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Basic Materials Headlines

Face of Tata group to change in next decade, Ratan Tata says

The face of salt-to-software conglomerate Tata will change in the next 10 years as it moves forward with adopting new technologies and responds to the needs of a fast-growing nation, former chairman Ratan Tata said in a CNBC TV18 interview on Wednesday.

Alibaba-backed Best Inc jumps in debut

Shares of Best Inc, a Chinese logistics firm backed by Alibaba Group Holding Ltd, rose 15 percent in market debut on Wednesday, a day after the company slashed its expected price range to stoke investor demand.