Indian cos invest $1.88 bn overseas in March

Investment by Indian companies abroad increased by 13.7 per cent to $1.88 billion in March, according to the Reserve Bank data.In February, Indian companies had invested $1.66 billion overseas. The......

OVL-OIL to buy Videocon stake in Mozambique field

In the third acquisition in 10 months, state-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) will buy Videocon Industries' 10 per cent stake in a giant Mozambique gas field for about......

OVL-OIL to buy Videocon's 10% in Mozambique field

ONGC Videsh Ltd and Oil India Ltd will buy Videocon Industries' 10 per cent stake in a giant Mozambique gas field for $2.475 billion. The acquisition of the stake in Mozambique's offshore Area 1,......

IBC: The CURIOUS Case of Videocon

Valuers have found almost no assets to pay for their claims against the Videocon group that entered the insolvency process in 2018.But the dissenters suggest that the money is elsewhere, possibly......