IL&FS sells environment biz to pare Rs 1,200 cr debt

Bankrupt Infrastructure Leasing & Financial Services (IL&FS) has sold the entire stake in the waste management arm IL&FS Environmental Infrastructure & Services (IEISL) and its subsidiaries to......

How the iconic Modern bread travelled from Chennai to Mexico

It was the first branded bread, launched more than half a century ago by the government. Sindhu Bhattacharya reports. Wrapped in blue and orange wax paper, it’s a familiar sight on the......

Maker of Modern Bread sold to Mexican baking major

Private equity player Everstone Capital has sold Modern Foods, which it had taken over in early 2016 from Hindustan Unilever, to Mexican baking major Grupo Bimbo for an undisclosed sum. Everstone......

Fine dining gets a taste of lockdown blues

Now they are reinventing their strategies to stay afloat, as they see no sign of recovery for at least six months. Illustration: Uttam Ghosh/Rediff.com India’s top restaurateurs have seen......

Lu Shanglei crowned World Jr chess champion

From left to right: Aniruddha Deshoande (Chairman, organising committee, World Junior Chess Championships), Venkatrama Raja (President AICF), girls' champion Aleksandra Goryachkina, former......

World Jr Chess: Shanglei, Yi lead Chinese charge

China’s Lu Shanglei and Wei Yi emphatically exhibited their rising chess prowess with convincing victories over Russians Vladimir Fedoseev, the top seed, and Mikhail Antipov, in the 10th......

World Jr Chess: Rout's winning run halted by top seed Goryachkina

Russia’s Goryachkina Aleksandra (left) and India's Padmini Rout during their eighth round match in the World Junior Chess Championships Padmini Rout’s unbeaten run was halted by top......

World Jr Chess: Narayanan shocks Polish GM Dragun

India’s S L Narayanan during his World Junior Chess Championships match against Polish Grandmaster Kamil Dragun. S L Narayanan, a regular visitor to Pune for the Maharashtra Chess League,......

World Jr Chess: Narayanan holds super GM Kampen to a draw

Sahaj Grover (left) and Santosh Gujrathi during their match at the World Junior Chess Championships in Pune. Lesser-known Indian players continued to impress, while the fancied struggled to......