Major shareholders to buy workers' shares in northern gardens.
Rajat Jain, managing director, Walt Disney India has decided to leave the company to pursue new opportunities after a three-year stint.
Under pressure from shareholders, Citigroup is planning to shed thousands of jobs and focus outside North America for growth, according to a report on the website of New York Times.
Casual advertisers that bought spots for India's matches are certain to pull out, delivering a blow of Rs 125-150 crore (Rs 1.25-1.5 billion) to Sony Entertainment Television, the official broadcaster.
The Ahmedabad-based Claris Lifesciences has received the United States Food & Drug Administration clearance for its sterile injectable manufacturing facility near Ahmedabad.
KPIT Cummins Infosystems, a global IT consulting organisation, announced on Tuesday a definitive agreement with Cargill Ventures to issue shares of $4.5 million on a preferential basis, in addition to warrants convertible into shares of up to $4.5 m.
Iron ore prices are expected to fall in next couple of months following the imposition of duties on exports.
The board of directors of JM Financial, which met on Thursday, approved a proposal, in-principal, to separate from Morgan Stanley in the joint ventures for investment banking and securities broking business.
Continuing with its move to position itself as a beverage marketing company, Tata Tea is set to divest 80 per cent in its North Indian Plantation Operations, which is being spun off to a handful of investors and workers.
The Ruias, Anil Dhirubhai Ambani group, Hindujas and Vodafone are all believed to have put in their bids.
The Centre has asked the Maharashtra government to reduce the size of the Reliance Industries-promoted Mahamumbai SEZ as it involves acquisition of over 10,000 hectares of land.
The demand comes close on the heels of Community, which represents more than 80 per cent of the company's UK employees, seeking talks with the Tata group
Broadcasters to see 30% drop in subscription revenue.
Tata Steel's greenfield projects -- in Orissa, Chhattisgarh and Jharkhand -- were significant for Corus, which incurred high cost on raw materials, said sources close to Tata Steel.
Meet the flamboyant Harish Thawani (46), the boss of Nimbus Communications who dons a diamond earstud.
The UK Takeover Panel has initiated discussions with the two suitors for Anglo-Dutch steelmaker Corus Group -- Tata Steel and CSN of Brazil -- to lay down the process for selecting the winner.
In a moved aimed at bringing inflation under control, the government cut customs duty on 11 product categories, including portland cement, capital goods, project imports and raw materials, late Monday night.
The solution lies in asking the private sector to get its own land; indeed, some of the firms planning large retail footprints across the country are tying up with specialised realty firms for precisely this reason.
With Indo-US bonhomie at its best, the US is all set to grant entry visas to a record number of Indians in the months to come.
