And then there were none. General Electric, the last original member of the Dow Jones industrial average, was dropped from the blue-chip index late Tuesday and replaced by the Walgreens Boots Alliance drugstore chain.
Nearly a month after the police firing on anti-Sterlite protesters left 13 people dead, the copper plant’s parent firm, Vedanta Limited, has moved the Madras high court for restoration of power and permission to access the plant for carrying out maintenance work.
Vedanta Cairn Oil & Gas Chief Executive Officer (CEO) Sudhir Mathur has said sanctity of contracts is a fundamental requirement for businesses to invest. The company had taken the government to court over extension of contract for its flagship Rajasthan block.
Reliance Energy has shut down power supply of 3,250 consumers of Siddharth colony slum in Chembur. The power cut continues for an hour now, and there is no untoward incident so far although residents have come out to discuss about the issue.
The board of ICICI Bank Ltd is meeting on Monday to decide on the future of chief executive officer Chanda Kochhar, said people familiar with the matter.
The opening up of private investment in general-purpose wagons (GPWS) by the railways has invoked interest from at least eight big companies. These are from cement, steel, iron ore and aluminium sectors.
Solar glass manufacturer Gujarat Borosil plans to invest around Rs 435 crore to more than double its manufacturing capacity of tempered solar glass facility by fiscal 2020.
Nava Bharat Energy India Ltd, a wholly-owned subsidiary of Nava Bharat Ventures Ltd, has scheduled a capital overhaul for the turbine and boiler of its 150MW power plant at Paloncha in Telangana.
Even as the specialty glass-maker Gujarat Borosil Ltd aims to double its capacity at Bharuch, the country’s only producer of solar glass, has raised concerns about an ‘unfair’ competition with the subsidised imports.
Arihant Capital has given a “3.5 star” rating to the RITES IPO, which opens on June 20 in the price band of Rs 180-185 per equity share. RITES, a Government of India Enterprise, was established in 1974, under the aegis of Indian Railways. RITES is incorporated in India as a Public Limited Company under the […]