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Wayne Burt Capital plans to invest $ 150 mn to acquire distressed companies in the power and petrochemical sectors

Fund is in advance talks with companies in Chennai & Western part of the country

Power Grid stock extend losses on MSCI exclusion

MSCI has said Power Grid will be removed from one of its indices from November 26

GMR Infra emerges L1 bidder for Rs 5,000 crore Eastern Dedicated Freight Corridor project

As part of Asset Light Asset Right strategy, GMR Group is not required to provide any equity for the project since it is to be implemented on EPC basis

Coming soon: Ban on loose cigarettes

With govt accepting panel recommendation on single-smoke ban, the ITC scrip slumped 7%, its biggest single-day fall since May 2009

Bharti sells tower assets in Nigeria to ATC

This is the third time in the past four months that Bharti has sold its towers in Africa

Corporate governance: Our rules here are actually among the global best

ACCA-KPMG survey shows India leads BRICS in these, ties with Australia in 4th place, with China well down

Adani buys Avantha plant, becomes largest private power utility

You are killing the game of cricket: SC to BCCI

The apex court said that BCCI and IPL are 'mutual benefit societies'; case adjourned till tomorrow

'Don't pass rise in commission to policyholders'

RBI cautions public against misuse of cancelled NBFC certificate of registration

Apex bank says imposters promise loans to needy public at attractive rates, collect processing fees and then vanish

West Asian airlines to be hit if smaller towns are off limits

Nearly 85-90% of the air traffic in India is clocked at the six identified metro hub airports

Trai sticks to its view on spectrum pricing

Regulator firm on simultaneous auction of bands

MCX invites applications for post of MD

The position has been vacant since May, when Manoj Vaish quit the company

Stake sale of power, consumer division biz to help Avantha group, say analysts

The consumer products business is valued at Rs 5,000 to Rs 6,000 crore

Cong may opt for disruptive tactics in Parliament

Slamming the "hypocrisy" of BJP, the Congress recalled how entire Parliament sessions were washed out - the monsoon session in 2012, for instance - by BJP

Vote with caution at EGM, IiAS tells USL shareholders

Ratan Tata-backed Bluestone.com expects to touch Rs 100 cr revenue

The company is looking at establishment of physical stores to bring in more brand value

Mamata takes to streets, says Centre plotting to defame TMC

West Bengal chief minister dares Union govt to arrest her over Saradha scam

ICICI Bank m-cap breaches Rs 2 lakh crore-mark

ICICI Bank is the country's ninth-largest listed entity and third-largest bank in terms of market value

Infosys shares rise 3%