Infrastructure Companies

Union Budget 2021: Govt should introduce framework for fiscal consolidation of infra firms

The infrastructure sector has been one of the most impacted due to the pandemic and companies have come under considerable financial stress.

Union Budget 2021: Favour extension of pandemic support measures, thrust on infra investment, says IMF

IMF’s chief economist Gita Gopinath said more public infrastructure spending is needed and that the Government of India has expressed its intention to do so

Union Budget 2021: Centre may address inverted duty structure for steel products to boost manufacturing, say sources

Inverted duty structure impacts the domestic industry as manufacturers have to pay more for raw material in terms of duty, while the finished product lands at lower duty and cost

Union Budget 2021: Focus must be on creating demand, encouraging infrastructure spending, says India Inc survey

India Inc expects the government to continue with its policy focus on strengthening the manufacturing ecosystem, promoting research and development, and incentivising futuristic technologies

Supreme Court halts ArcelorMittal payment to lenders to buy Essar Steel; Mittal's foray into Indian market delayed

India’s bankruptcy court had approved ArcelorMittal’s $6 billion-bid for debt-ridden Essar on 8 March, potentially ending months of court battles and opening the sector to outsiders.