CoC may wait till October 22 when Tata Steel’s plea challenging re-bids will come up for hearing before NCLT.
After facing stiff challenge from rival bidders, JSW Steel may finally emerge victorious in the battle for control of Bhushan Power & Steel (BPSL). Debt-ridden BPSL is facing insolvency proceedings for the past 15 month
It was buried in plain sight, in footnote No. 8 on page 28 of an IPO prospectus. But nobody in September 2009 was paying attention to that particular disclosure. And certainly not with any misgivings: Six months later, IL&FS Transportation Networks Ltd
Electric utility company CESC Ltd’s shares rise as much as 5.3 pct to 948.35 rupees, their highest since Sept 24. Co said here on Friday that after NCLT nod, it has decided to demerge non-power investments into two entities – new retail and venture companies
A Delhi court on Monday granted bail to Congress leader and industrialist Naveen Jindal who has been accused of money laundering in a case pertaining to irregularities in the allocation of a Jharkhand coal block. Special Judge Bharat Parashar granted
Citing ease of doing business, latin American nation El Salvador has asked Indian companies to invest there and take advantage of different tax benefits and incentives offered. “We are looking to collaborate in solar energy.
An explosion took place at the state-owned steel maker Steel Authority of India Limited's Bhilai plant in Durg district of Chhattisgarh Tuesday
Arun Kumar Rath, CEO of SAIL’s Durgapur Steel Plant, on Thursday took charge as the new CEO of Bhilai Steel plant, two days after a major fire accident at the SAIL unit which has so far claimed 13 lives.
Shares of Tata Power Company (up 13.95 per cent), Reliance Infrastructure (up 9.32 per cent) and Adani Power (up 8.85 per cent) surged in Friday’s session amid reports that the Supreme Court agreed to examine tariffs for Adani and Tata Power.
Jindal Steel & Power Ltd. said it will again hike steel prices by Rs 2,000 a tonne in the coming few weeks to offset rising input costs. “The steel plants have been doing okay, but not so well that they can absorb prices
Essar Power, the wholly owned subsidiary of Ruia-owned Essar Group, has announced that the second 600 MW unit of Mahan Power Plant in Madhya Pradesh has been completed at a cost of Rs 8,000 crore, reports Economic Times.