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Prabal Banerji

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  • Business

M&M to reduce debt below Rs 600 cr

Mahindra and Mahindra Ltd will reduce its debt below the Rs 600 crore (Rs 6 billion) level in the next financial year and is planning to ramp up production of the sports utility vehicle Scorpio to......

JSW Group's Sajjan Jindal bets $4.5 bn of his wealth on Ambuja Cements

The chairman of the JSW Group of companies, Sajjan Jindal, whose stake in the group is valued at $14.5 billion (Rs 1.1 trillion), is betting $4.5 billion of his personal fortune in the firm’s......

BPCL, ONGC pip Reliance in overseas fundraising

BPCL and ONGC raised $4.9 billion in 2016-17 against $1.65 billion raised by Reliance Thanks to aggressive acquisition of oil assets abroad, government-owned BPCL and ONGC are set to overtake......

Yuan devaluation to hit firms with foreign loan exposure

With devaluation of the Chinese currency and the consequent fall in the rupee, many Indian companies with dollar debt exposure are a worried lot. Analysts say the cost of dollar loans for such......

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