When IKEA's CEO & India's industry minister sealed a deal in-principle last year, foreign investors took note.
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.
Three foreign single-brand majors apply in the past one month.
Agenda for FIPB meeting on Jan 18 doesn't mention its application.
Hardcastle Restaurants to pay royalty of 8% of net sales by 2020, against the current 3%.
DEA official writes to DIPP suggesting that govt needs to understand what has been left out, and why, in the revised application of the retailer.
Average salary of the 100 best-paid directors is 1% of their companies' net profit.
The Walmart investigation is under the Foreign Corrupt Practices Act, and the company follows a global compliance programme in every country it operates in.
Temasek is exiting by selling its 10 per cent stake while Network Digital Distribution Services will pare part of its 30 per cent stake.
Eighteen of 30 product categories proposed by Swedish furniture major struck off.
Both India and China are in Phnom Penh to participate in the two-day East Asia Summit, an offshoot of the Asean meet. China and India, along with the US, Russia, Australia, New Zealand, Japan and South Korea are participating countries in EAS, besides the 10 Asean members.
Part of the official delegation accompanying Prime Minister Manmohan Singh to the Association of South East Nations summit in Phnom Penh, Cambodia, he was briefing the media on board the aircraft earlier on Sunday.
Siva Group had mandated JM Financial to hunt for a buyer, but investors shied away from the Indian telecom industry.
A recent public interest suit in the Supreme Court over foreign direct investment (FDI) in retail may have thrown the industry into a tizzy, but lawyers, constitutional experts and government officials indicate the multi-brand retail FDI policy is unlikely to get derailed over Fema.
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.
Since 2004, licences have been given to develop as much land in the area as in the entire state during the earlier 25-odd years.
Revamped menus and menu-cards, uniforms and store interiors have been readied in tieup with designer Rina Dhaka for the 12-year-old Barista, which was taken over by Italian coffee major Turin-based Lavazza in 2007.
Talks in final stages, but both sides deny move.
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