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Kalpakkam Prototype Fast Breeder Reactor to go critical by end of 2016

Bharatiya Nabhikiya Vidyut Nigam said to be constructing the reactor at an approved cost of Rs 5,677 crore

E-commerce firms, retail groups boost handloom sales

The department, which comes under the Union Ministry of Textiles, has also tied up with 70 retailers to boost revenue

Hero to invest Rs 3k cr in new Andhra unit

State govt has allotted 600 acres for the plant, which will have a capacity of 1.8 million units

Yamaha launches spare parts centre in Tamil Nadu

The centre will help the company to cater to the demands of the consumers in South India with speed and quality

Isuzu Motors inaugurates its Rs 3,000 crore facility in Andhra Pradesh

Facility to have initial output capacity of 50,000; adventure utility vehicle D-MAX V-Cross was the first to be rolled out from the plant

Mahindra Susten sues SunEdison over dues

Susten alleges it is yet to receive Rs 46.19 crore towards supply, civil works

India now among top 6 markets for Renault

Domestic market is most promising, delivering 200% growth rate, thanks to the small car Kwid

ClearTax raises $1.3 mn angel funding from Silicon Valley angels

PayPal co-founder Max Levchin marks his first India-focussed investment with this round

TranServ raises $15 mn from IDFC SPICE Fund, Micromax, others

Firm will use the fresh capital for accelerating business growth and investing in new product lines

Mondelez inaugurates seventh plant in India

Firm's largest in the APAC region & will cater to domestic and regional needs

AP govt sets target to become No.1 in ease of doing business

State has also set a target to be number one or two in attracting FDI

Tamil Nadu Assembly polls: Over Rs 40 crore seized by election observers

Also, state Excise Departments and police authorities have been asked to monitor production, distribution, sale and storage of liquor

SunEdison bankruptcy will not hit India ops: Pashupathy Gopalan

Interview with President, SunEdison India

Ecoppia inks deal to begin making robots near Chennai

Ecoppia's technology can clean an entire solar site in just a few hours, keeping solar power production at peak efficiency

Vivanta by Taj-Connemara will be closed for guests for an year

Chennai's iconic Vivanta by Taj-Connemara to undergo a complete renovation

Murugappa Group executive chairman invests in healthcare startup

Vellayan says he invested in Trimed since he believes in the concept of holistic healthcare and the founder

In Tamil Nadu, AIADMK and DMK promise voters a total prohibition

Move raises question as to how the state would compensate for Rs 27,000 cr liquor sales revenue loss

Zooming beyond cars

Pioneer in self-drive car rental s, ZoomCar's experiment on renting an auto for own use isn't only for kicks

Hyundai cranks up the engines

Keen to increase its market share , the Korean auto major is pushing deeper into the hinterland and hard-selling its brand to young buyers

Fairfax India to invest $300 mn in Sanmar Chemicals

To acquire 30% equity stake in the Chennai-based company