Foreign lenders to Enron Corp's $2.9 billion stalled Dahbol power project said on Thursday they had launched arbitration proceedings in a London court to recover their loans and exit from the Indian project.
Offshore lenders to bankrupt Enron Corp's $2.9 billion Indian power plant in Dabhol want to terminate the power purchase agreement with Maharashtra State Electricity Board, a statement from a consultant of the banks said.
In a recently published report the New York Daily News said that mega American companies like Microsoft Corp, General Electric and American Express are moving thousands of customer service call-centre jobs to India.\n\n\n\n
Government-owned companies are more generous in rewarding their shareholders with dividends.
New Delhi has missed its target for partial privatisations for the past five years
These sectors are seeing a marked slowdown, as consumers are postponing purchase decisions amid uncertainty and severe cash crunch, report Ram Prasad Sahu, Sheetal Agarwal & Ujjval Jauhari from Mumbai.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Mahindra & Mahindra is in talks to buy a majority stake in Pininfarina.
Govt may not announce any new concessions in excise duty
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
8 CEOs on the list are female, and they far outpace the median pay for the Equilar 100 as a whole
While many promises remain unrealised, power reforms and the creation of tens of millions of new bank accounts have helped Modi maintain his popularity
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Reserve Bank of India Governor Raghuram Rajan took charge of India's central bank when the rupee seemed to be in a tailspin while the country was facing runaway inflation.
SoftBank's investments in the past two years include $627 million in online-retailing marketplace Snapdeal and leading a $210 million funding round in taxi-hailing app Ola Cabs.
This would make India the world's second-biggest nuclear energy market after China
If investors still have appetite to buy shares in one of the region's most expensive markets, Coal India might stack up.
The challenges of transition to stricter emission norm BS-VI from BS-IV and compliance to new safety norms thereby making vehicles costlier are lurking around the sector.
The death toll is feared to rise with women and children casualties in the deadly blast.
The president's moves will make it easier for entrepreneurs to work in the United States
Tokyo has mostly delivered on that hope, despite some early teething problems.
This is yet another large energy deal for Warren Buffett in the western United States.
Combined net profit estimated to grow 14.6% year-on-year, against a 5.7% decline in the Dec 2015 quarter
India and US on Wednesday night signed a new strategically important 10-year defence framework agreement setting the stage for co-development and manufacture of defence equipment.
The Indo-Japanese nuclear deal may not come easy considering India's Civil Nuclear Liability Act provisions which had earlier put off suppliers like General Electric, says Debalina Ghoshal.
These refineries, commissioned mostly in the 1950s and 1960s during India's early industrialisation push, are inefficient and costly to maintain compared to their modern counterparts on the coast mainly operated by private companies.
A simple guide to find out India's best commuters, from among Bajaj CT 100, Hero MotoCorp HF-Dawn, TVS Sport, Yamaha Crux and Mahindra Pantero T4.
From Dabur to HUL, here are 10 stocks with significant rural exposure in the auto, agri-chemical and fast moving consumer goods sectors, which should see an uptick in sales growth.
It expects the Indian market to grow to 10 million units annually by 2030 and it intends to control half the market then, like it does now.
'Everybody says 5G and communication is important.' 'Everybody says automation, robotics, human computing interfaces -- people and machines working together -- is the future.' 'Everybody agrees that cybersecurity is something that is here to stay.' 'Everybody agrees that synthetic biology is important.' 'Instead of outlining thinking about industries for tomorrow and the future, let the evolutionary pathway be built in a way that it promotes robust, creative, thinking.'
For a change, glamour goes rural as exhibitors glam up their products meant for India's villages.
In 2008, the 13 companies on the list accounted for 34 per cent of the overall m-cap.
The artillery pounds targets and keeps the enemy's head down, preventing them from firing at attacking troops.
Govt has drawn list of PSUs for strategic sale: Jaitley
However, the budget lacked very specific measures detailing how this will be achieved," the statement said.
The company will now focus on value creation for shareholders in the defence and construction businesses.
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