Sterlite Industries is set to list its $2 billion (Rs 8,000 crore) American Depository Shares issue, the largest by any Indian company, with the New York Stock Exchange by the middle of this month.
This delay was a result of controversies over a 15 per cent holding by Hutchison-Essar Managing Director Asim Ghosh, healthcare major Max's Analjit Singh and financial institution IDFC.
The Chartered Financial Analyst institute has filed a petition in the Delhi high court seeking a stay on the notice, even as it has decided to give $300 (Rs 12,300) to each of its 7,000 students to write the June 3 examinations outside India.
Aditya Birla Group and Holcim are rapidly increasing capacity in a bid to become the largest player in India's cement industry.
About 7,000 Indian students registered with the Chartered Financial Analyst institute are unlikely to appear in their examinations scheduled for June 3.
Market-men expect these offers will compete head to head for investors' fund of over Rs 24,000 crore next month.
Ahmedabadbased Suzlon Energy has tied up funds for its Euro1.2 billion (Rs 6,543 crore) bid for the German power company, REpower, even before the last date for raising bid by the rival French giant Areva expires on Thursday.
For sometime, satellite-based management education has come to the aid of senior managers who never went to a business school.
The Bill, to be called the Draft Engineers Bill, will propose setting up a separate statutory authority which will lay down specifications for competency in professional engineering practice.
"We have written to all the companies in which we have nominee-directors, asking them not to give Esops," said LIC managing director D K Mehrotra. He said there were more than 100 companies in which LIC had nominee-directors.
The Sun, the flagship publication of Murdoch's News Corporation, is in talks with Maran's Sun group to launch an English tabloid in the country.
This will be over and above a Rs 3,655-crore domestic rights issue and a Rs 4,350 crore convertible preference share issue the company announced last month.
International hospitality majors such as Four Seasons Hotels and Resorts, Starwood Hotels and Resorts, and Jumeirah International are all planning to establish their presence in the country.
Over 20 premier Indian B-schools have jointly decided to present a white paper to the All India Council for Technical Education, recommending that instead of regulating them, the governing body should facilitate the growth of management education in
The Indian Institute of Management, Bangalore, has called off its plan to start full-time operations in Singapore. Instead, it is exploring tie-ups with institutes in Singapore to offer Executive MBA (EMBA) programmes.
Agarwal's is a classic story of a small trader becoming metal king. The secret, he says, lies in believing in himself and in the country's potential.
Tata Motors may soon set up a car manufacturing unit in Egypt, North Africa. The car major is said to have held talks with an eight-member high-level delegation from Egypt.
French electrical major Schneider Electricals SA is in advanced stages of negotiations with the Mumbai-based Shah family to acquire Anchor Electricals, the country's leading electrical equipment maker.
Working students, shortlisted by the Indian Institutes of Management for admission to this year's batch, are on the tenterhooks since many of them have put in their papers and are serving notice periods.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances