The real story behind Adani-Mumbai Airport deal

What made the tide turn in favour of the Adani group was the Covid-19 pandemic, which shut down airports the world over, including Mumbai. There was no cash flow and the firm started defaulting on......

ED, Sebi to probe Mallya-Diageo deal for South African Breweries

The acquisition of South African Breweries’ traditional beer business by Diageo is part of a complex web of transactions signed by the British firm with Mallya. The Securities and Exchange......

Legal hurdles loom over Poddar's MCF, Kalindee buy

Kolkata-based Adventz group chairman Saroj Poddar’s plans to acquire a sizable chunk of shares in both Mangalore Chemicals & Fertilisers and Kalindee Rail Nirmaan Engineers can hit legal......

India loses Kashagan oil field to China

India's ONGC has lost the giant Kashagan oilfield to the Chinese after Kazakhstan blocked its $5 billion deal to buy US energy major ConocoPhillips' stake in the Caspian Sea oilfield. ONGC Videsh,......