Oil prices SURGE as OPEC talks 'almost reach deal' after Iran asks for exemptions

It was previously reported that Iran was seeking exemptions from a planned cut in oil production, causing OPEC talks to reach a deadlock. It has since been suggested that OPEC and allies have...

Aditya Birla Group files copyright infringement suit against MP Birla Group

Mumbai: Aditya Birla Group-owned Grasim Industries and Ultratech Cement have accused Harsh Vardhan Lodha-controlled MP Birla Group of copyright infringement. In a suit filed in the Bombay High Court, the two companies said MP...

Cuadrilla halts fracking after biggest tremor yet at Lancashire site

Cuadrilla was forced to halt fracking at its shale gas site near Blackpool in Lancashire on Wednesday night after triggering the largest tremor recorded at the location. The tremor closed down operations at the...

Airtel to deploy Ericsson's 5G solution to boost network

Swedish telecom gear maker Ericsson on Wednesday signed a deal with Bharti Airtel to deploy its 5G-ready Cloud packet core in the domestic telecom major's network in the country. The deployment would enhance capacity...

Jet Airways receives bids from 5 companies, defers deadline for expressions of interests

MUMBAI: As many as five companies are said to have submitted expressions of interest (Eo-Is) in picking up stakes in Jet Airways that have been put on sale by lenders as part of...

Retailers' body is "cautiously optimistic" on implementation of FDI rules for e-commerce

KOLKATA: With the government tightening the rules for foreign direct investment in e-commerce sector, Retailers Association of India (RAI) is "cautiously optimistic" on its effective implementation. Department of Industrial Policy and Promotion (DIPP) under...

7% drop in sales not a crisis, we shouldn't play with lives of employees...

In a strong statement to Indian auto industry, managing director of Bajaj Auto Rajiv Bajaj today said industries should look at their own shortcomings before asking for any stimulus from the government. Industry...

41% milk samples of poor quality, 7% samples unfit to consume: FSSAI survey

NEW DELHI: In the first-ever survey on milk safety parameters, the top food regulator Food Safety and Standards Authority of India (FSSAI) discovered that about 41 per cent milk samples fell short of...

India's steel demand to increase post polls: World Steel Association

KOLKATA: Steel demand in India is tipped to show an above-7% in both 2019 and 2020 on sustained infra spends with the economy expected to achieve faster growth in the second half of...

WASTE2TRICITY: Innovation turns dirty plastic waste into clean fuel and electricity

The world’s first plant with the technology at the Protos site near Ellesmere Port in Cheshire is now at the planning approval stage and hopes are it will get underway in the new...