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"India’s capital goods industry, even before Covid-19, for almost last 10 years, has underperformed the larger market. So for cos like Thermax, to wait for really big projects in the range of Rs 500-Rs 1,000 crore may not be the answer."
"PFC along with REC Ltd executed a Memorandum of Understanding with SJVN Thermal (P) Ltd (STPL) for extending term loan of Rs 8,520.46 crore for 2x660 MW Buxar Thermal Power Project on 26th November 2020," a PFC statement said.
Tech Mahindra Managing Director and CEO C P Gurnani said the Indian private sector has tried to explore how - with limited R&D spends - it can still continue to innovate without always turning to 'Jugaad' that sometimes has a negative connotation.
JUST IN: #Cabinet approves Scheme of Amalgamation of #LakshmiVilasBank with DBS Bank India Ltd; with this there will no further restrictions on the depositors regarding withdrawal of their deposits.