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Mercedes-Benz drives in E-Class Cabriolet, diesel CLS-Class

S Ronendra Singh

Luxury car maker Mercedes-Benz India on Wednesday launched the E-Class Cabriolet and n... »

Ipca shares slump after US FDA bans imports from 2 more plants

Reuters

The US Food and Drug Administration has banned most imports from two of Indian drugmaker Ipca La... »

Emcure’s moment in the Sun

PT Jyothi Datta

Pune-based Emcure got its moment in the sun, as it emerged as suitor for the seven brands being... »

Tata Motors board clears rights issue of ₹7,500 cr

R Yegya Narayanan

The board of directors of Tata Motors Ltd has cleared a rights issue to mop up close to ₹7,500 c... »

Aurobindo Pharma appoints Avnit Bimal Singh on board

G Naga Sridhar

Avnit Bimal Singh has been appointed an additional director (non-executive, independent) on the... »

National

L&T asked to submit report for Hyderabad metro alignment change

V. Rishi Kumar

Larsen & Tourbro Ltd, the concessionaire developing the mega Hyderabad metro rail project has... »

Companies

Monnet Ispat in talks to sell part of power arm

PTI

Monnet Ispat & Energy is in preliminary talks with potential buyers for selling partial stak... »

Companies

Ingersoll Rand to spend CSR funds through PPP model

Anil Urs

Ingersoll Rand India, for its Corporate Social Responsibility (CSR) spend, is planning to take u... »

Companies

Gujarat Alkalies, IICT ink pact for hydrate tech

Our Bureau

In an example of industry-laboratory collaboration, CSIR-Indian Institute of Chemical Technol... »

Companies

ICICI Bank acquires 5% IVRCL equity through CDR

Our Bureau

ICICI Bank Limited has acquired 2,25,74134 shares of IVRCL Limited amounting to 5.03 per... »

Companies

Capital First raises Rs 300 cr through QIP

Beena Parmar

Capital First successfully raised equity capital of Rs 300 crore through Qualified Institutional... »

Praj to license Gevo’s isobutanol technology

Our Bureau

Pune-based Praj Industries Ltd (Praj) has signed a memorandum of understanding (MoU) to become a licensee for bio-fuels company Gevo. The agreement is for producing renewable isobutanol at sugar-b... »

PepsiCo launches new variant of Tropicana Slice

Our Bureau

PepsiCo India has launched a new variant Tropicana Slice Alphonso this summer, and is exclusively available on Amazon.com. It is expected to hit the retail shelves across the country in the follo... »

It’s time for a ‘Drill in India’ campaign: Hind Oil Exploration

P. Elango, MD, HOEC

Our Bureau

India must recognise its strength as a buyer of oil and become a price maker and not a price taker, according to P Elango, Managing Director, Hindustan Oil Exploration Company Ltd.Un... »

Cab aggregator Uber rules out buys in India

Bhavik Rathod, General Manager, Uber, Bengaluru GRN SOMASHEKAR

K Giriprakash

Online cab aggregator Uber has ruled out any plans to acquire competitors in India, but said it is set to roll out its second phase of expansion. The San Francisco-based company will als... »

38 coal mines allotted to Central, State PSUs

Anil Swarup, Coal Secretary

Our Bureau

The Coal Ministry on Tuesday allotted 38 mines to Central and State public sector units including NTPC and SAIL, Coal Secretary Anil Swarup said.The allotment to Centre and State ent... »

Monnet Ispat in talks to sell part of power arm

PTI

Monnet Ispat & Energy is in preliminary talks with potential buyers for selling partial stake in its power business, Monnet Power Company, which has significant liabilities. While the... »

Capital First raises Rs 300 cr through QIP

Beena Parmar

Capital First successfully raised equity capital of Rs 300 crore through Qualified Institutional Placement (QIP) on Tuesday. “The Capital Raising Committee (the “Committee”) of the... »

Meghalaya govt to invest Rs 10 cr as equity in MCCL

PTI

Meghalaya Chief Minister Mukul Sangma today said the state government has earmarked Rs 10 crore as equity for the state’s oldest public sector cement company, the Mawmluh Cherra Cement Ltd (MCCL)... »

