Pipe maker PSL Ltd stands accused of siphoning off Rs 700 crore from a dedicated account linked to GAIL projects, payments for which due to the lender. Read more »

Private banks such as IndusInd, IDFC and RBL are increasing their exposure to the bottom of the pyramid customers while industrial credit demand is yet to show momentum. Read more »

The mill will be capable of producing steel of tensile strength as high as 12,000 MPa (mega pascal) and plates of 18-70 metre wide and up to 3 mm in thickness. Read more »

The Odisha cabinet has approved a proposal by Tata Steel for utilising 1,735 acres of land for developing a private industrial park at Gopalpur in Ganjam district. Read more »

Budget carrier IndiGo today announced the launch of direct flights from Lucknow to Goa and Pune from July onwards. Read more »

The company had entered a period of slump when its coal blocks were cancelled and when demand for steel went down. Read more »

In January last year, the hotel was e-auctioned, fetching Rs 45.5 lakh per month as licence fee. However, the bidder later refused to take the property. Read more »

During the meeting association of power producers (APP) and independent power producers association of India (IPPAI) were present and made their submission. Read more »

Stronger players are already making efforts to consolidate their position in India and new players from other sectors are also entering the fray. Read more »