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Electoral bonds: Firm that built Zojila tunnel is 2nd-largest donor

 Megha Engineering and Infrastructure, the little-known Hyderabad-based firm that in recent years won the prestigious Zojila tunnel deal among other projects, forayed into city gas and acquired a......

Bidders of Haldiram Snacks Foods seek clarity on ownership of the brand

 The prospective bidders of Haldiram Snacks Foods (HSFPL), a leading food firm, have sought clarity on the ownership of the brand as it is currently owned by different family factions. The Delhi......

Adani Power revives old ambitions as power demand surges in India

 At present, the largest power producer in the country is NTPC with 75 Gw capacity and the largest private sector player is Adani Power, with Tata Power a close second. Photograph: Amir......

Bajaj Auto to pump Rs 3,000 crore into finance subsidiary

 Bajaj Auto, India’s leading two-wheeler (2W) and three-wheeler (3W) maker, is scaling up its wholly owned finance subsidiary, Bajaj Auto Credit Ltd (BACL), with an investment of more than Rs......

NBFC business has to hit the reset button after RBI strengthens norms

 “We will raise Rs 300 crore via bonds of two-, three- and five-year tenures. This will be our maiden bond issuance and is part of our effort to widen funding sources,” says Vimal......

Betting on India's growth, top steel firms in midst of big expansion plans

 On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. Photograph: Amit Dave/Reuters The......

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