'JSPl in business of selling steel, not steel plants'

'JSPl in business of selling steel, not steel plants'

Monday, 31 July 2017 | Madhusudan Sahoo

After successfully commissioning India's largest blast furnace at Angul steel plant in Odisha, Naveen Jindal, Chairman of Jindal Steel & Power limited (JSPl) tells Madhusudan Sahoo in an exclusive interview about the steel's supply-demand balances on domestic equations, global dynamics, steel pricing, GST impact, turnaround of JSPl and its future...

'Infosys can be 10 times as large as it is today'

Monday, 31 July 2017 | PTI | Bengaluru

Infosys Co-Chairman Ravi Venkatesan on Sunday said that the company could be 10 times as large as it is today if it could execute well to harness advances in digital and machine learning. “There is a huge opportunity to use advances in digital and machine learning - and all these areas....

Snapdeal to send Flipkart's proposal to shareholders this week

Monday, 31 July 2017 | PTI | New Delhi

Snapdeal is likely to send Flipkart’s $900-950 million buyout proposal to its shareholders this week to seek their views on the plan, according to sources. The Board wants to get the shareholders’ opinion on the proposed deal, two people aware of the developments said. The company will share details of the buyout...

Turning around Tata Motors domestic biz need of the hour: Chandrasekaran

Monday, 31 July 2017 | PTI | New Delhi

Tata Motors Chairman N Chandrasekaran has said turning around domestic business of the company is “the need of the hour” as it has suffered from delays in new product launches, lack of adequate response to competition and an unsustainable cost structure. Addressing shareholders in the company’s Annual Report 2016-17, he said...

RBI policy, Q1 results to drive markets this week, say experts

Monday, 31 July 2017 | PTI | New Delhi

RBI’s monetary policy review, macroeconomic data points and quarterly earnings would set the stock market trend in an eventful week ahead, say experts. “Upcoming RBI’s monetary policy and ongoing June 2017 quarter earnings will drive the market sentiment this week,” said Vijay Singhania, Founder-Director, Trade Smart Online. Major companies scheduled to announce...

Pak to elect new PM tomorrow

Monday, 31 July 2017 | PTI | Islamabad

Pakistan’s parliament will elect a new Prime Minister on Tuesday to replace the ousted premier Nawaz Sharif. The Supreme Court on Friday disqualified 67-year-old Sharif for dishonesty and ruled that corruption cases be filed against him and his children over the Panama Papers scandal, forcing the embattled leader out of office. President...

'Shehbaz may nominate son to succeed him as Pak Punjab CM'

Monday, 31 July 2017 | PTI | Lahore

Punjab Chief Minister Shehbaz Sharif, who is set to succeed his brother Nawaz Sharif as the Pakistan Prime Minister, may nominate his son Hamza Shahbaz as the new head of the second largest province of the country, according to a media report. According to sources at Pakistan Muslim league-Nawaz (PMl-N), however,...

Very disappointed with China on N Korea: Don

Monday, 31 July 2017 | PTI | Washington

US President Donald Trump has accused China of doing nothing on North Korea and said he was “very disappointed” with Beijing, a day after Pyongyang launched an intercontinental ballistic missile test. Trump also said he will no longer allow North Korea to continue with its belligerent behaviour. “I am very disappointed in...

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