Sanjeev Gupta of Liberty House, a global supplier of metals and engineering solutions, who has emerged front-runner for a number of stressed companies, plans to fund a string of companies through a mix of equity and debt.
Siva group defaulted on payment in 2016 and is also facing CBI investigation
Most large companies have curbed their hiring plans in 2018-19 because they continue to invest in digital technologies.
Wipro said recently it was expecting its revenue growth to drop 2.33 per cent or stay flat between $2,015 and $2065 million.
Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower
The proposed campus will come up on around 125 acres, which the company will acquire from airport authorities, and would house as many as 3,000 employees.
Kochhar brothers stepped down from the board of Credential Finance by 2009. While Deepak Kochhar started NuPower Renewables, Rajiv set up Avista Advisory Group
Caste composition is going to be a huge determinant for winning the constituency where Vokkaligas and Lingayats constitute a vast majority, which puts Siddaramaiah in a weaker turf given that he belongs to the Kuruba community.
Avista helped some companies restructure their debt in such a way that overseas investors had to take a steep haircut
Over the last years, taking the helm at Infosys has always had a strong resemblance with taking a roller-coaster ride
'Where is the board's accountability in this whole transaction? The members of the earlier board who participated in approving and defending these acquisition are still in the current board,' the whistleblower said in a mail sent to US SEC and Sebi.
How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.
This was the companies' highest loss in two years.
NuPower will return loan with interest to consumer durables major by 2021
Experts, however, are of the opinion that a world manned mostly by bots is still some time away. Also, new jobs -- of bot builders and supervisors -- will emerge with time.
Besides working on better operational control, internal efficiency and leveraging of internal talent, Salil Parekh is also focusing on building a pipeline of leaders
Uttam Galva Steels is a part of the Reserve Bank of India's second list of cases, which will be referred to the bankruptcy tribunal for insolvency proceedings after lenders failed to resolve the account by December 2017.
The banks also received a warning from the rating agency Care, in February 2016, after Firestar's financials deteriorated.
nternally, Wipro has been pushing for 'automation'. However, when it comes to profitability, the Bengaluru-based company has a long way to go. Wipro chief executive officer Abidali Neemuchwala says while the benefits are going mostly to clients, they would start reflecting in the company's bottom line.
The code says the process is intended to balance the interests of all stakeholders and the resolution plan is also required to make a statement as to how it has dealt with these interests.
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