India's UltraTech Cement will buy an 8.69% stake in Star Cement , it said on Friday, in a deal that could be valued at up to 8.51 billion rupees ($100 million) and firm its leading position in the sector.

UltraTech Cement has approved acquiring around 8.69% stake in Star Cement for up to Rs 851 crore. UltraTech's board agreed to purchase up to 3.70 crore shares at ₹235 per share plus additional charges.

"The Board of Directors of the company at its meeting held today considered the proposal and approved making an investment to acquire non-controlling minority stake up to 3.70 crore equity shares of Star Cement at a price not exceeding Rs 235 per share,

India’s former Prime Minister Manmohan Singh, widely regarded as the architect of India’s economic reform program and a landmark nuclear deal with the United States, has died. He was 92. Singh was admitted to New Delhi’s All India Institute of Medical Sciences late Thursday after his health deteriorated due to a “sudden loss of

India’s former Prime Minister Manmohan Singh has died at the age of 92, according to statement from the All India Institute of Medical Sciences (AIIMS).

India announced seven days of state mourning on Friday after the death of former prime minister Manmohan Singh, one of the architects of the country's economic liberalisation in the early 1990s.

India's Bharat Petroleum Corp plans to invest $11 billion in southern Andhra Pradesh state for a new refinery and petrochemical project to meet rising fuel demand in the world's fastest-growing major economy,

Indian oil and gas firm Bharat Petroleum Corporation (BPCL) has chosen Andhra Pradesh as the location for a new oil refinery-cum-petrochemical complex, which may be India's final greenfield project as the country progresses towards net-zero emissions.

BPCL said its board accorded its approval to commence pre project activities for setting up of a greenfield refinery cum petrochemical complex in east coast at Andhra Pradesh at an estimated cost of ₹6,