Adani buys Lanco's Udupi power plant for Rs 6,000 cr

Adani Power has bought Hyderabad-based Lanco Infratech’s Udupi power plant at an enterprise valuation of Rs 6,000 crore (Rs 60 billion).  While Adani will take over the plant’s Rs......

Facebook has company in India

Investors in many Indian companies would have a sense of deja vu after Facebook's public issue turned into a Wall Street debacle. For, over the past five years, Indian markets have been witness......

Markets end higher led by rate sensitives

Benchmark share indices ended marginally higher on Tuesday led by rate sensitive shares after India's headline inflation for January 2012 which fell to a 2-year low of 6.55% may prompt Reserve Bank......

Money Matters aided 4 builders raise Rs 5,000 crore!

Money Matters Financial Services, whose managing director and two top executives were arrested by the Central Bureau of Investigation in relation to real estate scam, did a debt syndication for at......