Currently, three names are doing the rounds to be in the race - ADIA (Abu Dhabi Investment Authority), Ferrovial and PSP - a leading pension fund. Much will depend on the details of the deal and the quantum of investment as to what extent GVK will manage to come out of its troubles.

Both solar and wind tariffs have fallen steeply in recent years, but excessive emphasis on lowering tariffs is now threatening India's renewable energy success story.

The new governor will not only have the challenge of meeting the government's expectations but will also have to accept the supremacy of the board.  The appointment, however, may take some time as sources told BT that the government may come up with an advertisement seeking applications

National Investment and Infrastructure Fund (NIIF) Tuesday announced an investment of Rs 660 crore in HDFC Capital's real estate platform that finances mid-income and affordable housing projects.

Jaitley also termed the Congress as a \"national saboteur\" trying to spread disinformation about the developments in debt-ridden IL&FS.

Office space is in heavy demand in BKC, which has emerged as the city's financial centre in the past few years, taking over from Nariman Point. So, the sale of the corporate headquarters is expected to fetch Rs 1,300-1,500 crore. 

Incorporated in 1987, IL&FS was ex-Citibanker Parthasarathy's brainchild and was initially promoted by the Central Bank of India, Housing Development Finance Corporation Limited and Unit Trust of India (UTI).

Maharashtra Chief Minister Devendra Fadnavis, now on a trip to the Middle East, USA and Canada to attract foreign investments into the state, has managed investment commitments in ports, infrastructure and urban housing -- including slum redevelopments projects -- from the United Arab Emirates' (UAE) key decision makers and business leaders.