P. Chidambaram has managed to show the fiscal deficit for FY14 at 4.6% against the targeted 4.8%.
Dept?s own estimate a mere Rs 20,000 crore
The 10% disinvestment in Indian Oil Corporation (IOC) through a block deal to ONGC and Oil India could be delayed…
Scales down expectations to under Rs 13k crore, but looks at other options
Lenders to ratify recast plan for these states before Feb 15
Banks are likely to push for a say in power tariff decisions of states that have signed…
With the CCI clearance, work has begun at some of the sites
Analysts like those at Crisil believe that the impact of the investments unclogged by the Cabinet Committee
Financial restructuring will boost this effort
9,000 applications for amnesty was received by service tax department till December 5
* Six out of 27 banks in consortium raise concerns over additional infusion of R159 crore
In our third and final part of the series on the finance ministry’s strategy for subsidies this fiscal, we delve…
More than Rs 1 lakh cr worth of loan recast proposals could hit corporate debt restructuring cell this year.
Bombay Rayon has repaid a third of its Rs 100-crore debt to the Central Bank of India.
A consortium of 23 banks has approved a R3,896-crore corporate debt restructuring package of highway developer Soma Enterprises
Bank has R50k cr excess cash; rivals say undercutting by 150 bps.
Repo moves gives them access to Rs 80,000-cr liquidity; 10-year bond yields fall 10 bps to 8.57%
* This is more than three times the budgeted amount
