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Indian Oil in dire need of cash

Indian Oil Corporation (IOC), the country’s largest company with an annual income of over Rs 2,56,164 crore, is facing a major cash crunch. ... | Read..

Sensex gains on strong global cues

Strong global cues and lower crude oil prices today prompted investors to overlook the implications of higher interest r ... | Read..

M&M set to ride a bike

Mahindra and Mahindra, the Rs 13,000-crore automobile and tractor maker, is entering the two-wheeler business. ... | Read..

Banks begin rate hike exercise

A day after the Reserve Bank of India raised the repo rate and the cash reserve ratio, three banks — Punjab National Ban ... | Read..

Input cost hurts Tata Motors

Rising input prices and intensifying competition have taken a toll on Tata Motors, which reported a 30.13 per cent dec ... | Read..

Behuria in New Delhi on Wednesday. Picture by Ramakant Kushwaha

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ITC shows appetite for peer stocks

ITC Ltd — the Rs 21,355.94-crore tobacco-to-hotels conglomerate — is looking to snap up stakes .. | Read..

Spencer’s to shut down 40 stores

Faced with mounting losses, Spencer’s Retail Ltd, the retail arm of RPG Enterprises, may .. | Read..

Berger to up prices

Hit by high raw material costs, Berger Paints will increase its product prices from next month... | Read..

Unitech in ally hunt

Unitech Ltd has appointed Swiss investment banker UBS to look for a foreign strategic partner f.. | Read..

Zinc helps Eveready return to black

Eveready Industries India Ltd has reported a profit after tax of Rs 3.12 crore in the first qua.. | Read..

Srei to take up advisory job

Srei Infrastructure Finance Ltd will venture into project advisory services in the telecom sect.. | Read..

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