Government likely to impose antidumping duty on chemical imports
Government is expected to impose anti-dumping duty of up to $149 per tonne on imports of a chemical used in coating industries from five countries including Singapore, European Union and the US.
The move is aimed at protecting the domestic industry from cheap in-bound shipments of 'Normal Butanol or N-Butyl Alcohol' from these countries.
Crompton Greaves fixes record date as 16 March for Demerger
Crompton Greaves has fixed record date at 16 March 2016 for entitlement of the Crompton Consumer Electrical shares.
Wipro collaborates with Wind River to showcase Cloud Technologies
Wipro has collaborated with Wind River to Showcase Carrier Grade Cloud Technologies
Wipro announced the successful demonstration of the VEVATO™ framework on Wind River Titanium Server.
Wind River Wipro’s VEVATO™ framework is a verification and validation tool used for testing of the enterprise and telco cloud.
IDBI Bank to raise Rs1500 crore by preferential issuance
IDBI Bank to raise Rs1500 crore by preferential issuance of shares to LIC at Rs53.44 per share (5% discount to CMP).
United Spirits surges after Vijay Mallya resigns as Chairman
Shares of United Spirits surged over 3% to Rs2750 on NSE on reports that the Vijay Mallya has resigned as the Chairman of United Spirits.
Liquor baron Vijay Mallya has agreed to give up his chairmanship and board position at India's top spirits company United Spirits Ltd, ending months of acrimony with the company's new owner Britain's Diageo Plc.
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