Tata Steel raises Rs 4,000 cr via non-core asset sale
Tata Steel has raised more than Rs 4,100 crore through the sale of non-core assets so far this fiscal as part of efforts to strengthen its balance sheet and generate cash. The Mumbai-based firm said last week it sold 1.33 percent stake in group company Tata Motors to institutional investors for... read more »
L&T Finance Holdings to get Rs 708 cr from Bain Capital
L&T Finance Holdings , the subsidiary of engineering & construction major Larsen & Toubro, will get Rs 708 crore from Bain Capital by issuing preferential shares and warrants. “The board of directors in today’s meeting has approved a preferential allotment of equity... read more »
Why ONGC, Oil India Are Likely to Come Under Pressure
Shares of ONGC and Oil India are likely to come under pressure from October 1 as natural gas prices in India may fall below $4.2 per mmBtu (million British thermal unit) from $5.18 per mmBtu now according to reports. As per the mechanism approved in October 2014, price of domestically produced... read more »
Hiring activity up 13% in August, says Naukri survey
In what can be seen as a reason for optimism among job seekers, hiring activity has increased 13 per cent in August 2015 against the same month last year, a survey said. According to the Naukri Job Speak Index for August this year, banking and financial services recorded the maximum increase (26... read more »
Udhampur: Attack on police post may not be terrorist strike, says J-K govt
The Jammu and Kashmir Government on Friday said the attack on Chanj police post near Basantgarh in Udhampur district might not be a militant strike, but a result of a tiff between SPOs and... read more »
Dual approval needed for Adani Carmichael mine: Lawyer
In an interview to CNBC-TV18, Sue Higginson, Principal Solicitor, EDO NSW, who represents the community group, says the mine anyway requires dual nods- from the commonwealth... read more »
‘Isro to Launch 9 Nano/ Micro Satellites for US in 2015-2016’
‘Isro to Launch 9 Nano/ Micro Satellites for US in 2015-2016’Press Trust of India, 5 August 2015 Indian Space Research Organisation (Isro) will be launching nine nano/ micro... read more »
Nestle’s deemed safe by Goa in first ruling since recall
SA’s Maggi noodles comply with food safety standards, authorities in Goa said, in the first such ruling since the popular instant snack was pulled from stores after another state lab... read more »
Adani’s Australia coal mine hits environmental legal snag; ...
Sydney: An Australian court on Wednesday revoked the government’s environmental approval for one of the world’s biggest coal mines under construction in the Australian outback by Indian... read more »
