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Cfo Isaac George

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RBI makes debt recast norms more stringent

The Reserve Bank of India on Thursday said all loans recast after April 1, 2015, should be classified as non-performing asset.Also, from June 1, the provisioning requirement for fresh standard......

Govt admits it bloated Jan IIP data from 1.1% to 6.8%

Official data collection is proving to be a minefield.The government on Thursday formally admitted it had faltered on industrial growth data for January by overestimating sugar production more than......

Financial jitters for GVK-Hancock deal

GVK Power and Infrastructure's multi-billion dollar acquisition of Hancock Coal is facing last-minute jitters, as lenders financing the deal are scaling down their exposure.According to two......

We are targeting 10,000Mw in 5 years: GVK CFO

Hyderabad-based GVK Power & Infrastructure Limited is a leading infrastructure development company with experience and expertise spanning areas such as power, airports, roads, mining and urban......

Inflation: India Inc feels the sting

Rising interest rates are forcing companies, big and small, to either defer projects, go slow on expansions or raise money from alternative sources.For instance, Mumbai-based steel-maker JSW has......

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