Sources close to the development said Lavazza would acquire the majority stake in Barista from ace investor C Sivasankaran
The Indian Institute of Management, Ahmedabad (IIM-A) is toying with the idea of having international faculty on its rolls. The institute is in talks with a French professor to join it full time and conduct classes.
The multimedia-cum-film city project, first of its kind, is estimated to cost around Rs 800 crore and will spread over 30 acres.
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).
Compared with the standard package of Rs 3.5 lakh per person, a tailor-made package for a family of four would cost around Rs 22 lakh for a minimum of eight nights.
Tata Steel may opt for a rights issue to raise funds to finance its $13.13 billion purchase of the Corus group
Rising costs, service tax and recognition of their own increased brand value has prompted most Indian Institutes of Management to raise placement fees this season -- in some cases like IIM Kozhikode's -- even up to 25 per cent.
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.
Financial services companies are partnering B-schools to design industry-specific courses.
After taking over the IT hub mantle from Bangalore, Hyderabad has pushed the garden city to second place in terms of recording the fastest average room rate growth.
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.
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
Come July, professor Nilanjan Chatopadhyay - placement chairman at the Institute of Management Technology Ghaziabad - will start living life out of his suitcase, literally.
The proposed company could rope in former CEO of Star TV Peter Mukerjea and Mukesh Ambani.
Top honchos of the corporate world will have their own villas to live in when on their business tours.
The demand comes close on the heels of Community, which represents more than 80 per cent of the company's UK employees, seeking talks with the Tata group
Meet Arunkumar Ramanlal Gandhi. The head of the M&A activities in the Tata Group, who called up Tata to convey Tata Steel's victory.
Tata Steel's global footprint is spreading at a furious pace.
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