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Avantha Group

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Keen to reduce debt, banks get tough with large borrowers

The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end. Alarmed by the losses of Rs 15,000 crore (Rs 150 billion)......

Adani group takes a gamble on growth

Acquisition of stressed infrastructure assets has pushed Adani group's debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy, says Jyoti Mukul. IMAGE: Adani chairman......

India Inc on a clean up drive, to shut loss-making businesses

Companies big and small are shedding businesses that they no longer need or can't afford to keep, says Shailesh Dobhal. Image: Corporate houses including the Tata Group are exiting businesses that......

Sensex ends in green; GDP data awaited

Markets ended marginally higher on Thursday amid a rally in late trades with information technology shares leading the gains following the expiry of November derivative contracts. Volumes were......

Why is Tata losing out to rivals in steel, auto and power

Image: Ratan Tata (R) and Tata Group Chairman Cyrus Mistry attend the launch of a new website for tech superstore Croma in Mumbai.Photograph: Vivek Prakash/Reuters With Adani Power......

Qatar Master: Chowrasia impressive on last day as Lawrie wins tit

SSP Chowrasia fired four birdies on the back nine as he recovered from an early triple bogey to finish tied 47th after carding two-under 70 in the final round of the Qatar Masters, in Doha, on......

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Coming to India and making

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