The maker of SUVs such as Range Rover and Discovery, and sedans like XE and XF, plans to invest 4.3 billion pounds on various activities, including development of new engines and technologies, in the current financial year.
A top source said since the government is not looking at actual merger of oil companies but only transfer of its ownership to a cash rich PSU, the best option would be to split the 54.89 percent holding in GAIL equally between IOC and BPCL.
Dravid said he had invested Rs 20 crore in Vikram Investments in the hope of higher returns, but got only Rs 16 crore back. The company is yet to pay him Rs 4 crore to match his initial investment.
In some good news this past week, SBI reduced charges for the non-maintenance of Average Monthly Balance in savings accounts, effective April 01, 2018.
With Mittal making a case for ArcelorMittal's global experience in the Essar Steel bid, here is a look into how the world's largest steelmaker has fared of late
Auto component maker Sandhar Technologies on Friday raised Rs 154 crore from anchor investors, ahead of its initial share-sale on Monday.
Investment management company Vanguard Group on Friday picked up shares worth Rs 397.49 crore in four firms through open market transactions.
Investors will also keenly wait for the annual revenue growth outlook for the 2018-19 fiscal.
Binani Industries has also asked the NCLAT to declare the meeting of the Committee of Creditors (CoC) of Binani Cements held on March 14, 2018 as "null and Void".
"Rural Electrification Corporation Ltd has launched an issue of USD 300,000,000 at 4.625 per cent. Notes will mature on March 22, 2028, and all the principal and interest payments will be made in US dollars," the company said in a regulatory filing.
Company has a very strong brand name and most vendors are dependent on them, said Arvind Kajaria, MD, Intrasoft Technologies.
Developed indigenously, these Tata-Starbus hybrid electric buses come with full low-floor configuration, offer global design standards, can run on dual power (diesel and electric) and use lithium ion batteries, the firm said today.
"The audit of our API Hyderabad plant 1 at Jinnaram Mandal, Medak district, Telangana, by the USFDA has been completed today. We have been issued a Form 483 with four observations which will be addressed comprehensively within stipulated time," Dr Reddy's said in a regulatory filing.
Addressing a conference on ‘Pradhan Mantri Awas Yojana (Urban) –Housing for All by 2022' organised by industry body FICCI here, he said there has been a “criminal neglect” of urban planning for the 67 years which has lead to current problems in urban sector.
The strike is expected to be observed in key cities like Mumbai, New Delhi, Bengaluru, Hyderabad, Pune among other cities.
India cannot completely depend on market or ministries working in silos to deliver a transportation model for future that meets the country's ground reality, he added.
Hospitalisation is a long-term business with gestation period of 7-10 years and will surely be profitable over a period of time, Nirupa Shankar, Director, Brigade Hospitality.
Other associate sponsors of the cash-rich cricketing event include MakeMyTrip, Parle Products, AMFI, Asian Paints, Dream 11, Polycab and Vimal Pan Masala.
Terming the next-generation technologies like IoT critical, Sundararajan said the government's endeavour is to provide an "enabling" policy for growth of the industry and not to impose a "heavy regulatory framework".
Harendra Singh, MD, HG Infra Engineering said the order inflow has picked up in Q4 and the trend is likely to continue in FY19.
This was revealed by Ambani, the richest Indian, in his acceptance speech last night after his oil-to-telecom conglomerate, Reliance Industries was presented with the 'Drivers of Change' award at the Financial Times ArcelorMittal Boldness in Business Awards.
Advocate Yeshwanth Shenoy's said in his plea that IndiGo's A320neo fleet should be grounded until the manufacturers give in writing that the existing defects have been rectified and the DGCA is satisfied.
The company has already filed FIRs in Kolkata and Hyderabad.
The price across the entire model range will be increased by up to 4 per cent owing to the hike in the customs duty announced in the Union Budget, Audi India said in a statement.
The DTAB Sub-Committee will do a fresh review of the banned FDCs on case-by-case basis to verify their safety before recommending an action to the govt