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Essar to further cut down debt by 70 pc in last leg of deleveraging exercise
Essar said it has made capital investments of over Rs 2 lakh crore (about USD 28 billion) in secto…
PTI
Essar signals resuming investment-led growth plan
"Committed gas supply contracts for the Essar Steel Complex were withdrawn in 2012 and allotted co…
PTI
India's biggest deal worth Rs 72,800 crores: Essar oil sells to Russia's Rosneft
The all-cash deal will give Rosneft and its partners control of Essar's 20 million tonne refinery i…
EXCLUSIVE: New amendment to bankruptcy law has Prashant Ruia’s personal guarantee on its radar
India’s Finance Ministry is sitting on a new amendment to the bankruptcy law. That might be a big…
AMNS India parent signs USD 5 bn term loan to refinance Essar Steel acquisition
"AMNS Luxembourg Holding S A (AMNS), the parent company of the AMNS India joint venture between Nip…
PTI
Vedanta delisting opportunistic, price way below intrinsic value of stock: Report
Sebi's delisting of equity shares regulations of 2009 provide sufficient protection to minority sh…
PTI
Tata Teleservices & DoCoMo To Split, Setting Stage For Negotiations Over Valuation
The Japanese company is exiting the Indian telecom venture since it is known to prefer owning a maj…
Economic Times
NCLAT Chairman Justice S J Mukhopadhaya retires
He delivered several landmark judgements during his tenure of nearly four years. He supervised and…
PTI
2019: NCLAT passed several judgements but many of them failed Supreme Court perusal
New Delhi, Jan 1 () Whos who of the corporate world - from Reliance to Tatas to ArcelorMittal - wer…
PTI
Patanjali Ayurved completes acquisition of bankrupt Ruchi Soya for ₹4,350 crore
Sources said Patanjali settled Rs 4,350 crore of dues Ruchi Soya had towards financial creditor…
PTI
Will Reliance Capital lenders get their dues fast or will there be legal delays
With another round of bidding for Reliance Capital Ltd slated later this month, the question is whe…
Goldman Sachs’s India Chairman explains the country’s M&A boom
Firstly, India’s market dynamics call for consolidation. “Local companies are consolidatin…
Indian financial system in Darwinian mode, only fittest lenders survive: Uday Kotak
"India is in massive Darwinian mode of what I call as the survival of the fittest.
PTI
SunEdison may soon buy Continuum Wind Energy, making it India’s biggest clean energy buy
MSI, a $4-billion global platform, is part of the global financial services firm's private investme…
PM, FM, industry welcome RBI 'bazooka' of interest rate cut, liquidity measures
The large rate cut, the adjustment in capital conservation buffer, the moratorium on repayments and…