Govt has chosen fiscal prudence over massive spending. It should now efficiently finance and rapidly implement the National Infrastructure Pipeline worth Rs 102 trn announced previously
Company's foray into ferro alloy business to strengthen its steel business portfolio
Highlighting the business opportunities in the natural resources sector, Agarwal said that Indian industry should also explore in this sector
The Cabinet recently approved strategic divestment of the government's 53.29 per cent stake in BPCL
Referring to tourist attractions such as monuments and museums, he said, "These are run by the government. It is the time to think how can we make them independent, how we can make them free".
"Twin Star Technologies will not bid for RCom assets. The company is likely to make a formal announcement in the regard shortly," the source said
From Anil Agarwal and Mukesh Ambani joining the suitors' list for acquiring RCom assets to Sebi easing the process for onboarding overseas investors, here are the top business headlines for Thursday
RCom referred itself to the NCLT for insolvency proceedings after it failed to repay its debt worth Rs 45,000 crore
The remaining two EoIs will now be scrutinised by the resolution professional and submitted to the committee of creditors in the next meeting
On Sunday, Agarwal's investment company Volcan Investment, had submitted an expression of interest in buying Jet Airways
From SoftBank eyeing stake in Airtel's telecom biz and other assets to Anil Agarwal's expression of interest to revive Jet Airways, here are the top 10 business headlines for Monday
Agarwal submitted the EoI through his family investment arm Volcan Investments before the close of the bid process on Saturday afternoon
The company's topline in the period under review stood at Rs 21,167 crore, down 3.5 per cent from same period last year
Agarwal will likely make about $500 million from his investment and pocket between $200 million and $300 million after fees, according to sources
Vedanta now holds 48 oil and gas blocks in India through Cairn
Increased mining can add $500 billion to the economy and create two crore jobs, he emphasised
India, he says, is in 'satyug' under the Modi government where coteries have been demolished and only performance recognised
Vedanta Resources has taken the government of Zambia to international arbitration following the seizure of its Konkola Copper Mines (KCM)
Forbes magazine ranks him as the 37th richest India with a personal wealth of $3.9 billion
Agarwal's Volcan family trust has until July 30 to make a firm offer or walk away from the deal, which would leave Vedanta listed only in India