The bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans,......
A global steel producer is putting up 14-million-tonne capacity, Essar Steel aims to achieve a global capacity of 20-25 mt. In an interview with Ishita Ayan Dutt, its chief executive officer, Malay......
The economic crisis has turned out to be a blessing in disguise for many Indian companies that bought expensive overseas assets when the financial markets were at their peak. All companies have cut......
Last month, Industry Minister Tony Clement became the fourth Canadian federal minister to visit India this year. His main mission was, he told Rediff India Abroad's Ajit Jain in an exclusive......
Ruias-promoted Essar Steel, which plans to raise production capacity to 25 million tonnes per annum, will invest Rs 17,760 crore (Rs 177.60 billion) to put up a 6 mtpa mega steel plant in......