CEOs expect populist measures in the Budget, to help the poor and marginalised, who make up for the largest section of voters.
JSW Steel is learnt to have submitted its resolution plan along with AION Capital
'He was sought after because he delivered.' Ishita Ayan Dutt profiles Tata Steel's new boss.
The recent amendments to the IBC practically barred promoters from re-acquiring their own assets, leaving only a small window to convert their non- performing assets into standard assets by paying the overdues.
In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. A new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies.
China Development Bank takes Reliance Communications to NCLT over loan default
Essar group, Bhushan Steel and JSW group likely to be impacted by changes
No new capacity addition is planned for 2018 and capital expenditure plans are on hold
Piramal will join the JSW, Vedanta and Tata groups, which are bidding aggressively for distressed assets, especially in the infrastructure and steel sectors.
The corporate sector took production cuts, conducted inventory management and reduced staff to meet challenges following the govt's note ban decision
Launched this April, the FCG business will end the year with a turnover of Rs 500 crore
ArcelorMittal could be interested in Bhushan Steel or Essar Steel, two of the five steel companies referred by RBI for insolvency proceedings.
As the BJP snaps at its heels, can the Communists stay relevant in the electoral game?
'Today, moviegoers are in the 13 to 33 age bracket.' 'If people like us have to remain relevant, we have to make movies that cater to them,'
'Last year, someone told us you must remove 's' otherwise you won't perform well and we didn't perform well.' 'Obviously, that's not the reason for not performing well, but it didn't hurt us to remove the 's'.'
The BJP doesn't want to focus entirely on an anti-Mamata campaign.
Srei Infrastructure's vice-chairman -- and former Assocham president -- Sunil Kanoria discusses the Kanoria businesses and his impression of the Modi government with Ishita Ayan Dutt and Namrata Acharya.
Funds will be raised via non-cumulative preference shares issued to Tata Sons on rights basis
With 13 properties on board, The LaLit is now keen to take its hospitality school -- The Lalit Suri Hospitality School -- in Faridabad, Haryana, to the next level.
While UltraTech Cement has been the biggest value creator adding nearly Rs 99,000 crore to its market capitalisation, Grasim Industries has added around Rs 27,000 crore to its market cap.
