Debjit Chakraborty
Stories by Debjit Chakraborty
India seeks preliminary bids to sell BPCL, keeps state players out
The government plans to sell about 1.15 billion shares, its entire stake of roughly 53 per cent.
Indebted IL&FS suffers $3.15b loss after asset writeoff
Eroding finances led to an unexpected default by IL&FS last year, triggering a spate of defaults in the NBFC sector.
Modi govt weighs paring stake in Indian Oil to below 51%
The country is likely to start selling shares in Indian Oil through an exchange-traded fund in January.
India: RBI puts lending curbs on Lakshmi Vilas Bank
Lakshmi Vilas Bank is seeking a merger with financier Indiabulls Housing Finance to reduce its delinquent debt.
A $4b investment by Mukesh Ambani’s RIL is hurt by global gas glut
RIL's investment was aimed at boosting profits at the world’s largest oil refining complex.
Aramco, BP deals to help Ambani slash $22b of Reliance debt
Ambani is cleaning up the group’s finances following years of spending on his wireless carrier.
India may split units of Coal India to boost output
India may spin-off units of the world’s largest coal miner into separate listed companies.
India’s Gautam Adani to sell data storage services to Amazon, Google
The billionaire’s hope is to capitalize on demand from foreign technology companies, who are expanding in India as the use of smartphones and Intern
India’s Gautam Adani staves off criticism on controversial Australia coal mine
Adani bought the resource in Australia’s Galilee Basin in 2010.
India’s top oil refiner seeks paths to Modi’s cleaner future
Indian Oil is aiming to sell natural gas for vehicles through its existing retail network and has formed teams to research concepts to power electric
