Tata Power to sell ships for $212.76 million
The objective of the transaction is to have an asset-light model for the shipping requirements of the company and the sale proceeds will be used towards reducing the debt as … Read More
Category: Industries
Biocon, Mylan get U.S. FDA approval for insulin glargine injection
It will increase access and affordability of insulin for millions of Americans with diabetes. Semglee, a drug for diabetics, co-developed by Mylan and Biocon Biologics, has secured U.S. FDA approval … Read More
Can coffee growers deploy MGNREGA workers?
Labour alone accounts for up to 60-70% of the total cost of production Professional services firm Ernst & Young LLP has suggested coffee growers avail the services of MGNREGA workers … Read More
Telecom tariffs still unsustainable: Airtel
Telco hopeful that ARPUs will rise Even though the telecom industry has witnessed some ‘repairs’, more needs to be done on tariffs which are still ‘unsustainably low’, Gopal Vittal, MD … Read More
Criteria for ‘medium’ units to be revised
Companies with up to ₹50-crore investment, ₹200-crore turnover will come under this classification Days after changing the definition of MSMEs, the government has decided to further revise the criteria for … Read More
Automobile majors resume partial operations
India’s largest automaker Maruti Suzuki to restart vehicle production at Manesar plant from May 12 Royal Enfield, TVS Motor Company, MRF and Apollo Tyres resumed operations at their manufacturing facilities … Read More