The Centre on Thursday barred 13 states from buying or selling electricity on power exchanges until they clear their current bills from power plants, sending a clear signal that they will have to clear accumulated dues and pay regular bills on time.
Canadian pension fund Caisse dedépôt et placement du Québec (CDPQ) is in talks with Vodafone Plc to buy the residual 21% stake the UK telecom major owns in Indus Towers, India’s largest mobile tower installation company,said multiple people aware of the negotiations.
Mahindra & Mahindra is exploring the possibility of acquiring US carmaker General Motors’ factory at Talegaon in Maharashtra, soon after another Indian automaker, Tata Motors, agreed to take over Ford’s plant in Gujarat.
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