Drought, pests set to cut India's sugar output by almost 3 million tons

Persistent dry weather and pest attacks are set to cut India’s sugar output from a record this year even after farmers in the world’s second-largest producer increased plantings. Production may total 28.9 million metric tons in the year that began Oct. 1, according to SGS SA, a researcher hired by Bloomberg to survey farmers during September and October in the […]

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14 stocks gain over 30% in a week;PC Jeweller,Dhanlaxmi Bank surge over 60%

A sharp turn in mid and small-cap index stocks have seen the market price of 14 companies rally more than 30% during the current week, taking cues from falling oil prices, strengthening of the rupee, strong inflows from domestic mutual funds and easing of US-China trade war fears. PC Jeweller, Dhanlaxmi Bank, Reliance Communications, Adani Power, Bombay Dyeing & Manufacturing […]

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#MeToo: Here's How Google protected Andy Rubin, the 'father of Android'

Google gave Andy Rubin, the creator of the Android mobile software, a hero’s farewell when he left the company in October 2014. “I want to wish Andy all the best with what’s next,” Larry Page, Google’s chief executive then, said in a public statement. “With Android he created something truly remarkable — with billion-plus happy users.” What Google did not […]

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Essar's CoC approves ArcelorMittal's acquisition of Essar Steel

ArcelorMittal on Friday announced that the Committee of Creditors (CoC) to Essar Steel India Limited (ESIL) has voted in favour of the company's acquisition. ESIL's resolution professional (RP), on behalf of the CoC, has issued the company with a Letter of Intent (LOI) stating that the company has been identified as the successful applicant. The resolution plan, as disclosed by […]

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