Court removes Harsh Vardhan Lodha from MP Birla group cos

The court’s directions mean that Lodha immediately ceases to hold all positions in the M P Birla group, including as director in the firms and other positions in the trusts and societies of......

Harsh Lodha reappointed director in Birla Corp despite panel's rejection

Nearly 98% of shareholders vote in favour of his reappointment and payment of remuneration to Lodha. Illustration: Dominic Xavier/Rediff.com Harsh Vardhan Lodha has been reappointed on the board......

Manufacturing sector hits a virtual standstill

Factories are shutting down owing to a shortage of labour and raw materials, and a lack of logistical support amid the ongoing nationwide lockdown against the coronavirus pandemic.  IMAGE:......

India Inc's borrowing cost to go up marginally

The new norms on external commercial borrowing are expected to push up borrowing cost by 50-75 basis points. But Indian companies are confident that expansion plans will not be affected much in......