Oil and Natural Gas Corporation, Hindalco Industries, Tata Steel and Vedanta were down up to 70 per cent below their one-year highs.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Jindal Power bagged 2 coal mines in Chhattisgarh.
Mining baron Anil Agarwal-led Vedanta Group has bid for the most number of 14 coal mines out of 23 on offer in the first round of auction which also have aggressive bids by Aditya Birla Group, Adani and Naveen Jindal group, but was shunned by foreign players.
This is, say tax experts, the first time that a car race circuit has been held to be the permanent establishment of an assessee.
The reason for the EPE's relatively low volume of traffic may lie in the lack of adequate safety measures, especially after sundown. Barring intermittent patches, the highway has no street lights.
Govt to issue ownership rights of 15 coal mines on Mar 23.
The continuing stress faced by corporate India has weakened their debt-servicing capability and this is reflected in the banks' books, as yet-burgeoning bad loans.
This was the companies' highest loss in two years.
While such buying could indicate confidence in the business, investors should do a comprehensive evaluation before getting into the stock.
Essar group, Bhushan Steel and JSW group likely to be impacted by changes
Deal comes within days of Abu Dhabi's TAQA pulling out of agreement.
The month also saw Adani Power acquiring the 600-Mw Korba West thermal power plant from the Gautam Thapar-led Avantha group for Rs 4,200 crore (Rs 42 billion).
Israel and India are likely to finalise a free trade agreement next year
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
Ahmedabad-based firm to fund deal through equal amount of equity and debt.
The spike at private sector lenders like ICICI Bank and Axis Bank follows a push to grab market share from India's dominant state banks.
Shree Cement beats ACC in market value, Lupin ahead of Dr Reddy's Labs
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
Promoter holding in family-owned firms up 70 bps since 2005, 240 bps since 2010.
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
.jpg)
Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
Go for high quality and low-to-medium-duration funds in your debt portfolio
Debt fund managers think the Reserve Bank governor might at best go for one rate cut in April.
Infra major's entry could queer the pitch for Jaypee and Hindustan Semiconductor.
A sluggish economy and stalled bureaucratic decision-making for the past two years thwarted capital investment and dented earnings, making it tough for the companies to raise funds.
For debt-laden companies, asset sales is an obvious solution.
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
Though the current National Democratic Alliance government has not endorsed the figure, it has not even repudiated it.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances