C K Birla steps down as chairman of Hindustan Motors

Two days after the company's AGM for the extended 18-month financial year, C K Birla stepped down as chairman of the ailing automobile company Hindustan Motors (HM) Ltd.While Birla did not reply to......

Ambassador manufacturer draws up revival plan for survival

C K Birla group company Hindustan Motors (HM) has drawn up plans for restructuring of the company which was suffering from poor cash flow due to lack of vehicle sales."HM remains fully committed to......

How a tortoise made due diligence process NPA-free

Only NIIF has stayed the course as a viable infrastructure financing institution. Illustration: Uttam Ghosh/Rediff.com Started in 2015, the National Investment and Infrastructure Fund Limited......

Caparo Group ventures into power generation

Lord Swraj Paul-owned Caparo Group on Friday announced entry into the power generation business through a joint venture with Finland-based Wartsila at a project cost of Rs 1.15 billion ( Rs 115......