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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.
For FY14, the first full year of the law's implementation, the spend could go up to nearly Rs 8,700 crore (Rs 87 billion), given that India Inc's profitability has grown at a compounded 7.5 per cent annually in the past three years.
Firm makes Rs 4,858-crore loss on Rs 10,799-crore income.
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Bigger and broader indices do relatively poorly as investors get selective; experts see opportunity if scrips chosen with care.
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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Else, more capital outflow and pressure on rupee likely.
Liability goes up by Rs 1,000 cr for every Rs 1 change in $ exchange rate
This could mean an end to the talks for a possible partnership between the two firms in the multi-brand retail space -- less than a year after 51 per cent foreign investment was allowed in the sector.
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Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
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Senior company officials said the funds would be used to expand its financial services business in rural India where the group would be opening more branches.
M-cap of 35% of BSE-500 companies, excluding financial ones, is below their debt or just a shade above
The mood at the Indian Institute of Management, Ahmedabad (IIM-A) is festive, with one of its alumnii, Raghuram Rajan taking over as the next Reserve Bank of India (RBI) governor.
In the last two months, these stocks have lost nearly a quarter of their market cap.
In the last two months, these stocks have lost nearly a quarter of their market cap.
RIL, Essar, Adani have sounded bankers to raise funds abroad in the coming weeks
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
Crisis of growth is worsened by the challenging global environment and policy missteps. Returning to 9 per cent growth trajectory will be a tall order.
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