Tatas may look at selling part of its stake in couple of investments
Global expansion to drive the company's fortunes
Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.
The 2015 World Bank group's Doing Business index ranked India at 142, down from 140, which it was the year before.
The total valuation of Tata Teleservices, according to the valuer, was only Rs 11,000 crore (Rs 110 billion), against the pre-agreed valuation of Rs 27,000 crore (Rs 270 billion).
A key government official involved in initiatives to make doing business in the country easier said improving the ranking to 50th in a year was not possible but the country could certainly do that over two years.
Companies that are listed or are in the process of being listed, and have a net worth of at least Rs 500 crore, must adopt these standards from April 1, 2016.
Drug maker Cipla always fought a lone battle to make drugs affordable in India.
Ril's shale gas may be impacted due to fracking ban
The total investment at risk is $930 billion and oil companies will need to cut their expenses by 30 per cent to make their projects viable provided oil remains around $70 a barrel.
Russia's central bank early on Tuesday raised interest rates to 17 per cent to counter the 50 per cent rouble fall in six months.
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Corporate lawyers say the fine on independent directors will make them more cautious and some will be wary of taking assignments from companies with low corporate governance standards.
The move is aimed at making it easier to do business in India.
Kolkata-based United Bank of India, which had earlier declared Kingfisher Airlines and its four directors, including Mallya as wilful defaulters, on Tuesday identified UBHL, the guarantor of the grounded Kingfisher Airlines, also a wilful defaulter.
Experts say it's not only important to get due-diligence done by an independent firm but it needs to be cross-checked, too.
Bankers say it's a question of survival for debt-heavy companies.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
China has cast a long shadow on India's economy.
On Reva, Mahindra says electric cars are an innovation that can disrupt the automobile sector.
Zopper, a price comparison site, with 2,000 online and 200,000 offline merchants on board, aims to increase user activity 100 times in 3 years.
