Vedanta sticks with plan to expand Sterlite Copper smelter despite deadly protests at Tuticorin

Sterlite Copper hopes to restart its copper smelter in southern Indian city Tuticorin and still wants to double its capacity despite protests demanding its closure that killed 13 people this week.

TCS becomes first Indian company to cross Rs 7 lakh crore market cap mark

A month after Tata Consultancy Services made history as the first listed Indian IT firm to hit market capitalisation of over $100 billion (Rs 6.78 lakh crore), it has now become the first desi company ever to breach the Rs 7 lakh crore mark, albeit briefly.

ICICI-Videocon loan: Sebi sends notice to Chanda Kochhar, seeks response on Nupower link

The bank said an "appropriate response" would be submitted to Sebi. The country's second-largest private lender has been embroiled in controversies ever since investor and whistleblower Arvind Gupta alleged a 'quid pro quo' in ICICI Bank's Rs 3,250 crore plus Rs 660 crore loans to Venugopal Dhoot-owned Videocon Industries.

How ONGC can help govt control petrol, diesel prices

The government is now mulling a 'windfall tax' on all oil producers like ONGC in an attempt to moderate fuel prices.

PSB unions call for two-day bank strike to protest against 'meagre' wage hike

The employees of public sector banks will go on a two-day strike from May 30-31 to protest a 'meagre' 2 per cent wage hike offered by the Indian Banks' Association (IBA).

Sat May 26 11:48:04 IST 2018

From The Magazine

Steady State

The RBI's latest report on states finds that economic growth is well spread out even as southern states lead in social spending.