The company reported a 13 per cent decline in sales in the March quarter at 1,97,567 units. …
Oil prices jumped by 2% on Friday after Iranian news agencies said a state-owned oil tanker was struck by two missiles in the Red Sea near Saudi Arabia, raising the prospect of supply disruptions from a crucial producing region.
In a remote village in Bihar, a hybrid generator that uses diesel and solar panels is helping residents access power whenever there is no supply from the grid. At the heart of the unit — which helps light up a few dozen homes
With uncertainty looming large over the early reopening of Sterlite Copper’s smelter plant at Tuticorin in Tamil Nadu, coupled with increasing demand for the commodity from various sectors, India will continue being a net importer of refined copper during current fiscal of FY20.
The period from 2015 to 2019 will likely be the hottest five-year period on record since 1850, according to report released ahead of the United Nations Climate Action Summit to be held in New York on Monday.
BHEL Net Profit up by 51%; 100% Dividend Declared Renewed Thrust on Diversification to Drive Next Wave of Growth
Amidst the continued challenging business environment, Bharat Heavy Electricals Limited (BHEL) has registered profitable growth in fiscal 2018-19, while continuing to contribute in nation building endeavours. This was stated by
Rise In Import Of Refined Copper Due To Closure Of Stertlite Plant Cost India $2.5 Billion, Says IFC Report
A report titled ‘Economic and Social Impact of Vedanta’ published by the Institute for Competitiveness (IFC) has estimated that the closure of Sterlite’s Copper unit in Tuticorin, Tamil Nadu may have cost India around $2.5 billion in the form of increased import of refined copper, reports Money Control.
The National Company Law Appellate Tribunal will hear the plea of JSW Steel, which has emerged as the highest bidder for Bhushan Power & Steel Ltd, seeking immunity from the ongoing cases of money laundering against the latter on October 14.
After braving tough legal challenges to emerge as the successful resolution applicant for Essar Steel, the worlds largest steel maker ArcelorMittal might now face a tough challenge to go ahead with the buyout of a fully integrated steel facility in India amidst falling steel power and bleak outlook for the sector.
JSW Steel Ltd will take over Bhushan Power & Steel from Sanjay Singal after the National Company Law Tribunal (NCLT) on Thursday approved its bid of Rs 19,700 crore. Bhushan Power was taken to NCLT on RBI direction after it defaulted on loans of Rs 47,000 crore to 33 banks.