As news reports suggest that the merger and Bharti Infratel and Indus Towers is unlikely to receive approval from the Department of Telecommunications, an expert believes the companies may get an extension on the deadline.

Tata Power has received a letter of interest (LoI) in Odisha for distribution and retail supply of power in five cities. The expected annual revenue of the proposed special purpose vehicle (SPV) will be in excess of Rs 3,000 crore, according to the private sector operator. Praveer Sinha, managing director and CEO of Tata Power shared his views on the matter in an exclusive interview with CNBC-TV18.

A Persistent slowdown in the Indian economy may be leading to a surge in gold mortgaging. George Alexander Muthoot, MD of Muthoot Finance shared his views and outlook.

The development comes after the group had earlier abandoned its plans to resurrect Jet Airways despite the initial interest.