Tata Steel has received demand notice of ₹1,755 crore for extracting excess coal from its mine in Jharkhand. The notice was issued by the District Mining Office, Ramgarh, Jharkhand allege…
Category: Companies
Jindal Steel deploys syngas in furnaces to counter shortages of natural gas, LPG
Jindal Steel on Monday said it has deployed syngas in galvanising and colour coating line furnaces to counter the shortage of natural gas, LPG and propane, enabling the company to…
SC clears way for Adani’s ₹14,543 crore JAL plan
NEW DELHI/MUMBAI: The Supreme Court on Monday refused to stay implementation of Adani Enterprises Ltd’s ₹14,543 crore resolution plan for bankrupt Jaiprakash Associates Ltd (JAL), rejecting a challenge by mining…
CNG, EVs drive over a quarter of India’s car sales
One in four sold in India now runs on CNG or electric powertrains, signalling a steady shift in the passenger vehicle market towards alternative fuels, according to data from the…
SC clears way for Adani’s ₹14,543 crore JAL plan, keeps Vedanta challenge alive
NEW DELHI/MUMBAI: The Supreme Court on Monday refused to halt Adani Enterprises Ltd’s ₹14,543 crore resolution plan for Jaiprakash Associates Ltd (JAL), allowing implementation to proceed while keeping Vedanta Ltd’s…
AirAsia X to increase fares as jet fuel prices soar amid US-Iran conflict — How much do tickets cost now?
Budget carrier AirAsia X on Monday said it was going to increase its fares as oil prices surged due to the US-Iran war in the Middle East and its consequences.…
Aurobindo Pharma board approves ₹800 crore share buyback
The Board of has on Monday approved a proposal to buyback upto 54.23 lakh fully paid-up equity shares of the company, each having a face value of ₹1 representing upto…
Danfoss India’s electric kitchen offers blueprint for industry amid fuel crisis
As the government nudges institutional canteens to go electric, a factory in Oragadam near Chennai, which has been running a fully electric kitchen set up for two years now is…
Wipro bags $1 billion contract from Singapore’s Olam Group, to acquire arm Mindsprint
Bengaluru: Wipro Ltd has bagged a contract worth $1 billion over eight years from Singapore-based food processing company Olam Group, ending a nearly six-year lull of mega deals for the…
Big tobacco whistleblower says Meta, YouTube knowingly designed addictive products for children — ‘They expected to…’
A Los Angeles jury recently found that Meta and YouTube deliberately created addictive products to harm children. The trial, which was watched closely by Jeffrey Stephen Wigand, a biochemist who…