RPL case: Sebi fines RIL, Mukesh Ambani

Regulator Sebi on Friday imposed penalties on Reliance Industries Ltd, its chairman and managing director Mukesh Ambani as well as two other entities for alleged manipulative trading in the shares......

Debt exposure remains a big risk for infra king Gautam Adani

Unlike RIL, the Adani group has not yet brought in any big stakeholders to refinance debt or expand. Recently, the SB Adani Family Trust, representing the promoters, announced that it was pledging......

Govt clears Wipro proposal to set up SEZ in Andhra

The government has approved the proposals of Wipro Ltd and Mumbai Futuristic Economic Zone to set up special economic zones in Andhra Pradesh and Maharashtra. The decision regarding this was taken......

Govt to relax SEZ land norms soon

The ministry of commerce and industry would soon announce relaxed land-related norms for special economic zones to arrest the slackening pace of growth in these tax-free zones by making certain......