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Talcher plant to be revived by 2019

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 ...

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, U...

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

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 »

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BEST’s power monopoly ends, Tata enters Mumbai

MUMBAI: BEST’s power monopoly finally came to an end on Friday. Tata Power Company (TPC) has now been granted a distribution licence in Mumbai for the next 25 years, and it will now... read more »

Forex reserves fall $643 mn

The country’s foreign exchange reserves fell by $643.3 million for the week ended August 8 to $319.35 billion, shows Reserve Bank of India data released on Friday. Foreign currency... read more »

Delivery, infrastructure key for Jan Dhan Yojana success

The success of the Jan Dhan Yojana announced by Prime Minister Narendra Modi would depend on how fast financial service providers improve their delivery, financial sector executives... read more »

SC gives Subrata Roy 15 more days to finalize hotel deals

NEW DELHI: Jailed Sahara chief Subrata Roy on Thursday told the Supreme Court that he has finalized deal for sale of three hotels in London and New York.Roy told the apex court that he has... read more »

ONGC Completes Drilling of Six Exploratory Wells

Vadodara: ONGC has completed drilling of six exploratory wells so far, out of its target of 36 for this year, a top executive said on Thursday. “We have a target of 36 exploratory wells this... read more »