News digest: NTPC plant explosion, plush hotel rooms in sky, and more

From Piramal's race to buy Binani, Electrosteel to Suzuki CEO's concerns over India's electric push, BS brings you up to speed with latest news

Piramal Group in race to buy stakes in Binani Cement, Electrosteel Steels
The cash-rich Piramal Group is in the race to buy controlling stakes in Binani Cement and Electrosteel Steels after their lenders asked India’s top conglomerates to bid for distressed assets that have been referred to the National Company Law Tribunal (NCLT) following default on bank loans. Read more
 
NTPC blast toll reaches 29, families of victims look for bodies and answers
Hamidullah Khan (41) is one of the five brothers who fell victim to the massive explosion that happened at the 500-Mw newly commissioned unit at NTPC’s Unchahar plant. Of the five, three have died and two are critically injured. Hamidullah has left four kids and no earning member. Read more

 

Suzuki CEO worried over India's electric push despite sales boom
A sudden move to electric cars in India, which is considering electrifying all vehicles over the next 15 years, could catch Japan's Suzuki Motor Corp out in its largest market. Read more
 
Singapore Airlines unveils plush hotel rooms in the sky
In the battle to fill their seats with high fliers, the world’s top airlines are rolling out evermore luxurious options for top-tier travellers. Singapore Airlines on Thursday unveiled its first major overhaul of cabins in its double-decker Airbus A380, with an emphasis on space — and double beds. Read more

 
Walmart fires up realty play in India
Walmart India is planning a threefold increase in the pace of opening stores by 2020. It plans to open 50 new stores by 2022 to take the total store count to 70. Read more