POSCO's Finex plant to come to India

Last Updated: Wednesday, March 25, 2015, 20:00

World's fourth largest steel firm Posco will shift its first Finex plant to India from Pohang in South Korea.

Pipavav to become top defence manufacturer: Anil Ambani

Last Updated: Sunday, March 8, 2015, 19:09

Within days of acquiring controlling stake in Pipavav Defence and Offshore Engineering, Reliance Group chief Anil Ambani Sunday said he will make it the country's biggest defence manufacturer.

Reliance Infra acquires Pipavav Defence for up to Rs 2,082 cr

Last Updated: Wednesday, March 4, 2015, 19:52

In the biggest deal in the defence sector, billionaire Anil Ambani-led Reliance Infrastructure Wednesday announced acquisition of controlling stake in Pipavav Defence and Offshore Engineering for up to Rs 2,082.3 crore.

Old-economy sectors are now tech, too: US study

Last Updated: Tuesday, March 3, 2015, 00:48

Forget about old economy and new economy. Everything is now part of the tech economy, a prominent US research panel said Monday.

Engg exporters unhappy over move to replace credit refinance

Last Updated: Monday, February 16, 2015, 17:57

A section of exporters have expressed displeasure over the RBI's decision to replace export credit refinance facility with the provision of system level liquidity from February 7, saying this will discourage banks to disburse credit when the key lending rate falls.

Punj Lloyd posts net loss of Rs 148 crore in Q3

Last Updated: Friday, February 13, 2015, 22:39

The company had posted a net profit of Rs 1 crore for the corresponding quarter of the previous financial year, Punj Lloyd said in a statement.

Siemens to slash 7,400 jobs

Last Updated: Thursday, February 5, 2015, 21:46

According to two sources cited in the report, the job reductions may be announced as early as this week.

Sebi asks Servotech promoters to make offer to buy more shares

Last Updated: Sunday, January 25, 2015, 10:57

Sebi has directed promoter group entities of Servotech Engineering Industries to make public announcement for acquiring additional shares in the company from shareholders, and pay them 10 percent interest along with the consideration amount for delay in making the offer.

Avijit Ghosh ceases to be Director in Hindustan Copper

Last Updated: Tuesday, January 6, 2015, 16:01

Ghosh has been in the post since June 1, 2010.

Cyient acquires 74% stake in Rangsons Electronics

Last Updated: Friday, January 2, 2015, 13:18

The all cash transaction will strengthen the company's end -to-end capabilities in integrated engineering design and production, Cyient said in a statement.

L&T bags contracts worth Rs 2,521 crore in Dec

Last Updated: Tuesday, December 30, 2014, 17:11

Engineering firm Larsen & Toubro (L&T) Tuesday said it bagged contracts worth Rs 2,521 crore in its building and factories business in both domestic as well as international markets this month.

Sebi fines 2 entities in Onelife Capital IPO

Last Updated: Friday, December 26, 2014, 17:17

Sebi has imposed a fine of Rs 10 lakh each on Fincare Financial and Consultancy Services and Precise Consulting & Engineering for failing to furnish documents sought by the regulator in the matter of Onelife Capital Advisors' IPO.