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.
Companies will now have to pay a charge for loans sanctioned to them but not utilised
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.
The exchange rate policy has served us very well in the last so many years and the exchange rate has been commended all around, says RBI Governor Y V Reddy.
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.
They prefer foreign markets owing to comparatively lower margins than Indian exchanges.
The clampdown will be part of a package from the central bank to make end-use norms for external commercial borrowing (ECB) funds more stringent for various sectors.
Sesa Goa has received a showcause notice from the Jharkhand government asking it why its prospective licence for iron ore mines in the state should not be cancelled.
Reliance Industries, the country's most valuable company, has launched an employee stock option scheme to reward nearly half of its workforce.
Selling garments is a boring job, says Heinz Krogner, Esprit Global Group CEO.
Sources close to the situation said the Tata Steel board is slated to discuss the issue at its meeting on April 17.
Reliance Industries, the country's largest private sector company, has decided to introduce employee stock options by the next quarter
India's ace deal-maker explains what allowed him to represent both Dhirubhai Ambani and Nusli Wadia while being on Essar Shipping's board.
Real interest rates yet to touch highs witnessed in mid-90s.
The existing company is expected to continue as the holding arm of its huge real estate assets.
Major shareholders to buy workers' shares in northern gardens.
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.
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