New Delhi: The government on Wednesday announced a bailout for stranded gas-based power projects and their lenders, under which liquified natural gas (LNG) will be imported and cash-strapped state power distribution companies financially supported ... Livemint.com, 4 days ago
Mumbai: Indian banks will be able to convert debts of defaulting publicly traded borrowers into equity, the nation's capital market regulator said on Sunday, clearing the way for lenders that are struggling with a surge in bad-loan provisions to ...Livemint.com, 1 week ago
A week after taking office, Arvind Kejriwal and his ministers have ambitious promises to keep. Rashme Sehgal discusses the challenge that confront the Delhi chief minister. The eyes of 20 million Delhites are focused on Delhi Chief Minister Arvind Kejriwal. On being voted to power with a thumping majority, will Kejriwal and his young and largely inexperienced team deliver on crucial electoral promises, keeping in mind that his Aam Aadmi Party had prepared a 70-point action plan as part of its ...Rediff.com, 1 month ago
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