Industries

Press Trust of India | Last Updated: March 11, 2016 17:13 (IST)

CAG has rapped the Telecom Regulatory Authority of India (Trai) for setting up regional offices by ignoring directions of the central government, which incurred an expenditure of Rs 14.12 crore till March 2014.

Thomson Reuters | Last Updated: March 11, 2016 08:39 (IST)

Colgate, had earlier said it expected to complete the programme this year and cut about 2,700 to 3,200 positions.

Thomson Reuters | Last Updated: March 10, 2016 23:08 (IST)

Indian companies plan to sign energy deals with Russian oil major Rosneft next week to buy stakes in Siberian fields, two sources privy to the deal said, as New Delhi accelerates a push to secure overseas energy assets.

Thomson Reuters | Last Updated: March 10, 2016 21:17 (IST)

Gold rebounded by 1 per cent on Thursday as the euro bounced back from a six-week low against the dollar after European Central Bank (ECB) chief Mario Draghi indicated that further interest rate cuts in the Eurozone are unlikely.

Press Trust of India | Last Updated: March 10, 2016 20:36 (IST)

In a bid to avoid "likely" short and medium term "cash flow mis-matches", Jindal Steel and Power (JSPL) on Thursday said it is exploring various options with lenders to reschedule payments.

Thomson Reuters | Last Updated: March 10, 2016 20:28 (IST)

Oil prices fell on Thursday, after hitting three-month highs this week, with analysts warning that larger gains would be unwarranted as refineries enter seasonal maintenance and a global glut weighs.

Press Trust of India | Last Updated: March 10, 2016 20:10 (IST)

Specialty chemicals firm Clariant India on Thursday announced expansion of its personal care portfolio within the industrial & consumer specialties (ICS) unit.

Press Trust of India | Last Updated: March 10, 2016 17:48 (IST)

Mumbai and Bangalore are among the cheapest cities in the world, according to a top London-based forecast group that named Singapore as the most expensive city.

Press Trust of India | Last Updated: March 10, 2016 14:28 (IST)

A strike by bullion traders over the imposition of 1 per cent excise duty on non-silver jewellery entered its ninth day on Thursday.

Press Trust of India | Last Updated: March 10, 2016 09:53 (IST)

The Agriculture Ministry has fixed the BT cotton seed price at Rs 800 per packet of 450 gram, including the trait value of Rs 49 per packet.

Press Trust of India | Last Updated: March 10, 2016 09:48 (IST)

FMCG major HUL on Wednesday said it has entered into a settlement with ex-employees who were allegedly exposed to toxic mercury vapour at its former thermometer factory in Kodaikanal.

Thomson Reuters | Last Updated: March 09, 2016 21:40 (IST)

The government cut the royalties paid by local firms for Monsanto's genetically modified cotton seeds by nearly 70 per cent on Wednesday, ignoring a threat by the world's biggest seed company to leave if it did.

Press Trust of India | Last Updated: March 09, 2016 21:25 (IST)

India's jewellery sector is estimated to have incurred a revenue loss of over Rs 60,000 crore due to an ongoing indefinite strike that entered the ninth day on Wednesday, according to an industry body.

Thomson Reuters | Last Updated: March 09, 2016 19:24 (IST)

Bharat Petroleum Corp Ltd (BPCL) is seeking 35,000 tonnes of Euro 4 diesel in a rare move to fill a supply void, traders said on Wednesday.

Thomson Reuters | Last Updated: March 09, 2016 18:27 (IST)

Oil prices broke above $40 per barrel on Wednesday, driven by anticipation that the world's largest exporters may agree as soon as this month to freeze output, which could accelerate a decline in the largest global build in unwanted crude in years.

Press Trust of India | Last Updated: March 09, 2016 17:55 (IST)

Start-ups have been exempted from nine labour laws for a period of three years to promote and incentivise the entrepreneurial ecosystem in the country, Labour Minister Bandaru Dattatreya said on Wednesday.

Press Trust of India | Last Updated: March 09, 2016 16:06 (IST)

Stressing that the government is committed towards reforming the subsidy structure, Petroleum Minister Dharmendra Pradhan on Wednesday said 83 lakh people have voluntarily given up their LPG subsidy so far.

Press Trust of India | Last Updated: March 09, 2016 13:36 (IST)

In a boost to Anil Ambani-led Reliance Group, DIPP has approved 12 industrial licences to Reliance Defence, an arm of Reliance Infrastructure, for manufacturing of a wide range of defence equipment.

Press Trust of India | Last Updated: March 09, 2016 11:09 (IST)

Telecom operators have also cited difficulty in getting permissions to dig roads for laying optical fibre (right of way) and local authorities' arbitrary orders to shut downmobile towers which is leading to call drops.

Press Trust of India | Last Updated: March 09, 2016 10:12 (IST)

As many as 22 mining projects of state-owned Coal India have received green clearance this fiscal.