Odisha Govt withdraws tax sops to IOC’s Rs 34,555-crore Paradip refinery


In a big jolt to IndianOil, the Odisha Government has withdrawn tax incentives given to the Rs 34,5... »

IOCL’s Mathura-Jalandhar pipeline repaired and put back in service

Our Bureau

Indian Oil Corporation has repaired and restored the Mathura-Delhi section of its Mathura-Jalandhar... »

ArcelorMittal plans to set up 600-MW solar farm in Karnataka


The world’s largest steelmaker ArcelorMittal may set up a solar farm on the land alloted to it for ... »

L&T arm bags Rs 1,100 cr contract from IOC


The orders are for IOC’s Indane Maximisation project »

More wind power projects to go under hammer next fiscal


Buoyed by drop in tariff to a record low of Rs 3.46 per unit in the first-ever wind power auction, ... »

Anil Ambani to spell out future plans for defence biz on Monday


Pitching defence business as the main growth driver, industrialist Anil Ambani will brief the sectoral and market analysts here tomorrow about future plans of his Reliance Group in this segment. Th... »

SAIL’s Tasra washery project in Jharkhand gets environment clearance


A green panel has recommended environment clearance (EC) to state-owned steel major SAIL for the construction of a pit head coking coal washery at its Tasra coal block in Dhanbad, Jharkhand. An Ex... »

CIL arm Northern Coalfield approves Rs 1,244-cr share buyback plan


World’s largest coal producer Coal India today said the board of its arm Northern Coalfield has approved a share buyback plan worth Rs 1,244 crore. “Board of Directors of Northern Coalfields Limite... »

Motherson Sumi’s Vivek Sehgal bags EY’s ‘entrepreneur of the year’ award

Our Bureau

Vivek Chaand Sehgal of Motherson Sumi Systems Ltd (MSSL) has been awarded the Entrepreneur of the Year 2016 award by assurance, tax, transaction and advisory services firm EY. Sehgal will now represen... »

In pollution fight, govt looking at nationwide ban on petcoke


Cement and captive power producers fear surge in input costs »

Hyundai’s 4-year plan: 3 new segments, 8 cars

YK Koo , MD & CEO, Hyundai Motor India Ltd

Our Bureau

To bring in new technologies like ‘mild’ hybrid »

Sony Pictures named broadcast partner for powerboat racing competition

Our Bureau

Sony Pictures Networks India (SPN) is the broadcast partner for the inaugural edition of the Nexa P1 Powerboat, Indian Grand Prix of the Seas, the global series in powerboat racing.This will be the fi... »

Volvo eyes long haul transportation segment in India


Swedish commercial vehicles major Volvo is eyeing long haul transportation segment in India with GST rollout expected to spur growth of the category. The company, which makes premium trucks for sp... »

Paper Boat to sail deeper into dairy-based beverages, ethnic snacks this summer

Paper Boat thandai

Meenakshi Verma Ambwani

The beverages group will tap into thandai in North, spiced buttermilk in South »

ONGC board approves ₹ 7,327 cr capex for five projects

Our Bureau

Public Sector Undertaking, Oil and Natural Gas Corporation (ONGC) board approved the development of five projects with an investment of ₹ 7,327 crore at its 290th meeting. According to a press statem... »

TCS to articulate capital allocation policy in next few months

Chandra elected chairman of Indian Hotels

Naturals to open outlets in Sri Lanka, Dubai

Renault launches Kwid variant priced at Rs 3.54 lakh

JLR launches Made-in-India Jaguar XF sedan at Rs 47.50 lakh

With premium fans, Orient hopes revenue jump will be a breeze

HOEC sees early monetisation of Arunachal oilfield

TVS Motor pips Hero MotoCorp to become No 2 scooter company

L&T expects oil sector orders to pick up in next 2 years


With global oil prices stabilising, L&T Hydrocarbon Engineering expects orders from international and domestic players to improve in the next two years. The wholly-owned subsidiary of engineeri... »

India, Germany ratify Social Security Agreement


India and Germany have ratified the Social Security Agreement (SSA), which will come into force from May 1 this year, to help promote more investment flows between the two countries. The SSA will a... »

American Centre attack suspect arrested in Gaya


A suspect in the 2002 terror attack on American Centre in Kolkata was arrested from Bihar’s Gaya district, police said today. A team of Gujarat Anti—Terrorist Squad, Jharkhand Police and Bihar Poli... »

Seven firms seek land allotment at aero park in TN

Our Bureau

Seven more companies have sought land from the Tamil Nadu government to set up their units inside the aerospace park at Sriperumbudur. This is in addition to allotment of space to 14 aerospace compone... »

Eveready commences operation at Assam unit

Our Bureau

Eveready’s Assam unit will have an annual capacity of 500 million batteries and nine million flashlights. »

Tata Steel gets eco clearance for Haldia coke plant expansion


Tata Steel has received environment clearance (EC) for expansion of its Haldia coke plant in West Bengal, Asia’s biggest standalone unit, from 1.6 million tonnes per annum (MTPA) to 2.2 MTPA, entaili... »

Zydus Cadila to launch seasonal flu vaccine in India


Zydus Cadila has received regulatory approvals to launch tetravalent inactivated influenza vaccine for seasonal flu in India. The company has received approvals from the Drug Controller General of ... »

Emami’s Pacharia plant in Assam goes on stream

Our Bureau

FMCG major Emami Ltd’s Pacharia plant in Assam commenced commercial operations on Thursday. Built at a cost of ₹300 crore, the plant will cater to most of the company’s offerings in the personal ca... »

PE fund Emerging India buys majority stake in Mumbai-based travel firm

Varun Gupta, CEO, Goomo

Purvita Chatterjee

Plans to start consumer-facing travel business under a new brand, Goomo »

Sembcorp Gayatri Power completes construction of 1320 MW thermal plant near Nellore

V Rishi Kumar

The second 1320 megawatt coal fired thermal power plant of Sembcorp Gayatri Power has been declared fully operational with the completion of its unit II of 660 MW The 1,320 MW power plant comprises... »

Sudhir Kumar takes charge as ED of IOC's Gujarat refinery

NTPC's total installed capacity rises to 48,143 MW

Zydus gets US FDA nod to start Phase 2 clinical trials of Saroglitazar Magnesium

Tata Motors board to consider raising Rs 500 cr via NCDs

RJio effect: Bharti Airtel to acquire Telenor India

Tile-maker Asian Granito to double quartz stone capacity

BEML eyes ₹800-crore revenue from defence, aerospace verticals


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