The two companies have approached banks to raise up to Rs 8,000 crore as debt to fund their expansion plans.
Some investment bankers expect the Indian currency to touch 60-65 by the end of the year
The German sportswear maker has brought Haskell, who played a key role in writing the growth story for Adidas in China, to give Reebok's India business a 'fresh start' after the alleged Rs 870-crore (Rs 8.7-billion) fraud by former managing director Subhinder Singh Prem and chief operating officer Vishnu Bhagat.
While the MRP of the device is Rs 37,380, Samsung Galaxy Note II is being sold at much lower prices on e-commerce portals.
Says inordinate delay on this and other issues raised by firm earlier are impacting investor confidence.
SBI says recovery process on as no court stay yet.
Last week, to study the market, Coca-Cola introduced promotional 750-ml PET bottles for Rs 30, the price point of 600-ml PET bottles, across its portfolio of Coke, Sprite, Thums Up, Fanta and Limca, primarily in metro cities.
Many top firms have had to write down their investments, as the value of those have collapsed due to sluggish biz conditions.
CEOs point fingers at rural job guarantee and related govt welfare schemes; say mechanisation an increasingly viable option.
Lack of time was cited as the main reason for Bharti Chairman Sunil Mittal's exit from the Unilever board.
Merchant bankers appointed to explore options on merger or stake sale in Tata Teleservices.
However, foreign investors have completely shunned the infrastructure sector.
Bharti was talking to Standard Chartered Bank and Citibank, among others, to manage the issue.
These companies gave annualised returns of 11% on an average in the last five years, while shareholders of family-owned companies saw 5% annualised erosion
These companies may recall loans in extreme cases; loan-to-value ratio stands at 60% but scrap value at 75%.
This is going to be the lowest price for a Coke product in the non-returnable ready-to-drink category.
These trusts hold 66 per cent stake in unlisted Tata Sons, the holding company of the $100-billion Tata group of companies.
Says tradability will ensure greater economic efficiency & higher revenues for the government.
In talks with BSNL, MTNL to float a firm in which it will hold 49 per cent.
DoT's data is based on inputs from the Telecom Regulatory Authority of India and service providers.
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