PwC on Thursday invited resolution plans from prospective bidders for Essar Power MP on behalf of its lead lender, ICICI Bank. The power asset owes its consortium of lenders around Rs 5,300 crore.
Indirect tax department has clarified that rent on electricity meter draws goods and service tax (GST), a development which is likely to draw criticism from the industry.
Hewlett Packard Enterprise announced a new project with long-time strategic partner, PwC, to jointly create a Center of Excellence (CoE) in Kolkata, India, to advance development for future cities.
Investments for more than Rs 10 lakh crore would be required in coal mining and allied sectors like power, steel and cement