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Mahindra Lifespace buys partner in project

The buy out of the stake was estimated to be around Rs 70 crore

BHEL-Trichy Complex to enter new areas including defence

Panel to probe gas leak at Sterlite plant

Tribunal said factory can function only for inspection & should not produce any products

Sterlite losing Rs 50 cr revenue daily due to plant closure

CEO welcomes National Green Tribunal's interim order

IFC to pick up stake in IFMR Trust

Plans to invest around Rs 40 crore in a quasi-equity investment

TVS gears up to rebuild market share

It has tied up with BMW to take on rivals, but the partnership is unlikely to yield results anytime soon

New terminal at Chennai Airport goes on full stream

The take-off of two SpiceJet aircrafts marked the start of regular departure of domestic flights from the new Chennai airport terminal

BHEL Ranipet enters into technology tie-up with Mitsubishi

To enter sewage business with GE

BHEL's Tiruhcy complex to diversify into defence

The Rs 15,000-cr complex, currently manufacture boilers for the power sector, is now planning to enter defence, oil, gas and others

TVS Motor, BMW tie up to tap technology, market access

To develop a series of motorcycles for the 250-500 cc segment

TN doubles funding for new entrepreneurship scheme

To provide capital subsidy of 25% on investments, training and consultancy support

CPCL's Rs 3,350-crore expansion plan gets green nod

The project aims to maximise refinery margins at least by $1 a barrel

NVP, ICICI Venture sells shares in Shriram City Union on BSE

Shriram City Union is the retail finance arm of Rs 60,000-cr Shriram Group

Tirupur exporters heave a sigh of relief with new order flows

The downturn, Rupee rise, increase in input costs, and Madras HC decision to close down the dyeing units have hit the industry

Tirupur Exporters want 3% hike in duty drawback rates

The appeal was made by the Tirupur Exporters Association to the Duty Drawback Committee, which visited Tirupur,

TN, Rajasthan have highest growth potential in auto sector: Assocham

Both the states have registered a high growth in employment generation, per capita income

Rough times for Tuticorin salt units as exports fall

Power shortage and untimely rain in March affect salt production

Next port of call

Industrialisation has changed the lives of the genteel folk of Tuticorin in Tamil Nadu. With the port town ready for more action, a bigger transformation awaits

GAIL's pipeline project halted

Tamil Nadu govt will inform Madras High Court of its decision regarding the pipeline project

Lankan roulette

An international airport, a strategic port, communication satellites, road and railway links - China is spreading its web in the island nation. India has to take decisive steps or else the tide could