The government has rejected Cairn IndiaĆĀ“s plea to renew the contract for the prolific Rajasthan block with the existing terms and conditions and has asked for the investment plan for the renewal period to assess the extent to which the stateĆĀ“s share of profit can be raised.
Tag: Anil Agarwal
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Vedanta to issue Rs.2,000-crore NCDs to refinance debt
Vedanta Limited will issue non-convertible debentures (NCD) worth Rs 2,000 crore with an aim to refinance its debt.
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Rent and reward
True wealth to the nation is generated only when the land is put to productive use. Long-term land lease over land acquisition can accelerate the investment cycle in India.