A mass cancellation of coal blocks awarded since 1993 could cost the country up to $3 billion in additional imports and hurt financial firms that have lent to the sector, broking firms said on......
Corporate bond issuances fell by around 22 per cent in August, despite easing yields as issuers delayed raising funds awaiting the US Federal Reserve to start cutting interest rates from this......
India will sell a 10% stake in top state-run refiner Indian Oil Corp Ltd on Monday through a stock market auction, the government said, as part of its drive to raise funds by selling off......
In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions......
Anil Ambani Group firm Reliance Power said on Thursday it has tied up finances for its Rs 17,500-crore (Rs 175 billion) ultra mega power project at Krishnapatnam in Andhra Pradesh. The 4,000 MW......