Looking to put money in aviation, infrastructure and also to reduce debt of group companies.
Adani Enterprises plans to invest a total of $25 billion in the next five years.
Govt likely to make security clearance mandatory for telcos irrespective of equity holding before giving licences; DoT members to meet today.
US-based Apollo Global has picked up stake in Indian firms which are not doing that well financially.
Going forward, Vinita Bali, outgoing MD, Britannia wants to do other things in life which she was unable to pursue.
The Aditya Birla group has slammed rating firm Moody's for placing Novelis, the group's aluminium products subsidiary, in line for a possible downgrade to default.
The once-powerful Japanese major is left with little to show in the face of sustained competition from rivals.
Telecom tower companies likely to invest around Rs 500 crore (Rs 50 billion) to enhance network.
Rahul Khullar, Trai chairman beleives politicians and corporates who own media houses should give freedom to editors.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
For Uninor, it is more important to serve customers better in existing circles rather than going for pan-India operations.
Sources say companies will have to keep the market share of merged entities below 50% in all circles
Just stand in front of his latest film Kochadaiiyaan's hoarding, send an SMS, and watch what happens next.
Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007
Since August 2013, FIPB has approved two FDI proposals in the telecom sector.
Worried over the fallout of the Supreme Court's observations on allocation of coal blocks, India Inc wants the apex court to consider a reprieve for those allotted to genuine companies that have invested billions.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Lenders to Kingfisher Airlines, led by State Bank of India, had moved courts to get residual rights over these shares after Srei recovered the collateral from the defunct Kingfisher Airlines, making it difficult for Srei to sell the shares, said a legal source.
The company has identified India as one of the two key markets in South Asia.
In the process, Vodafone India's valuation rose 48.39 per cent since February 2012, when Piramal Enterprises bought 5.5 per cent stake in Vodafone India for Rs 3,007 crore (Rs 30.07 billion).