June retail inflation at 5%, May industrial output declines (Roundup)

1 week ago
Retail inflation in India touched the 5 per cent mark in June, compared to 4.87 per cent in May, even as industrial output in May grew at 3.2 per cent over the same month last year but declined as compared to rise of 4.9 per cent in April mainly on ... ...

Industrial production growth moderates to 3.2% in May 2018

1 week ago
13 out of 23 manufacturing industry groups show positive production growth in May 2018. India's industrial production (base year 201112=100) rose at sevenmonth low pace of 3.2% in May 2018 over May 2017, while showing moderation in growth from  ... ...

Anil Agarwal to delist Vedanta Resources from LSE; offers $1 bn to buy out minority shareholders

3 weeks ago
Mining mogul Anil Agarwal plans to delist his flagship firm Vedanta Resources Plc from the London Stock Exchange after buying out 33.5 per cent of nonpromoter shareholders for about USD 1 billion. Agarwal's Volcan Investments Ltd, which currently ... ...

Kochhar on annual leave, not forced one: ICICI Bank

2 months ago
ICICI Bank CEO and MD Chanda Kochhar, who is facing an independent probe for her alleged involvement in a deal which benefited family members, has gone on planned annual leave and not on forced leave as has been reported in a section of media, the  ... ...

Sterlite copper smelter plant to be shut, company to study closure order (Roundup)

2 months ago
The Tamil Nadu government on Monday issued orders closing the copper smelter plant in Thoothukudi owned by the Vedanta Group, a week after 13 people were killed in police firing during protests against the continued functioning of the unit. ... ...

Madras High Court halts expansion of Vedanta's copper smelter after protest killings

2 months ago
By Sudarshan Varadhan and Promit Mukherjee. THOOTHUKUDI/MUMBAI India () One person died and others were wounded by gunfire in Tamil Nadu on Wednesday in fresh violence related to protesters' demands that a copper smelter be shut on  ... ...

Fears mount as Ebola reported in DR Congo city

2 months ago
An outbreak of Ebola in remote Democratic Republic of Congo (DRC) has spread to a city, health watchdogs said Thursday, sharpening fears that the deadly virus now posed a regional threat. The fresh outbreak, publicly declared on May 8 with 23 deaths so  ... ...

NCLT approves Vedanta's resolution plan for Electrosteel

3 months ago
Govt plans to have more NCLT benches Expilot moves NCLT to initiate insolvency proceedings against AI NCLT orders liquidation proceedings against debtridden Gujarat NRE NCLT initiates Corporate Insolvency Resolution Process for IVRCL NCLT benches ... ...

Russian channel tells viewers to be ready for WWIII!

3 months ago
Read more about Russian channel tells viewers to be ready for WWIII! on Business Standard. Russians have been told to be prepared for a Third World War which could be sparked off by the current crisis in Syria, a staterun Russian TV channel has reported.The Kremlinowned channel suggested the ideal supplies for survival and told people ... ...

Shuttler Srikanth scripts history, secures top spot in BWF rankings

3 months ago
Star Indian shuttler Kidambi Srikanth's stellar rise to the top continued as he replaced Denmark's Viktor Axelsen to achieve the numerouno spot in the latest BWF World Rankings here on Wednesday. Srikanth, who replaced the mighty Dane, became only the ... ...

Facebook Is Able to 'Collect Information From All of Us'

3 months ago
Mark Zuckerberg, Facebook's chief executive, went to Capitol Hill this week to explain to members of Congress how the detailed personal information of up to 87 million Facebook users ended up in the hands of a voterprofiling company called Cambridge Facebook pledges to ensure integrity of elections in India, othe ... ...

Gold edges lower as fears of allout USChina trade war ease

4 months ago
() Gold prices fell on Thursday, after hitting a oneweek high in the previous session, as the dollar steadied and equities recovered on the United States's willingness to negotiate on tariffs with China, easing fears of a fullblown trade war ... ...

Nehwal disappointed as father denied entry in Gold Cost Games Village

4 months ago
Expressing her disappointment in a series of tweets on Monday night, ace shuttler Saina Nehwal said her father, who was confirmed as part of the Indian contingent travelling to Australia for the 2018 Commonwealth Games, was denied entry in the Gold ... ...

ArcelorMittal, Vedanta, VTBJSW partnership among India Essar Steel suitors

4 months ago
MUMBAI () ArcelorMittal SA, Vedanta Resources and a group comprising Russia's VTB and top Indian steelmaker JSW Steel have bid for bankrupt steelmaker Essar Steel India, the companies said, after a deadline for bids on Monday. Essar Steel is ... ...

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