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).
Age and experience not less relevant but firms are gradually moving towards younger leadership teams
@015 may be a good year for FMCG firms.
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.
Top players, ITC, Britannia and Parle Products, are taking three different routes to compete at the premium end. But soon all three would get on the same path.
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.
While investment activity jumped three to four times this year over last year for e-commerce, it has shown marginal growth (five per cent) in the case of consumer and retail
Experts say it's not only important to get due-diligence done by an independent firm but it needs to be cross-checked, too.
The $2.25-billion Godrej Group is considering leasing its flagship name to group companies for a royalty fee, a model similar to the one adopted by Tata Group, India's largest conglomerate.
Power sector accounts for 70% of total industrial water use; steel, paper also make it to the list.
LG, Samsung, Videocon, Sony and Panasonic have instructed their trade partners that products sold through online marketplaces without their knowledge during flash sales will not get the benefit of after-sale service and warranties.
After rows over water usage at its plants in Kerala and Uttar Pradesh, it is now the turn of its Gujarat factory.
No more a paper tiger, the Advertising Standards Council of India will partner the Department of Consumer Affairs to enforce better compliance.
Bankers say it's a question of survival for debt-heavy companies.
But their reign has been tumultuous as the company has seen compelling battles for ownership.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
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