When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.
The Yogi Adityanath government on Wednesday transferred 20 senior IAS officers, shunting out Principal Secretary-Information Navneet Sehgal and others who wielded considerable influence under the Akhilesh Yadav dispensation.
Corporate giant Reliance Industries Ltd is looking at setting up a 2,000-3,000 MW, green field, mega power project in Uttar Pradesh -- involving an investment of at least Rs 8,000 crore (Rs 80 billion).
Taking exception to Uttar Pradesh government's proposed move to withdraw cases against Muslim leaders in Muzaffarnagar riots, the Bharatiya Janata Party on Tuesday asked Governor B L Joshi to press the government to withdraw all cases, including those lodged against its leaders, in connection with the violence.
Addressing a press conference in Lucknow on Monday, he sought to emphasise that he had charted out a comprehensive development plan for the state.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
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