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Jindal Steel's $2.1-bn project gets Bolivian boot
After months of bickering and verbal volleys, the $ 2.1-billion (Rs 11,550 crore) Bolivian project of Jindal Steel and Power Ltd (JSPL), the most ambitious overseas steel project of an Indian company, is now officially stalled, thanks to differences between the Bolivian government led by Leftist President Evo Morales and the Naveen Jindal-promoted steel maker. Confirming the development, Sushil Maroo,

Chinese manufacturers to visit WB foundries
Howrah, West Bengal, May 23 (IBNS) The fraternity of foundry-men from the industrial belt of West Bengal's Howrah town, who recently visited China, said it came back with a vision of optimum modernization and move forward towards a common goal of foundry development, collectively.

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Chinese company to buy US movie theater chain AMC

A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date.

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Chinese company to buy US movie theater chain AMC

A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date.

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US giving Israel $70 million more for Iron Dome
The U.S. plans to give Israel the extra $70 million that Jerusalem asked for this year for short-range missile defense, officials said Thursday.

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Sponge iron units in consolidation mode

With the availability of iron ore remaining low, the Rs 65,000-crore sponge iron industry is moving towards consolidation. Sponge iron, also called Direct Reduced Iron (DRI), is used in the

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