The deal includes Reliance Infrastructure's integrated business of Generation, Transmission and Retail Electricity Distribution
Vrde currently manages about $14 billion globally, and has invested nearly $500 million in India in the past five years
Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.
With RIL supplying about 47 per cent of the domestic petcoke production, current dynamics are bound to change.
According to current regulations, a company's buyback offer size cannot exceed 25 per cent of its paid up capital plus reserves
In 2010, R Power acquired 100 per cent economic interest in three coal mining concessions in Indonesia
Sources said Adani had not been able to tie up any financing for the coal project
'Aleris will bring in $3 billion of revenue. Novelis has $12 billion of revenues. If we add Hindalco's $6-billion revenue, then on a consolidated basis, we will become the world's largest aluminium company outside China.'
Mumbai Monorail was to be built in two phases - Phase I of 8.93 km and Phase II of 11.20 km. The first phase ran operations for around three years before services were abruptly halted, owing to a fire incident last year. The second phase now stands completed, but is lying closed.
The Wadia group-owned airline is building a new management team and putting in place strategies for efficient operations. Leading the change is Cornelis Vrieswijk, the airline's new chief executive officer.
Tuesday's bridge collapse once again puts the spotlight on the city's urban infrastructure and a dire need for its development.
While far from being a currency war, India does not have much of an option but to depreciate to accommodate its exports at a time when China shows its intent to let its currency depreciate.
Retailers, especially food and grocery chains, are clearly unhappy, saying the ban is impractical
On the other hand, the group's two traditional cash cows, TCS and Tata Motors' subsidiary Jaguar Land Rover, are slowing as other businesses pick up pace
Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?
Sanjeev Gupta of Liberty House, a global supplier of metals and engineering solutions, who has emerged front-runner for a number of stressed companies, plans to fund a string of companies through a mix of equity and debt.
According to data shared with the Lok Sabha, 19 road projects awarded after May 2014 were facing delays
The permission right now is for delivery only for stationary usage. This limits the service to those who operate units like diesel generation sets.
Siva group defaulted on payment in 2016 and is also facing CBI investigation
Nirma has jumped into the ongoing cricket spectacle - IPL - as the principal sponsor for the Virat Kohli-led Royal Challengers Bangalore to raise awareness and recognition for the cement brands it acquired after its purchase of the erstwhile Lafarge India's assets in 2016