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.
HDFC, the pioneer, ICICI, the game-changer, and SBI, the original teaser, turned the market on its head.
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.
It is a toss-up between liquidity and higher returns; if the tenure is more than three years, FMPs score.
Sources said a few other lenders were also contemplating a move to declare both Kingfisher Airlines and UBHL wilful defaulters.
Wilful defaulters will not be allowed to take up board positions in any company.
Market experts say booking profits could be unwise. If you are nervous, go for dividend-yield stocks.
Poddar-Mallya agreement on running MCF likely to be re-worked.
As of now, the custom duty on gold is 10 per cent.
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.
Sebi asked to reconsider open offer nod as KFA was identified as wilful defaulter.
Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it and what lies ahead.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
State Bank of India's push among fellow bankers to appoint an external agency to run debt-heavy Bhushan Steel might not be smooth sailing.
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
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
Sale at acquisition price may have been prompted by slow coal traffic and fall in prices.
Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.
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