The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group
At $12-bn valuation, this will be India's largest FDI; deal to be announced on Saturday, says Dev Chatterjee.
Declining interest rates, a near-normal monsoon leading to higher rural incomes and pay hikes for central government employees are key triggers, says Dev Chatterjee.
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
Its rich valuation with a PE of 62 times raises downside risk for investors
The combined pay for India Inc's top management was up 30 per cent in FY16, growing at the fastest pace in nine years
Accumulated sum Rs 31,500 crore in 2015-16
A typical consumer will have to opt for Jio's Rs 499 plan, which is a steep 2.5 times more than what the average user pays at present.
The venture is applying to the Reserve Bank of India for approvals.
Together, they controlled nearly Rs 26 lakh crore of assets at the end of FY16.
The Aditya Birla Group announced the merger of its two holding companies, Aditya Birla Nuvo and Grasim, to make the holding structure clearer, ensure stable cash flows and unlock value in its financial services arm
Vishal Kampani has big shoes to fill as his father is close to the Ambanis, the Wadias and the Ruias, says Dev Chatterjee.
A GST roll-out by April 1 looks difficult, giving the companies some succour.
Vishal Kampani said one of the important lessons he learnt from his father was to be humble.
In India, bond yields have fallen nearly 70 basis points in the last one year.
Sixteen companies in the group registered a turnover of over $500 million, with ten of these registering a turnover of over $1 billion
Ten of top 15 companies in 1991 were PSUs; now, there are only six. Their revenue share has also fallen from 86% to 45%
The founders of Gland Pharma, led by Ravi Penmetsa, and KKR, together own 96 per cent of the company.
Tata Steel (then Tata Iron and Steel), the most valuable index company in 1991, is now the least valuable.