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RCOM gets 7 months for debt servicing; to cut liabilities by 60%

Mumbai, June 2 (IANS) Reliance Group Chairman Anil Ambani on Friday said lenders had granted Reliance Communications a seven-month “standstill” on debt servicing, adding he was confident of reducing liabilities by 60 per cent with…





India’s tea production at new high in 2016-17

Kolkata, June 2 (IANS) India’s tea production touched a new high in 2016-17, reaching 1,250.49 million kilogram — an increase of 1.41 per cent over the corresponding year-ago figure, the Tea Board said on Friday….








Tata Motors’ May sales down 4%

New Delhi, June 2 (IANS) Automobile major Tata Motors on Thursday reported that its total sales for last month fell by four per cent to 38,361 units from 40,123 units sold in May 2016. According…