Swift expansion while the oil prices were surging has saddled India's largest oil drilling firm, Aban offshore, with a huge debt during the downturn. The Chennai-based firm has a Rs 13,000 crore......
These new kids on the block have come up through a mix of entrepreneurial grit and backing from oil industry veterans. India may soon see a new set of oil barons with lesser-known companies......
The haircut for major banks stands at 52 per cent, if the dues of Jaypee Infrastructure, Lanco Infrastructure and Era Infrastructure are kept out of the calculation. Illustration: Uttam......
Tata Steel Ltd is not the only company to have made a massive non-cash write-down on its foreign business.Many top Indian companies that have gone on a frenzied foreign acquisition drive in the......
The country's premier stock exchange Bombay Stock Exchange has announced changes in its indices for the mid-cap and small-cap segments, which will come into effect from May 13.A total of 10 new......