It's curtains for major standalone steel players

The Uttam Galva-ArcelorMittal deal is the second consolidation move in the steel industry in the past month, the first being Essar Steel's acquisition of Shree Precoated. The main reason for the......

Auto, consumer durables to cost more

State-owned Steel Authority of India (SAIL) has raised prices by Rs1,000 per tonne on flat steel (used in white goods and auto) and Rs1,200 per tonne on long steel (used in infrastructure and......

All you want to know about advance tax

September 15 is the deadline for paying the second instalment of advance tax. This is income-tax (I-T) taxpayers need to pay every quarter, instead of a lump sum at the end of the year.......

Lakshmi Mittal hangs up on Odisha

Lakshmi Niwas Mittal has fought many battles. When Mittal Steel, the world’s largest steel maker, launched a hostile bid for Arcelor, the second largest, its boss, Guy Dolle, had said, the......