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Amritha Pillay writes on conglomerates in the industrials and energy space.
Amritha Pillay writes on conglomerates in the industrials and energy space.
Road construction is undertaken by IL&FS mainly through special purpose vehicles floated by its subsidiary ITNL
It is unclear why ITNL would need its SPV to extend a loan to itself
With the rejig, Bhatia will relinquish his responsibilities as the firm's CFO
A larger question rises on post-sale of certain assets, is there enough cash flow left to service the remaining debt and capital expenditure of these companies
The group is already present in city gas distribution, which can help it create a network for distribution franchisees
It has drawn up a plan, as part of which it wanted to monetise some road assets
India has the world's fifth largest coal reserves at 60.6 billion tonnes, but just one, monopoly supplier: Coal India Ltd (CIL), the world's largest coal-producing company
Limited domestic availability of floats is a big challenge and the industry has to depend on European or Chinese suppliers
The six transmission projects that the company won entails 23 sub stations; 2,000 ckm of lines and 5,500 MVA of transformation capacity
L&T, according to a source, chose to write to NITI Aayog with reference to the Make In India programme
As part of its affordable housing entry, IL&FS is looking to develop one million homes in the next five years time
Demand recovery in certain regional pockets pushing fresh investment
According to state government and industry sources, wind power generation has touched an almost all-time high of 2,800 Mw.
How safe has India Inc been for its employees? Business Standard digs into the data on the eve of International Labour Day
RIL, in its investor meet, said it would cut its LNG consumption, which affects gross refining margins (GRM) in a higher pricing situation
RIL said the marginal rise in revenue for the oil and gas segment in the last financial year was because of increased CBM production
Margins may go back to Re 1 or Rs 1.5 a litre, if the oil marketing companies aren't able to pass on the crude price hike to the consumer
Strong showing by petchem, retail offsets refining margin dip
Of 107 road projects that are delayed, 19 were awarded post-May 2014
Mahangar Gas said its business in India will continue as usual even after the changes in Shell's shareholding