Crompton Greaves profits shrank for the first time since 2005. This, coupled with charges of insider trading against former MD S M Trehan, led to negative investor sentiment and a fall in share

The decks seem to be clearing for the ambitious Rs 60,000-crore coal-to-liquid (CTL) project proposed by Jindal Synfuels Ltd, a subsidiary of Jindal Steel & Power Ltd (JSPL). The project

To reduce its mounting debt, Future Group has decided to sell a 54 per cent stake in Future Capital Holdings (FCH) to US-based private equity major Warburg Pincus. Its board approved the sale on

Uttarakhand finance minister Indira Hridayesh, who presented her maiden Budget for the year 2012-13, did not make any new announcement that would have given a boost to sectors like power, tourism