Edition:
United States

Promit Mukherjee

Wave of refinery shutdowns may push India into importing fuel next year

Nov 27 2018

NEW DELHI/MUMBAI A wave of shutdowns will hit Indian state-owned refineries next year as the country prepares for cleaner fuels from April 2020, company officials said, in moves that could temporarily dent oil demand and push up imports of refined fuels.

Tata Sons only in preliminary talks with Jet Airways about a deal

Nov 16 2018

MUMBAI/ABU DHABI Indian conglomerate Tata Sons Ltd said on Friday it is in preliminary talks with struggling Jet Airways Ltd but has not made a proposal to acquire a stake, cooling speculation that a deal was imminent.

Tata Sons says in preliminary talks with Jet Airways around a deal

Nov 16 2018

MUMBAI, Nov 16 Indian conglomerate Tata Sons Ltd said on Friday it is in preliminary talks with Jet Airways Ltd and has made no proposal to acquire a stake in the debt-laden carrier, cooling speculation that a deal was imminent.

Karnataka may cancel NMDC's Donimalai mine lease in levy dispute

Nov 16 2018

NEW DELHI The government of Karnataka on Friday warned NMDC Ltd that it will cancel the lease of its Donimalai iron ore mine if the state-owned miner refuses to pay an additional levy on the sale of its ore.

Indian state may cancel iron ore mine lease to NMDC - Karnataka mining secy

Nov 16 2018

NEW DELHI, Nov 16 The government of India's Karnataka state has warned NMDC Ltd that it will cancel the lease of its Donimalai iron ore mine if the state-owned miner refuses to pay 80 percent premium on the sale of ore.

India's steel giants to focus on product mix, quality to take on ArcelorMittal

Nov 14 2018

MUMBAI India's two biggest private sector steel companies JSW Steel Ltd and Tata Steel Ltd are banking on their diversified product mix to take on steel giant ArcelorMittal SA as it gears up to enter the country.

India's steel giants to focus on product mix, quality to take on ArcelorMittal

Nov 14 2018

MUMBAI, Nov 14 India's two biggest private sector steel companies JSW Steel Ltd and Tata Steel Ltd are banking on their diversified product mix to take on steel giant ArcelorMittal SA as it gears up to enter the country.

RPT-Air India operations director stopped from piloting flight after failing breath tests

Nov 11 2018

MUMBAI, Nov 11 A senior pilot who is also director of operations for Air India, and has had responsibility for flight safety and training, said he was told by the carrier he failed two breathalyzer tests on Sunday before a flight to London from New Delhi.

Air India operations director stopped from piloting flight after failing breath tests

Nov 11 2018

MUMBAI A senior pilot who is also director of operations for Air India, and has had responsibility for flight safety and training, said he was told by the carrier he failed two breathalyzer tests on Sunday before a flight to London from New Delhi.

IL&FS submits plan for revival to company tribunal

Oct 31 2018

MUMBAI The new board of India's Infrastructure Leasing and Financial Services (IL&FS) submitted a plan to revive the debt-laden firm to a company law tribunal on Wednesday, paving the way to a potential resolution of the group's future.

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