IIL set to launch bio-fertiliser ‘Mycoraja’ nationally in April

Tomojit Basu

Agro-chemicals major Insecticides (India) Ltd. (IIL) is set to commercialise its maiden bio-product ‘Mycoraja’ ahead of the onset of the Kharif season to establish a footprint in the Rs.5,000-crore... »

Riga Sugar seeks deferment of excise duty, VAT payment for two years

Our Bureau

Riga Sugar Co Ltd has sought financial assistance of Rs 30 crore by way of deferment of excise duty and VAT for two years from the Bihar Government. O P Dhanuka, CMD of Riga Sugar, told»

Suven Life gets 3 product patents for NCEs

Sun Pharma gets RBI nod for transfer of Ranbaxy foreign investments

Woodland forays into eyewear segment

Jaguar Land Rover to assemble Evoque at Pune plant

ISuzu to begin operations by April 2016 in Sri City

No woman director? Cough up ₹25 crore

Khed City: a bitter-sweet experiment for Baba Kalyani

Snowman Logistics’ temperature variant storage sees rise in demand from pharma firms

SIMA-PSG Institutions’ training prog for fitters, electricians begins

Our Bureau

The training programme for fitters and electricians at the Textiles Technical Training Institute established by the Southern India Mills’ Association (SIMA) jointly with PSG Institutions at Nilamb... »

CARE Ratings surges over 4% after CLSA buys stake

Reuters

The shares of Credit Analysis and Research Ltd (CARE Ratings) have gained as much as 4.1 per cent during trading on Wednesday. CLSA Global Markets has bought 0.48 million shares, or 1.7... »

Ingersoll Rand to spend CSR funds through PPP model

Anil Urs

Ingersoll Rand India, for its Corporate Social Responsibility (CSR) spend, is planning to take up direct interventional project in Karnataka, Tamil Nadu, Gujarat and Delhi. “For direct in... »

Gujarat Alkalies, IICT ink pact for hydrate tech

Our Bureau

In an example of industry-laboratory collaboration, CSIR-Indian Institute of Chemical Technology (CSIR-IICT) has signed an agreement with Gujarat Alkalies & Chemicals Ltd, Vadodara (GACL) f... »

Godrej Properties launches new township project in Pune

Our Bureau

Godrej Properties Ltd (GPL), the real estate development arm of the Godrej Group, has announced the launch of its township project, Godrej Infinity, in Pune.Located in Keshavnagar, the p... »

ICICI Bank acquires 5% IVRCL equity through CDR

Our Bureau

ICICI Bank Limited has acquired 2,25,74134 shares of IVRCL Limited amounting to 5.03 per cent of the latter company’s equity by interest loan conversion.According to a regulatory fil... »

L&T asked to submit report for Hyderabad metro alignment change

V. Rishi Kumar

Larsen & Tourbro Ltd, the concessionaire developing the mega Hyderabad metro rail project has been directed to submit the feasibility report and financial implications of the proposed alignment... »

Tata Capital eyes 30% growth in retail lending

PTI

Non—bank lender Tata Capital today said it targets 20—30 per cent growth in retail book on the back of good demand from the home loan segment.“With a GDP growth of 7—8 per cent, credit grow... »

Tata Power ties up funds for Georgian hydel project

PTI

Tata Power today said it has achieved financial closure for the 187 MW Adjaristsqali hydel projects in Georgia by arranging an additional $ 250 million long-term loan, making it the largest hydel... »

Essar Power to start mining from Tokisud block in Jharkhand

PTI

Essar Power will commence mining at its Jharkhand coal block in next few months to help the company restart its Mahaan power plant, lying idle due to lack of fuel since last 18 months. ... »

USDFA issues import alert on two Aarti Drugs' plants

CG Foods Global commissions instant noodles factory in Bihar

Gujarat Alkalies to scale up IICT technology for hydrazine hydrate

‘We see great opportunities in India and China’

Sun-Ranbaxy gets CCI nod for divesting brands

India is ‘a strategic market for Audi’

Suzlon gets nod to sell German unit

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