Market recovery on the cards in 2014 as investors are likely to chase higher yields
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Lenders to Kingfisher Airlines, led by State Bank of India, had moved courts to get residual rights over these shares after Srei recovered the collateral from the defunct Kingfisher Airlines, making it difficult for Srei to sell the shares, said a legal source.
Returns on capital harder to sustain as debt levels rise; responsibility for this invariably of firms themselves
A slow but steady economic uptick can be seen in various segments of the economy. India's economy expanded 4.8 per cent in the second quarter, higher than the preceding quarter's 4.4 per cent.
The company and its sister concern, Forever Precious, owe close to Rs 5,500 crore.
In the quarter ended September, the company's employee costs rose to an all-time high of Rs 1,580 crore (Rs 15.8 billion), even as company's margins took a beating.
Bankers claim they have received good response to the roadshows held abroad for Coal India, IndianOil and PowerGrid.
Many members of ministry panel give dissent note on clause; no clarity yet on whether it will apply to existing shares or new ones.
The agency would probe whether Sibal had shown undue favour to RIL.
Mumbai police chargesheets billionaire-builder Chandru Raheja for cheating, breach of trust; Rahejas call it pressure tactic, say Wadia plea was thrown out by Supreme Court
Lenders, with Rs 600-cr exposure to telco, want it to sell properties to repay loans.
Aditya Aluminium project ready but clearances still stuck for mine
Spectrum is critical for Tata Tele because in some circles, Rajasthan for example, it has spectrum only in 60 per cent of the geography, while allocation for the rest has yet to come from the government.
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According to media reports, CBI is looking into the entire process at the then NDA government and has asked for information from the mines ministry.
Firm makes Rs 4,858-crore loss on Rs 10,799-crore income.
The Land Acquisition Bill, passed by Parliament last month, will either make projects unviable or expensive for large infrastructure or real estate projects.
We dance on every small achievement and forget the long-term objectives: Ajit Gulabchand, MD, Hindustan Construction Company.
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Indian households put bulk of savings in bank deposits and insurance; the returns are minimal. If you're part of this, change.
Liability goes up by Rs 1,000 cr for every Rs 1 change in $ exchange rate
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