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Avantha in talks to sell Jhabua power project

Tata Power, ICICI Venture Fund JV in race to buy asset at a valuation of Rs 4,300 crore

Avantha pays the price for gamble on growth

Ballarpur and Asthi, its two oldest paper mills, are the latest in a series of assets the group has put on the block to pull itself out of its debt spiral

HCC first to get debt relief under new RBI scheme

Lenders to decide on converting loans into equity/debentures in 3 months

Tough legal battle lies ahead for USL, Mallya

USL board on Saturday said its second forensic audit by EY has revealed fund diversion worth Rs 1,225 cr to Mallya companies

Vijay Mallya denies Diageo's fund diversion charges

USL said its additional enquiry into the annual accounts showed fund diversion to various Mallya-owned entities

Mallya denies Diageo's fund diversion charges

A day after United Spirits (USL) accused Vijay Mallya of funds diversion worth ~1,200 crore from the company when it was managed by the UB Group chief, the latter denied the new charges.

Essar's US unit files for bankruptcy

The filing follows Minnesota's decision to revoke Essar's mineral leases for non-payment of dues worth $66 mn

USL slaps fresh charges on Mallya

Firm makes disclosures of improper transactions worth Rs 1,225.3 crore with entities linked to beleaguered businessman

BILT's $500-mn deal to sell Malaysian arm falls through

The company had announced the transaction in September last year to reduce its debt worth Rs 6,300 crore

India Inc says reshuffle stresses performance

CEOs surprised some stellar performers denied Cabinet berth

Tata Sons to pump Rs 3k cr into Tata Teleservices

Tata Teleservices, in turn, is expected to invest the funds in Tata Teleservices (Maharashtra) Ltd's redeemable preference shares worth a similar amount

UltraTech, JP Associates claim to have deal on track

The transaction will help debt-heavy Jaiprakash Associates to reduce its debt, which had touched a high of Rs 60,000 crore

Ruias to give up Essar Oil control

Group in talks to sell 25% more stake, months after Rosneft agreed to buy 49% for Rs 19,000 cr

Mukesh Ambani's pvt firms hit slow lane

Net worth of Reliance Gas erodes by Rs 1,900 crore; port, power companies report lower profits

Fundraising via bonds falls in H1

Declines 25 per cent as India Inc's capex remains low; overseas loans remain flat

Brexit aftermath: India Inc sees red

CEOs of the information technology sector said the industry was gearing for another phase of uncertainty, as the UK accounted for over 20 per cent exports from India

Brexit aftermath: Bear shadow on India Inc

Firms to find alternative export routes or face increased trade barriers

UK court to Tata Sons: Pay $1.17 billion in damages to Docomo

Docomo gets higher valuation to exit Tata Teleservices

Brexit spells trouble for Tatas, IT giants

Tata Motors, Tata Steel Europe, Motherson Sumi, Tata Consultancy Services (TCS) and Infosys are expected to face the brunt of Brexit

Brexit impact: India Inc braces for huge losses

Companies like Tata Steel and JLR will have to make alternate arrangements to sell products in EU