SBI’s $1 bn promise to Adani group: The public bank has a lot of explaining...
The Rs 6,200 crore loan agreement the State Bank of India (SBI) signed during Prime Minister Narendra Modi’s Australian visit to fund Gautam Adani’s Carmichael coal project in Queensland has been questioned on the basis of its merits, with the proposal evoking sharp criticism from Congress... read more »
‘Govt planning to auction more than 74 coal mines in 1st lot’
The auction will help meet the growing demand for the fuel, Coal Secretary Anil Swarup said in Mumbai on Friday, Nov 21. Of the 214 captive coal blocks cancelled by the Supreme Court on September 25, auction of the first lot will begin on February 11 and will be completed by March 15, he added. The... read more »
Future Group acquires supermarket chain Nilgiris for Rs 300 crore
Future Consumer Enterprises (FCEL), the food and FMCG (fast-moving consumer goods) arm of the Kishore Biyani-led Future Group, has acquired Nilgiris, which runs a chain of convenience stores in South India, the company said in a statement on Thursday. The Future Group acquired a 98 per cent stake... read more »
Pankaj Advani swats away Paul Schopf
BANGALORE: With the airconditioning at the Sree Kanteerava Indoor Stadium working well, favourite Pankaj Advani, who struggled in the steamy conditions on the first two days, found some semblance of form as breaks flowed thick and fast from his cue in the Seaways IBSF World Snooker Championships... read more »
