Adani’s older brother plays key role at embattled dynasty
MUMBAI: In August, as India’s Adani group neared the completion of its $10.5 billion purchase of two cement businesses, the conglomerate and its banks put out some particularly complicated filings.On ...
Judge asks if Elon Musk’s $56 billion Tesla pay hangs on a legal ‘kill shot’
WILMINGTON: A trial challenging Elon Musk's $56 billion pay at Tesla Inc may hang on whether a single material misleading disclosure to shareholders would void the compensation plan, which the judge h ...
Vedanta-Foxconn selects Dholera SIR for first semiconductor facility in India
NEW DELHI: In a first, Vedanta and electronics manufacturing firm Foxconn on Monday unveiled their plan to set up a semiconductor and display manufacturing facility in Ahmedabad, news agency PTI repor ...
Over 94% value erosion found in 165 IBC liquidation case
MUMBAI: Big businesses that have gone into liquidation post-bankruptcy have seen a value erosion of over 94% of the admitted creditor claims, according to data collated by the Insolvency and Bankruptc ...
India targets 7% economic growth this year, expects to cross it in next 5 years: EAM
SYDNEY: India is targeting seven per cent growth in economy this year and we expect it to cross it in the next five years, external affairs minister S Jaishankar said on Saturday and adding that New D ...
Government further reduces wheat auction prices to check inflation
NEW DELHI: The department of food and public distribution (DFPD) has decided to further reduce the reserve price for wheat up to March 31.The reserve price under Open Market Sale Scheme has been fixed ...