,173 shares to employees under ESOS

Diversified business conglomerate Reliance Industries (RIL) today said it has allotted 21,173 equity shares to its employees under the Employees Stock Option Scheme (ESOS). - NTPC ready to buy gas from RIL,opposes paying marketing margin - NTPC working on to build 18,000 Mw of new capacity - Reliance Industries wins Iran contract - RIL"s German subsidiary files for insolvency - RIL strikes two more gas reserves in KG basin - RIL, Tatas most admired cos for CSR activities The company has allotted 21,173 shares of Rs 10 each to its employees on June 1, RIL said in a filing to the Bombay Stock Exchange. RIL, the country"s most valued firm, is engaged in polymers, chemicals, fiber intermediates, petroleum, textiles and procurement business. Earlier in May, RIL had alloted 2,055 equity shares of Rs 10 a piece to its employees pursuant to the ESOS. Shares of RIL were trading at Rs 2,317, up 1.99 per cent on the BSE.


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