On the road with the Chidambarams

The day started pleasantly in Chettinad, famous for its palaces, in Sivaganga district, around 450 km from Chennai. Karti Chidambaram, contesting from Sivaganga, and his father and Union Finance......

Vietnam: The fulcrum of India's 'look east' policy

India-Vietnam relationship has its own imperatives and dynamism. In India’s look east policy Vietnam has been the major pivot, at least in terms of security and strategic imperatives, says......

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......

FICCI urges govt to scrap windfall tax

The government should scrap the windfall profit tax on domestically produced crude oil as the levy is adversely impacting the capex-intensive exploration of oil and gas, the industry said in its......

Essar to sell port infra to ArcelorMittal for Rs 19,000 cr

Essar group on Friday announced the signing of a USD 2.4 billion (Rs 19,000 crore) deal to sell certain ports and power infrastructure to ArcelorMittal Nippon Steel in one of the largest......

This deal will see the single-biggest outflow of foreign capital from India

The much-talked-about sale of Ambuja Cement and ACC by Holcim Group will see the single-biggest outflow of foreign capital from the country if the two cement firms are acquired by Indian investors.......