S Gopalakrishnan elected as new President of CII

S Gopalakrishnan, Co-Founder and Executive Co-Chairman of Infosys, has been elected as the President of the industry body CII for the year 2013-14.He succeeds Adi Godrej, Chairman of the Godrej......

DLF strikes costliest land deal

DLF Ltd has paid a whopping Rs 1,675 crore (Rs 16.75 billion) for 38 acres of land in west Delhi to DCM Shriram Consolidated Ltd and the Lohia Group. This is the most expensive land deal in the......

Bumper crop to hit sugar mills

The sugar industry's fortunes are set to worsen with another anticipated bumper crop adding to the glut in the market. Analysts say sugar prices could fall 5-10 per cent, which, in turn, could see......

Swraj Paul's broker returns to haunt Shrirams

Last week, when Harish Bhasin, the Delhi-based stock broker, made an open offer for DCM Shriram Industries Ltd, he was back in news after almost 25 years. He had first shot to fame in 1983 as......