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Malvika Steel

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SAIL to invest Rs 100 cr to revive Malvika Steel

State-owned SAIL on Monday said it will invest Rs 100 crore (Rs 1 billion) to revive its Uttar Pradesh unit, formerly known as Malvika Steel, which the steelmaker acquired last year. "The total......

Daewoo, Malvika Steel top defaulters

Top ten defaulters, including Daewoo Motors and Malvika Steel Ltd, owe scheduled commercial banks Rs 3908.96 crore (Rs 39.09 billion), Finance Minister P Chidambaram said in New Delhi."As on March......

Revealed! 'RBI list of top 10 defaulters'

  Newslaundry claims access to RBI’s Rs 5-lakh crore (Rs 5-trillion) secret list At a time when the Supreme Court flagged faults in rules on bad loans and recoveries in India, media......

Stock market fraud: Probe against 32 cos

The Company Law Board has ordered investigations into the affairs of 32 companies, including a few entities related to notorious stock market broker Ketan Parekh, for alleged fraud in the last......

Govt unlikely to divest profit-making PSUs: FM

Finance Minister P Chidambaram on Tuesday said the government was unlikely to divest its stake in any of the profitable public sector units in near future."Some months ago, Prime Minister (Manmohan......

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