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......

SC reserves verdict on Cairn-Vedanta deal

The Supreme Court on Wednesday reserved its judgement on a petition challenging the validity of the $8.5 billion Cairn-Vedanta deal and seeking a CBI probe into it.A bench of justices K S......