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Salcomp to buy Nokia's Chennai unit for Rs 215 crore: Ravi Shankar Prasad

The unit will be re-opened nearly six years after Nokia's plant shut down due to a tax dispute

Uber is navigating its way through Delhi smog, launches new campaign

Pollution in the Capital is churning the conversation mills globally, the American ride-hailing and sharing service pitches in

Merger and acquisition deals drop by 45% in value terms in October

M&A activity in October 2019 witnessed a decline compared to same month last year primarily due to low activity in the domestic deal trends

Coffee plantations suffer a crop loss of 33% in Karnataka, Kerala

Karnataka suffered a crop loss in around 97,365 hectares out of the total bearing area of 2,26,244 hectares of coffee and spices plantations

Auto brands drive around digital speed breakers to plug friction gaps

With friction leading to 26% dropouts for 4-wheelers and 34% for 2-wheelers, companies such as Maruti, Hyundai look at ways to plug the gaps

India's paper imports up 30% in April-September 2019 at $706 million

Data shows during April to September 2019, imports rose to $706 million from $602 million during same period a year ago

PE/VC firms invested over $2 bn in NBFCs, despite IL&FS crisis of 2018

According to Venture Intelligence data, this year's total come from 33 deals; there were 37 in 2018

NBFC sector moves to get over IL&FS crisis, PE/VC investments up 42%

One of the active investors in the sector is International Finance Corporation, the World Bank's investment arm

CSB Bank announces launch of Rs 410-crore IPO, price band at Rs 193-195

The leading managers for the issue are Axis Capital and IIFL Securities

Will invest $2-3 billion a year in India, says IFC country head Zhang

Jun Zhang speaks to Business Standard on how IFC views India's growth story. He says the institution will invest $2-3 billion in the country every year in the next few years

Lotte picks up the confectionary trail, puts spotlight back on Coffy Bite

The Korean major that owns Parry's Confectionary turns to an old faithful brand, Coffy Bite, to push its way forward in the candy and gums business

Nissan Datsun and Sunny to drive exports for Renault-Nissan's Chennai plant

Production at Renault Nissan Alliance up by 15 % on the back of rising exports

Ashok Leyland inducts Marico chief and former JCB India MD into Board

Saugata Gupta of Marico to be independent director, while Vipin Sondhi, formerly of JCB, will join Hinduja Group's leadership team

Onion prices may have peaked at Rs 100 a kg; expect a correction from here

With 3,000 tonnes of imported onion entering the market over the next fortnight, the price should start cooling off. Soon after, the new crop of onions will arrive, further reducing prices

TVS Motor Chairman Venu Srinivasan bags Deming award in Tokyo

Becomes first Indian industrialist to be bestowed with award for contributions in the field of TQM

Ashok Leyland to observe up to 12 non-working days during November

Company reports a 50% drop in domestic M&HCV sales in October, led mainly by a decline in truck volumes

TVS Motor domestic sales down by 25% YoY in October, exports rise 20%

2% rise in month-on-month sales reduces stock-in-trade for transition to BS VI

Auto slowdown: Ashok Leyland M&HCV domestic sales drop by 50% in October

The biggest drop was in trucks, whose sales declined by 59 per cent to 3,335 units in October from 8,124 units in the same month a year ago

Cochin Shipyard bags Rs 3,000 crore contract for aircraft carrier Vikrant

The country's first Indigenous Aircraft Carrier (IAC-1), Vikrant, is in advanced stage of construction and will be delivered to the Navy in 2021

After beating Apple in flagship segment, OnePlus flexes its premium muscle

In the narrow turf flagship phones, now OnePlus wants to usurp Apple's halo