India Business

India Business

Corus to start Teesside plant closure today

STEELMAKER Corus will begin the partial mothball of a plant on Teesside today, a move that may signal the beginning of the end for steelmaking...

Private equity pours money into India healthcare

  PRIVATE equity funds quadrupled their investment in India’s primary healthcare, betting the sick and ailing will stop seeing family doctors in often cramped and...

Shares plunge in India’s ailing Kingfisher airline

SHARES in India’s Kingfisher Airlines plunged today as company executives met with regulators over mass flight cancellations caused by tax officials freezing the cash-strapped...

Tata Steel posts quarterly net loss

INDIA’S Tata Steel, the world’s eighth-largest steelmaker, on Friday (November 9) swung into a surprise quarterly net loss from profit a year earlier, due...

Normalisation of ties with India necessary for Pakistan: Expert

PAKISTAN must ensure few things, including normalisation of ties with India, rebalancing civil- military relationship and reviving the economy, before it can be safely...

Vistara to launch daily Delhi-Pune flight from April

TATA-SIA joint venture airline Vistara on Friday (March 13) said it will launch a daily flight on the Delhi-Pune route from next month, which...

SBI, ICICI Bank reduce lending rates

A representative picture   India's two top lenders, State Bank of India (SBI) and ICICI Bank, have announced a cut of 0.15 per cent and 0.10...

India’s real-time power market expected to start from June 1

Real-time power market is expected to start from June 1 without any bearing of COVID-19 on it, an official of the Indian Energy Exchange (IEX)...

India mulls pay-backs to protect investors burnt by IPOs

INDIA’S stock market regulator is considering a plan that would see small investors reimbursed if they lose money buying newly issued shares in a...

Mukesh Ambani pledges to renegotiate gas deal

INDIAN tycoon Mukesh Ambani will abide by a court ruling ordering him to renegotiate a deal sharing the family’s gas wealth, his firm said...