Bhushan Power lenders ask Tatas to revisit conditions

Tata Steel's Rs 24,500-cr offer is conditional on lenders buying the entire equity of two Bhushan Power subsidiaries– Nova Iron & Steel and Ambey Steel... Read more »

PNB Fraud: Need to focus on institutional framework, says Uday Kotak

Kotak said, "I am embarrassed as a banker and "we must look into governance and ownership of banks in India". Read more »

5 Ways Tax Reform is Helping Franchise Businesses

The recently passed Tax Cuts and Jobs Act provides big benefits to franchise businesses. Here are 5 ways tax reform is helping franchises. Read more »

No decision yet on how much Air India stake up for sale: Ashok Gajapathi Raju

He was replying to a question on whether the government had decided on how much percentage it would like to disinvest in the Air India. Read more »

Odisha new Bauxite linkage policy to benefit Vedanta

Under the policy announced today, the Naveen Patnaik’s governmnet will offer bauxite at market prices discovered through auctions. Read more »

Lenders initiate insolvency proceedings against Winsome Diamonds and Jewellery

Creditors have been asked to submit claims by Feb 27. Under insolvency process, Winsome Diamonds board was suspended and the IRP vested with its powers. Read more »

What I Learned from My Immigrant Parents About Succeeding in Business

Sponsored Post Marie Rosecrans from Salesforce shares what she learned from her immigrant parents about succeeding in business and how that helped her reach her own success. Read more »

Furnish details of funds invested in projects: SC to Amrapali

A bench of justices Arun Mishra and Amitava Roy said that the company should also give details about the funds which have been frozen after the start of insolvency proceedings. Read more »

A.M. Best Affirms Credit Ratings of Members of Donegal Insurance Group and Donegal Group Inc.

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of the members of the Donegal Insurance Group... Read more »

Liberty’s bid rejected; Tatas all set to bag Bhushan Power

The lenders' refusal to entertain Liberty's late bid means that Tata Steel now the clear leader in the race to buy out the unlisted Bhushan... Read more »