It is unrealistic to expect that change will happen in one year: Birla
Last Saturday, USL board asked its Chairman Vijay Mallya to quit.
The agency did not seek a reappointment in FY12.
USL is already contesting a Karnataka High Court order.
Hindalco is currently one of the frontrunners in the coal auction
Hindalco has already bagged 4 mines in Jharkhand and Chhattisgarh
Clearly, he is in the right place, at the right time.
Analysts suggest making separate firms of tobacco, hotels and FMCG divisions
The tax dept has served notices on about 36 foreign investors.
Coal, land, insurance bills are cited as govt's commitment to reforms.
Face Rs 1,000-cr minimum alternate tax demand
Executives would analyse information and pass it to seniors.
Govt depts, banks prone to information leakage.
Tatas may look at selling part of its stake in couple of investments
Global expansion to drive the company's fortunes
Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.
The total valuation of Tata Teleservices, according to the valuer, was only Rs 11,000 crore (Rs 110 billion), against the pre-agreed valuation of Rs 27,000 crore (Rs 270 billion).
Drug maker Cipla always fought a lone battle to make drugs affordable in India.
Ril's shale gas may be impacted due to fracking ban
The total investment at risk is $930 billion and oil companies will need to cut their expenses by 30 per cent to make their projects viable provided oil remains around $70 a barrel.
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