Coal India Ltd’s net worth will be boosted by $ 2.4 billion (approximately `11,000 crore) once it adopts International Financial Reporting Standard (IFRS) norms, the chairman, Mr Partha S. Bhattachary

RPG Group company KEC International plans to increase its focus on the railway infrastructure segment and is eyeing a 10 per cent contribution from this business to its turnover this fiscal. The compa

Overseas money transfer agents cannot enter into any “exclusive” arrangement with Indian entities for transfer of funds into the country, the Reserve Bank of India has said. “We are constrained to con

Vijaya Mallya-owned Kingfisher Airlines owes `220-crore to state-run HPCL even after a part payment of its dues for purchase of jet fuel, a top HPCL official said. HPCL chairman and managing director,

A strike call given petrol dealers appears to get weakened after pump owners from states such as Maharashtra have decided to stay away. The nationwide indefinite shutdown of petrol pumps — seeking a o

The Supreme Court issued notices to Airtel and Vodafone on a petition filed BSNL seeking Rs 55 crore from the two private firms for routing unidentified calls on its network. A bench headed by Chief J

Engineering and construction major Punj Lloyd on Wednesday said its Saudi Arabia-based group firm Dayim Punj Lloyd has secured a contract from state oil company — Saudi Aramco for construction of a pi

Cast and forged rolls maker Gontermann-Peipers (India) Ltd plans to invest `300 crore in its proposed 1.2-million-tonne steel plant in Chhattisgarh, and `150 crore in its planned national multi-commod

Power Grid Corp Ltd today said it will invest `20.75 billion for phase I of its transmission systems project for Orissa power projects.The project is expected to be commissioned within 30 months, the

State-owned Steel Authority of India on Wednesday said that six bankers, including JP Morgan and Deutsche Bank, have been shortlisted for managing the first phase of its upcoming ` 8,000 crore FPO. “W