Page 55 - Ishita Ayan Dutt

Is sheer size the biggest hurdle in the NCLT route for McLeod Russel?

Viability of the tea industry is another factor that is holding back companies from bidding for India's largest tea company

There is scope for increase in steel prices: Seshagiri Rao, JSW Steel

"We would primarily want demand to be stimulated by way of increased outlays on infrastructure"

Steel, iron ore companies likely to add 13 mt of capacity by FY22

While 13 mt is likely to be the addition in the next two years, by FY25, the ministry is expecting 28-30 mt from the current planned capacity expansions of existing players

ArcelorMittal and Nippon Steel complete acquisition of Essar Steel

ArcelorMittal announced that Aditya Mittal, president and CFO of ArcelorMittal, had been appointed chairman of AM/NS India and Dilip Oommen, the CEO

Essar Steel lenders may get more than Rs 42,000 cr from resolution process

Lenders and ArcelorMittal have mutually agreed to appoint Grant Thorton for an audit of Essar's Ebitda

Govt must consider creating, leveraging Brand North East: World Bank report

The report called for reorienting northeast region's supply base to serve the changing global demand

Eveready profit before tax drops 35.65% to Rs 20.79 crore in Sept quarter

Net profit dropped 27 per cent to Rs 18.11 crore

Steel industry seeks booster for demand revival amid economic slowdown

Against this backdrop, says the industry, the corporate tax cut announced by the central government is not going to change much for now

Trincas: 60 years of bringing music to Kolkata, night after night

For 60 years Trincas has been bringing music to Kolkata, night after night. Ishita Ayan Dutt on the iconic restaurant and its star, Usha Uthup

Mega merger of PSBs: What happens to their names, logo and identity?

Among other committees formed by banks to implement the merger is a committee on branding, which will look into the issue of logo and name of the bank, said the head of a PSB

Eveready's plan to sell battery business to pare debt tied in legal knots

Battery division sell-off may be delayed

Prashant Jhawar resigns as non-executive director of Usha Martin

Alleges several illegalities and non-compliance of the provisions of law by the directors and management in running the company

JSW Steel files appeal against NCLT order on Bhushan Power resolution plan

Firm seeks immunity from criminal proceedings in ongoing fraud probe against Bhushan Power & Steel, after NCLT disposed of various reliefs sought by JSW from statutory authorities

ITC standing out in a cluttered FMCG market with focus on quality

ITC has made steady progress in the FMCG space with relentless focus on quality and product differentiation

Industry spreads globally have shrunk in recent months: Tata Steel CFO

'Steel is a foundation industry for any nation', says Koushik Chatterjee

Sluggish market may delay Posco decision on investing in India steel plant

India will be adding 20 mt of annual capacity in the next five years

Nithia Capital identifies Indian stressed steel assets for acquisition

While Nithia has zeroed in on about 15 assets, only some are expected to materialise

ED attaches Usha Martin assets worth Rs 190 cr over illegal iron ore sales

Mineral sold was meant for firm's captive use; attached properties pertain to Usha Martin's wire rope business, mines were transferred earlier to Tata Steel as part of steel biz sold

After a lull, Birla Corp's Harsh Vardhan Lodha is back in the limelight

Latest in the series is court-appointed committee's decision to not support resolution seeking reappointment of Lodha as a director on the board of 2 group entities, Vindhya Telelinks and Birla Cable

EIH cites general slowdown, drop in airline catering for dismal Q1 show

The firm, which owns the Oberoi chain of hotels, posted a pre-tax loss of Rs 11 crore compared to Rs 16 crore profit a year ago