MV Ramsurya

  • Limited PE partners take the solo route

    Limited PE partners take the solo route

    In a trend that may affect private equity (PE) inflows into the country, many institutional investors of PE funds are abandoning these funds to make their own investment decisions.

    Arcelor’s India plans gain fresh ground

    Arcelor’s India plans gain fresh ground

    Arcelormittal's move to become a co-promoter in Mumbai-based steelmaker Uttam Galva is backed by the move to cash in on the robust demand for steel in India

    JSW may buy African mine for Rs 1,680 cr

    JSW may buy African mine for Rs 1,680 cr

    The Sajjan Jindal-owned JSW Group is in advanced talks to acquire a coal mine in Swaziland, Africa, at an estimated cost of about $350 million (around Rs 1,680 crore).

    No tax holiday for CBM production

    No tax holiday for CBM production

    This has come as a surprise to interested bidders as blocks containing oil and gas and coal bed methane are offered for simultaneous bidding by the government through the ministry of petroleum and natural gas.

    Auditors raise doubts over 'going concern' concept during slump

    Auditors raise doubts over 'going concern' concept during slump

    The growing complexities in companies’ balance sheets due to the global economic crisis and foreign exchange volatility have triggered a debate over one of the basic premises of financial accounting - every company is a ‘going concern’ that will not go out of business or liquidate in the foreseeable future.

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