Amid reports of differences with the finance ministry over deployment of employees provident funds, the labour ministry has said the decision of EPFO trustees would be “final and supreme”. The finance

For the sixth year in a row, over 4.7 crore subscribers of retirement fund manager EPFO are likely to get 8.5 per cent interest on their deposits in the current fiscal. “EPFO’s apex decision-making bo

Tech Mahindra CEO, Mr Sanjay Kalra, has resigned from the company to pursue other interests, the company said in a statement on Friday. Mr Kalra was with Tech Mahindra for six years. Mr Vineet Nayyar,

Japanese car major Nissan on Tuesday said its Indian subsidiary has almost doubled the production of its small car Micra to 500 units per day in order to clear an order backlog of about 2,500 units.

ING Life India will infuse an additional capital of `227 crore this year. Its current infused capital is `1,200 crore. The fresh capital infusion, to be equally shared by the shareholders, will be for

State-owned National Fertilisers Ltd (NFL) on Tuesday said it has tied up with banks for financing its `3,850 crore urea expansions plan. NFL, the second largest producer of nitrogenous fertilisers in

Gati Ltd plans to buy companies in South Asia by 2010-11 (July-June) with proceeds from stake sale in shipping and real estate arms funding its acquisitions. “After we unlock value from the shipping a

State-run BHEL on Wednesday said it has commissioned a captive gas-based power station at a refinery in Oman. The 26-MW Gas Turbine Generator was put on stream at the Oman Refinery and Petrochemical p

Gayatri Projects on Wednesday said that it has raised `5,151 crore in debt to provide a standby corporate guarantee for subsidiary Thermal Powertech Corporation’s power project in Nellore. The amount

As part of its Rs 70,000-crore expansion programme, state-owned SAIL on Tuesday
commissioned a unit procured from Italy-based Danieli at its Rourkela Steel Plant. Steel Authority of India Ltd (SAIL)