After their merger Vodafone Group CEO, Vittorio Colao says India is not a Jio market alone. Aditya Birla Group CEO, Kumar Mangalam Birla says Vodafone is dominant in metro cities, while Idea is a big player in urban, semi-urban markets.
BPCL and ONGC raised $4.9 billion in 2016-17 against $1.65 billion raised by Reliance
Any erosion in the TMC, may benefit the BJP, reports Ishita Ayan Dutt.
With a new higher tax regime coming into effect from the new financial year, top corporates and wealthy investors are in a rush to restructure their shareholding.
Aided by the new initiatives of the government, there has been a huge drop in imports
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end.
'This is purely a brand sale. It includes the Ambassador with its variants. Peugeot is likely to relaunch the brand with multiple variants.'
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
The idea is to create a start-up-like activity with a small business unit.
Political observers say Banerjee is fast emerging as the face of the Opposition and would be a force to reckon with in the next general elections in 2019.
Industrialist Pawan Ruia's (think Dunlop and Jessop) arrest this month for cheating and criminal breach of trust marked a new low, but the tide had been turning against him for a while now. Ishita Ayan Dutt & Avishek Rakshit report.
Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.
Tatas plan to revive, not sell the Port Talbot steel plant. The investment could be as much as $500 million.
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
Cyrus Mistry had put in place a strategy that would have pulled most of the Tata group's 'legacy hotspots' out of the financial mess from legacy issues and helped turn around the group's finances.
"After sinking in Rs 6,000-7,000 crore in the Nano till date, what is the result?"
Mistry indeed followed standards of corporate governance so that it should not create any controversies at a later date
Unlike Ratan Tata's philosophy, Mistry cared about short-term gains. This is a Diwali gift for many
The plan was to sell off non-profitable businesses apart from focusing on four verticals: real estate, defence, financial services and retail
