Neha Dasgupta
Stories by Neha Dasgupta
ArcelorMittal forms JV with Nippon Steel to run India’s Essar Steel
ArcelorMittal will have a 60% stake in the new venture, ArcelorMittal Nippon Steel India Ltd.
Indian housing finance major DHFL warns it may not survive as a going concern
DHFL said it was "undergoing substantial financial stress" and its ability to raise funds was "substantially impaired".
Indian court rejects plea against ArcelorMittal’s bid for Essar Steel
This paves the way for billionaire Lakshmi Mittal's entry into the country's fast-growing steel market.
US commerce secretary to discuss India’s e-commerce rules with Indian counterpart
Ross is visiting New Delhi at a time when India and the United States are locked in disputes over tariffs, hoping a breakthrough in the talks.
Debt-laden IL&FS begins work on assets sale in restructuring push
IL&FS’ board has decided to publicly solicit expressions of interest for its stakes in both IL&FS Securities Services, and ISSL Settlement & Transac
India’s NBFC sector may undergo major overhaul after IL&FS default
Indian regulators may cancel licences of as many as 1,500 smaller non-banking finance companies on account of inadequate capital.
India’s RCom plans $2.68b asset sale to Jio, Brookfield in next few weeks
The move follows a settlement with Ericsson for partial payment of dues owed by RCom to the Swedish company.
AIIB approves $1.5b in loans to India for infrastructure projects
The funds would be used for India's energy, roads and urban development projects. AIIB will examine allotting more funds for such projects next year.
Indian Oil plans $2.4b expansion of Gujarat refinery
It is part of IOC's plan to increase its refining capacity by about 89% to 3 million barrels per day (bpd) by 2030.
Saudi Aramco seeks exclusive talks over India oil refinery stake
The proposed talks come as Saudi Arabia seeks to secure customers for its oil amidst a global supply glut.
