The demand for metal coated steel was on the rise, according to Tolia, with India's current requirements being four million tonnes.
Karnataka high court on Wednesday refused to stay an emergency shareholder meeting called by select investors of Think and Learn Pvt Ltd -- the owner of Byju's -- to oust the company's Founder and CEO Byju Raveendran and his family from the leadership in the edtech firm. Byju's had approached the Karnataka HC seeking a stay on the EGM but the court only gave an interim relief that any resolution passed at the EGM on Friday cannot be implemented before the next court hearing. "It is further submitted that the conditions for convening the Extraordinary General Meeting (EGM) are not complied and no notice is issued as contemplated under Section 100 (3) of the Companies Act 2013," the court order said.
The new BrahMos missiles will be 'dual-role capable', which means warships can fire them at targets on land as well as at enemy warships.
Telecom major Bharti and world's biggest retailer Wal-Mart Stores Inc on Monday signed an agreement to form a joint venture for their wholesale cash and carry business.
In 11 out of 29 coal mines successfully e-auctioned, a number of qualified bidders in the e-auction stage were from the same company/parent subsidiary company coalition/joint venture, CAG said.
India and the US on Friday expressed concern over high inflation which is being driven by external factors and has become a challenge for both the nations. Speaking at the US-India Businesses and Investment Opportunities, Finance Minister Nirmala Sitharaman said in India the inflation challenges are prompted more by external factors. "So while the number today is in a manageable range, the challenges are largely due to the import of crude.
After Reliance Industries Ltd and its partner bp plc of the UK, Nayara Energy - the nation's largest private fuel retailer - has started selling petrol and diesel at Re 1 less than the fuel sold by state-owned retailers, officials said. While state-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) continue to hold prices despite a drop in international rates, private fuel retailers have started passing on the benefit to consumers. "To further stimulate domestic consumption and cater to local customers better, we have introduced a Re 1 discount in our retail outlets until the end of June 2023," a spokesperson for Nayara Energy said.
When the armoured vehicles arrive in this 'kill zone', each PALM 400 picks out its target and fires an armour-penetrating projectile, penetrating it from the top where its armour protection is the least.
Mahindra & Mahindra Ltd is to pick up a majority stake in US-based Bristlecone Inc, an enterprise resource planning company, through a new overseas joint venture company with an investment of up to $7 million.
Bonanza for customers in days of liberalisation.
Lord Swraj Paul promoted Caparo Engineering India has entered into a joint venture with Japan-based Marubeni Itochu Steel Inc to set up an automotive blank manufacturing unit near New Delhi.
Commerce Minister Kamal Nath will lead a high-powered business delegation to the United States for the 'Focus India Show'
FIA has filed two separate petitions challenging the approvals granted to Tata-Airasia and Tata-SIA Airlines deals respectively.
British biodiesel firm D1 Oils Plc is entering into joint venture agreement with Chennai-based Mohan Breweries and Distilleries Ltd to produce biodiesel derived from Jatropha.
German commercial vehicle manufacturer MAN Nutzfahrzeuge Group plans to set up manufacturing facilities for trucks and buses in joint venture with India's Force Motors Ltd at an estimated investment of euro300 million.
"We are launching a 24-hour news channel in Arabic next year and we are looking at TV services in Hindi and Urdu. They will be joint ventures," BBC World Service's Business Development Manager Michel Lobelle said.
Global brewing major SABMiller on Friday acquired 50 per cent stake of Shaw Wallace group in the brewing operations of their joint venture, Shaw Wallace Breweries.
In the midst of the battle between the Tatas and Birlas over stake-holding in their telecom joint venture Idea
Tata group chief Ratan Tata on Friday remained non-committal on the ongoing tussle with the Birla group on their GSM joint venture Idea.
Bullish on the Indian textile sector and freeing of quota regime, apparel-maker Raymond has increased its investment in the joint venture with Italy's Gruppo Zambaiti to Rs 200 crore (Rs 2 billion) from the earlier Rs 180 crore (Rs 1.8 bilion).
The government believes firms which are subject to China's laws could be forced to hand over information to Beijing's security services.
Petronet India on Thursday kicked off its divestment programme by seeking bids for sale of 100 per cent stake of the company.
Apollo Tyres' $100 million project in joint venture with Michelin would begin production from early 2006, its chairman and managing director Onkar S Kanwar on Tuesday said.
The stock of two wheeler maker Eicher Motors was the highest gainer among BSE 100 stocks, rising 6.6 per cent in trade on Friday. The gains came on the back of better than expected performance in the March quarter of the 2022-23 financial year (Q4FY23) and earnings upgrades by brokerages. Standalone revenues (Royal Enfield) were up 19.9 per cent year-on-year (YoY), led by an 18 per cent growth in volumes and a marginal uptick in realisations.
Burger King Worldwide Inc has entered into a joint venture with private equity and real estate firm Everstone Group to start operations in India.
Mahindra and Mahindra on Wednesday said it would attain annual production of 6,000 tractors in China by the end of these fiscal, months after it began operations in the country through a joint venture.\n
Former managing director of Maruti Suzuki India, Jagdish Khattar, passed away on Monday morning following a cardiac arrest, according to people close to him. Khattar (79), a former bureaucrat, was considered as one of the most high profile leaders of the Indian automotive industry, laying the foundation for Maruti's future growth after the government began its disinvestment in 2002 and gradually exited from its joint venture with Suzuki Motor Corporation (SMC). He had joined the then Maruti Udyog Ltd in July 1993 as director (marketing) and went on to become executive director (marketing) in the next six years.
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