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22 January, 2018 9:42 AM HSIL sets up plumbing pipes manufacturing facility in Telangana

Sanitary-ware maker HSIL said today it has ventured into the household plumbing pipes segment. A manufacturing facility for plumbing pipes was inaugurated yesterday at Isnapur in Sangareddy district near here. The company spent Rs 160 crore for setting up the facility and aims to add an income of Rs 800 crore from the plumbing pipes segment to the firm's 16

22 January, 2018 7:12 AM Expect FY19 revenue at around Rs 150 crore: HOEC

Hindustan Oil Exploration Company (HOEC) posted a good set of earnings in Q3 with strong revenue and margin growth. Production from Assam added to revenues and bottomline. In an interview with CNBC-TV18, P Elango, MD of HOEC spoke about the results and his outlook for the company. It has been a great quarter both in terms of volumes as well as in price 22

20 January, 2018 3:40 PM KEF Infra to divest 30% to fund expansion

Plans to raise ₹2,000 cr. for building plants at Mumbai, New Delhi, Hyderabad The promoters of KEF Infrastructure India Pvt. Ltd., a Dubai-based precast concrete manufacturer, would be divesting 30% stake to private equity (PE) investors to part finance a ₹2,000-crore expansion programme, said a top official. “Currently, we are in talks with a PE [investor] 26

20 January, 2018 2:39 PM ARS Steels to invest ₹40 cr. in expansion

Will start exporting to neighbouring countries soon ARS Steels and Alloy International Pvt. Ltd., a producer of high quality steel products, has drawn up a ₹40-crore modernisation and expansion plan to increase production capacity at its Gummidipoondi plant, according to a top executive. “We will double the capacity of furnaces from 1.2 lakh tonne to 2.5 lakh tonne 43

19 January, 2018 2:05 PM Government to allot 11 mines to Coal India Ltd, says Piyush Goyal

The government today said it has decided to allot 11 mines to Coal India Ltd (CIL) which will add about 225 million tonnes (MT) to the state-owned firm's annual production capacity by 2022. CIL has a target to produce 1 billion tonne coal by March 2020, up from around 600 MT projected in the current fiscal. "The government has decided to allot 11 coal mines 26

19 January, 2018 8:39 AM Petrol, Diesel Price Go Up Further. Latest Rates In Top Cities

Domestic petrol and diesel prices are mostly determined by global crude prices, the dollar-rupee exchange rate and government taxes. Petrol and diesel prices continued to rise on Friday amid rising global crude oil rates. Petrol prices were hiked by 14-15 paise per litre in Delhi, Kolkata, Mumbai and Chennai while diesel rates increased by 19-20 paise 37

19 January, 2018 4:30 AM It’s double celebrations for Roshni Sahota and Kuldeep Singh!

The Shakti — Astitva Ke Ehsaas Ki (Colors) actress, Roshni Sahota and Vighnaharta Ganesha (Sony TV) actress, Kuldeep Singh partied together to celebrate the latter’s birthday yesterday. "Kuldeep and I are not only good friends but also own a production house in partnership called, Pravah Entertainment. We have number of successful short films produced 43

18 January, 2018 4:09 PM Petrol prices reach Rs 71.56 per litre in Delhi, highest in last three years

New Delhi: The rise in Indian basket of imported crude oils pushed the petrol price in the national capital to Rs 71.56 a litre on Thursday, its highest level in over three years. According to data from Indian Oil Corp, the previous high for petrol prices in the national capital was Rs 73.60 reported on July 1, 2014. As per the daily revision of fuel prices 26

18 January, 2018 7:50 AM Volkswagen says studying electric vehicle market closely

German auto major Volkswagen is monitoring electric vehicle scenario in India and will be ready with its range of products for the country as soon as the market is ready, a company official has said. “Volkswagen Group is studying the developments on electric vehicles in India closely ... As and when the Indian market is ready for electric vehicles, the company 17

17 January, 2018 7:43 PM CAMPCO to launch four variants of premium chocolates on Jan. 21

Central Arecanut and Cocoa Marketing and Processing Cooperative Ltd. (CAMPCO) will launch its premium chocolate products at a function in Puttur on January 21, according to its president S.R. Satishchandra. Addressing presspersons here on Tuesday, he said that the new amenity building on the premises of its chocolate factory at Puttur will be inaugurated 36