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'The Ashokan rock edicts are a marvel of history'
'The ideas carved into the rock articulate an important -- if often suppressed and denied -- impulse in Indian history: A call to mutual respect of different beliefs, and to persuasion as opposed......
Keen to reduce debt, banks get tough with large borrowers
The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end. Alarmed by the losses of Rs 15,000 crore (Rs 150 billion)......
Pain abroad to continue for Crompton Greaves
Financial year 2013 was turbulent for Avantha Group major Crompton Greaves. It reported a loss of Rs 36 crore (Rs 360 million), the first such negative result in 10 years. Subdued demand, weak......
India Inc asset sales peak in 2016, Essar tops list
The sale of Essar Oil was India’s biggest deleveraging exercise undertaken by any debt-heavy group The sale of Essar Oil and related infrastructure to Rosneft and other partners has created......
Adani group takes a gamble on growth
Acquisition of stressed infrastructure assets has pushed Adani group's debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy, says Jyoti Mukul. IMAGE: Adani chairman......
Debt hurdle for Adani's buying spree
Power company leads with loans of Rs 49,129 crore (Rs 491.29 billion); ports owe Rs 19,000 crore (Rs 190 billion); Australian mining project could suffer, say analysts The Adani group has......
Rupee slump costs India its biggest golf tournament
A currency slump and slowing economy have cost India its biggest golf tournament after sponsors pulled out of the country's only European Tour event on Thursday. The Avantha Group, which......
Qatar Master: Chowrasia impressive on last day as Lawrie wins tit
SSP Chowrasia fired four birdies on the back nine as he recovered from an early triple bogey to finish tied 47th after carding two-under 70 in the final round of the Qatar Masters, in Doha, on......
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