Tata Steel to sell off stake in South Africa iron ore mine to Swiss firm

This amounts to a deal size of about Rs 188 crore. The transaction is expected to be closed in around 12 months. Read more »

Mumbai airport shutdown: 255 flights affected

The primary runway and the secondary runway at the country's second busiest airport were shut down from 1100 hours till 1700 hours. Read more »

BPRL begins supply of crude to BPCL Kochi Refinery

During July 2018, approximately 1 million barrels of BPRL’s share of equity crude oil from the Lower Zakum Concession was lifted by Bharat Oman Refineries... Read more »

ISUZU eyes D-MAX, mu-X to boost export volume

The mu-X is currently produced at the manufacturing facility in Sri City, Tada situated about 100kms from Chennai. Read more »

Johnson and Johnson asked to cut down price of new TB drug

​​ To ensure the drug is accessible to all, MSF called on J&J to issue a non-exclusive license to the Medicines Patent Pool to allow... Read more »

Lakshmi Vilas Bank shortlists five investors to sell stake

The five bidders were shortlisted from as many as 15 investors that have shown initial interest. Read more »

BoB-Dena-Vijaya Merged Bank to get growth capital

In September, the government had proposed a merger of the three banks to create the country’s third biggest lender. Read more »

Hero MotoCorp to expand two-wheeler line-up

Hero MotoCorp believes that the scooter market is witnessing a shift towards products with higher engine capacity. Read more »

Government frees spectrum for wifi, 5G services in 5 Ghz band from licence

Govt has freed a set of spectrum in the 5 Ghz band for providing Wifi and partially 5G services by telcos. Read more »

KKR files bankruptcy plea against dairy firm Kwality

Kwality Ltd in 2016 had announced that it had raised Rs 300 crore from KKR India Financial Services and got additional commitment of Rs 220 crore. Read more »