Fitch: India’s fuel demand to benefit refiners, E&P to stay weak

Fitch also expects gross refining margins (GRM) of all Indian oil refiners to narrow in 2017, while remaining stronger than the historical levels prior to FY16. Read more »

Amtek Auto, 3 units agree to equity infusions by new investors

"The Board of Amtek Auto Ltd, Metalyst Forgings Ltd, ARGL Ltd and Castex Technologies Ltd discussed the proposed investment of equity by overseas investor(s) to take stake in each company." Read more »

Oil cos profitability to remain weak in 2017: Fitch

Stating that it did not expect any major improvement in profitability at Oil India Ltd and upstream operations of Reliance Industries Ltd, it said that most domestic gas fields are likely to... Read more »

Jharkhand close to signing PPAs for 1.1 GW of solar power after delay

Jharkhand recently passed legislation allowing the acquisition of tribal land for public service purposes. This legislation comes as a relief to developers. Read more »

Work Better Training rolls out executive coaching app myCoach

With myCoach, Work Better breaks that stereotype and makes executive coaching available to professionals across different levels in an organization. Read more »

Naveen Patnaik inaugurates Tata Steel’s 55,000 TPA ferro-chrome plant in Gopalpur

T V Narendran, managing director Tata Steel India & S E Asia said, the plant built at a cost of Rs 542 crore, is the... Read more »

American war based ‘Band of Brothers’ to air in India on Dec 3-4

"Band of Brothers" is adapted from the best-selling book of the same name by Stephen E. Ambrose Read more »

Fall in steel demand is a temporary phenomenon: Tata Steel

The industry expects that the steel demand will be 5-6 per cent higher, while production will be 8-10 per cent as imports have come down, Narendran said. Read more »

Delhi Metro wraps up tunneling works of Phase-III

The total underground corridor length, including the stations, will be about 54 kms in Phase III, as against 35 kms in phase II and 13 kms in Phase I. Read more »

Quess buys out Manipal’s facility management & catering business

Quess will invest Rs 220 crore in Manipal Integrated Services (MIS) to develop its facility management and catering business. Read more »