Overwhelmed by personal as well as the company's big ambitions, he began aggressive pursuit of business goals set by the management.
Bank had no obligations to Perdaman, the judge said.
The YSR government had allotted Waqf land worth Rs 32,000 crore to Lanco group and other companies ignoring the protest by the Waqf Board and other Muslim organisations. Mohammed Siddique reports
Infrastructure conglomerate Lanco Group and leading financial services firm Edelweiss Capital have emerged frontrunners in the race for Axis Bank's private equity arm. According to two people familiar with the developments, Lanco and Edelweiss have made the most aggressive financial bids among all the non-binding ones that have come in so far. The bids, they said, were in the range of Rs 30-45 crore.
The Union government has threatened to cancel coal block allocations of as many as 17 companies for failure to develop those allotted to them years before. These include big companies such as Tata Iron and Steel, Sterlite Energy, GMR Energy, ArcelorMittal India, Reliance Energy, GVK Power, Lanco Group and Rungta Mines.
Lagadapati Rajagopal, now being referred to as the 'pepper spray member of Parliament', is holding talks with Andhra Pradesh's caretaker Chief Minister Nallari Kiran Kumar Reddy about floating a new political party.
Babu had admitted more than once during his interrogation that it was the company's money.
CFO of Lanco Group, Suresh Kumar explains how interest rate hikes would affect their project.
Six weeks after Lanco Infratech and Globeleq won the Rs 16,000-crore (Rs 160 billion) Sasan ultra mega power project, the Hyderabad-based company is planning to buy out its 70 per cent foreign partner.
It is not just film stars who are spicing up the poll scene in Andhra Pradesh, but also corporate honchos who are jumping on to the political bandwagon to try their fortunes in Lok Sabha and assembly polls.
SC judges suspected a lack of objective criteria in the selection.
Bankruptcy proceedings are going at a slower pace than what the bankers had envisaged and many cases have gone beyond the 270-day timeline set under the IBC mainly because of litigation.
Amid the increasing pressure on the Chief Minister N Kiran Kumar Reddy from the Central government either to end the crisis arising out of the indefinite strike of government employees or face the axe, crucial talks were scheduled to take place between the chief minister and the leaders of the Andhra Prasdesh Non Gazetted Officers Association on Wednesday.
Indian companies struggle to escape debt burden as profit slows.
It is time to pack up, sir! Please resign and save some honour of the Lok Sabha, an anguished Sheela Bhatt reports from the Lok Sabha press gallery after watching the shameful goings on over the tabling of the Telangana Bill.
The Central Bureau of Investigation on Monday filed its first charge-sheet in a Delhi court in the coal blocks allocation case against Navabharat Power Pvt Ltd for allegedly misrepresenting facts and making "fraudulent" claims to "embellish" its applications to get allotments between 2006 and 2009.
New SDR norms allow promoters to manage debt-laden firms.
Jaypee, Essar, GMR, GVK, Lanco, Abhijeet groups debt rise despite falling cash flow, says UBS
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India's fear of small states derives from memories of Partition and the paranoid view that it will break up under 'too many' states. It's time to shed such fears and bite the 'states' reorganisation' bullet. India won't crumble under a few more Telanganas, Vidarbhas or Gorkhalands, says Praful Bidwai.
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