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Issue in two months for Australian projects; group to invest another $15 billion in infrastructure projects by 2020.
The two companies have approached banks to raise up to Rs 8,000 crore as debt to fund their expansion plans.
Some investment bankers expect the Indian currency to touch 60-65 by the end of the year
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Three PSUs, three private firms join bid to acquire 40% stake in Haldia Petrochem.
SBI says recovery process on as no court stay yet.
While international players may get the same pay, domestic players may face a cut.
Many top firms have had to write down their investments, as the value of those have collapsed due to sluggish biz conditions.
CEOs point fingers at rural job guarantee and related govt welfare schemes; say mechanisation an increasingly viable option.
Lack of time was cited as the main reason for Bharti Chairman Sunil Mittal's exit from the Unilever board.
Merchant bankers appointed to explore options on merger or stake sale in Tata Teleservices.
Firms meet huge redemption pressure after deducting money from principal amount.
However, foreign investors have completely shunned the infrastructure sector.
Bharti was talking to Standard Chartered Bank and Citibank, among others, to manage the issue.
These companies gave annualised returns of 11% on an average in the last five years, while shareholders of family-owned companies saw 5% annualised erosion
30 per cent of all movies made in Tollywood are produced by chit fund companies.
70 per cent of the total ad market in the state was driven by these companies.
These companies may recall loans in extreme cases; loan-to-value ratio stands at 60% but scrap value at 75%.
A day after about 1,200 media persons from Saradha Group media entities lost their jobs in West Bengal, the state government extended a helping hand. On Wednesday, government officials are set to meet these employees to try and find a resolution to the issue.
Stockists and dealers have been charging more since early March.
These trusts hold 66 per cent stake in unlisted Tata Sons, the holding company of the $100-billion Tata group of companies.
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