The cabinet has approved state-run Neyveli Lignite Corp's proposal to set up 1,980 megawatt power project in Uttar Pradesh, Ambika Soni, Information and Broadcasting Minister, told reporters on

India's 60,000 barrels-per-day (bpd) Numaligarh refinery will close next week after a planned maintenance was brought forward due to a fire at one of its secondary units over the weekend, a company

Aviation companies plan to join hands for importing aviation turbine fuel (ATF) in a bid to bring down their fuel bills.

Luxury carmaker Audi plans to announce the acquisition of Ducati next week, two people familiar with the matter said, in a deal likely to rev up its long-standing rivalry with BMW in superbikes.

Private-equity funds including Carlyle Group and Sequoia Capital are in separate talks to invest about $40 million to $50 million in JSM Corp, which operates the Indian franchises of Hard Rock Cafe

Stocks of cement manufacturers fell on rumors that Competition Commission of India's (CCI) ruling on alleged cartelisation by companies is expected shortly, with a negative verdict likely to hurt

DreamWorks Studios, the film company headed by director Steven Spielberg, will get around $200 million from its partner Reliance Entertainment to continue making films, according to a person with

Economists are not upbeat on the prospects of a revival in industrial growth anytime soon, due to the dismal pace of reforms and certain Budget provisions. This is despite a Federation of Indian

Outgoing army chief General V K Singh's arguments against the Kolos Tatra are, in fact, nothing new for the government. For, the Comptroller and Auditor General (CAG) had, a dozen years ago, spoken on