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Factory owners, landlady were aware premises was vulnerable to fire: Police chargesheet in Alipur blaze that killed 11

According to the 250-page chargesheet filed by Delhi Police, the owners continued operating the “illegal unit” despite being aware of the risk.

Shipping Tribune

Asia Gold: Record price rally takes toll on India demand; China premiums firm - Markets

Physical gold demand in India remained tepid this week as a blistering rally in domestic prices put off buyers,.

NV Distilleries and Breweries hopes to expand to Zimbabwe halted

NV Distilleries and Breweries has been denied a US$125 million loan request from the Reserve Bank of Zimbabwe (RBZ).

Indian Distilleries and Breweries hopes to expand to Zimbabwe halted by RBZ

The company, which is led by Indian businessman Ashok Jain, was reported in local press to want the loan to assist in creating a large-scale sugarcane ethanol production project in Zimbabwe. The RBZ’s decision reportedly follows Jain’s recent legal troubles in India as well as NV Distilleries initially making a request for a US$100 million…