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Manufacturing
Setco forms casting JV with Spain's Lingotes Especiales
Mumbai-based Setco Automotive Ltd (Setco) and Spanish firm Lingotes Especiales S.A. (Lingotes) are investing Rs 155 crore ($26 million) to ......
General
PE-backed Magma Fincorp plans to raise more funding
Magma Fincorp Ltd, a non-banking financial company (NBFC) backed by a clutch of private equity funds, is planning to raise ......
General
Mutual Benefit Trusts, Akula cease to be SKS Microfinance promoters
Public-listed micro lender SKS Microfinance Ltd has informed that its founder and former chief Vikram Akula as also a set ......
Manufacturing
Suzlon in $485M cashless bond restructuring
The board of Suzlon Ltd, one of the world’s largest wind turbine makers, has approved a cashless restructuring proposal for ......
General
SC names new chairman to probe black money in tax havens
The Supreme Court of India has reconstituted the Special Investigating Team (SIT) by appointing two former judges -- MB Shah ......
General
India moved past Japan to become third-largest economy in purchasing power: World Bank
India rose through the ranks to become the third-largest economy globally in 2011, edging past Japan in terms of purchasing ......
Consumer
United Spirits names Anand Kripalu as CEO
United Spirits Ltd (USL) has appointed Anand Kripalu, the former head of Cadbury India, as chief executive officer of the ......
General
Manoj Vaish quits as MCX chief after just three months on the job
Manoj Vaish, who was appointed as MD and CEO of Multi Commodity Exchange of India Ltd (MCX) on February 1, ......
Infrastructure
Core sector growth skids to 2.58% in FY14
Eight core industries, including coal, crude oil, natural gas, petroleum products, cement, fertiliser, steel and electricity, which together comprise one-third ......
TMT
India-born Rajeev Suri named Nokia CEO
Finland-based telecommunication gear maker Nokia Corp, which recently sold its mobile unit to software giant Microsoft Corp for about $7.5 ......
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