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Updated at 4.45pm on 5 August 2020 to add clarification from Tata Motors.   The 15th of January 1998 was a red-letter day in India’s automotive history. On that day, at New Delhi’s Pragati Maidan expo grounds, several new cars were launched; but the, but the car that really grabbed the...
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  • Recent commencement of change-in-law-payments by state power distribution companies (discoms) and Solar Energy Corp of India (SECI) for goods and services tax (GST) to solar power projects, comes as a shot in the arm for the sector with monetary benefits, says a research report.    In...
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  • Adani Properties, Sunteck Realty and Suraksha Asset Reconstruction Ltd are among the companies which have submitted expressions of interest (EoI) to acquire the insolvent Housing Development and Infrastructure Limited (HDIL).   In a regulatory filing on Tuesday, HDIL said that bids of...
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    Dear Mukeshbhai,   Thirty-five years ago, back in 1985 as a 23-year-old reporter freelancing for an international weekly news magazine, I had the privilege of sitting down with your late father Dhirubhai Ambani for a one-on-one interview. Dressed in immaculate white safari suit and...
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  • The Reserve Bank of India (RBI) is trying to find a workable solution in the Punjab and Maharashtra Cooperative (PMC) Bank matter as losses in the bank are very high and have eroded deposits by more than 50%, says RBI governor Shaktikanta Das. However, it has been almost 10 months since RBI...
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