Briefly Business: IMG to meet today on fate of 14 coal mines

IMG to meet today on fate of 14 coal mines

New Delhi: After recommending deallocation of eight blocks allotted to PSUs, the Inter-Ministerial Group (IMG) is likely to meet on Monday to decide the fate of 14 more mines allotted to public sector firms.

Uttam Galva acquires Lloyds Steel

new delhi: Uttam Galva group has acquired majority stake of about 58.35 per cent in ailing Lloyds Steel and plans to invest additional Rs 380 crore in the steelmaker to turnaround the company.

JLR, Chery Auto JV to set up unit in China

mumbai: Jaguar Land Rover and Chery Automobile are setting up a new manufacturing facility in China in a joint venture as part of a 10.9 billion renminbi investment plans.

Sebi to auction over Rs 10,000 cr debt

NEW DELHI: Enthused by growing interest of foreign investors in debt securities in the country, Sebi will conduct an auction this week for investment worth over Rs 10,000 crore by foreign investors.

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