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.......

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......

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.......

'Re plunge to cut India Inc's slowdown pains'

When everybody is scurrying for cover as the rupee plunges deeper and deeper everyday – on Thursday, it breached the 54-a-dollar mark intra-day -- ratings agency S&P says the fall in the......