Lenders give Essel more time to repay debt
The Essel Group wanted a time extension to fetch better value for its assets including roads, green energy, and its flagship Zee Entertainment Enterprises.
infrastructure
September 2019
August 2019
July 2019
Moon walking in Bangalore
A viral video shows the stark reality of the death of civic infrastructure in Bangalore—India’s Silicon Valley. If this does not trigger panic and bring dramatic change, what will?
The ambitious aren’t limited by resources: B.K. Goenka
The self-made business leader stressed on the merits of commitment, customer focus, and ambition to rise to the top as key contributors to entrepreneurial success.
Budget 2019: Good to have an aspirational target
The Budget comes when the economy needed a makeover by providing an impetus to many sectors, particularly agriculture, rural infrastructure, startups, and micro, small and medium enterprises.
Western Digital’s chip thrills
U.S. data storage major Western Digital, which hosts 45% of data worldwide, is managing the deluge of data emanating from our multimedia-rich lives every moment—safely and securely.
Budget 2019: A step towards a future-fit India
The underlying essence of Union Budget 2019 is institutional reforms and green tech-led growth which can equip India for the times ahead.
L&T Q1 net profit up 20%
The engineering major retained its guidance for order inflow and sales growth but expects private sector capex to stay subdued in the near term.
Sitharaman packs a punch in maiden Budget
FM seeks to address pain points in the economy, boost infrastructure and capital markets. But hike in surcharge for higher taxable incomes dampens sentiment.
Financing the Budget
Faced with a funding crunch, the government is depending heavily on foreign direct investment and overseas portfolio players, retail investors, and a PPP model to finance its projects.
Good blueprint, but gaps remain: India Inc.
Focus on infra, housing, financial services, labour reforms welcome; but concerns remain on corporate tax, ability to meet disinvestment target.
