Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
Narendra Modi, who used to tweet frequently, is said to have decided to maintain a single voice on Twitter after becoming prime minister. Nivedita Mookerji reports
Retailers present in India are in talks with Carrefour to buy its assets piecemeal, rather than the whole business.
The agreement says UB Group and Adventz will have the right of first refusal over each other's shares.
The two companies have been negotiating to remain separate entities after a merger.
Chanda Kochhar, managing director of ICICI Bank, says the new government must take effective action bringing clarity around tax laws.
Experts are looking at a timeframe of anything between 12 and 18 months from the time of the new government for concrete signs of revival.
The company's search for a partner in India seems to be grounded once again
Revenue yield on every rupee of investment fell to Rs 1.06 in FY13 from Rs 1.20 in FY08.
The company needs Rs 2,000 crore more in 2 years to repay debt.
Looking to put money in aviation, infrastructure and also to reduce debt of group companies.
Adani Enterprises plans to invest a total of $25 billion in the next five years.
Walmart is waiting to understand as to how much multibrand retail might or might not move forward.
US-based Apollo Global has picked up stake in Indian firms which are not doing that well financially.
Going forward, Vinita Bali, outgoing MD, Britannia wants to do other things in life which she was unable to pursue.
The Aditya Birla group has slammed rating firm Moody's for placing Novelis, the group's aluminium products subsidiary, in line for a possible downgrade to default.
The company, which recently hit the run rate of $1 billion in gross merchandise value ahead of the target date, is the largest mobile phone retailer in the country, counting online and offline stores, estimates show.
A CBI official has clarified that the agency did not find any criminal offence again DLF regarding land rights.
Retail giant Tesco's entry into Indian market has hit a regulatory roadblock.
India has a tradition of rich narrative and storytelling and hence it's a natural market for self publishing, believes Jon P Fine, Amazon's director (author and publishing relations).