Avista helped some companies restructure their debt in such a way that overseas investors had to take a steep haircut
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.
The O P Jindal Group company Jindal Steel and Power has begun talks with the State Bank of India, Punjab National Bank and Canara Bank for financing its Rs 550 crore (Rs 5.50 billion) expansion plan.
From 5G to Tesla to Covid vaccine, 10 things will shape India's future.
The decision was taken by the ministry this week, a top Coal Ministry official said, while refusing to reveal the names of the companies.
The BSE benchmark Sensex recovered by over 88 points in early trade today after yesterday's losses on emergence of buying by funds and retailers, tracking a firming trend in Asian markets.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
JSW Steel, Tata Steel, Steel Authority of India, Bhushan Steel, Essar Steel, Jindal Steel & Power, and Rashtriya Ispat Nigam are among the top producers of the alloy in the domestic market
- I think it's a 'No' at this point of time, purely based on the whole negative aura that has been generated
With the government looking to divest loss-making steel assets, significant interest from secondary players is most likely this time apart from the anticipated list of large integrated primary steel producers, said industry experts. Rashtriya Ispat Nigam Limited (RINL), Neelachal Ispat Nigam Ltd (NINL), NMDC Integrated Steel Plant (NISP)-Nagarnar, Ferro Scrap Nigam Ltd and three units of Steel Authority of India (SAIL) - Alloy Steels Plant, Durgapur; Visvesvaraya Iron and Steel Plant, Bhadravati; and Salem Steel Plant, Salem - constitute the divestment list. All the three units of SAIL have been loss-making for more than five years.
Additional Sessions Judge Saurabh Kulshreshtha sentenced Thakur to life imprisonment for remainder of his natural life.
'In the short term, we may see some disruptions due to Covid, but in the medium-to-long term, we should keep an eye on US inflation and 10-year bond yields.'
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.
Power Finance Corp official overseeing project eased out.
Some of India's biggest employers are testing for antibodies to either comply with regulatory norms or gauge the effectiveness of precautionary measures.
Globally, London's Tube and French railway networks are already using this technology in their corrosion-prone areas.
The West Bengal government has not given up industrialisation of the state, including finalising an alternate project for Singur, Chief Minister Buddhadeb Bhattacharjee said.
Since April, India has seen multiple strains of the coronanavirus sweep the nation, upending life and businesses alike. Out-of-home retail and discretionary categories such as durables, auto, fashion, lifestyle, hospitality, food services, travel, and tourism have been the worst-hit as Covid cases remain high, leaving state governments with no option but to curtail mobility and economic activity.
Sajjan Jindal's JSW Energy moved a step closer to securing its coal requirements, signing a definitive agreement with the management of CIC Energy on Wednesday, to buy them out and take control of the Toronto-listed company. CIC Energy has an 'A-grade' mining-cum-power complex called the Mmamabula Energy Complex in Botswana, Africa. The field there is estimated to have 2.6 billion tonnes of high-thermal coal, mostly above 6,000 Kcal/kg of calorific value.
Many are testing hybrid models including getting small batches to work, rotating staff every week, introducing shifts and allowing certain functions to operate from office in small numbers.
India has attracted investment worth $1.6 billion for projects in the fields of power, steel, construction and engineering special economic zones from Japanese companies.
Auto stocks will be in focus
May opt for PE funds or debt to finance capital expenditure.
These five stocks, which have lagged the markets over the last two years, have doubled in value since March 23.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
Of these, three stocks belong to the automobile pack and two are from the pharma.
Delaying action on climate change will hurt growth: Global CEOs.
The 30-share Sensex ended up 142 points at 29,462 and the 50-share Nifty gained 26 points to end at 8,895.
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RIL had objected to the state government's decision to receive bids in sealed envelopes instead of an open auction.
Ahead of the International Women's Day, three Indian women have powered their way to the Forbes list of global billionaires. The three Indian women include Savitri Jindal having a net worth of $8.2 billion, Bennett, Coleman & Co's chairperson Indu Jain at $4.4 billion and Anu Aga of the Thermax group with a net worth of $1.1 billion.
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RPG Industries, Hindalco, SAIL, Jindal Steel, Monnet Ispat, GVK Power and Jaiprakash Associates among companies summoned for review.
Govt diverts Rs 253-crore subsidy savings to the poor.
Coming down heavily on aviation safety violations, DGCA on Saturday grounded a business jet owned by Reliance Industries for carrying expired safety equipment on board and suspended its pilot for flying without a licence.
Nikki Haley becomes the first Indian-American to serve on a Cabinet rank position in any presidential administration in the US.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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