Betting on India's growth, top steel firms in midst of big expansion plans

On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. Photograph: Amit Dave/Reuters The......

How Adani Saga Affects Indian Banks

While the collapse of a large financial intermediary can wreak havoc on the system because of the interconnectivity, a large business conglomerate too can play spoilsport if the banks have too much......

Battered by three decades of controversy, TMB looks back to the future

June was a memorable month for the 101-year-old Tamilnad Mercantile Bank (TMB). Last month, the Thoothukudi-based bank witnessed two new landmarks in a history in which the last three decades could......

Coal India production slower than the captive mines

Coal production by Coal India (CIL) has grown slower than the captive mines, awarded over the last six years. IMAGE: Workers unload coal from a supply truck at a yard on the outskirts of......