Issue of 15th Apr-21st Apr 2024
SC's Curative Order Exposes RInfra’s Claims on Debt Settlement of Delhi Airport Metro’s Dues
On 10th April, the Supreme Court of India (SC), in a landmark order in response to a curative petition, overturned a Rs8,000-crore arbitration order in favour of the Anil Ambani group. The arbitral order, after long litigation, had been previously ratified by a two-member bench of the SC in September 2021.   The SC’s curative order is indeed... Read More
A chemicals company has completed its greenfield expansion. This facility, which was supposed to cost Rs400 crore for phase-1, was completed for Rs470 crore. It was funded through bank loans and internal accruals. The expansion is expected to generate additional revenue of about Rs500...
Moneylife Digital Team
It is one of the largest laminate producers in India having an installed capacity of 14.3mn (million) sheets per year. It has two manufacturing facilities based in Haryana—Panchkula (4.5mn sheets capacity) and Manak Tabra (9.8mn sheets capacity). It sells high-pressure laminates, decorative...
Moneylife Digital Team
IRB Infrastructure Developers Ltd (IRB) focuses primarily on road and highway projects and is also involved in airport and real estate construction. It is India’s largest roads infrastructure player. IRB undertakes projects and concessions across three platforms: directly on an engineering,...
Moneylife Digital Team
In India, thermal power generation constitutes about 56.5% of the total installed capacity followed by renewable energy which is 21.2%. According to research by CRISIL, around 30GW (gigawatt) of coal-based capacity is expected to be added over the next four years largely led by state and...
Moneylife Digital Team
The worldwide pharmaceuticals market, based on invoice price levels, is projected to witness a compound annual growth rate (CAGR) of 3%-6% until 2027, reaching approximately US$1.9trn (trillion). Regional trends are expected to vary, with developed economies maintaining steady growth rates due...
Moneylife Digital Team
Most Bollywood films of yore had a scene where the villain would hold someone dear to the good guy to ransom to force the hero to do his bidding—like signing on a paper or agreement to transfer assets, etc. Fast forward to 2024 and you hardly find such scenes in films or television serials....
There is a long-standing debate on consumption of eggs and heart health. But findings from a new study indicate that consuming a dozen fortified eggs on a weekly basis does not significantly affect cholesterol levels, compared to a diet with minimal egg intake (two or fewer eggs...
Akshay Naik
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