Refrigerators, washing machines, ACs likely to cost more

Most analysts as well as company executives say the rally in commodity prices is ill-timed coming just when firms were recovering from disruptions such as demonetisation & introduction of GST......

EU accuses India of 'protectionism'

The European Union on Thursday raised a sharp concern over what it called 'rising protectionism in India' at the World Trade Organization. New Delhi has not adhered to the recent G-20 assurances......

Why Nirma's Lafarge deal makes sense

The deal augurs well for Nirma as it already has a cement plant in Rajasthan, and has been scouting for assets in Gujarat for a while. Ahmedabad-based diversified conglomerate Karsanbhai Patel-led......

Nirma cements $1.4-bn Lafarge India buyout

Ahmedabad-based firm to fund deal through equal amount of equity and debt. Nirma, the Ahmedabad-based detergent and soap maker, on Monday announced its acquisition of Lafarge India’s......