The Rs 450 crore order has been placed on BHEL by NALCO for its 5th Stream Alumina Refinery Expansion Project at Damanjodi, Odisha, Bharat Heavy Electricals Limited (BHEL) said in a statement

National Aluminium said that three units of CPP, each of 120 MW capacity are under shutdown and further one more unit will undergo shutdown due to coal shortage

The new PSU - Indian Railway Rolling Stock Company - will be structured along the lines of China's rolling stock manufacturer PSU CRRC Group

With the worst performance among sectors in BT500, most mining and metal companies continue to struggle.

Fixing the Indian Railways won't be easy. It connects the entire country through 68,525 km of route track (in 2014), 12,961 passenger trains, and 8,637 freight trains. It also runs 125 hospitals, 586 polyclinics, 102 schools and sundry other initiatives.

A recovery in the rupee is giving Finance Minister P. Chidambaram rare relief in his battle against a threatened credit rating downgrade to junk status by reducing pressure on the government's subsidy bill.

Over the years Kumar Mangalam Birla has tinkered with the business model, while growing the Aditya Birla group about 20 times. He keeps restructuring and fine tuning, all the while monitoring the strategy closely. Will his constellation be in alignment with his goal?SPECIAL: The Birla Biz Model His core team:Ajay Srinivasan | Himanshu Kapania | Santrupt Misra | Debu Bhattacharya

Air India has ordered 27 of them, Jet Airways another 10. Boeing's new 787 Dreamliner has had a difficult birth, but it is a tremendous piece of engineering. The 787 still marks a major advance in the 108-year history of powered flight.

Less than two years after some of India Inc.'s biggest overseas acquisitions ran into the recession, the investments have expanded scale and scope at the country's top businesses like never before.

Vijay Mallya acquired Air Deccan, Arun Sarin dialled into India, K.P. Singh launched India’s biggest IPO.