JSPL, Tata Power, Monnet Power, Jindal Photo in the dock.
'A lot of people -- whether farmers, students or businessmen -- think when they take a loan, that everything will go well and they will pay back.' 'Sometimes, things don't go well.'
Globally, London's Tube and French railway networks are already using this technology in their corrosion-prone areas.
Infrastructure and real estate prominently feature as wealth destroyers.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
The judiciary has sent a strong message against crony capitalism.
Union Budget 2014-15 is positive for metals and mining companies.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
Delaying action on climate change will hurt growth: Global CEOs.
Many top corporate groups hit hard, in penalties and sunk investments, beside loss of future revenue
'We would like to develop Andhra Pradesh into a logistics hub not only for India, but also for South Asia.'
India's top listed companies reported their best-ever quarterly net profit of Rs 2.39 trillion in the September quarter of FY22, up 46.4 per cent year-on-year. The earnings were driven by a big surge in the profitability of banks, non-banking financial companies & insurance (BFSI), oil & gas, and metal & mining firms. The combined net profit of these three cyclical sectors were up 87 per cent YoY to a record high of Rs 1.53 trillion, up from Rs 82,000 crore a year ago and Rs 1.08 trillion in Q1FY22.
The Central Bureau of Investigation has questioned T K A Nair, advisor to Prime Minister Manmohan Singh, in connection with alleged irregularities in allocation of coal blocks, which included granting of a block to Hindalco at Talabira despite it being rejected by a screening committee of the coal ministry.
According to Outlook, Adani Group and the RP-Sanjeev Goenka Groups are no more the favourites to bag the new teams.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The companies are crying foul over the cancellation of 25 blocks held by 68 firms over the past two days.
The verdict could force steelmakers to cut output or import expensive iron ore.
The 30-share Sensex is down 359 points at 26,378 and the Nifty has dropped 78 points to trade at 7,883
CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.
Cleaning up India's grubby business climate is top of the agenda for both regulators and the government.
Ajit Mishra, vice president, research, Religare Broking, answers your stock market queries.
Top leaders from India Inc may be busy throughout the year, but they too have a very strong social life beyond work.
With their balance sheets under stress, private companies have lost interest in them.
Coal production by Coal India (CIL) has grown slower than the captive mines, awarded over the last six years. During 2020-22, production from the captive mines jumped by 38.5 per cent while CIL saw a tepid growth of 3.4 per cent, according to government data. In terms of dispatch to the power sector, captive mines have raced ahead, witnessing a growth of 72 per cent compared to 15 per cent for CIL. For the current fiscal year, CIL's production is expected to be around 565 million tonnes.
Looking into the flexi-fare scheme in Rajdhani, Duronto and Shatabdi trains introduced in September 2016, the CAG stated that occupancy in all classes except the sleeper class in Duronto decreased.
The total investor wealth in domestic stock markets soared by Rs 1.53 lakh crore as investors cheered energy reforms, including hike in natural gas prices.
Housing sector to benefit from Budget.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
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RIL had objected to the state government's decision to receive bids in sealed envelopes instead of an open auction.
Fast cars, marathons, golfing and shooting - nothing stops these high-power tycoons from pursuing their passion.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The CBI opposed the plea seeking summoning of former prime minister Manmohan Singh and two others as additional accused in a coal scam case.
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.
The Modi government's e-auction policy for coal, meant to shield the consumer against hike in electricity charges, has already led to serious allegations of cartelisation among the bidding corporates. Matters came to such a pass that the government at one point last week was considering inviting the Central Bureau of Investigation to probe the matter, reports Sheela Bhatt/Rediff.com.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
Those for power sector to see tussle between prior owners & new challengers
The Central Bureau of Investigation has found no criminality in the allocation of about 60 coal blocks, which are likely to be taken out of the purview of its ongoing probe after taking the Supreme Court's permission.
These five stocks, which have lagged the markets over the last two years, have doubled in value since March 23.
Markets extended losses to end 1.5% down on Tuesday, amid weak global cues, after investors turned cautious ahead of key economic data and booked profits in rate sensitive shares while the further fall in the rupee continued to weigh on investor sent.
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