Company says confident of raising funds; to raise Rs 688 crore by February-end.
The details of the project are yet to be worked out by the two companies.
This flagship Starbucks outlet will have place for upto 150 people.
Forced to cut prices by 2-3% due to cheaper imports from Japan, Korea and China
With locals protesting against Hindalco's move to mine Mali Parbat, the contractor who was working on making the mine operational has left.
Apple Inc is likely to unveil the latest iteration of its blockbuster iPhone, the iPhone 5 today
While fuel costs have risen 20%, prices of finished output have fallen
The European unit has a total steelmaking capacity of 18 million tonnes.
Despite NMDC raising iron ore prices by 10%, major steel firms say they will follow suit if demand increases
Welspun Maxsteel, wholly owned subsidiary of the $3-billion Welspun Group, has kept its proposed steel factory plan in Maharashtra on hold due to the shortage of raw material and energy. The delay in environment clearances has also forced the company to keep the project in abeyance for now.
May take Rs 1,000-crore hit to re-route country's longest slurry pipeline
Transfire XP brings the first chat and instant-messaging application with real-time, translated text. With Transfire XP, you can now chat with each other in real-time without any language barrier.
The 32 GB tablet will come for Rs 15,990 and the top end tablet of 64 GB will be sold at Rs 24,490.
Last Friday, the Supreme Court in a ruling allowed auction of 1.5 million tonne of iron ore a month.
The trust has got the government's approval to set up a fifth terminal at the port. The terminal, which will have a capacity of 8-10 million cubic metre, is likely to cost JNPT Rs 20,000 crore (Rs 20 billion).
According to data available on the website of World Steel Organisation, only eight steelmakers produced over 20 million tonne (mt) steel in 2009 with ArcelorMittal, leading at 77.5 mt.
Earlier this month, the high court asked Sesa Goa and JSW Steel to re-bid.
Prior to Rio Tinto's $3.9-billion offer for Riversdale in December 2010, Tata Steel had 24.4 per cent stake in the company, now at over 26 per cent.
Four years after buying Novelis, a company three times its size, Hindalco is now banking on the Atlanta (US)-headquartered aluminium rolling and recycling major to fund its Rs 23,000-crore expansion plan in India.
After 15 months of negotiations, the Aditya Birla Group has finally agreed to buy out the US firm Columbian Chemicals Company (CCC) for $875 million from One Equity Partners, the merchant banking arm of JPMorgan Chase. This has catapulted the group to become the world leader in carbon black with a combined two million tonne annual production.
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