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Coal India considering 3 assets in Australia

Coal India considering 3 assets in Australia

Continuing its hunt for assets abroad, world’s largest coal miner Coal India Ltd (CIL) is examining three proposals from Australian companies and has created a corpus of Rs 6,000 crore…

TCS is India’s most admired company

TCS is India’s most admired company

TCS has emerged as India’s most admired company ahead of Hindustan Unilever, ITC, and Infosys, says global management consultancy Hay Group. According to the findings of the second edition of…

POSCO scraps proposed 6-MT steel project in Karnataka

POSCO scraps proposed 6-MT steel project in Karnataka

Steel major POSCO announced it has decided to scrap the proposed 6 million tonnes steel plant in Karnataka, following long delay in land acquisition and adverse market conditions. “With the…

Revenue Dept to look deeper into Jet-Etihad deal

Revenue Dept to look deeper into Jet-Etihad deal

The Revenue Department is looking deeper into the proposed Rs 2,058 crore Jet-Etihad deal to identify the beneficial owners and check whether it is structured in a way to evade…

Tata Steel Europe reports record 1.2bn pounds loss

Tata Steel Europe reports record 1.2bn pounds loss

Indian steel giant Tata Steel’s European arm has reported a record loss of 1.2 billion pounds for the year. Tata Steel Europe, Britain’s largest steel producer, reported the losses for…

Airtel subsidiary approaches DoT for 4G voice call

Airtel subsidiary approaches DoT for 4G voice call

Telecom major Bharti Airtel’s subsidiary Wireless Business Services has approached the DoT for allocation of mobile numbers to start testing of voice call services on 4G network in four service…

Amazon, Apple, end dispute over ‘Appstore’ name

Amazon, Apple, end dispute over ‘Appstore’ name

Apple has dropped its lawsuit against rival Amazon for using the term “Appstore” for its online shop for mobile gadget applications. “With more than 900,000 apps and 50 billion downloads,…

BSNL to invest Rs 4,000 cr for expansion

BSNL to invest Rs 4,000 cr for expansion

State-run telecom operator BSNL is investing Rs 4,000 crore this financial year to expand its mobile network. The plan includes installing 8,700 towers. “As part of our phase-7 expansion plans,…

H&R Johnson signs Katrina Kaif as brand ambassador

H&R Johnson signs Katrina Kaif as brand ambassador

H&R Johnson (India) signed Bollywood actress Katrina Kaif as its brand ambassador. This is the first time H&R Johnson (India) is roping in a celebrity brand ambassador since its incorporation…

Policy on surplus coal usage may be finalised

Policy on surplus coal usage may be finalised

The policy on the usage of surplus coal produced in mines allocated for captive use to firms would be finalised by November this year. Policy on use of surplus coal…