Business

Business

Green laws violations to ‘stop Vedanta refinery expansion’

INDIA has decided to halt Vedanta Resources’ plans to expand its alumina refinery in Orissa, newspapers reported today, after the environment ministry found “serious...

Tata Steel to shut UK operations employing 400 staff

Tata Steel is to shut a plant in Wales but has agreed to safeguard jobs elsewhere, the Indian giant announced Monday, as it restructures...

India’s Infosys in US business visa probe

INDIAN software giant Infosys Technologies on Wednesday (May 25) said it will “co-operate fully” with a probe by US authorities into allegations it violated...

India July inflation eases but rate hike likely

INDIA`S annual inflation slowed in July but remained near double digits making further interest rate hikes likely despite global economic uncertainty, economists said on...

Tata Motors ‘may let others to assemble Nano’

TATA Motors, India’s largest vehicles maker, may allow local car assemblers to put together its Nano and sell it under their own brand, the...

UK inflation unexpectedly holds at one-year low despite oil price rise

British consumer price inflation unexpectedly held at a one-year low last month, though rising oil prices suggest an increase could be on its way,...

Indian drugs group eyes $5bn Swedish deal: Report

      INDIAN group Sun Pharmaceutical Industries is in talks to buy leading Swedish drugmaker Meda AB in what could result in a $5bn (£3bn) takeover,...

Cadbury India being investigated for excise duty evasion

CONFECTIONARY firm Cadbury India Limited has come under the scanner of financial intelligence sleuths for alleged excise duty evasion of about Rs 100 crore...

Fall in JLR sales hits Tata Motors

INDIA’S Tata Motors said on Monday (October 15) that sales of its British luxury brands Jaguar and Land Rover declined in September - their...

Mauritius eyes Africa as pressure mounts on offshore business

MAURITIUS beats Singapore as the world's top route for foreign investment to India and is a hub for thousands of firms managing half a...