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Mint Explainer: Why Tata Steel is jittery about the UK election

Mint Explainer, June 12 -- Why is Tata Steel jittery about the UK election? Tata Steel Ltd, which owns the largest steel plant in the UK, is worried a new British government may not honour a £50... Read More


In a Conservative Pitch to Investors, Afcons says focus on high-margin EPC projects

Mumbai, June 11 -- Shapoorji Pallonji Group company Afcons is making a conservative pitch to prospective investors ahead of its initial public offering (IPO) with emphasis on sticking to its core stre... Read More


Reverse mergers gain ground on the expressway to public markets

Mumbai, June 11 -- Precision Containeurs Ltd, a publicly listed maker of steel and plastic containers, had been defunct for about a decade when it blipped on the radar of Daman-based East India Drums ... Read More


Broke cos open up an expressway to public mkts

mumbai, June 11 -- Precision Containeurs Ltd, a publicly listed maker of steel and plastic containers, had been defunct for about a decade when it blipped on the radar of Daman-based East India Drums ... Read More


Broke cos open up an expressway to public mkts

mumbai, June 11 -- Precision Containeurs Ltd, a publicly listed maker of steel and plastic containers, had been defunct for about a decade when it blipped on the radar of Daman-based East India Drums ... Read More


Hindustan Zinc to maximize silver production at the expense of zinc amid record rally

Mumbai, June 1 -- In an effort to capitalise on the rising prices of silver, Hindustan Zinc, India's leading producer of the precious metal, will maximize its output at the expense of zinc, the compan... Read More


Are Tata Steel's Europe operations close to a turnaround?

Mumbai, May 30 -- The bleeding UK unit of Tata Steel Ltd will start generating operating profit from the latter half of this financial year, managing director T.V. Narendra said, once its blast furnac... Read More


Tata Steel to invest $2.11 bn in Singapore unit to repay overseas debt, fund UK transition

New Delhi, May 29 -- Tata Steel Ltd will invest Rs.17,408 crore ($2.11 billion) in its Singapore unit, T Steel Holdings Pte Ltd, to fund the restructuring of its struggling UK business as well as repa... Read More


India's second-largest e-bus maker finds itself entangled in FAME allegations over likely use of Chinese parts

New Delhi, May 29 -- Did India's second-largest maker of electric buses use Chinese parts and wrongfully claim subsidies under the Union government's flagship scheme to promote faster adoption and man... Read More


Vietnamese steel, shoes and other imports get stuck in India's quality red tape

New Delhi, May 28 -- More than two dozen Vietnamese companies have been awaiting certification from the Bureau of Indian Standards for several months now, prompting Hanoi to raise the issue with the I... Read More