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Government starts process of selling Air India Mumbai headquarters

Built in 1974, the building could fetch anywhere between Rs 10 billion to Rs 15 billion, based on current real estate prices, according to experts

Essar Global Fund completes Rs 42,000 crore final debt tranche

Essar Group makes provision for insolvent Essar Steel at Rs 54,389 crore

After taking away Chennai port's share, Krishnapatnam eyes JNPT cargo

Krishnapatnam currently handles 500,000 TEUs a year

Gujarat tax dept moves NCLT against Essar Steel RP over Rs 500 cr dues

Trashes RP's confidentiality claim in refusing to provide verbatim report on road map of resolution plan with regard to payment of its dues

Gujarat tax dept moves NCLT against Essar's resolution professional

The tax department had requested the resolution professional for a verbatim report on provisions of the resolution plan

Liberty House moves NCLT over 'incorrectness' of Amtek Auto valuation

The Group has alleged that misrepresentations of facts and other mistakes have affected the valuation of insolvent Amtek Auto, for which it had successfully bid

Hindalco Q2 profit dips 21% to Rs 3 bn as rising input costs hit expenses

Hindalco's bottomline including earnings from Utkal Alumina stood at Rs 7.25 bn, up 54% from last year

Vedanta Q2 net profit at Rs 11.35 bn, down 43% from same period last year

Increased fuel costs drag operating profit even as net sales witness 5% rise

Brickwork Ratings downgrades IL&FS Maritime Infra Company's bank loans

Irregularities in debt servicing by parent IL&FS has weakened support for the subsidiary

Metal companies forge ahead for strong digi-shift across operations

Hindalco, Vedanta, Tata Steel chalk out budgeted roadmaps to achieve digitization

Vedanta Resources delisting from LSE to complete by September end

Vedanta Resources is the holding company of Vedanta Ltd with 51 per cent stake in the latter

Insolvency process: Sajjan Jindal's JSW makes top bid for Bhushan Power

JSW's revised offer stands at Rs 193.5 billion in the second round of bidding, up from Rs 110 billion

Tata Steel-Thyssenkrupp JV seen credit neutral amid high leverage: Fitch

JV to improve Tata Steel business profile by reducing exposure to structural weakness in Europe

NCLAT asks RP, CoC of Bhushan Power to address Liberty House's grievances

Liberty House had challenged the creditors' decision to reject Bhushan's bid on grounds of late submission

After losses, Snowman Logistics chalks out sturdy turnaround plan for FY19

The Bengaluru-based company aims to up its revenue stream by 15 per cent in the current financial year amid cost controls efforts that would lead to better-operating margins and profiting bottom line

India's steel exports to remain robust as China pares production capacity

Global prices stay at an elevated level, home demand also seen picking up

Steel exports expected to remain strong on back of higher global prices

Though domestic demand for steel is seen picking up, views remained mixed on whether capital expenditure growth cycle will pick up

Insolvency row: Liberty House highest preferred bidder for Amtek Auto India

This follows the corporate insolvency resolution process of Amtek Auto that began on 24 July, 2017

Tata Steel emerges as the top bidder for debt-laden Bhushan Steel

The Committee of Creditors (CoC) of debt-laden Bhushan Steel informed on March 6, said Tata Steel in its release

India Inc critical of Trump plan to levy import duty on steel and aluminium

Not surprisingly corporate India is not pleased with the latest move by the Trump administration