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Steps to tap more NRI money

The government will now consider investments of non-resident Indians (NRIs) in the shares of listed companies with their rupee funds as domestic investments.   | Read..
 

Focus on fertiliser

A new ammonia-urea complex will be set up at Namrup in Assam by Brahmaputra Valley Fertilizer Corporation under the public-private-partnership route, while the Sindri unit...   | Read..
 

CESC profit absorbs coal levy shock

Power utility CESC today reported a net profit of Rs 199 crore for the year ended March 31 but only after resorting to a clever accounting trick to blunt the impact of a Rs...   | Read..
 

Pravin Rao tops pay chart at Infosys

Infosys chief operating officer U. B. Pravin Rao has emerged as the highest paid executive at the country's second-largest IT services company during 2014-15 with a total...   | Read..
 

Reliance to give up two more blocks

Reliance Industries and its partner BP plc have surrendered two more oil and gas blocks, reducing their tally to four exploration acreages from 21 they held four years back.   | Read..
 

SpiceJet rejigs board

Low-cost carrier SpiceJet's board was recast today, with founder Ajay Singh taking over as chairman-cum-managing director. The board also voted to increase the fleet size...   | Read..
 

M&M stake in unit of Mitsubishi

Mahindras today acquired a 33 per cent stake in the farm machinery arm of Mitsubishi Heavy Industries for $25 million and will look to jointly develop products for the...   | Read..
 

SBI inks twin pacts

The State Bank of India today signed agreements with Snapdeal and PayPal, its third e-commerce deal in two days following the one with Amazon on Wednesday.   | Read..
 

Strides in Rs 1900cr Aussie buy

Bangalore-based Strides Arcolab is acquiring Aspen Pharmacare Holdings' generic pharmaceutical business and some branded products in Australia for around Rs 1,910 crore.   | Read..
 

Fillip for Haldia cargo

The Calcutta Port Trust (CPT) has moved a step closer to operationalising the two berths vacated by Haldia Bulk Terminal (HBT) two-and-a-half years ago after E.C. Bose...   | Read..
 
CESC profit absorbs coal levy shock
 


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