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In an issue about the disallowance of USD 1.1 billion in costs, Vedanta won an arbitration

In an issue about the disallowance of USD 1.1 billion in costs, Vedanta won an arbitration

Following the disallowance of Rs 9,545 crore (USD 1.16 billion) in some incurred expenditures, mining billionaire Anil Agarwal's Vedanta Ltd won an arbitration against a demand for a bigger payout from its productive Rajasthan oil and gas reserves, the company said. The government has sought additional profit petroleum (or its share from the oil and [...]
DLF will start two high-end housing projects in Gurugram with a potential income of Rs 15000 Cr: MD Ashok Tyagi

DLF will start two high-end housing projects in Gurugram with a potential income of Rs 15000 Cr: MD Ashok Tyagi

Realty major DLF Ltd will launch two luxury housing projects worth Rs 15,000 crore in Gurugram during the second half of this financial year to expand its business amid strong demand for premium homes, its Managing Director Ashok Kumar Tyagi said. Tyagi said the company has set a target to reach sales bookings of Rs [...]
T V Narendran, CEO & MD of Tata Steel: Aims to increase the use of hydrogen in the steel-making process 

T V Narendran, CEO & MD of Tata Steel: Aims to increase the use of hydrogen in the steel-making process 

Tata Steel plans to scale up the usage of hydrogen in the steel-making process after the successful completion of the pilot project at its Jamshedpur plant, in Jharkhand, the company's CEO and MD T V Narendran said. At its steel factory in Jamshedpur, Jharkhand, Tata Steel started the first experiment of its sort in April [...]
Saint Gobian plans to achieve 10% growth in FY24 by investing Rs 8,000 crore in India

Saint Gobian plans to achieve 10% growth in FY24 by investing Rs 8,000 crore in India

Saint-Gobain entered India in 1996 and has grown significantly and profitably since then, becoming a leader in all key industries. Saint-Gobain has 76 production facilities (almost all of which are ISO 14000 and OHSAS 18000 certified) in India, where it employs over 18,679 full-time and part-time workers. Sales for the business topped 126.33 billion in [...]
Refinancing: How to Assess the Benefits of Debt Restructuring?

Refinancing: How to Assess the Benefits of Debt Restructuring?

Refinancing (kredīta refinansēšana) is the financial service offered by banks and many non-banking credit organizations. It means that you get a new loan used to pay out previous debts. This may become necessary if the borrower is facing financial problems and cannot carry out the obligations by previous provisions as a result of economic recession, [...]
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