Tata Communications has elected the private equity (PE) veteran as a successor to Subodh Bhargava.
He's betting big on small stores to help him reach 10 million households by FY21, report Abhineet Kumar and Raghavendra Kamath.
Investor Rakesh Jhunjhunwala and his family's net worth in listed companies surges in the recent bull run.
Aptech, Lumax Industries, Vedanta, Indian Bank, Venky's India have appreciated over 200% in a year
41 companies take back shares worth Rs 27,783 crore in FY17
The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table.
Sun Pharmaceutical, which is growing its dermatology and ophthalmic specialty business in the US will spend $460 million on R&D.
In 2015-16, Sikka as CEO took home Rs 48.73 crore as salary (including, bonus and incentives), which is the highest among peers.
Indian companies have made acquisitions of $1 billion so far in January
Real estate will prosper, small developers won't.
The National Stock Exchange's proposed IPO to raise Rs 10,000 crore this year is expected to see the largest ever PE exit, of around Rs 5,000 crore.
Cross previous high of $72 billion in 2007 as Indian promoters overcome the selling taboo. Abhineet Kumar reports from Mumbai.
Among these, Hindalco and Vedanta from the metal pack have become multi-baggers, gaining 100 per cent in 2016
Demonetisation, Donald Trump's surprise victory in the US presidential elections, and the fear that US Fed may hike rates in the upcoming policy review in December have dented market sentiments, report Puneet Wadhwa & Deepak Korgaonkar.
The average return for the 2,127 companies outside the A-group is 42 per cent
Accumulated sum Rs 31,500 crore in 2015-16
A bonus is given to existing stockholders in proportion to the number of shares they already hold.
The venture is applying to the Reserve Bank of India for approvals.
market rally, especially in mid-caps, has also been driven by a pick-up in the monsoon and the government's resolve to get the goods and services tax (GST) Bill cleared in the recent session of Parliament.
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