Diageo Plc’s move to acquire up to 26 per cent in India’s leading whisky maker United Spirits Ltd through an open offer has failed on expected lines. Diageo got 0.4 per cent, or a......
For the banking system a new cycle starts in FY2024.It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay. IMAGE: Finance Minister Nirmala Sitharaman......
It came as a surprise to all stakeholders — competing telecom companies (telcos), most analysts and even the government’s internal projections on revenues from the 5G auctions.......
Enjoying the backing of the regulator, Gill has identified the core problems, ring-fenced the banks from “influencers” and is in the process of building a new team.Now, he needs to play......
With their net debt estimated at Rs 1.15 trillion, the merged entity will not be in much of a position to dole out freebies, says Romita Majumdar. IMAGE: Aditya Birla Group Chairman Kumar Mangalam......
The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law. The Enforcement Directorate on Monday charged embattled......
- Sahara India needs to pay back $5.3 billion, raised from millions of small investors through the sale of bonds ruled by the Supreme Court to be illegal, before founder Subrata Roy can be......
Despite all the controversies, the IPL's brand value hasn't diminished. Instead, says Harish Kotian/Rediff.com, the IPL made the BCCI richer by over Rs 3 billion! IMAGE: Chennai Super Kings......
The BCCI top brass will meet officials of the sports management firm IMG on Monday to seek details of the financial dealings during suspended IPL Commissioner Lalit Modi's tenure. IMG conducts the......
India's leading real estate developer DLF Ltd has bagged the title sponsorship rights for the IndianPremier League extravaganza that is set to kick-off on April 18. A statement from the IPL on......