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Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
The agreement says UB Group and Adventz will have the right of first refusal over each other's shares.
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Though the party's pre-poll promises include increasing the focus on technology, this isn't a new idea.
Chanda Kochhar, managing director of ICICI Bank, says the new government must take effective action bringing clarity around tax laws.
In the quarter, Cognizant's revenue grew one per cent over the past quarter in North America.
Rajeev Mehta says the slow beginning in North America was primarily on account of some health care clients, evaluating the impact of the Affordable Care Act before deciding on their technology spending.
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Revenue yield on every rupee of investment fell to Rs 1.06 in FY13 from Rs 1.20 in FY08.
The company needs Rs 2,000 crore more in 2 years to repay debt.
Firm evaluating options, could spend over $400 million.
Looking to put money in aviation, infrastructure and also to reduce debt of group companies.
'Employee first and customer second' continues to be a very strong philosophy of HCL.
Adani Enterprises plans to invest a total of $25 billion in the next five years.
IT industry hiring big time, but quality concern persists.
I would prefer a government that is stable and progressive, a government that takes quick decisions, a government that is much more oriented towards creating jobs, and one that attracts a lot of foreign investments, says N R Narayana Murthy.
With the advent of new banks, IT firms will get boostto their businesses.
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.
Microsoft India's chairman Bhaskar Pramanik tells Business Standard how India will be at the forefront of the company's 'mobile first, cloud first' strategy.
After a five-year stint as chairman of the Unique Identification Authority of India, Nandan Nilekani is set to contest the Lok Sabha elections from the Bangalore South constituency on a Congress ticket.
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