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BusinessToday.In
New Delhi, August 30, 2018
The RBI said its balance sheet size increased by 9.49 per cent for the year ended June 30, 2018, which helped shape the monetary and financial conditions during the year.


BusinessToday.In
August 30, 2018
The deal, largest in the power sector, marks the entry of the Gautam Adani group, which thus far has only been into power generation and transmission, into the distribution space. For Reliance Infra, the sale is a big boost to pare its debt which stood at over Rs 22,000 crore.


PTI
August 29, 2018
Reliance Infrastructure (RInfra) today said it has completed the Rs 18,800-crore deal for sale of its Mumbai energy business to Adani Transmission, which will help it pare debt by two-thirds to Rs 7,500 crore.


BusinessToday.In
New Delhi, August 27, 2018
As per the RBI's February-12 circular, the over 70 defaulting companies had been given six months starting from March, following which financial creditors were supposed to move the NCLT against them.


Mail Today Bureau
August 27, 2018
The RBI circular asks banks to identify projects with even a day's default as stressed assets, and conclude resolution proceedings in 180 days.  The circular came into effect on March 1 and the 180-day deadline concludes on August 27.


Milan Sheth
August 26, 2018
Intelligent automation (IA) is the fastest growing technology with the greatest power for disruption. Faced with enormous IA opportunities, what is in store for enterprises going through the IA journey?


PTI
August 26, 2018
SAIL has formed joint venture companies in different areas, namely power generation, rail wagon manufacturing, slag cement production, securing coking coal supplies from overseas sources, among others.


BusinessToday.In
New Delhi, August 24, 2018
\"The size of the loss caused by the calamity is equal to the size of the annual plan the state has chalked out for 2018-2019. I need not have to tell you that Kerala on its own will not be in a position to mobilise the required resources to bridge the gap, reclaim, and rebuild,\" says Vijayan.


PTI
New Delhi, August 24, 2018
There are about 34 stressed power projects and the combined value of their outstanding loans is about Rs 1.74 lakh crore.


Goutam Das
August 23, 2018
For the \"face of the industry\" to change, J.C. Sharma, the Vice Chairman and Managing Director of Sobha Limited, has a list of asks from regulators and the government.


Anand Adhikari
New Delhi, August 22, 2018
The government, banks, and power producers are all working together to save stressed power loans from bankruptcy.


BusinessToday.In
August 20, 2018
The world's largest online retailer is reportedly interested in Kumar Mangalam Birla's food and grocery supermarket chain More.


Naveen Kumar and Renu Yadav
New Delhi, August 20, 2018
Digitisation has reached a level where you can manage your entire financial world with clicks and taps. Here is what all you can do and how you can manage personal finance digitally.


Sumant Banerji
New Delhi, August 20, 2018
India is building roads at a frenetic pace. The dream of building 40 kilometres a day is within the realm of possibility now.


Anilesh S. Mahajan
New Delhi, August 20, 2018
Despite huge strides, the risk of stressed and stranded projects is keeping investors jittery about India's infrastructure building strategy.


Manu Kaushik & Joe C Mathew
New Delhi, August 20, 2018
Less than a year after taking charge, K.J. Alphons, Minister of State (Independent Charge) for Tourism, launched a revamped Incredible India campaign. Alphons, who is candid about the issues facing India's tourism sector and wants to reduce the role of the government to just promoting tourism, speaks about efforts to make tourism hip again in a conversation with Business Today's Manu Kaushik and Joe C. Mathew. Edited excerpts:


Akshay Purkayastha
New Delhi, August 20, 2018
Five ways to revitalise infrastructure financing in India.


BusinessToday.In
August 19, 2018
Prime Minister Narendra Modi on Friday visited flood-ravaged Kerala and announced an immediate financial assistance of Rs 500 crore. He also announced an ex-gratia of Rs 2 lakh per person to the next of kin of the deceased and Rs 50,000 to those seriously injured.


BusinessToday.In
August 17, 2018
As a member of Rashtriya Swayamsevak Sangh, Atal Bihari Vajpayee was already politically active by the age of 16. He participated in the Quit India Movement in 1942 and was arrested with his brother for 23 days.


Anand Adhikari
New Delhi, August 16, 2018
BJP was seen as a party which opposed liberalisation or reforms. However, in his tenure as the prime minister, Atal Bihari Vajpayee emerged as more of a reformist.


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