India's national treasury may have lost $210 billion due to sweetheart coal deals between 2004-2009, sparking a major corruption scandal and political uproar.
In March, India's foreign direct investment fell 11% year-on-year to $1.07 billion, highlighting the need for policy improvements amidst declining FDI trends.
Unitech plans to merge its eight telecom subsidiaries for better management, aiming to roll out services by mid-2009 while navigating delays with Telenor's stake sale.