Sun Pharmaceutical, which is growing its dermatology and ophthalmic specialty business in the US will spend $460 million on R&D.
Indian companies have made acquisitions of $1 billion so far in January
Real estate will prosper, small developers won't.
The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down.
'It is like bombing a building with 200 people to kill 5 terrorists.'
The National Stock Exchange's proposed IPO to raise Rs 10,000 crore this year is expected to see the largest ever PE exit, of around Rs 5,000 crore.
Cross previous high of $72 billion in 2007 as Indian promoters overcome the selling taboo. Abhineet Kumar reports from Mumbai.
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
Expect more volatility in the coming year as the economy and markets price in the demonetisation drive.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
Accumulated sum Rs 31,500 crore in 2015-16
The venture is applying to the Reserve Bank of India for approvals.
The new executive director of Reliance Capital has big shoes to fill in every way.
The Aditya Birla Group announced the merger of its two holding companies, Aditya Birla Nuvo and Grasim, to make the holding structure clearer, ensure stable cash flows and unlock value in its financial services arm
Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal
Sixteen companies in the group registered a turnover of over $500 million, with ten of these registering a turnover of over $1 billion
The founders of Gland Pharma, led by Ravi Penmetsa, and KKR, together own 96 per cent of the company.
Ahmedabad-based firm to fund deal through equal amount of equity and debt.
Unlike last year, investors turn cautious on e-commerce sector.
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