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Ispat And Essar

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CBI files charge-sheet against Navabharat Power in coal-gate scam

 The Central Bureau of Investigation on Monday filed its first charge-sheet in a Delhi court in the coal blocks allocation case against Navabharat Power Pvt Ltd for allegedly misrepresenting facts......

Betting on India's growth, top steel firms in midst of big expansion plans

 On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. Photograph: Amit Dave/Reuters The......

What makes this loss-making steel co so attractive?

 Long products demand growth is expected to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road......

Bankruptcy: Creditors recover nearly half of total claims

 The total admitted claim of financial creditors of these 88 companies stood at Rs 1.3 trillion, of which they recovered Rs 65,635 crore. Illustration: Dominic Xavier/Rediff.com Of the total......

4 major debt resolution cases delayed further

 The delay will increase the provisioning burden on lenders and will also postpone the benefit of reversal of money set aside as provisions.  IMAGE: Essar Steel is among the four cases before......

Why are so many Indian tycoons heading for the door?

 So what’s up? Why are so many promoters heading for the door? It cannot be that all of them lost their appetite for a good fight at the same time. Illustration: Uttam Ghosh/Rediff.com Pick......

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