Needs funds for Odisha plant expansion, to cut high debt.
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
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Issue in two months for Australian projects; group to invest another $15 billion in infrastructure projects by 2020.
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
Murthy comes at a time when the company is losing market share, profitability, and has lost control over predictability of the business.
It, however, is yet to decide on the annual wage rise.
SBI says recovery process on as no court stay yet.
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
In the quarter ended March, the company's overall headcount fell by 791 to 84,403.
These companies may recall loans in extreme cases; loan-to-value ratio stands at 60% but scrap value at 75%.
Move to help employees get more without raising their salary base
Q4 turned out to be a much softer quarter than we expected, and some of the ramp-ups did not happen.
These trusts hold 66 per cent stake in unlisted Tata Sons, the holding company of the $100-billion Tata group of companies.
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