Roughly 60% of the operating expenses of a ship are in fuel costs, with a large ship burning 50 tonnes of oil per day.
The aim is to reduce the level of discretion in deciding on the names that can be accepted.
CEO Rajesh Gopinathan's compensation added to a remuneration of Rs 16.02 crore.
Citroen CEO Linda Jackson said that to capitalise on the opportunity that India presents, the company will launch a new vehicle every year, starting 2020.
According to analysts, the salt business of Tata Chemicals has been growing in low single digit for the past several years.
GRM Overseas MD Atul Garg said these initiatives are in-line with the company's long-term strategic plan to increase the production capacity to meet the growing demand.
The crisis at IL&FS, which is estimated to have a debt burden of over Rs 94,000 crore, came to light last year after some group companies defaulted on debt repayments.
PSU cites DRT order that bars CPRL boss from selling shares; next hearing on May 27.
Slowing demand comes at a time when companies are holding back investments, posing a double-whammy.
The board may invoke clawback option for bonus and benefits, file charges for fraud.
Refusing to entertain the plea by banks, a two-member NCLAT bench headed by S J Mukhopadhaya also warned banks that they would get "zero rupees" if the process is stalled.
Voting process would start on Thursday and end on Sunday, sources said, adding that the results would be declared on May 20.
The NCLAT is expected to pass on order on May 15 over the out-of-court settlement between Bakshi and McDonald's.
Puri, 56, was being mentored by YC Deveshwar for the dual role of chairman-cum-managing director.
The move is seen as a foregone conclusion since Deveshwar had already chosen Puri for the position.
ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors and policy parlours.
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