File photo of Naveen Jindal on the campaign trail earlier this year.
File photo of Naveen Jindal on the campaign trail earlier this year.

Jindal Steel shelves $10-bn project after coal setback


Jindal Steel and Power Ltd has shelved a $10-billion coal-to-diesel project, its chairman told R... »

Manish Maheshwari is Essar Oil CEO, E&P

Shankar Subramaniam

Essar Oil has appointed Manish Maheshwari as Chief Executive Officer- Exploration & Producti... »

Anchal Narang appointed Nuway Organic MD

Our Bureau

Nuway Organic Naturals India has informed the BSE that Anchal Narang, Director, has been appoint... »

Adani Power to buy Avantha’s Korba plant

Our Bureau

Crompton Greaves has said Avantha Power & Infrastructure Ltd (APIL), in which it holds an eq... »

GSK shareholders to vote on Novartis deal on Dec 18


Britain's GlaxoSmithKline has asked its shareholders to vote at a meeting on December 18 on its proposed major deal with Switzerland's Novartis, which will see the two pharmaceutical group trade m... »

KNR Constructions bags road project in Madhya Pradesh

Our Bureau

KNR Constructions Ltd has bagged a Rs 109.56-crore road project from the Madhya Pradesh Road Development Corporation Ltd through its joint venture. In a statement to the BSE, KNR Construc... »

Dr Reddy's launches Docetaxel injection in US

G Naga Sridhar

Dr Reddy's Laboratories Ltd has launched Docetaxel injection, a therapeutic equivalent of Taxotere, in the US market. The brand and generic had a sales of $ 218 million in the US for the... »

Will Reliance Retail change e -commerce game?

Strong presence: A Reliance Fresh outlet in Coimbatore (file photo).

Purvita Chatterjee

As Reliance Retail enters the e-commerce space with, existing players in the food and grocery space are gearing up to compete with the country’s largest retailer. Wi... »

How Singareni Collieries turned the corner

SUTIRTHA BHATTACHARYA, CMD of Singareni Collieries

V Rishi Kumar

In consolidation mode, Singareni Collieries Co Ltd (SCCL) is making efforts to increase output by streamlining its functioning. The company is close to commissioning its greenfield t... »

Wipro hires students from Karnataka govt colleges

Anil Urs

For the first time in Karnataka, 14 students of government first grade colleges have been selected by Wipro under its ‘Earn-cum-Learn’ scheme.“Each of these students will be granted... »

Tanishq relaunches gold deposit scheme


The Tata Group’s jewellery brand Tanishq has revived its ‘gold harvest’ scheme, which it had to discontinue a few months back due to the new Companies Act which terms such schemes as public-deposi... »

Competition panel begins public scrutiny of Holcim-Lafarge deal

The deal between Holcim and Lafarge, both of which have good presence in India, was announced in April this year.


Finding prima facie violation of competition norms in the proposed Holcim-Lafarge merger, fair trade regulator CCI today launched a public scrutiny of the finer details of the deal that would crea... »

Dhanlaxmi Bank independent director quits

Our Bureau

Dhanlaxmi Bank in a release to the stock exchange said K Srikanth Reddy, Non-Executive Independent Director, had resigned from the board of directors of the bank with effect from November 15. ... »

Aspiring Minds sees 40% revenue coming from overseas in 2-3 years

Himanshu Aggarwal,,Co-founder
and Director, Aspirig Minds

Navadha Pandey

Employee assessment solutions company, Aspiring Minds, expects overseas business to account for 40 per cent of the company’s revenue in the next two to three years, said its Co-founder and Dire... »

Infosys to double share capital

Warner Bros inks deal with Exelixi for kids stores

Shah Rukh Khan becomes brand ambassador of DHFL

IOC eyes 90% DBTL compliance in Gujarat by Jan 15

Solar installations cross 3,000-MW mark, 734 MW added this year

Titus Naikuni appointed Airtel Kenya’s board Chairman

Urban Ladder ‘acqui-hires’ BuynBrag, to expand home decor biz

Biyani buys Nilgiris for ₹300 crore

adidas appoints Tushar Goculdas as Brand Director, Emerging Markets


German sportswear major adidas has appointed Tushar Goculdas as Brand Director-adidas, Emerging Markets, with effect from March 1, 2015. Goculdas, who is currently Brand Director adidas Ind... »

VA Tech Wabag bags Rs 100-cr project in Philippines

R Balaji

VA Tech Wabag has bagged a Rs 100-crore project to set up a sewage treatment plant in the Philippines, according to a press release from the company. The World Bank-funded project involve... »

Sept quarter disappoints for India Inc

Bhavana Acharya

Economic indicators may be beginning to look up, but corporate earnings are faltering. The July-September period has been lacklustre for corporate India with sales growing a modest 3.2 per... »

Curbs on e-auction of coal have helped no one so far

Pratim Ranjan Bose

It took almost 10 years for Coal India unit Central Coalfields to begin production at its Amrapali mine in Jharkhand. But when it did in July, it was only because the new BJP Government at the Cen... »

Bosch eyes India’s emerging energy-efficiency market

M Ramesh

German engineering major Bosch wants to position itself as an ‘energy services company’, or ESCO — an area it feels is beginning to take off in India. An ESCO typically executes ener... »

Coal India trade unions call off strike in victory for Modi


The labour unions of state-run Coal India have called off a strike planned for Monday in protest against a stake sale and opening up of the industry, setting the stage for Prime Minister Narendra... »

SEBI chief defends new delisting norms

UK Sinha, SEBI Chairman

K. R. Srivats

Market regulator SEBI has ruled out any re-look on the recently announced delisting norms while refuting industry arguments that new regulations would “kill the delisting” activity in India, ... »

Khaitan Electricals suspends work at Kolkata unit

Our Bureau

Khaitan Electricals said in view of negligible production, it has declared a "temporary suspension of work till further notice" at its Kolkata works. In a communication to the s... »

Neyveli Lignite’s TN project awaiting eco clearances

A view of NLC plant in Tuticorin, Tamilnadu. - N RAJESH

R Balaji

Though the 1,000-MW NLC Tamil Nadu Power project at Tuticorin is ready, statutory clearances are holding it up from becoming operational. The ₹6,600-crore plant was to be originally... »

Astral Poly buys chemical firm for ₹213 crore

Our Bureau

Astral Poly Technik, which produces CPVC (chlorinated polyvinyl chloride) pipes and fittings, has acquired 76 per cent stake in a chemical company Resinova Chemie for ₹213 crore. The transa... »

CESC may phase out old plants

Sania to endorse Vencobb Chicken

ECIL secures export order from Toshiba Corp

Ford India to recall over 3,000 Fiestas

Warner Bros inks deal with Exelixi for kids WB stores

Nilgiris: From butter biz to pioneer in modern retail

SAIL to fire up Burnpur blast furnace in 10 days


Exchange Rate

Dollar Spot Forward Rate

Open-Ended Mutual Funds

MCX-SX Currency Futures

NSE Currency Futures

Comments to: Copyright © 2014, The Hindu Business Line.