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.
While it is very difficult to ascertain the total number of such screens across the country, a study, commissioned by a film company, projects an annual revenue loss of Rs 436 crore (Rs 4.36 billion) to the film industry from just 500 such screens, which charge only Rs 15 a ticket.
Hardcastle Restaurants to pay royalty of 8% of net sales by 2020, against the current 3%.
Average salary of the 100 best-paid directors is 1% of their companies' net profit.
1.4 mn songs are getting downloaded through the Nokia Music Store every day.
Temasek is exiting by selling its 10 per cent stake while Network Digital Distribution Services will pare part of its 30 per cent stake.
Siva Group had mandated JM Financial to hunt for a buyer, but investors shied away from the Indian telecom industry.
Experts feel both the films have the potential to rake in about Rs 100 crore at the box office.
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.
This is no surprise, given that the deadline for digitisation in Delhi, Mumbai, Kolkata and Chennai was October 31 and DTH firms and multiple-system operators were eyeing a windfall.
Mamata halts removal of analogue transmission in Kolkata Chennai waits for high court hearing on Monday.
Talks in final stages, but both sides deny move.
Actis was earlier negotiating with other private equity players, but changed its strategy after the government opened retail sector to foreign companies.
Viewers availing Dish TV's offer will have to remain active by subscribing to a regular package at least twice during a year
KWAN was in talks with a few clients in luxury and lifestyle space for Mallya junior. "We signed Sidhartha Mallya to exclusively manage and represent brand Sid.
All other channels on the Sony network -- MAX (Hindi movie channel), SAB (family entertainment), PIX (English movie), MIX (Hindi music), Aath (Bengali movie) and the recently launched SIX (sports) have a clear roadmap.
The broadcaster had bought the stake in 2004.
In the latest annual report posted on its website, Danone has said it is negotiating with its partner with a view to selling its 25.5 per cent indirect stake in Britannia.
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