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Welspun Corp

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  News for Welspun Corp

  • Business

Infrastructure slowdown dents Welspun's growth hopes

In 2011, the B K Goenka-led Welspun group set itself a target to become a $-5 billion company from a $ 3-billion company then by 2014 backed by the promise of investments by American private equity......

How to identify an operator-driven stock

Last week, the Securities and Exchange Board of India pulled up promoters of four companies -- Welspun Corp, Ackruti City, Murli Industries and Brushman India -- for allegedly rigging their own......

Sebi puts curbs on HNI, 4 firms for manipulation

The Securities and Exchange Board of India (Sebi) on Friday banned Mumbai-based high net worth individual Sanjay Dangi and promoters related to him from dealing in equity markets.Promoters and......

Why Apollo Global is lending to stressed cos in India

The year 2013 was a dream run for US-based Apollo Global Management. The fund made a killing when it sold its stake in chemical firm LyondellBasell – earning close to a billion dollars for......

Of Welspun, Cyprus and the FEMA conundrum

The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just......

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