Kolkata, (IANS) : Tata Steel on Monday reported a 10-fold jump in its net loss to Rs 3,183 crore in the quarter ended June 30, as compared to a net loss of Rs 317 crore in the corresponding quarter last year. "Loss from discountinued operations of Rs 3,296 crore was...
Mumbai, (IANS) : Tata Power's wholly-owned subsidiary Tata Power International Pvt Ltd and ICICI Venture on Friday announced creation of a platform company to invest in power projects in India in the coming two-three years. "The platform targets acquisition of...
New Delhi, (IANS) : To push India into top five pharmaceutical innovation hubs by 2020, the government is preparing for multi-billion dollar investment with 50 per cent public funding through its Public Private Partnership (PPP) model to enhance innovation capability,...
Kolkata, (IANS) : Coal mining behemoth Coal India Ltd (CIL) will invest Rs 7,765 crore as capital expenditure and Rs 5,069 crore in various other projects in 2016-17, its annual report released on Friday said. "The capital expenditure for the year 2016-17 has been set...
Kolkata, (IANS) : Tata Sons' Chairman Cyrus P. Mistry on Wednesday said the Tata Group is looking for investment opportunity in West Bengal. "We look for the opportunity to invest in Bengal. When the opportunity does come, we look at that actively," Mistry said. Asked...
Mumbai, (IANS) : Not considered a good sign by investors, the pledging of shares by promoters of the 1,517 NSE-listed companies has risen to a seven-year high at Rs 2.08 lakh crore with companies like TCS and Cairn India leading the way, says a report by PRIME...
Dehradun, (IANS) : State-run explorer Oil and Natural Gas Corp (ONGC) and its partners will invest Rs 823 crore to produce coal-bed methane (CBM) gas from Bokaro, Jharkhand, ONGC Chairman Dinesh K. Sarraf said on Sunday. "Investment decisions have been taken by ONGC...
Mumbai, (IANS) : Essar Oil said on Sunday it is investing Rs 1,600 crore in upgrading 20 million tonnes per annum (mtpa) Vadinar refinery in view of the surging demand for petro products over the medium and long term. "Essar Oil's Vadinar refinery is looking at...
Kolkata, (IANS) : B.K. Birla group company Kesoram Industries is planning to invest Rs 600 crore -- Rs 350 crore in the tyre business and Rs 250 crore in the cement business -- as capital expenditure in the current fiscal, a top company official said on Thursday. "We...
By R.M.Basha