Vedanta loses half of wealth in 6 months

Anil Agarwal, chairman of the Vedanta group, has not started the New Year on a good note. Sagging crude oil and commodity prices have resulted in the market value of the London-listed Vedanta......

SC verdict on coal mines could trigger reforms in sector: S&P

The recent cancellation of coal block allocations by the Supreme Court provides an opportunity for the government to reform the process of awarding coal mines in the country, S&P said on Wednesday.......

Indian cos improving credit profile by selling equities: S&P

Indian companies are boosting their credit profiles by divesting stake in businesses and selling assets or using their free operating cash flows to reduce debt, Standard & Poor's said on Wednesday.......

Corruption, policy uncertainties pose risk in India

The perceived notion about growing corruption and the policy uncertainties have increased the country-specific credit quality risks for the companies in India, global rating agency S&P has......