The slowdown in the capital goods industry has pushed Union government-controlled Bhel (Bharat Heavy Electricals Ltd) into its first-ever annual loss of Rs 896 crore for the year ended March. It had
Elgi Equipment has rallied 13% to Rs 185, also its record high on the BSE, after the company reported a six-fold jump in consolidated net profit at Rs 31 crore for the
Foul smell from Bhandewadi dumping yard to become a thing of past as 11.50 MW electricity will be generated from the waste. This may be a good news for Nagpurians who are
State-owned ONGC is mulling buying majority stake in GSPC’s Krishna Godavari basin gas block which will help prevent the Gujarat Government firm’s Rs19,500 crore loan from turning into an NPA. Since the
GOPALPUR, India—In the world’s fastest-growing major economy, factories are running below capacity and companies aren’t spending. Exports are plummeting. Construction activity in the big cities has stalled. Propelling Tarapada Kabiraj’s backyard yogurt
In another blow to carmakers, the National Green Tribunal (NGT) is set to consider imposing a ban on the sale of large diesel-powered vehicles in 11 more cities on this week, the
ONGC Videsh (OVL) is set to make a foray into oil trading and has signed an initial pact with the trading arm of Azerbaijan's state energy company SOCAR, a source privy to
The Indian Railways did a trial run of the Spanish Talgo , a light train comsuming 30% less energy , between Bareilly and Moradabad on Sunday. Nine coaches were hauled by a
The government has a vision to increase steel production to 300 million tonnes, Union Minister of State for Steel and Mines Vishnu Deo Sai said today. Sai was here to review the
Six Indian companies figure in a list of the world's top 94 steel producers compiled by the World Steel Association , a Brussels based non-profit industry group. Tata Steel BSE -0.85 %