Two O P Jindal group companies, JSW Steel and JSL Stainless, have entered into an agreement. JSL Stainless will produce coke for JSW Steel and the raw material to produce coke will be supplied by JSW.JSW Steel is promoted by Sajjan Jindal. His brother, Ratan Jindal, is managing director of JSL Stainless.
Steel major Jindal Stainless on Tuesday announced the acquisition of a cold rolling plant in Indonesia for a consideration of $32 million (about Rs 150 crore).
At least three steel companies-JSW Steel, Jindal Stainless and Bhushan Steel-have decided to wait for the financial storm to pass before they take up their expansion plans. Ministry may not achieve target to cross 100 MT output by 2012.
Industrialist Naveen Jindal, fighting to win the Kurukshetra Lok Sabha seat for a third time, has more than just Narendra Modi to contend with. Joel Rai reports.
While about 8,000 people are in the long list of invitees, the select list features 506 A-listers, including prominent politicians, leading industrialists, top film stars, sportspersons, diplomats, judges and high priests.
The home ministry on Thursday announced the Padma awards which included five Padma Bhushan, 17 Padma Bhushan and 110 Padma Shri.
The Delhi police has registered an FIR against an associate professor of Delhi University's Hindu College for his "objectionable" social media post alluding to claims about the 'Shivling' found inside the Gyanvapi mosque complex, officials said on Wednesday.
Prohibitory orders were imposed in parts of Ranchi city after some policemen, including an Indian Police Service officer, and others were injured in Ranchi on Friday while trying to control a mob near a temple, an official said.
The statement was posted on the issue of a 'Shivling' found in the Gyanvapi mosque complex which is very sensitive in nature and the matter is pending before the court, the lawyer said in his complaint.
Pulok Chatterjee has joined the Prime Minister's Office.
Day four of Aero India 2011 had its share of high-profile visitors, including Indian cricket team captain M S Dhoni and actor Shahid Kapoor.
Top leaders from India Inc may be busy throughout the year, but they too have a very strong social life beyond work.
Thirty-five per cent of the 64,41,634 voters exercised their franchise till noon on Monday in five Lok Sabha constituencies of Assam where four persons clashed with CRPF personnel demanding that they be allowed to cast their vote first in Kaliabor constituency.
Tata Sons has moved the Supreme Court against an estimated Rs 300-crore (Rs 3-billion) sales tax demand from the Maharashtra state government.
'The economy will pick up in 2020 or a little later... When it picks up, will it reach 10%, 8% or still lower? It all depends on how realistic are the diagnosis and the prescriptions that follow,' says Professor K J Joseph.
One thing has remained constant through the Indian economy in the last seven decades: the dominance of family-owned businesses. Krishna Kant reports.
Famous and long believed to be trusted Indian brands have wilted against foreign brands, says Mohan Guruswamy.
In the domestic market, the Tata Group has lost ground in the passenger car business.
According to a confidential government paper seen by Reuters, several states want to do away with obtaining landowners' consent altogether in some cases and to cut through red tape which they say holds up development.
Senior New Delhi-based journalist R Rajagopalan, who has been closely following the Union Budget preparations since 1977, lifts the veil off India's most secretive operation.
Taking exception to Health Minister Harsh Vardhan not mentioning the death of healthcare workers due to Covid-19 in his statement in Parliament, the Indian Medical Association has published a list of 382 doctors who died due to the viral disease and demanded that they be treated as "martyrs".
The one common theme across companies that have rewarded shareholders is consumption.
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