02:17 PM
India's biggest iron ore miner, NMDC Ltd, is scouting for mineral assets in Brazil, Mozambique, Russia, the United States and South Africa, it said in a statement.
01:20 PM
Country's largest lender State Bank of India has decided to waive guarantees and annual service fees on loans given to small and medium businesses, guaranteed under the Credit Guarantee Fund Trust scheme.
01:09 PM
Public sector lender Central Bank of India may go in for restructuring of some of its loans given to power companies in the current quarter.
01:05 PM
Trailer axles manufacturer York Transport Equipment India, a part of the Tata Group, is aiming 30% revenue growth this fiscal on the back of growth in the industrial sector.
11:42 AM
Amid costly Indonesian coal putting a question mark over the viability of many power projects, Tata Power has said the flagship 4,000-MW Mundra UMPP could become a "non-performing asset" if no decision is taken on increasing tariffs for
11:28 AM
While the government has sent RIL's $0.135 marketing margin on the sale of KG-D6 gas to the oil regulator for approval, the Mukesh Ambani-led company has proposed to charge a $0.15 levy in lieu of marketing costs on the sale of gas produced from coal
11:01 AM
Amid severe fuel shortages, the Coal Ministry has sought central assistance of Rs 544 crore to augment output in FY13 and said the three PSUs under its control have proposed investments worth Rs 14,683 crore to enhance production and make acquisitions
10:58 AM
Singapore-based Indorama Corporation plans to invest up to Rs 1,000 crore within three years in India to set up three manufacturing facilities to produce spandex fibre, used in various applications like stretch denims and sportswear.
10:50 AM
Auto component-maker Sona Koyo Steering Systems is diversifying into supply of parts for off-road vehicles and is currently testing its products with a US-based firm with a view to start exports from early next fiscal.
10:48 AM
Multi-brand car service chain Carnation Auto, promoted by former Maruti Suzuki India chief Jagdish Khattar, is gearing up for an aggressive foray into the used-car market, with plans to open over 160 outlets across the country in the next three years.
10:37 AM
Led by IT bellwether TCS, eight of the country's top ten valued companies added Rs 39,894.58 crore to their combined market capitalisation (mcap) in a strong market the last week.
10:06 AM
Bhushan Steel has put its proposed Rs 20,000 crore steel plant in West Bengal on hold, stonewalled by the Mamata Banerjee government's policy of not acquiring land for industry, a senior company official said.
12:40 AM
Mark Zuckerberg may sell about $1.67 billion of Facebook Inc stock in the company’s initial public offering to pay off taxes he will owe when he exercises options to buy 120 million shares.
12:38 AM
Facebook Inc, the social-networking company that’s preparing for an initial public offering, had a valuation of at least $94 billion yesterday in an auction of its shares on the private market.
12:34 AM
Piramal Healthcare on Saturday bought an additional 5.5 per cent stake in Vodafone India for Rs 3,007 crore, taking its holding in the company to 11 per cent.
12:20 AM
Twitter Inc said it planned to hire Shailesh Rao, who had been leading Google Inc's display-advertising sales in Asia.
12:20 AM
India’s largest low-cost carrier, IndiGo, plans to dedicate 18 per cent of its total capacity to the international sector.
12:06 AM
Ferns N Petals (FNP), the flower retail chain, is planning to sell some of its equity to a foreign company.