"The place where action is taking place is in many respects the centre of global energy... as we go along we will navigate through this," Puri told reporters at an industry event in New Delhi
Federal Bank, Karur Vysya have to ensure that acquisition does not exceed 9.5% of their paid-up share capital
The company says the insolvency tribunal approved the plan when appeals against it were pending
US' intervention comes amid worries the licensing regime could impact shipments from the likes of Apple and Dell and force firms to boost local manufacturing
The Comptroller and Auditor General of India (CAG) also revealed that more than 139,000 beneficiaries have been linked to the number 8888888888