The Tata group company is one of the frontrunners in the race to buy this key business from Johnson Matthey, the people said, requesting anonymity. A deal could be struck at a valuation of $500-700 million, they added.
“Johnson Matthey's battery materials and solutions have been accepted globally for many decades, especially in geographies where Tata Motors operates, one of the two people said.
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Warmer day, colder night for Capital, Met predicts some respite by Jan-end
A day after recording the city's coldest January day in nine years, the maximum temperature rose by 4-5°C in most parts of Delhi on Wednesday even as "cold day" and "severe cold day” conditions prevailed in many areas.
Pragati Maidan tunnel by Feb 15, if cold abates soon
Construction work on the 1.2km-long Pragati Maidan tunnel project and six underpasses under the integrated transit corridor development plan for Pragati Maidan is expected to be completed by February 15, government officials overseeing the key infrastructure project said.
India coach blames AFC for dashing team's hopes
Women's team coach Dennerby says Asia's apex football body was unprofessional in dealing with Covid outbreak in the squad
More beds free up in Capital , fewest admitted with Covid-19 since Jan 10
Covid-19 hospitalisation in the national capital is at an over two-week low amid a downturn in the city's infection tally and active case count, shows data from the Delhi government, which doctors across the city's health care facilities said is an indication that the fifth wave of the pandemic in the city is well under control.
Grandeur marks 73rd R-Day
India ushered in its 73rd Republic Day on Wednesday in the shadow of the Covid-19 pandemic with an imposing display of its military strength and rich cultural diversity.
Few admissions during 5th wave question need for ongoing curbs
NEW DELHI: At no point since cases of Covid-19 began surging in the Capital this year has the hospital bed occupancy rate been beyond 20% of capacity, data released by the Delhi government every day shows. At its peak, the city recorded 43 deaths in a day on Thursday-of these, only three could be directly linked to Covid-19 alone, the city's health minister Satyendar Jain said on Friday.
UK PM Johnson faces police inquiry over lockdown parties
British police will investigate alleged lockdown breaches at Prime Minister Boris Johnson's Downing Street residence after receiving evidence from an internal government probe into a series of gatherings.
Imam lambasted ideas of democracy, secularism in his speeches: Delhi court
JNU student Sharjeel Imam "lambasted" the Constitution, and the ideas of democracy and secularism, a Delhi court said while framing charges of sedition and under the Unlawful Activities (Prevention) Act against him for giving alleged inflammatory speeches at Aligarh Muslim University and Delhi's Jamia Nagar area while addressing the anti-Citizenship Amendment Act (CAA) protesters.
Six things to look out for in today's R-Day parade
The 2022 iteration of the Republic Day Parade will showcase India's rich history alongside that of the progress made in the 75 years since the country's Independence. A look at the what will be on display during the parade today - from a grand fly-past of 75 aircraft, to a new Central Vista, to tableaux that display India's diversity.
Now Ambedkar, Bhagat Singh photos at offices of Delhi govt: Kejriwal
All Delhi government offices will have photos of only Dr BR Ambedkar, the architect of the Constitution, and Bhagat Singh, the revolutionary freedom fighter, Delhi chief minister Arvind Kejriwal announced on Tuesday, adding that no photos of any political leaders will be hung from now on in these establishments.