Expect Cairn-Vedanta merger by this fiscal-end: Anil Agarwal

The merger is now subject to the approval of the jurisdictional High Courts as well as other regulatory approvals. Read more »

Orient Cement front-runner to buy JP Associates stake in Bhillai JV

Bhillai Jaypee Cement operates as a 74:26 JV between Jaiprakash Associates & SAIL and has a capacity of 2.1 million tonnes per annum( mtpa) . Read more »

Future Group launches digital loyalty wallet FuturePay

The wallet will enable customers to shop across Future Group outlets -- Big Bazaar, Ezone and Hometown. Read more »

ICICI Bank acquires 11% stake in ABG Shipyard, all lenders own 49%

After the company failed to repay their dues and infuse capital into the company to sustain its operations, lenders appointed investment banker. Read more »

Wagh Bakri Tea Group to manufacture with solar energy

The Rs. 1,000 crore Wagh Bakri Tea Group is one of the first companies in the packaged tea industry to move towards sustainable energy sources. Read more »

Government sets up expert group to look into Auditing industry

Increasing globalisation, complex regulatory requirements, and expertise in newer areas such as technology and big data have also helped the multinationals. Read more »

UDAY effect likely to improve thermal PLFs, discom efficiency critical for turnaround: ICRA

Slow progress in signing long-term power purchase agreements has led to sizeable thermal capacity remaining exposed to price and volume risks. Read more »

Mines Auction: States to garner revenues of over Rs 35,500 crore

During the first round held in the last financial year, states offered nearly 47 mines bearing minerals such as gold, iron ore, bauxite and limestone. Read more »

India’s FMCG sector to reach $104 bn by 2020: Study

The sector is expected to grow at a compounded annual growth rate (CAGR) of 20.6 per cent, the report said. Read more »

GM India aims to export over 70,000 units this year

Last month, the company shipped 7,661 units of Chevrolet Beat vehicles, its highest ever number, to various markets in Central and South America. Read more »