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Mukesh Ambani's port, power firms get ready for big boom
It turns out that Reliance Industries Ltd (RIL) is not the only Mukesh Ambani company that's planning massive capital expenditure. Weeks after the country's largest private-sector company announced itMore
Jet Airways makes progress on debt
Jet Airways, the country's largest air carrier, expects its debt burden to decline to Rs 8,250 crore by the end of this financial year, a fall of nearly 50 per cent from the corresponding figure atMore
L&T vying for defence orders worth up to $1.4 billion
Larsen & Toubro Ltd is competing for defence contracts worth up to 80 billion rupees that will be awarded in the next few months, M. V. Kotwal, president of the company's heavy engineeringMore
Kotak upgrades Reliance Industries to 'add'
Kotak institutional Equities upgrades Reliance Industries Ltd to "add" from "reduce" and raises its target price to 870 rupees from 855 rupees citing inexpensive valuations. TheMore
L&T to bid for coast guard contracts worth $695 mln
Larsen & Toubro Ltd (L&T) will bid for four Indian coast guard contracts worth 40 billion rupees ($695 million), M. V. Kotwal, president of the company's heavy engineering department said onMore
Jet Airways shares fall 8 pct after Etihad approval deferred
Shares in Jet Airways Ltd fell 7.95 percent in pre-open trading after India's foreign investment regulator deferred a decision on Etihad Airways' planned 24 percent stake buy in the airline.More
Tata Motors' May global wholesale vehicle sales fall 17.5 pct
Tata Motors Ltd's global wholesale vehicle sales fell an annual 17.5 percent in May, the company said, as a marginal rise in the sales of its luxury Jaguar Land Rover cars failed to offset sluggishMore
DLF reducing burden by selling non-core assets
DLF, the country's largest real estate company, decided many quarters ago that divestment of non-core assets would be the route to its debt reduction. Even as it slipped on some self-imposedMore
KYC laxity at private banks has put us to loss: SBI
In the wake of the Cobrapost expose on violation of KYC norms by almost all banks, State Bank of India Chairman Pratip Chaudhuri has said his bank has been "put to a loss" by theMore
Unilever's $5.4 bn offer for HUL begins June 21
Anglo-Dutch firm Unilever's $5.4 billion open offer to buy 22.52 percent stake in its Indian arm Hindustan Unilever begins June 21. Unilever said in a statement that it has received approval from theMore