KOLKATA: Sponge iron manufacturers are paying up to 80% premium to secure most of the long-term fuel supply contracts being offered by Coal India, according to a senior executive of the state-run mining company.The contracts are being secured through an auction mechanism handled by MSTC where the highest bidder wins. ...
After majorly disrupting the telecom market with freebies and cheap data, Mukesh Ambani's Reliance Jio is going to unleash another weapon— Fiber to the home (FTTH). It is expected to disrupt the segment of home broadband services now. It is likely to offer an attractive combo of fast broadband connectivity ...
MUMBAI: Even though there are less than a million paid subscribers of Netflix in India, the top honchos at the American over-the-top (OTT) video service see great potential in the Indian market, which is why the company has made its highest investment in local original production in India.“It is the ...
Kunal Bothra, independent market analyst, is bullish on these two stocks which he says can be picked for a short to mid term and even on a long-term basis.Edited excerpts: Should we read a lot into Friday's rebound? Can it sustain or do you think on Monday morning, it ...
The monsoon has covered the entire country, 17 days ahead of its normal onset date, the India Meteorological Department (IMD) said on Friday.
General Motors India which exited the domestic market last year has broken into making operational profit on the back of strong export orders, a testimony to the Indian government's Make in India programme. For the American carmaker which set up a manufacturing base in the country in 1996, several attempts ...
India and the US today welcomed a global terror financing watchdog demoting Pakistan to a 'grey list' for underperforming in rooting out sources of finance for terrorists within its borders and for not taking enough - or any, at all - action in curbing activities of terror elements who roam ...