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 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).
FATCA is aimed to strengthen business ties.
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
58-year old Vinod Hingorani had defaulted on penalties of Rs 1.64 cr
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.
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.
The stock exchange does not store and display the numbers of investors. That would be like a bank publishing the details of its customers for everyone to see.
Stay orders keep law out of citizen access even years after CIC rulings on opening market institutions to scrutiny
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.
Average monthly searches for 'bull market' have gone down significantly from May-June peak.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
China has cast a long shadow on India's economy.
Eight months after India's largest car maker, Maruti Suzuki India, announced plans for a Gujarat unit to be set up as a wholly-owned subsidiary of parent Suzuki, opposition to the move continues to simmer.
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