Sumeet Narang of Samara Capital nominated to GCPL board

Narang’s appointment will enable GCPL to leverage his significant expertise and perspectives to guide GCPL’s growth strategy, the company said in the release. Read more »

Cement Manufacturers’ Association, trade unions reach new wage pact

The present MOU is for a duration of four years from April 1, 2018 to March 1, 2022. It provides for an increase of Rs 5,000 per month in the Gross Pay... Read more »

Pencil makers are optimistic, not threatened by industry inventions

When we shaped our handwriting as children, laboriously forming alphabets with sharpened wooden pencils, little did we think of the families that own the manufacturing business. Read more »

Cellphone retailers push for implementation of e-commerce policy

AIMRA has said that nearly two lakh retailers have been adversely affected by e-commerce practices in past few years. Read more »

Vedanta to invest Rs 8,500 crore in South Africa for mining business expansion

Vedanta is currently undertaking feasibility study to build a greenfield, state-of-the-art smelter and refinery as part of the Gamsberg project. Read more »

11 return flights serving food stocked from India; will save Rs 49 crore annually: Air India official

Air India has started serving food stocked from India on 11 return flights from eight foreign cities, and it plans to save around Rs 49 crore annually through this measure, a senior... Read more »

One year of Nirav Modi fraud: PNB responds with more checks and audit controls

The change PNB's system began as 'Mission Parivartan', with a specific aim to tighten the audit controls. Read more »

Shoppers Stop seeking more clarity on FDI guidelines

The US firm has already opened six Amazon Experience Centres or kiosks, which showcase its exclusive products, within Shoppers Stop outlets. Read more »

Railways may set up cyber crime cell to prevent misuse of ticket-booking software

The Indian Railways may soon set up a cyber crime cell to prevent the misuse of the automation software on its ticket booking website, sources said on Monday. Read more »

HPCL’s Barmer refinery achieves financial closure

HPCL signed a debt syndication agreement with the consortium of nine lenders led by State Bank of India, a company statement said. Read more »