Page 29 - Amritha Pillay

Virat Kohli, P V Sindhu trek an unequal road to the global endorser league

Two Indians make it to the 2019 Forbes lists for highest paid athletes; their story reveals a gendered narrative of sports, popularity and earnings

We'll recover at least 50% of group's debt by March 2020, says IL&FS

The group is in the process of addressing Rs 36,400 crore of debt till date, of which recovery or resolution of at least Rs 30,000 crore is expected, it says

Govt's decision to cut corporation tax likely to impact power bill

The source of power, renewable or non-renewable, and the nature of the market, regulated or merchant, will be a factor in deciding whether the cost would go down

Corporate tax cut to boost manufacturing; unutilised capacity a concern

Industry stakeholders said the lower tax payable would now mean more liquidity in the books of companies, which should reflect in higher investment

Adani Group, Reliance Industries to lock horns for India's data centres

So far, Adani has made initial moves in businesses like petrochemicals, natural gas and petroleum retailing where RIL is an established player

Merger schemes help RInfra, RPower over-ride accounting standards

BSR & Co and Pathak HD & Associates were the auditors to both RInfra and RPower, until 9th August, when BSR resigned as auditor for both the companies

Recovery unlikely for cement and capital goods sectors before Q3

Industry volume declined in the June quarter

L&T JV bags order for THDC India's super thermal power project in UP

This is the second power engineering, procurement and construction project that L&T has won in the current financial year

CG Power board removes Gautam Thapar as chairman with immediate effect

The statement said the decision was in cognizance of the current situation being faced by CG Power and the recent developments

Essel Infra to sell solar assets to Adani Green Energy for Rs 1,300 crore

The sale of solar assets is expected to further reduce promoter debt for the group, which was at Rs 6,776 crore

Govt sets up task force to streamline infra projects worth Rs 100 trillion

The FM also said an organisation would be set up to provide credit enhancement for infrastructure and housing projects, increasing the flow of funds to these

CG Power financial fraud: A tale of 4 entities, 2 deals & high-value loans

CG Power has informed the exchanges of a Risk and Audit Committee report, which detailed multiple dubious transactions at the company

CG Power stock crashes 20% after probe reveals fraudulent transactions

Such deals were executed by senior personnel: Audit report

Adani finds mine-development contracts more promising than trading

The company has one fully operational MDO; two more MDOs have started and another seven are under development

IL&FS proposes to NCLT sale of wind energy assets to Japan's ORIX

ORIX Corporation of Japan had expressed its intent to buy out the remaining 51 per cent stake held by IL&FS in those assets for Rs 4,800 crore

Trouble for Anil Ambani: BSR resigns as RPower, RInfra's statutory auditor

Cites concerns raised in FY19 audit reports as reason

Adani Electricity to invest Rs 1,200 crore in Mumbai distribution business

The firm now wants to invest in expanding transmission network for the distribution business

Adani Electricity hits Tata Power's profitability in June quarter

For its June 2019-ended quarter, Tata Power reported an exceptional expense of Rs 328.97 crore as standby provision

Concerns loom over Tata Power's Indonesia mining lease, say analysts

Tata Power, through its subsidiaries, holds 30 per cent stake in PT Kaltim Prima Coal and a 26 per cent stake in PT Baramulti Suksessarana Tbk mines in Indonesia

Adani plans to invest Rs 10,000 crore in city gas distribution networks

The company also looks to advance work on the Gujarat and Rajasthan geographical areas