Cement prices were on a path of ascension until March 2019. This trend continued until the companies had to roll back the hike to a certain extent in the northern and southern regions due to subdued demand.

In a desperate attempt to rescue the cash-strapped Jet Airways, the beleaguered airline's lenders are formulating a revival plan through a change in its management.

Larsen & Toubro Ltd. (L&T) has entered into a definitive agreement to acquire the shares of Mindtree Ltd.

Jaguar Land Rovers (JLR) voluntarily recalled nearly 44,000 cars in the UK as they were emitting higher than certified levels of carbon-dioxide (CO2) emissions.

The Board of Directors held a meeting today in which they approved the proposal for buyback of approximately 16,37,500 fully paid-up equity shares of the company with a face value of Rs. 10 each for an aggregate amount not exceeding Rs. 262 crore.

India is likely to raise prices of domestic natural gas for the 4th consecutively time. This will bolster the earnings of the producers of natural gas.

The prospects of the cement industry in India seem to be mixed with their fair share of positives and negatives in 2019. This outlook is shared by two major cement players, namely – ACC Ltd. and Ambuja Cements Ltd.

In its endeavour to combat the issue of shortfall in tax revenues, the Government of India is pursuing cash-rich public sector undertakings such as Indian Oil Corporation (IOC) and Oil and Natural Gas Corporation (ONGC) to pay a second interim dividend.

India’s second largest telecom company, Bharti Airtel Limited reported in an exchange filing that GIC Pte, acting in concert with the Government of Singapore and the monetary authority, will subscribe to shares worth Rs. 5,000 crore in its proposed rights issue.

The construction arm of Larsen & Toubro bagged several distinguished contracts for its Buildings & Factories, Metallurgical & Material Handling and GeoStructure business segments.