However, a final decision will have to be approved by the Supreme Court, which is hearing the issue. India’s power ministry has proposed pushing back the deadlines for adoption of new emission norms by coal-fired power plants, saying "an unworkable…
Read MoreCoal India set to diversify into non-coal mining areas in 2021
CIL may also go ahead with one billion tonnes agenda. State-owned Coal India Ltd (CIL) is set to diversify into non-coal mining areas as well as make major investments in clean technology in 2021 after demand for the dry fuel…
Read MoreCommerce Ministry for extension of anti-dumping duty on carbon black used in rubber industry
The directorate has recommended two duties, USD 494 per tonne for imports coming from China and USD 36.17 per tonne from Russia. The finance ministry takes the final decision to impose this duty. The Commerce Ministry has recommended for extension…
Read MoreIndia challenges Vodafone arbitration ruling in Singapore: sources
However, the Union Finance Ministry is yet to respond India has challenged in a Singapore court, the international arbitration tribunal verdict that overturned its demand for ₹22,100 crore in back taxes from Vodafone Group Plc, sources said on Thursday. An…
Read MoreGovt. to spell out production linked plan for autos soon: Goel
Heavy Industries Secretary says Ministry finalising details with stakeholders The Heavy Industries Ministry is engaged in close coordination with stakeholders on the Production Linked Incentive (PLI) scheme which also covers the automobile sector, and hopefully it will be rolled out…
Read MoreAphria, Tilray Merger To Create The Largest Cannabis Company
Canadian cannabis companies Aphria Inc. (APHA, APHA.TO) and Tilray, Inc. (TLRY) said Wednesday they have agreed to combine their businesses and create the world’s largest global cannabis company based on pro forma revenue. Shares of Aphria are rising more than…
Read MoreFiserv To Acquire Ondot Systems For Undisclosed Financial Terms – Quick Facts
Fiserv Inc. (FISV), a financial services technology solutions provider, said Wednesday it has agreed to acquire Ondot Systems, Inc., the provider of a digital card services platform for financial institutions. Financial terms of the transaction, which is expected to close…
Read MoreWorst over for CVs: Vinod Aggarwal
Decline in truck sales volume has stopped, says VECV CEO The worst is over for the commercial vehicle (CV) sector, which expects to witness a good recovery in the coming year, said Vinod Aggarwal, CEO of VE Commercial Vehicles (VECV),…
Read MoreHCL’s Roshni tops list of India’s richest women
Shaw leads list of self-made women HCL Technologies chairperson Roshni Nadar Malhotra, with a net worth of ₹54,850 crore, tops the Kotak Wealth Hurun list of India’s wealthiest women. Trailing her is Biocon’s Kiran Mazumdar-Shaw with a net worth of…
Read MoreLivaNova To Sell Heart Valve Business; Sees Charge In Q4
LivaNova PLC (LIVN), a medical technology and innovation company, announced Thursday an agreement to sell LivaNova heart valve or HV business to healthcare investment firm Gyrus Capital. Under the deal, entities funded and controlled by Gyrus will acquire the HV…
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