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GAIL India moves NCLT to recover Rs 9,942 crore Uttam Galva dues

Dispute arises as resolution professional accepted only Rs 167 crore of claims

Opposition states follow Centre, reduce VAT on petrol and diesel

However, among BJP-ruled states, Gujarat was unlikely to follow suit and reduce VAT on petrol and diesel, said senior officials

'Semiconductor shortage to ease off after 6 months': Dheeraj Hinduja

Executive chairman of Ashok Leyland says commercial vehicles sector will revive and steel prices will soften in some three months.

Non-BJP states hail Supreme Court verdict on GST Council recommendations

Verdict upholds federal rights of states and the people: Kerala FM Balagopal

Stellantis bets big on India market; to launch first EV next year

The global automotive major Stellantis is planning to launch its first electric vehicle in India under the Citroen brand next year.

How Prathap Chandra Reddy propelled Apollo Hospitals into a new orbit

The struggle that he went through in setting up a private health care facility in the India of the 1980s is part of folklore

Star PSU: Bharat Electronics expands global presence to boost exports

BEL has ventured into new businesses such as arms and ammunition, medical electronic devices, and unmanned system platforms, says Anandi Ramalingam

IOB Q4 net up by 58% to Rs 552 cr on lower bad loan provisioning

Operating profit down 8%, asset quality improves with GNPA at 9.82% as against 11.69% a year ago

TVS Motor launches electric scooter with three variants under iQube brand

Vehicles will have a higher range of 140 km on a single charge and intelligent features such as 7-inch TFT touchscreen and clean UI, Alexa skill set, among others

Piyush Goyal meets industry stakeholders amid call for cotton export ban

This comes amid speculation that the government may ban export of both commodities as a temporary measure to calm down the prices

Adani-Holcim deal may trigger consolidation in cement industry: Experts

Expansion plans by most larger players despite glut in markets, fuel price-driven cost pressure and resistance from market to absorb higher cost may force weaker players out

In struggle to get employees back to office; companies tread cautiously

In some small companies and mid-cap IT services, 20-30 per cent of people are already back in office, especially in areas where heavy engineering and design concepts are required

Stalin writes to PM Modi seeking relief for beleaguered textile industry

M K Stalin says several units staring at closure, urges mandatory declaration of cotton and yarn stock, easier cash credit limits for mills to buy cotton

IIT Madras raises all-time high sum of Rs 131 cr from alumni, firms in FY22

Number of firms donating to IIT Madras via CSR route has almost doubled in past five years; account for nearly half the total Rs 131 crore raised last financial year.

Kerala by-election Congress' first popularity test after Udaipur meeting

Though it is considered one of the easier battles by many, a lot is at stake for Rahul Gandhi, AICC General Secretary K C Venugopal, and the state leadership

A turning tide for ICTT following the political turmoil in Sri Lanka

The transshipment port at Kochi sees opportunity in the Sri Lankan crisis to attract more cargo from Colombo

Railways-coal sector rift continues amid ongoing power crisis in India

Daily shortage of 25 rakes from May 1-7, says an insider; Railways refutes charge

Eicher Motors Q4 net profit up 16%, Royal Enfield bikes sales dip

Company had 'stellar performance' in international markets with more than 100% growth, says managing director

Mercedes-Benz logs record sales in India, sees luxury car market reviving

Company says spike in order is driven by the new C-Class model that starts at Rs 55 lakh (ex-showroom).

Ford drops plan to manufacture EVs in India; opts out of PLI scheme

At that time, the company said it was exploring the possibility of using one of its plants in India to produce electric cars for exports