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
The plan was to sell off non-profitable businesses apart from focusing on four verticals: real estate, defence, financial services and retail
Top 100 billionaires see their wealth rise 10%; top 20 account for half of total wealth of top 100.
The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group
At $12-bn valuation, this will be India's largest FDI; deal to be announced on Saturday, says Dev Chatterjee.
Declining interest rates, a near-normal monsoon leading to higher rural incomes and pay hikes for central government employees are key triggers, says Dev Chatterjee.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
Going by the real effective exchange rate, the rupee is overvalued
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
Accumulated sum Rs 31,500 crore in 2015-16
Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
Raghuram Rajan said the head of the central bank should have a fixed tenure of more than three years as the current term was too short.
Between Friday's and Monday's close: Yields on 10-year bonds up 6 basis points, rupee slides 13 paise against dollar, Sensex ends flat
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
The Aditya Birla Group announced the merger of its two holding companies, Aditya Birla Nuvo and Grasim, to make the holding structure clearer, ensure stable cash flows and unlock value in its financial services arm
The customer will be liable in a limited manner if the negligence is on the part of the customer, such as where she has shared payment credentials
.jpg)
Banking as we know it will stand on its head in the next 10 years.
The increase was led almost entirely by foreign currency assets
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances