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All units at VSP back in action: RINL

All units at VSP back in action: RINL

VISAKHAPATNAM: Rashtriya Ispat Nigam Limited (RINL) on Sunday said production has been restored at all units of the Visakhapatnam Steel Plant (VSP), which was affected by Cyclone Hudhud. In a release, RINL said the revival of raw material handling facilities, coke ovens, blast furnaces and SMS-1... read more »

Gold, silver likely to trade lower; copp...

Gold, silver likely to trade lower; copper may rise

Global markets traded mixed in the last fortnight as the US Fed’s decision to wind up its bond buying programme acted as a boost for equities wherein the Dow Jones gained by around two per cent. Equities in the euro zone and Japan traded lower due to weak sentiment, acting as a negative... read more »

Tata Communications hits 52-week high af...

Tata Communications hits 52-week high after decent Q2 earningsTata Communic...

Tata Communications rose 2.42% to Rs 412.25 at 10:42 IST on BSE after consolidated net profit rose 14.97% to Rs 92.39 crore on 4.87% growth in total income to Rs 5235.06 crore in Q2 September 2014 over Q2 September 2013. The Q2 result was announced on Saturday, 1 November 2014. Meanwhile, the... read more »

Flipkart, Snapdeal Emerge Favourites in ...

Flipkart, Snapdeal Emerge Favourites in Campus Placements: Report

E-tailors such as Flipkart, Snapdeal and Amazon have emerged as the new favourites among thousands of engineering and B-Schools graduates looking for their first placement, a survey by industry body Assocham has found. More than 71 per cent of respondents in the survey, carried among 500 students... read more »

More from Business

inconsistent weather impacts tea production in India

Coonoor – uncertain weather, insufficient rains and high temperatures this summer have impacted tea production in India, as evident from 18 million kg (average) lower yield during the... read more »

Japan seeks exemption from MAT for its cos in India

Japan has asked India to “at once” exempt Japanese manufacturers operating in India from withholding and Minimum Alternate Tax (MAT). Minister, Embassy of Japan, Isomata Akio, on... read more »

CCI pentalty: impact on OEMs may not be indicative

The quantum of penalty imposed on 14 passenger vehicle (PV) firms in the country by Competition Commission of India (CCI) is unlikely to have a significant credit implication on most of the... read more »

Adani to begin coal mine development in Australia

The Australian government in July had cleared the proposed $15 b Carmichael coal mine project of Adani Mining Keen on expanding business, Australian Prime Minister Tony Abott on Friday... read more »

Monetary policy to focus on inflation, liquidity, says Rajan

Wilful defaulter tag a ‘powerful weapon’ for creditors

Reserve Bank of India Governor Raghuram Rajan has said the wilful defaulter tag is a powerful weapon in the hands of banks for resolving bad loans. His comments came days after United Bank of India... read more »