ArcelorMittal wins bid to buy out Essar Steel

The Committee of Creditors have issued ArcelorMittal and its partner Japan's Nippon Steel & Sumitomo Metal Corp a Letter of Intent declaring them as the "successful applicant". The world's largest......

Railways won't roll back dynamic pricing for premium trains

Looking into the flexi-fare scheme in Rajdhani, Duronto and Shatabdi trains introduced in September 2016, the CAG stated that occupancy in all classes except the sleeper class in Duronto decreased.......

Brexit brings bad news to Indian, global corporates

Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985. IMAGE: Big swings in sterling will be a headache for some international......

Markets end near 1-month high; Sensex reclaims 26,000

Benchmark share indices gained around 1% to end at their highest levels since December 3, 2015, amid renewed buying demand among pharma and rate-sensitive sectors like auto and banks. Besides,......