SC paves way for Mittal's entry in Essar Steel

The Supreme Court last week paved the way for Steel baron Lakshmi Niwas Mittal led ArcelorMittal to takeover of the bankrupt Essar Steel from the Ruias after a prolonged legal battle for over two years

Vodafone’s India ops on brink of collapse: CEO

Vodafone-Idea, India’s second-largest telecom company, may be headed for liquidation unless the government eases off on demands for mobile spectrum fees, Nick Read, the chief executive officer of Vodafone, said in London

The Narendra Modi government has undertaken several reform initiatives since assuming power but there are still challenges which the Indian economy faces and the government is committed to resolve them in the new year, finance minister Arun...



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