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Independent directors reject Essar Energy's delisting move

The Ruia family’s efforts to make London-listed Essar Energy private received a severe blow on Monday, with a five-member independent board committee rejecting the move. The committee said......

Sistema to scale down India exposure

Just a day after telling news agency Bloomberg it was prepared to spend "billions this year in India if the government ensures security of our investment", Russian conglomerate AFK Sistema told......

Stanchart to raise 1.8 bn pound via rights issue

The UK-based financial services firm Standard Charteredsaid on Monday it will raise 1.8 billion pounds through a rights issue to tackle the economic downturn.The company on Monday announced a 1,779......

Vedanta scraps recast plan

Barely two weeks after announcing what it called a mega-restructuring plan, London-listed Vedanta Resources, India's largest diversified mining group, has scrapped the proposal.The company cited......

Indian realty firm plans London listing

Riding high on the recent success of pure-play real estate biggies in the Indian capital market, another realtyfirm is taking one step further by aiming to list on London Stock Exchange to raise......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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