NuMetal offers Rs 37,000 cr for Essar Steel, wants second round of bids opened; ArcelorMittal opposes move

NuMetal offers Rs 37,000 cr for Essar Steel, wants second round of bids opened; ArcelorMittal opposes move

Russia's VTB Capital-based NuMetal Ltd told the company law appellate tribunal, NCLAT, that it has offered over Rs 37,000 crore for Essar Steel in the second-round of bidding, which should be opened and the highest bidder be selected from it

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IBM's Weather Company, Times Bridge ink pact for climate updates :

IBM's Weather Company, Times Bridge ink pact for climate updates :

IBM’s The Weather Company has entered into a strategic alliance with Times Bridge, the international investments and partnerships arm of The Times Group, to provide up-to-date weather information and localised forecasts on the digital edition o

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Aditya Birla Capital's 2 firms apply to NCLT for merger

Aditya Birla Capital's 2 firms apply to NCLT for merger

Aditya Birla Capital Ltd (ABCL) said today that two of its units are in the process of merging and they will file application before the Ahmedabad bench of NCLT for integration.  In a regulatory filing, ABCL said: "Aditya Birla Money Lim

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Walmart’s Flipkart Buy Is a great Deal for Consumers

Walmart’s Flipkart Buy Is a great Deal for Consumers

Call it optimism of the will if you like, but India’s growth story sells. By investing $16 billion in India’s biggest online retailer Flipkart, US retail giant Walmart Inc. is betting on an exponential growth in India’s middle class

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