The Aditya Birla group has slammed rating firm Moody's for placing Novelis, the group's aluminium products subsidiary, in line for a possible downgrade to default.
.jpg)
Gold companies have started reducing production. This implies that gold prices will not go on a free fall anytime soon
Ironically, bad loans and non-performing assets are on the rise in public sector banks in India, say sector watchers.
Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007
Worried over the fallout of the Supreme Court's observations on allocation of coal blocks, India Inc wants the apex court to consider a reprieve for those allotted to genuine companies that have invested billions.
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.
.jpg)
With uncertainty looming large over Indian markets, retail investors can increase their exposure to US funds.
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.
In January 2008, the Sensex hit then all-time high of 21,207 (closing high of 21,004 was achieved in November 2010).
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.
.jpg)
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.
Department seeks investor database on the suspicion of fictitious investors.
Firm makes Rs 4,858-crore loss on Rs 10,799-crore income.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances