BUSINESS
'With an NBFC, we will be one-stop shop for travelers,' says Cox & Kings CEO Peter Kerkar
The country's largest travel company will soon be extending holiday and student loans.
BUSINESS
US sanction on large diameter pipe imports, a positive: Welspun Corp MD & CEO
The company has two facilities in the US, producing 550,000 tonnes of pipe a year. The move will improve margins, said Vipul Mathur of Welspun
BUSINESS
Tale of two men: Why the Tata Steel Europe-Thyssenkrupp merger is crucial for Narendran & Hiesinger
While Tata Steel wants to get back its dominance in its domestic market, for Thyssenkrupp, the merger is part of its plan to become an engineering giant
BUSINESS
Tata Steel Europe-Thyssenkrupp merger: choosing between collective benefits or individual interests
Unions of the German company, and those in the Dutch and UK operations of Tata Steel Europe have their own set of conditions for the merger to go ahead.
BUSINESS
NMDC refutes steelmakers' allegation of differential pricing, says iron ore rates market-driven
Steelmakers have alleged that the ore sold by NMDC in Karnataka is up to Rs 2,000 a ton higher than in other states
BUSINESS
It's steelmakers against miners in Karnataka over iron ore
While miners allege that their stock is piling up as steel companies buy ore from outside the state, steelmakers say that NMDC is asking for a higher price
BUSINESS
Tata Steel favourite in Bhushan Power & Steel race, ahead of NCLAT hearing
The Committee of Creditors has found the Rs 24,500-crore bid from Tata Steel to be more favourable
BUSINESS
EXCLUSIVE: Tata Steel joins race for Usha Martin's Jamshedpur unit
The company put in an aggressive bid of Rs 6,000 crore. JSW Steel is also in the fray.
BUSINESS
JSW Steel looks for stressed assets in India & overseas, for its 50 mtpa target
By 2030, the company wants to have 40 million tons of capacity in India, and 10 million tons overseas
BUSINESS
Mid-market hotels set to see best ever occupancy levels, says Patu Keswani
The founder of Lemon Tree Hotels talks about life before and after listing the company on the BSE, the upcoming boom in hospitality industry and how he wants to leave his legacy
BUSINESS
The difficulty of being Anil Agarwal: Of controversies and battlegrounds
The billionaire entrepreneur has created a multinational mining giant. But he continues to wage a battle of perception
BUSINESS
NCLAT to reopen hearing on Essar Steel auction
The Tribunal will hear arguments from ArcelorMittal, Numetal and the lenders on Wednesday and Thursday
BUSINESS
ArcelorMittal and SAIL in possible joint bid for Bhushan Steel
The partnership, which is in the works, could bid for other stressed assets too.
BUSINESS
As crude rises, airlines might be forced to hike fares despite capacity addition
With crude forecast to test $90/bbl this year, fliers may have to brace for higher air fares. Oil is hovering around $68/bbl at present, compared to about $50/bbl during the same period last year
BUSINESS
Distressed asset sale: Ownership of mines issue a hurdle for JSW Steel, Tata Steel, others
The amendment to Mines and Minerals Act is now haunting the likes of JSW Steel and Tata Steel
BUSINESS
JSW Steel sees green shoots in construction sector, thanks to government stimulus
“Since November, we have seen a sudden pick-up in the demand for TMT bars - used in every construction activity,” Seshagiri Rao of JSW Steel told Moneycontrol.
BUSINESS
Can the Ruia brothers pull off a rescue act at Essar Steel again?
Though the company came out of the CDR in 2006, a little more than a decade later it finds itself in trouble again.
BUSINESS
SAIL’s plan to buy distressed steel firms may face headwinds
Ever since the emergence of private steelmaker JSW Steel, and Tata Steel trimming its losses in Europe, SAIL has found itself overshadowed.
