At least 20 trucking companies are negotiating a consortium to operate rail containers, a business that was opened to private participation last month, and retain their dominant share of the container transport market.
Tata Steel's global footprint is spreading at a furious pace.
Board has right to reject takeover panel's choice.
Get ready for a different rail travel experience. A special rail coach with a living room, two bathrooms, two toilets and a private kitchen. The catch: You will be allowed to take your own chefs on the trip.
National flag carrier Air India has raised $500 million (nearly Rs 2,250 crore) from ABN AMRO-led banking consortium to make pre-delivery payment to US-based aircraft manufacturer Boeing Company.
Tata Steel's greenfield projects -- in Orissa, Chhattisgarh and Jharkhand -- were significant for Corus, which incurred high cost on raw materials, said sources close to Tata Steel.
Jet Airways is talking to several leading private equity firms to raise $400 million through qualified institutional placements for its aircraft acquisition plan.
The Hinduja group says it will bid for Italian tyre and real estate major Pirelli's stake in Telecom Italia only if the acquisition gives it management control in Italy's largest telecommunications operator.
Poaching engineers in the domestic airline industry will no more be easy.
For the second time in a year, Air Deccan overtook state-owned Indian (formerly Indian Airlines) in 2006, making it country's second-largest domestic carrier.
This will be the largest M&A by an Indian firm, to be complete by January-end.
According to highly placed sources, the anomalies in taxes on the cruise operator, coupled with a 50 per cent load factor, have led to a loss of over Rs 75 crore.
The Indian express industry is set for sizzling growth, despite rising usage of facilities like short messaging services or multimedia message services.
Amtek Auto is renewing its bid to acquire JL French Automotive Casting's Whitham plant in Essex in the UK, six months after its first abortive attempt.
Mumbai-based Leela Palace has joined the largest hotel alliance of the world, the Global Hotel Alliance
The Tata group may take on global automobile giants such as Ford and Renault-Nissan for in an attempt to buy Daewoo Automobile Romania, the privatisation of which the Romanian government has put on the fast track.
Confronted with competition, state-run logistics companies are opting for joint ventures among themselves and with the private sector.
The shadow of the European Commission's anti-trust proceedings is hanging over Companhia Siderurgica Nacional's bid for Anglo-Dutch steelmaker Corus.
Hutchison Telecom is expected to complete the sale of its 67 per cent stake in the country's fourth largest telecom company, Hutchison Essar, before the Chinese New Year holiday, which begins February 17.
Financing would not be an issue for the group that had business interests in global finance, telecommunications, film, oil and the automotive sector.
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