Talcher plant to be revived by 2019
BHUBANESWAR: The Talcher Fertilizer Plant, which has been closed since 2002, will be revived by 2019 with an investment of Rs 9,000 crore. Union petroleum minister Dharmendra Pradhan and chemical and fertilizer minister Ananth Kumar reviewed the project in New Delhi on Friday. Fertiliser... read more »
Sun Pharma gains on report Form 483 may not lead to import alert
Shares of Sun Pharmaceutical Industries on Friday increased 4.3% after a report by brokerage firm Credit Suisse said the company receiving a Form 483 from the US Food and Drug Administration (US FDA) on its Halol facility may not lead to an import alert as the observations raised has “no data... read more »
Activist Investor Buys Stake in Yahoo, Urges AOL Merger
San Francisco – Activist investor Starboard Value LP has said it has acquired a “significant” stake in Yahoo Inc and urged the internet company to explore a merger with AOL Inc. Starboard, the second activist investor to target Yahoo in the last three years, also said the... read more »
Why the World Doesn’t Make in India
Indian Prime Minister Narendra Modi’s maiden Independence Day speech was laced with inspiring rhetoric. But of the many things he said, the one slogan that inevitably caught public attention was this: “Come, make in India!” With those words, Modi was trying to make the case for turning India... read more »