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 »
I am inexperienced as a coach: Rahul Dravid
Former India captain Rahul Dravid said learning is a two-way process and he is benefiting on that front in his role as the India A coach. Dravid, who hung his international boots in 2012,... read more »
India’s Davis Cup team needs camaraderie, not friction: Bopanna
For too long Rohan Bopanna has been the man in waiting. Despite his obvious talent and good showing on the men’s doubles tour, somehow the man from Coorg seemed to stay a side actor... read more »
Hector Moreno offers wishes after breaking Luke Shaw’s leg
Soccer fans in England were wincing over their breakfast on Wednesday as horrific pictures of Luke Shaw’s broken leg were splashed across the nation’s newspapers. The Manchester United... read more »
NTPC, 10 others in fray for subsidy on LNG for power plants
NEW DELHI: As many as 11 bidders including NTPC are in the fray on Wednesday for the Rs 298 crore government subsidy on offer for plants receiving inadequate domestic natural gas. The... read more »
Indian Authorities Reject Uber’s Application for Delhi License
NEW DELHI—Uber Technologies Inc.’s application for a license to operate in the Indian capital has been rejected for a second time, according to an order passed by transport authorities in the... read more »
