L&T plans to cut debt by Rs 30,000 crore

To sell off L&T IDPL, Nabha Power; transfer Hyderabad Metro to an InvIT. Construction and engineering major Larsen & Toubro (L&T) is set to reduce its debt by Rs 30,000 crore in the next financial......

Government is playing poker with banks

'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,' says S Muralidharan,......

Govt to spend Rs 342 crore on IDPL, HAL revival

The government plans to spend about Rs 342 crore (Rs 3.42 billion) to bring back on track Indian Drugs and Pharmaceuticals Ltdand Hindustan Antibiotics Ltd. In a written reply in Lok Sabha, the......

Sensex ends flat on 1st day of 2015; RIL, ITC slump

Benchmark share indices ended the first trading day of 2015 on a flat note as investors shifted focus from large caps to fundamentally sound stocks in the broader market. The 30-share Sensex ended......