Funding from banks for capital market players has become highly restrictive with the recent squeeze in liquidity and the interest rates charged have also sharply increased.
When the news of steel baron LN Mittal getting into the energy sector without his Indian exploration and production partner, Oil and Natural Gas Corporation surfaced, there was much speculation about whether the alliance was on the verge of a break-u
Bharat Petroleum Corporation lans to invest around Rs 6,000 crore (Rs 60 billion) in the exploration and production business over the next few years.
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The corporate sector and banks will henceforth have the onus of deciding the fate of their debt for tax treatment, with their decision binding on the department, going by a recent order of the Mumbai tribunal.
Some banks are camouflaging their lending to small, unknown real estate developers to skirt stringent capital adequacy and provisioning requirements.
The group has lined up close to a dozen projects, which will take the company's installed capacity to around 18,000 mw.
'Depreciation should be claimed on original book value, not after revaluation'.
The Securities and Exchange Board of India proposes to levy fee on stock exchanges.
Putting aside the plan for setting up a greenfield refinery in the state, Cairn Energy India, in a joint venture with ONGC, is planning to build a 500-km pipeline to evacuate crude oil from the Mangala, Bhagyam, and Aishwarya fields.
Oil and Natural Gas Corp, the biggest player in the country's crude oil exploration and production business, is planning to invest around Rs 9,000 crore (Rs 90 billion) in phase two of the redevelopment of Bombay High.
With the free market in nuclear fuels becoming accessible, India is poised to add a demand for 1,300 mt of uranium to a market already facing a tight supply situation.
Funds for capital recast of rural credit societies
Exposure to commercial projects under lens.
The list of international and national companies in queue to tap the business opportunities arising out of the Indo-US nuclear deal is pretty impressive.
An internal study by the Reserve Bank of India is understood to have found out that most of the foreign exchange inflows into India from non-resident Indians and portfolio investments are emanating from tax-haven countries.