No new capacity addition is planned for 2018 and capital expenditure plans are on hold
Piramal will join the JSW, Vedanta and Tata groups, which are bidding aggressively for distressed assets, especially in the infrastructure and steel sectors.
The corporate sector took production cuts, conducted inventory management and reduced staff to meet challenges following the govt's note ban decision
He would not be part of the day-to-day activities of L&T in his non-executive role. He would, however, be there at important company events.
Analysts remain confident RIL's refining and petrochemical segment will continue to support growth.
As A M Naik stepped down as L&T CEO, there are some things he still needs to take care of. And given his love for his company that's not the last we are going to hear of him yet.
'Today, moviegoers are in the 13 to 33 age bracket.' 'If people like us have to remain relevant, we have to make movies that cater to them,'
City police, metros, airports, even power utilities are using pop culture and social media to reach the young and encourage public ownership of public services. Amritha Pillay reports.
L&T Infotech hits the refresh button, rebrands itself as LTI With a new name, colour palette and business focus, L&T Infotech looks to break free of its past
Funds will be raised via non-cumulative preference shares issued to Tata Sons on rights basis
An analyst says, due to excess capacity, investment in manufacturing will not be forthcoming
While UltraTech Cement has been the biggest value creator adding nearly Rs 99,000 crore to its market capitalisation, Grasim Industries has added around Rs 27,000 crore to its market cap.
After their merger Vodafone Group CEO, Vittorio Colao says India is not a Jio market alone. Aditya Birla Group CEO, Kumar Mangalam Birla says Vodafone is dominant in metro cities, while Idea is a big player in urban, semi-urban markets.
BPCL and ONGC raised $4.9 billion in 2016-17 against $1.65 billion raised by Reliance
Saudi Arabia is insisting on 'In Kingdom' total value-addition requirements
With a new higher tax regime coming into effect from the new financial year, top corporates and wealthy investors are in a rush to restructure their shareholding.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
As infrastructure, power hardly deal in cash, its paucity has failed to affect their receivables
Revenues of Airtel and Idea have been hit by falling realisation and analysts said margins would be affected by higher costs.
The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end.
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