Say will take up the issue with the HUL management.
Economists advise against it, citing international experiences; business leaders say RBI should allow move for inclusive growth.
Birla takes over as chairman after his group increased its stake to 51 per cent in November 2012 from the earlier 50 per cent.
Reliance Industries Holdings will now directly own stakes in Reliance Ports & Terminals, Reliance Gas and Transportation and Reliance Utilities and Power.
Hardcastle Restaurants to pay royalty of 8% of net sales by 2020, against the current 3%.
Seeks to file additional documents in SC; hints at out-of-court settlement.
Average salary of the 100 best-paid directors is 1% of their companies' net profit.
New MD likely to be announced by December-end or first week of January.
Temasek is exiting by selling its 10 per cent stake while Network Digital Distribution Services will pare part of its 30 per cent stake.
Siva Group had mandated JM Financial to hunt for a buyer, but investors shied away from the Indian telecom industry.
Company proposes to in-source manufacturing and build healthy portfolios of national and regional brands.
The Aditya Birla group, led by Kumar Mangalam Birla, has taken charge of its mutual fund joint venture with Sun Life Financial of Canada by buying 1 per cent stake from the latter.
Talks in final stages, but both sides deny move.
Trinamool's break with the Congress is encouraging the Left in Bengal to finally bestir itself. But it may be relying too much on the Trinamool's weaknesses rather than its own strengths, writes Ishita Ayan Dutt
ICICI bank, one of the investors, has been trying to reduce its stake for long, as it has to bring it below 5 per cent on directives of the US Federal Reserve.
The BPO's board will meet on Friday to finalise deal.
Actis was earlier negotiating with other private equity players, but changed its strategy after the government opened retail sector to foreign companies.
India's leading cigarette maker, ITC, has roped in artist Paresh Maity to design a limited edition packing for its Flake brand, with the launch of the Paresh Maity Collector series, to be exclusively sold in West Bengal. This is the first time that ITC has collaborated with an artist for its brand.
The Saffron Brand Consultants chairman talks about the perception and reality about Brand India.
"We will come up with a new brand identity next month and have already assigned one agency for this. It will be a new branding for Saregama, with a more youthful and uncluttered logo. We have chalked out the future road map. While there are plans to enter the television space more aggressively, we are exiting the films business," said Sanjiv Goenka, chairman of the Group.
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