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Some BHEL orders at risk due to Coalgate: Nomura

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Nomura says about 28 per cent of Bharat Heavy Electricals Ltd's order book is at risk of cancellation or deferment due to either non-availability of coal linkage or cancellation of existing linkage, f

US to designate Haqqani network as a terrorist group

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The United States will designate the Pakistan-based Haqqani network, accused of some high-profile attacks, as a terrorist group, the U.S. State Department said on Friday.

Secretary of State Hillary C

Cigarette giant ITC makes a healthy choice

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India's biggest cigarette maker is going on a health kick. ITC Ltd sells 80 per cent of the cigarettes in the world's second most populous country where 275 million people use tobacco products.

But a

Mario Draghi to deliver bond plan at crunch ECB meeting

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European Central Bank chief Mario Draghi faces the most decisive moment of his presidency on Thursday when he tries to heal divisions among policymakers and deliver on his promise to save the euro.

I

M&M to launch small SUV on September 20

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Mahindra & Mahindra, India's biggest utility vehicle manufacturer, will finalise its Russia plan in 4-6 months and is in talks with Russian distributors, a top company executive said.

Launching Mahin

Vedanta Aluminium to temporarily shut refinery

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Vedanta Aluminium Ltd, a unit of billionaire Anil Agarwal-controlled Vedanta Group, plans to shut its alumina refinery in Odisha from Dec 5 due to shortages of bauxite, a company official said on Thur

Monsoon splashes into drought-hit states

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India's monsoon has splashed back into life, lifting the threat of prolonged drought in the major rice and sugar producer with a second consecutive week of heavier-than-normal rains that could revive

Morgan Stanley downgrades Axis Bank; shares fall

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Morgan Stanley downgraded its rating on Axis Bank to 'underweight' from 'equal weight' saying it expects the bank's impaired loans to increase.

Morgan Stanley said it sees Axis Bank's impaired loans

Etisalat says will not bid in 2G auction

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Etisalat, the United Arab Emirates' biggest telecommunications company, said on Wednesday it has decided not to bid for 2G airwaves in an auction scheduled in November.

Etisalat earlier this year shu

Powerful quake hits Costa Rica, tsunami warning issued

A powerful 7.6-magnitude earthquake rocked Costa Rica on Wednesday, rattling buildings, cutting power in areas of the capital and triggering a tsunami warning.

Residents of San Jose said phones went

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.