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Tata Steel confirms 1,000 job cuts in UK as talks with workers kick off

The job cuts had been announced by the Indian steel major last week as part of a wider transformation programme as it blamed ongoing losses and continued global headwinds faced by the steel industry. from Moneycontrol Business News https://ift.tt/2OS509f

Karvy Stock Broking indulged in activities that were never allowed, says SEBI chief Ajay Tyagi

Tyagi#39;s comments come days after SEBI banned Karvy, with immediate effect, for selling client stocks pledged with it through associated entities. from Moneycontrol Business News https://ift.tt/2KYpiNo

Hyundai Motor to invest $1.5 bn in Indonesia factory

The deal comes as Seoul looks to diversify its trade-dependent economy, the world#39;s 11th largest, away from reliance on traditional partners China and the US. from Moneycontrol Business News https://ift.tt/2snP0Vf

BPCL stir on Nov 28 | Other PSU unions may participate to present a united front against privatisation

The strike will continue for multiple days if privatisation is not reconsidered, Praveen Kumar P, general secretary of Cochin Refineries Employees Association (CREA) said from Moneycontrol Business News https://www.moneycontrol.com/news/business/bpcl-stirnov-28-|-other-psu-unions-may-participate-to-presentunited-front-against-privatisation_13219861.html

Govt hikes authorised capital of FCI to Rs 10,000cr

The decision would also help the FCI, the government#39;s nodal agency for procurement and distribution of foodgrains, in reducing its debt and interest cost. from Moneycontrol Business News https://ift.tt/35vxj4e

ARSS Infrastructure bags Rs 281cr road project in Arunachal Pradesh

"A work order of Rs 281,11,62,900.00...for construction of two-lane road of Potin to Pangin section of NH-13... in the State of Arunachal Pradesh...has been awarded," the company said in a filing to BSE. from Moneycontrol Business News https://ift.tt/2rxtqNC

This winter, there is a good reason to buy an air-conditioner

ACs will be offered at almost 30 percent discount due to inventory pile up and poor sales in 2019. from Moneycontrol Business News https://ift.tt/2XQfoT6