According to documents accessed by Business Standard, RIL increased its direct stake in Jio to 98.9 per cent as on March this year by pumping more capital into the company.
Riding on a stock market boom since 2009, India Inc's chief executives have been able to salvage a lot of lost pride in their second innings.
Consumer durables and electronics companies are putting the final touches to their festive period plans.
While e-commerce operations for these firms are small at the moment, it is slated to grow in the next 3 to 4 years.
This is the first market where the newest entrant to Mondelez's global chocolate portfolio will be launched, Siddharth Mukherjee, director, chocolate category & media, Mondelez India Foods Ltd, said in an exclusive conversation with Business Standard.
Anticipation of weak sales this festive season due to deficient monsoon, especially outside big cities.
CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.
Hindalco has done very well with Rs 900 crore (Rs 9 billion) of ebidta in June quarter.
BofA-ML mandated to find buyer for 27.5% stake in media group's holding firm
The group plans Rs 30,000-cr oil refinery with IOC; buys Lanco's Udupi power plant for Rs 6,000 cr
Sale at acquisition price may have been prompted by slow coal traffic and fall in prices.
Spends by e-commerce players have now touched Rs 1,000 crore.
Fixed deposits can fetch 9-9.5% interest versus 3.5% to be received by Cairn, say institutions.
The company will wait for sizeable user base for better valuation.
Provisioning for bad investments, finance costs shoot up in FY14.
Budget 2014-15 has done away with the tax sunset clause of March 2014.
The company will use the proceeds to part-repay its debt, which stands at Rs 34,000 crore (Rs 340 billion) even after the recent qualified institutional placement of its shares. An RCom board committee recently approved the sale of these assets.
In January this year, Tata Sons invested an additional Rs 2,500 crore (Rs 25 billion) in Tata Teleservices which was used to repay loans of the wireless telephony company.
The company had appointed a three-member committee of directors to implement the changes.
Health Minister Harsh Vardhan's recent request to Finance Minister Arun Jaitley - for an increase in tax on cigarettes from 45 per cent to 60 per cent in the coming Budget - seems to have had a serious impact on cigarette smokers' pockets.
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