Page 56 - Ishita Ayan Dutt/undefined

Tata Steel looks to ride India's electric vehicle wave with charging infra

While Indian Oil Corporation has partnered clean energy firm Fortum India for EV charging stations, Hindustan Petroleum is setting up charging stations with Tata Power

Kesoram eyes tie-up with global tyre firm, plans to hive off business

While Kesoram is eyeing a partnership for the tyre business, it is also working on scaling up the business

Lenders wary of using IBC for debt resolution over creditors' parity

Secured financial creditors will now get the same - 60.7% of the total amount

Sanjiv Puri bats for employee stock option scheme, calls it best option

Puri said, historically, the impact of ESOPS had been to the tune of Rs 300-400 crore

ITC believes in creating 'value out of diversity': Puri rules out demerger

Puri said some slowdown was seen in consumption towards the second half of last financial year and it still continues

YES Bank acquires 9.47% stake in Eveready by invoking pledged shares

YES Bank acquires 68,80,149 shares having a nominal value of Rs 5 per share constituting.

B K Birla, Karmayogi industrialist who lived a Gandhian life

Basant Kumar would make it to office by 8:45 a.m. every single day till his mid-90s, even when all he wanted was to focus on his hobbies, the Birla Academy and the Sangeet Kala Mandir

Tata Steel Europe says Henrik Adam to replace Hans Fischer as CEO

Hans Fischer to retire as CEO. Leadership changes come after Tata Steel's plans of a joint venture with Thyssenkrupp collapsed.

Electrosteel in expansion mode, eyes 10 mt capacity in 5-6 years

Electrosteel had a planned capacity of 2.5 mt, but the commissioned capacity was 1.5 mt

Tata Steel eyes 10% of its revenues from non-steel segment by 2025

Materials such as fibre-reinforced polymer, graphene and ceramics to make up 10% of the company's revenues by 2025

Bengal IT, ITeS Employees submit application to form trade union

It is estimated by FITE that West Bengal has 150,000-200,000 employees in the IT and ITeS sector

Icra downgrades McLeod Russel India, stock closes at a 52-week low

In a bid to pare debt, McLeod had sold 12 estates in Assam and signed agreements to sell more gardens in Assam, Dooars and Africa

ITC chairman Sanjiv Puri's remuneration rises 52% to Rs 6.16 crore

Sanjiv took over as the company's leader in after the death of Y C Deveshwar, ITC's legendary chairman.

I don't regret getting into telecom business: Kumar Mangalam Birla

Birla said at the time he entered the business, it was a great one

With ITC's luxury hotel Royal Bengal launch, Kolkata has room for more

A 16,400 square feet pillarless ballroom, 61,000 square feet of total banquet and convention centre, 456 keys and five culinary brands are what ITC is offering as 'one of a kind' from the Royal Bengal

Mamata showcases hotels, industry to bolster her claim of 'peaceful Bengal'

The Centre has blamed the Banerjee government over failure on the part of the law enforcement machinery of the state in maintaining the rule of law and inspiring confidence among people

Tata Chemicals deal to solve major issues faced by TGBL: Chandrasekaran

According to Chandrasekaran, TGBL is currently faced with three core problems that the merger - likely to be in place in another 12-18 months - will address

For India Inc, 30-day grace after loan default comes as a major relief

On February 12, 2018, the RBI had issued a circular under which banks were asked to initiate resolution or restructuring of loans of Rs 2,000 crore or more if there was a single day of default

Essar Steel sets target of 7.43 mn tonnes crude steel production in FY20

The firm registered a revenue growth of 8.5 per cent at Rs 5,545 crore as against Rs 5,106 crore in the same period last year

Weak demand may force steel mills to offer discounts in the short-term

Demand growth had moderated to 6.4 per cent in April 2019 and ICRA said it was likely to remain lower than the FY19 Q1