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Glut in Karnataka iron ore mines as imports surge; miners approach NITI

FIMI estimates that the mining industry, including government entities NMDC and MML, will not be able to produce or sell up to the permissible capacity given the pile-up in stock

Hyundai, CPCL among investment plans worth Rs 65,000 cr cleared by TN govt

During second edition of GIM, Tamil Nadu has set a target to sign over 140 MoUs, committing an aggregate investment in excess of Rs 2.4 trn

EdTech will see more firms maturing, attracting larger investments: experts

PE/VC investments in education and edtech has grown to $759 million in 33 deals in 2018, from $189 million in 24 deals the previous year

NIT Trichy, AAI ink MoU to develop air traffic flow management technologies

The objective of the MoU between NIT Trichy and the AAI is to develop a long-term collaboration

M&As nearly doubled to $100 billion in 2018; highest in value after 2013

Outbound activity increased 3.7 times in value, with Indian investors spending $11.3 billion across 75 deals

Kerala says electric buses made Rs 57 per km profit during trial run

While the fuel cost of a diesel bus is Rs 31/km, electric costs only Rs 6/km

Brands are devising local ad campaigns to attract consumers across regions

HDFC Bank, Parle-G, McDonald's, Coca-Cola and a slew of advertisers have opened their festive accounts in the south

Why India is losing out to neighbouring Bangladesh in textile exports

The govt's serial failures to negotiate free trade agreements, and the industry's dependence on duty drawbacks at the expense of innovation are causing the textile industry to lose out to Bangladesh

Aurangabad, Chennai plants may be sold, not shut: Pfizer tells employees

Both sites will immediately cease manufacturing; the company will exit both sites as soon as possible.

Talentedge acquires a significant stake in GreyCampus

Taps into global markets including USA, Middle East, Asia Pacific and UK

At Sundram Fasteners, Arathi Krishna focuses on quality, diversification

She has lined up around Rs 500 crore in capex for 2019-20, and the bulk of this money will be spent on improving the company's market share in non-automotive businesses

Homegrown Pulse breaks out of the candy jar; mango-masala beverage on cards

Pulse looks to launch a range of beverages under its label

Pfizer to stop manufacturing operations in Chennai, Aurangabad units

Over 1,700 employees were working in these two facilities

Relief for Vedanta; Supreme Court clears reopening of Sterlite copper unit

NGT had ordered reopening of Vedanta's Sterlite copper unit

TVS urges rethink on Two-wheeler GST rates, says new norms will hit pricing

Chairman Venu Srinivasan says two-wheeler have revolutionised personal mobility, should not suffer luxury tax rate of 28%

Supreme Court refuses to stay NGT order to re-open Vedanta's Sterlite Unit

The plant has been closed since March 27, initially for maintenance and later due to the state pollution control board's refusal to give its consent to operate

Kerala to set up country's largest Integrated Startup Complex on 13.5 acres

Over a 100 startup companies in various stages of growth are already operating in the three incubators functioning within the facility

Northern Arc Capital invests in India's first Rs 38-cr PerSec transaction

Northern Arc Capital is a Chennai-based non-banking financial company (NBFC)

Chennai corporation seizes 21.67 mt of banned plastic in Tamil Nadu

Tamil Nadu has started the New Year with a green note, as the State's ban on certain plastic items came into effect from January 1, 2019

Samunnati raises $5 million from Dutch Development Bank, FMO

The investment was made through MASSIF, a Dutch government fund managed by FMO