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Documents filed by Ravi Ruia appear to be "suspect": Court

Last Updated: Wednesday, June 10, 2015, 18:19

Essar Group promoter Ravi Ruia has faced the ire of the special 2G court which dismissed his plea seeking permission to travel abroad noting that the documents attached with his application appeared to be "suspect" and he was apparently "hiding appropriate facts".

Cairn India to merge with Vedanta Ltd; to pare debt

Last Updated: Tuesday, June 9, 2015, 18:21

The merger will help cut Vedanta's Rs 37,636 crore gross debt by using Rs 16,870 crore cash lying with Cairn as well as over Rs 14,000 crore of cash the firm generates every year.