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Talcher plant to be revived by 2019

Talcher plant to be revived by 2019

BHUBANESWAR: The Talcher Fertilizer Plant, which has been closed since 2002, will be revived by 2019 with an investment of Rs 9,000 crore. Union petroleum minister Dharmendra Pradhan and chemical and fertilizer minister Ananth Kumar reviewed the project in New Delhi on Friday. Fertiliser... read more »

Sun Pharma gains on report Form 483 may ...

Sun Pharma gains on report Form 483 may not lead to import alert

Shares of Sun Pharmaceutical Industries on Friday increased 4.3% after a report by brokerage firm Credit Suisse said the company receiving a Form 483 from the US Food and Drug Administration (US FDA) on its Halol facility may not lead to an import alert as the observations raised has “no data... read more »

Activist Investor Buys Stake in Yahoo, U...

Activist Investor Buys Stake in Yahoo, Urges AOL Merger

San Francisco –  Activist investor Starboard Value LP has said it has acquired a “significant” stake in Yahoo Inc and urged the internet company to explore a merger with AOL Inc. Starboard, the second activist investor to target Yahoo in the last three years, also said the... read more »

Why the World Doesn’t Make in India

Why the World Doesn’t Make in India

Indian Prime Minister Narendra Modi’s maiden Independence Day speech was laced with inspiring rhetoric. But of the many things he said, the one slogan that inevitably caught public attention was this: “Come, make in India!” With those words, Modi was trying to make the case for turning India... read more »

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Sensex rallies 225 points in early trade

The benchmark BSE Sensex on Tuesday spurted over 225 points in early trade, led by auto, infra and oil and gas stocks amid expectations of encouraging IIP data for June to be released later... read more »

Court reserves judgement in Satyam case

A local court trying the case of multi-crore accounting fraud in erstwhile Satyam Computer Services Limited (SCSL) reserved its judgement while asking all the accused to appear before it on... read more »

Gold price to remain range-bound

Gold price retreated on Saturday after scaling a monthly high of Rs.28,585 per 10 gram in Mumbai on Friday. The yellow metal reacted on unwinding by stockists by Rs.190 to close the week at... read more »

Ratan Tata moved me to tears: Starbucks CEO

Tatas promise luxury in new airline

Kingfisher Airlines, with the tag line of ‘King of good times’ has nose-dived but there will be another and as-yet-unnamed airline that will unveil its brand identity on Monday... read more »

Promoters pump in Rs.650 crore into RCom

Reliance Communications Ltd. (RCom) said it had received the first instalment of Rs.650 crore from its promoters Telecom Infrastructure Finance Private Ltd., towards preferential allotment of... read more »