Power-packed M&A thrust
It can be a pure 'make-in-India' story in the making. Ever since the US has decided to pull out of the historic 'Paris Accord on Climate Change,' the weather for the renewable sector in the country is turning out to be exciting.
The Cash Crunch
Public sector banks in India are staring at humongous piles of bad debts, delinquent loans are rising unabated. Ballooning bad debts have caused 10 Indian state-owned banks to report losses of a whopping Rs.153 billion for the March, 2016 quarter. India Ratings, a Fitch associate, estimates that 21 per cent of the total bank credit is stressed.
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