The group plans Rs 30,000-cr oil refinery with IOC; buys Lanco's Udupi power plant for Rs 6,000 cr

Sale at acquisition price may have been prompted by slow coal traffic and fall in prices.

Fixed deposits can fetch 9-9.5% interest versus 3.5% to be received by Cairn, say institutions.

The company will wait for sizeable user base for better valuation.

Provisioning for bad investments, finance costs shoot up in FY14.

Budget 2014-15 has done away with the tax sunset clause of March 2014.

In January this year, Tata Sons invested an additional Rs 2,500 crore (Rs 25 billion) in Tata Teleservices which was used to repay loans of the wireless telephony company.

Chanda Kochhar, managing director of ICICI Bank, says the new government must take effective action bringing clarity around tax laws.

The company needs Rs 2,000 crore more in 2 years to repay debt.

Looking to put money in aviation, infrastructure and also to reduce debt of group companies.

US-based Apollo Global has picked up stake in Indian firms which are not doing that well financially.

Going forward, Vinita Bali, outgoing MD, Britannia wants to do other things in life which she was unable to pursue.

Worried over the fallout of the Supreme Court's observations on allocation of coal blocks, India Inc wants the apex court to consider a reprieve for those allotted to genuine companies that have invested billions.

Year 2013 saw business leaders facing the ire of hostile investigative agencies.

Lenders to Kingfisher Airlines, led by State Bank of India, had moved courts to get residual rights over these shares after Srei recovered the collateral from the defunct Kingfisher Airlines, making it difficult for Srei to sell the shares, said a legal source.

Bankers claim they have received good response to the roadshows held abroad for Coal India, IndianOil and PowerGrid.