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Ford India, Unions reach final severance deal for Chennai unit employees

Company will revise final severance pay to 140 days of gross wages per completed year of service, compared with 130 days earlier. A one-time lump sum of Rs 1,50,000 will be paid as well

Shree Renuka Sugars to nearly double ethanol capacity; to invest Rs 700 cr

The 20% ethanol blending target has seen sugar sector majors betting on expanding the ethanol capacity; the sector could see an investment of about Rs 10,000 crore in the years ahead

How India has gone to become the world's second largest shrimp producer

Once dogged by diseases, the shrimp sector saw a turnaround post-2009

Vizhinjam port runs into rough weather amid protests from fisher community

Members of the local community are at loggerheads over the impact of the Adani group's port project

The $1.3 billion Amara Raja Group sets sights on EV batteries now

The $1.3-billion group will be investing around Rs 7,000 crore on lithium-ion, while continuing its focus on traditional lead acid batteries

Rahul Gandhi's Bharat Jodo Yatra is no walk in the park for Congress

In Congress' defence, it said that a total of five routes were considered and this route was selected based on geography, logistics, and security

Kerala in talks with Airtel, Jio to monetise internet firm's assets

Kfon, after three years, may have to raise Rs 250 crore annually to repay its debt and for maintenance and expansion

Tatas to invest $90 bn in India in 5 years; focus on new industries

The investment by the Tata group is a shift in its strategy to focus more in the home markets instead of international markets where the group lost money

Post-IPO, Tamilnad Mercantile Bank to up focus on RAM, go on phygital mode

TMB's IPO was subscribed 2.86 times on the last day of subscription

India warming up to vast potential of crowd-funding for healthcare

Of the 1.3 million active patients in India, around 890,000 have given consent to be up for adoption

Makers of safety-critical parts on capex drive to get set for new rules

Not much gain for seat belts, which are a standard feature in several vehicles; but the airbag rule--as and when it takes effect--will have a multiplier effect on safety-critical components

India-Russia trade hits roadblock as Moscow wants ruble for its exports

Moscow is pushing for ruble payment for crude imports after Russia's energy major Gazprom signed a deal with China to start payments for gas supplies to China in yuan and rubles instead of dollars

Nayara Energy seeks Centre's approval on independent directors' pay

The company said the remuneration proposed to be paid to the independent directors is comparable with the remuneration being paid for similar assignments in the industry

Dhanlaxmi's governance turmoil: A saga of management-shareholder conflicts

The differences between the two are being complicated by an unsolicited bid from a little-known Delhi-based business group

Vehicle sales up 8% in Aug, two-wheelers cause for concern: FADA

Tractor sales decline 32% despite good monsoons; three-wheelers do modestly compared to 2019

Kerala likely to witness all-time high liquor sales this Onam: BevCo

According to the Kerala State Beverages Corporation (BevCo), the first few days of this Onam season have set the tone for record sales

Murugappa enters EV mkt with TI Clean Mobility's Montra e-three-wheeler

Launch is part of the group's strategy to focus aggressively on EVs, with e-3W under the brand Montra Electric, electric tractors under Cellestial Egat, electric HCVs under Rhino 5536 brand

Ford India offers final severance package for Chennai unit employees

It is on average equivalent to 130 days of gross wages per completed year of service, firm says

Chennai factory aims to build 75 Vande Bharat trains in a year: Official

Chennai's Integral Coach Factory sets up target as govt aims to have 475 new such trains by 2024-25

Tamilnad Mercantile settling all disputes, keen on opening branches: CEO

Lender waiting for RBI to ease restrictions, says K V Rama Moorthy about his expansion plans