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Power sector expects good days ahead as demand improves

 The prolonged inactivity in the debt-laden, fuel-starved and bankrupt power sector finally seems to be ending with two large acquisitions announced in the last few weeks. First, Reliance Power,......

'FDI in power? India needs to be confident'

 Power Minister Sushil Kumar Shinde has stressed on the need for creating confidence among foreign investors to attract foreign direct investment in the power sector. "Despite making provisions for......

The story of India Inc's deal mania

 In 2004, just before Tata Motors, the vehicle-making company of the Tata group, acquired Daewoo Commercial Vehicles of South Korea, its managing director Ravi Kant happened to ask a bunch of Daewoo......

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