Chennai,  South Korean tech giant Samsung will set up a compressor plant at an outlay of Rs 1,588 crore near here, a senior group official said on Tuesday.

Spread over 22 acres, the new plant will have a capacity to make eight million units per year.

The compressors produced at the new pla

New Delhi,  Pipavav Shipyard, the largest drydock in India owned by R-Naval, is currently undergoing NCLT driven debt resolution process.

Swan Energy, in consortium with Hazel Mercantile Limited, is one of the two Resolution Applicants shortlisted by the Resolution Professional of R-Naval. Swan Energy, o

New Delhi,  Margins of poultry industry are expected to contract sharply in FY22 amid the high input costs, rating agency ICRA said.

Prices of soybean and maize, the two key inputs that are used as livestock feed in the poultry industry, are rising sharply.

"We expect industry margins

New Delhi,  Bharti Enterprises' vibrant real estate arm Bharti Realty has upgraded the parking system of its world class office and retail hub - Worldmark, Aerocity, New Delhi.

Bharti Realty has upgraded its parking system to a Smart Parking solution wherein; the entire ingress and egress to the buildings

New Delhi,  Union Finance Minister Nirmala Sitharaman on Tuesday said that the GST Council should not be politicised as it is a body in which every finance minister from every state sits in and decides on how the disbursements happen.

While intervening during the question hour in the Rajya Sabha on the i

New Delhi,   In an environment of high uncertainty, it would be prudent for bond market investors to avoid excessive credit and interest rate risk, Quantum Mutual Fund said in a report.

"We suggest bond fund investors to have a longer holding period to ride through any intermittent turbulence i

New Delhi,  Pandemic induced financial stress has triggered an upswing for India's state-run pension scheme, the National Pension System (NPS), which is expected to enrol around a million new subscribers by the end of FY22.

Besides, not only did the scheme buck the Covid-19 downtrend in subscribers e

New Delhi, The Enforcement Directorate (ED) on Tuesday said that it has provisionally attached assets worth Rs 1.52 crore, in connection with a prevention of money laundering case registered against ex MLA and Biju Janta Dal Leader Anam Naik and others for possession of assets disproportionate to his known sources of income.