Commodities
Manufacturing
BP sells 11.5% stake in Castrol India for $308 mn
British energy giant BP Plc's wholly owned unit Castrol Ltd on Thursday sold an 11.5% stake in its Indian lubricants ......
Manufacturing
Tata Steel drops plan to merge two subsidiaries with itself
Tata Steel Ltd has decided to drop its plan to merge subsidiaries Tata Metaliks Ltd and Tata Metaliks DI Pipes ......
Manufacturing
Railways to appoint senior officials as key customer managers
As part of the exercise undertaken by the Indian Railways to improve freight revenue, key customer managers will shortly be ......
Manufacturing
Govt notifies draft rules for transfer of mines, seeks comments till 25 May
The government on Wednesday notified draft rules for transfer of captive mine leases in the event of ownership changing hands.According ......
Manufacturing
India misses mineral drilling targets for FY16
Despite efforts to increase the country’s mineral production, India has failed to achieve mineral exploration targets for financial year 2015-16 ......
Manufacturing
Railways to charge uniform freight charges for domestic iron ore consumption and exports
In an attempt to boost iron ore exports, the Indian Railways has decided to withdraw the dual freight policy for ......
Manufacturing
India's mineral production up 9% for FY16, value down by 11%
Despite the rout in commodity prices globally, India’s mineral production for financial year 2015-16 increased by 9% to 495 million ......
Manufacturing
7 bids for Tata Steel's UK business proceed to the next stage
Looking to offload its loss-making UK business, Tata Steel Europe on Monday said that it has considered seven expressions of ......
Manufacturing
Fitch withdraws ratings coverage for SAIL
Fitch Ratings on Friday withdrew its rating for state-run Steel Authority of India Ltd (SAIL) and will no longer provide ......
Manufacturing
Mangalore Chemicals' investments in UB Group firms under scanner
In fresh troubles for embattled businessman Vijay Mallya, a forensic audit has found possible 'irregularities and mismanagement' in advances and ......
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