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Road sector alone saved Rs 3 trillion worth of loans: Gadkari

Gadkari, who handles key infrastructure-related portfolios, said there is no problem with the road sector at present and money is not an issue anymore. As banks work overtime to resolve dud loans......

Why Apollo Global is lending to stressed cos in India

The year 2013 was a dream run for US-based Apollo Global Management. The fund made a killing when it sold its stake in chemical firm LyondellBasell – earning close to a billion dollars for......

Pledged shares haunt promoters

Pradeep Jain, chairman of Delhi-based Parsvnath Developers, must be a worried man. Share prices of his firm have halved in the past five sessions, wiping off Rs 750 crore (Rs 7.5 billion) of its......

Budget: Rural electrification gets a boost

Over the past few quarters, the power sector has seen hard times given the severe liquidity crunch that hit existing as well as new projects. And as such, the sector once again saw capacity......

Stocks you could hold, buy or sell

As a direct fallout of Tuesday's UPA win in parliament, the Sensex soared above 800 points in the final trading sessionon Wednesday. The Sensexopened high and scaled greater heights as trading......

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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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