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Infrastructure
FMO to help Fairfax-controlled firm build grain silos with $45 mn funding
FMO, the Netherlands’ development finance company, is planning to invest $45 million (Rs 322 crore) in Fairfax-backed agri-warehousing...
Finance
State-run banks report frauds of over $13 bn in April-September
India’s state-run banks reported fraud worth 957.6 billion rupees ($13.34 billion) in the first six months of the fiscal...
Infrastructure
Rakesh Jhunjhunwala-backed NCC manages debt woes, faces rough ride in Andhra Pradesh
Ever since the new Andhra Pradesh government led by chief minister YS Jaganmohan Reddy took office in May, infrastructure and...
General
Grapevine: EuroKids in talks to buy Kidzee; Indonesian billionaire eyes Videocon
Playschool chain EuroKids is in preliminary talks to acquire the Essel Group-operated Kidzee for between Rs 1,000-Rs 1,200 crore...
Consumer
Company watch: Peepul Capital-owned Unibic boosts sales, struggles with profitability
Unibic Foods India Pvt. Ltd clocked healthy revenue growth for the year ended March 2019 as it expanded its biscuit-making ......
Manufacturing
Tata Steel plans to cut up to 3,000 European jobs
Tata Steel plans to cut up to 3,000 jobs across its European operations, the company said on Monday, as the ......
Insights Focus
Maruti Suzuki MAIL supports innovative startups with futuristic ideas to transform the evolving automobile and mobility space
Innovation is the need of the hour, but open Innovation is what is driving businesses to come up with cutting ......
Consumer
Demand sinks: Q2 sales drop at one in four large Indian consumer-facing companies
The slowdown in Indian consumer demand that was initially rebuffed as a behavioural change by car buyers has spread faster ......
Infrastructure
Govt looks to relax norms to attract global coal miners, industry sceptical
India is looking to lower advance payments and offer larger mining blocks to attract global companies to invest in its ......
Economy
Govt plans strategic stake sales in 28 state-run companies
India’s cabinet has given ‘in-principle’ approval for the sale of strategic stakes in 28 state-run companies...
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