The Times of India news headline

Tatas gun for $1-billion ‘revolver lines’ to fund European operations - Economic Times

Group advised to prepare a war chest of $5 billion, with $1.5 billion for “urgent requirements”.
Mumbai: Tata Sons is in talks with leading global banks to raise nearly a billion dollars to recapitalise some of its key businesses in Europe, said people aware of the discussions. Tata Sons, the holding company, may raise the amount through a revolving cred… Read Full news headline

Aurobindo Pharma share price surges 17% after FDA's VAI status for Hyderabad unit -

The US regulator determined the inspection classification of the company's Hyderabad unit as Voluntary Action Indicated (VAI), the company said in a filing to the exchanges.
The share price of pharmaceutical company Aurobindo Pharma surged 17 percent, hitting the upper circuit of Rs 594.60 per share on the BSE in the morning trade on April 21. The US Food and Drug Administration has determined the inspection classification of th… Read Full news headline

Sensex below 31,000, Nifty holds 9,000: 4 factors weighing on D-St -

The Nifty50 fell below the swing low of 9,091 recorded on April 17, which fuelled selling pressure. The next big support for the index is at 9,000-8,800.
Crude oil price crash, along with weak global cues, led to a sharp selloff in markets across the globe, including India. The S&P BSE Sensex fell more than 1,000 points in the morning trade to breach 31,000 on the downside though the Nifty50 was holding 9,… Read Full news headline

A hunt for any storage space turns urgent as oil glut grows -

A hunt for any storage space turns urgent as oil glut grows
By Devika Krishna Kumar and Jennifer Hiller NEW YORK/HOUSTON (Reuters) - The telephone lines have been ringing at Adler Tank Rentals in Texas as oil companies found a new use for steel tanks that had been left idle when shale producers stopped drilling - the… Read Full