Government must first focus on groundwork to start big ticket projects, say experts.
Of the 23 Indian billionaires mentioned in the Bloomberg Billionaires Index, only one saw a reduction in net worth, with the companies owned by most of them outperforming the Nifty 50 index by a big margin.
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
The NHAI says non-availability of funds from private developers and financial institutions is also responsible for major delays.
Gadkari, who handles key infrastructure-related portfolios, said there is no problem with the road sector at present and money is not an issue anymore.
Additionally, promoter Naresh Goyal and Etihad Airways, which owns a 24 per cent stake in the airline, will infuse around Rs 2,000 crore into the airline, sources aware of the development said.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
For debt-laden companies, asset sales is an obvious solution.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.
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