International retail majors Metro and Carrefour will compete in the cash-and-carry space in the eastern part of the capital, just a few kilometres from each other. While French retailer Carrefour

Dow Chemical Co hoped an Olympic sponsorship would boost its global cache, but the company's link to a gas leak tragedy 28 years ago threatens to curb some of the benefits from the $100 million

South Korea's Samsung Electronics Co, the world's biggest maker of televisions, is shifting its focus towards new generation OLED display technology, and said it will spin off its loss-making LCD

A recent trend of shortage of labour in Punjab has gifted multinational firms in the harvesting sector the prospect of exploring business possibilities in the state which is considered as the

The year 2011 was supposed to be one when economies like India and China returned to the high growth rates clocked before 2008. Instead, the Eurozone slipped into a sovereign debt crisis and the

The over Rs 50,000-crore diversified Shriram Group is entering the cement industry by acquiring a majority stake in Andhra Pradesh-based cement manufacturer Sree Jayajothi Cements Limited (SJJC) by

Pride Group of Hotels, which owns a chain of upscale mid-market and business hotels is in advanced stages of negotiations for setting up a series of new properties, which will see an investment of

The state-run Heavy Engineering Corporation (HEC), Ranchi, has made a breakthrough in manufacturing a CNC deep hole boring machine indigenously at its heavy machine tools plant (HMTP) for the

Automobile makers posted a strong third-quarter performance, thanks to Tata Motors’ strong volume growth overseas. The sector showed 28 per cent and 18 per cent growth in net sales and net

The steel sector was hit badly due to slowdown in infra projects, high interest rates and falling capex. Domestic steel prices were stable due to fall in supply from Karnataka region which accounts