The next generation of the Poddar family, the promoters of the Rs 1,500 crore (Rs 15 billion) Siyaram group, is taking charge.
Whether it is jumping from a plane at 10,000 feet or just working away at his latest hospitality project, real estate tycoon Vicky, as Oberoi is fondly known to friends, believes in having fun.
An interview with Bajaj Hindusthan Limited CEO Kushagra Bajaj.
Shishir Bajaj, the estranged brother of group patriarch Rahul Bajaj, and his son Kushagra have sought a 25 per cent share in the assets controlled by these trusts.
The company reportedly in talks with a dozen firms overseas for an acquisition.
The New York-based real estate investment fund Trinity Capital has lined up $10 billion, which may go up to $12 billion, to develop three satellite cities on the outskirts of three major metros - Mumbai, New Delhi and Bangalore.
When Control Solutions, one of the biggest accounting firms in the US dealing with Sarbanes-Oxley accounting compliance procedures
Board meetings of two holding companies stayed.
Iron ore prices are expected to fall in next couple of months following the imposition of duties on exports.
Sources close to the development said Lavazza would acquire the majority stake in Barista from ace investor C Sivasankaran
GE had also lined up aggressive investment plans for roads, airports, ports and real estate sectors.
The power ministry is considering asking Reliance Energy to match the price offered by the Lanco Infratech-Globeleq consortium for power from the Sasan ultra mega power project.
In a move aimed at consolidating its Indian operations, Swiss cement major Holcim will increase its control in ACC and Gujarat Ambuja Cements for close to Rs 2,700 crore (Rs 27 billion).
Tata Steel may opt for a rights issue to raise funds to finance its $13.13 billion purchase of the Corus group
Although both parties were tightlipped on the details of the lawsuit, which was served on the company's US subsidiary this week, sources in the know said its financial implications would be huge if the court verdict goes against Novelis.
Continuing with its move to position itself as a beverage marketing company, Tata Tea is set to divest 80 per cent in its North Indian Plantation Operations, which is being spun off to a handful of investors and workers.
Armed with a counter offer, country's largest wind energy company Suzlon Energy is confident to acquire the German firm REpower but will refrain from getting into a bidding war if that hurts the interest of its shareholders.
Corus Group chairman Jim Leng will receive an addition payment of pound 750,000 (Rs 6.41 crore) for turning around the Anglo-Dutch steel maker in the past two years.
The Mumbai-based Arch Pharma has raised $27 million from private equity funding in the last four years
Suzlon's Rs 6,000 crore (Rs 60 billion) bid to acquire Germany's third largest wind turbine maker REpower could well turn into a bidding war