Tono Group has launched a new division, Retro Development. The name Retro, a shortened version of the word retrofit, reflects its focus on investing in blighted or undervalued properties and revitalizing them. Retro’s first project is the $2 million renovation of 436 W. James St. into offices for Tono Group ... Read More »
MUMBAI: Tata Group on Wednesday said it has sold its Urea business, part of Tata ChemicalsBSE -0.59 % to Pune-based Yara Fertilizers India for a consideration of Rs 2670 crore. “The board has agreed for the transfer of the business of sale and distribution of Urea and customized fertilisers, manufactured ... Read More »
– A report calling for European scrutiny over a pipeline slated to run through southern Europe is riddled with inaccuracies, a gas pipeline consortium said. A report this week from the non-governmental organizations Re: Common and Counter Balance called on European financial organizations to avoid writing blank checks to the ... Read More »
The Adani group has started construction on India’s first trans-shipment port – an intermediary port that allows container ships to offload before their journeys end, Reuters reported. The Indian government will give the Adani Group a grant of Rs 1,600 crore for the project, which it hopes will bring in ... Read More »
Anesthesia eases the pain of millions of children who must have surgery every year, but parents who are worried about the safety of these medications should talk to their anesthesiologist about their fears, experts advise. “Particularly in infants and toddlers, surgery is only recommended when necessary for the child’s health, ... Read More »
Embattled Indian tycoon Vijay Mallya’s UB Group has denied allegations that it used 4.3 billion rupees ($65 million) of bank loans to now-defunct Kingfisher Airlines to buy property overseas. Mallya, a liquor baron and lawmaker, has been at an unknown location since March 2 after Kingfisher’s creditors stepped up pressure ... Read More »
Australia’s Macquarie Group Ltd (MQG.AX) shed close to 15 percent of its U.S. investment banking workforce this month to replenish its ranks with star performers in North America, according to people familiar with the matter. The action comes as other international banks reconsider their U.S. investment banking strategy. Earlier this ... Read More »
PHILADELPHIA, Sept. 8 — Using telemedicine — a variety of technologies to work with patients who do not come into the office — has grown in recent years, leading the American College of Physicians to release recommendations on the benefits and risks of the practice. The group said that several ... Read More »
ABERDEEN, Scotland, April 4 —British oil services company Wood Group said it was given a contract extension by a Middle East company to continue operations in the North Sea. The Abu Dhabi National Energy Co., known also as TAQA, extended a contract for Wood Group by two years. “Under the ... Read More »
The deal will help JP Associates reduce its debt, which runs into thousands of crores of rupees Debt-ridden Jaiprakash Associates on Thursday announced the part sale of its cement business to the Kumarmangalam Birla-led Ultratech for Rs 15,900 crore, marking the biggest consolidation in the cement sector. However, the size ... Read More »
MUMBAI: At least two employees at Tata Group firms earn more than their chairman, Cyrus Mistry . In the financial year ended on March 31, 2015, Tata Consultancy Services CEO N Chandrasekaran was paid Rs 21.28 crore, compared with Rs 16.25 crore Mistry earned in commission, salaries and other allowances, ... Read More »
WASHINGTON, March 29 — With seismic testing tied to the oil and gas sector continuing in the Atlantic, an advocacy group called on Washington to make good on clean-energy pledges. The U.S. Bureau of Ocean Energy Management announced consent for the first-everwind energy research facility offshore Virginia this week. The ... Read More »
