Mining firm Vedanta made 'illegal' political donations?

Vedanta Resources, which was pulled up for its role in the mining scam in India, is under the scanner yet again. This time for making a contribution of Rs 28 crore made to political partiesin the......

Corporate honchos in Andhra Pradesh join poll pray

It is not just film stars who are spicing up the poll scene in Andhra Pradesh, but also corporate honchos who are jumping on to the political bandwagon to try their fortunes in Lok Sabha and......

Indian corporates to help conserve monuments

At last winds of change are blowing through the hallowed portals of the Archaeological Survey of India. After many years of debate, the sole custodian of national monuments has decided to allow......

'FDI in power? India needs to be confident'

Power Minister Sushil Kumar Shinde has stressed on the need for creating confidence among foreign investors to attract foreign direct investment in the power sector. "Despite making provisions for......

Large deals back with a bang

There's been a spurt in private equity activity in recent months and large deals are back. Last month, Kohlberg Kravis & Robertsbought 20 per cent in Dalmia Cement for Rs 750 crore (Rs 7.5......

EGoM decides to pool gas price for Dabhol

The Empowered Group of Ministers on Ratnagiri Gas and Power Pvt Ltd on Wednesday decided to pool the price of gas for Dabhol - the basket will comprise the gas sourced by Petronet LNG from......

Builders lose interest benefit

A Special Bench of the Income Tax Tribunal has ruled that builders and contractors will no longer be allowed to capitalise their interest expenses. This can impact property prices across the......