The Securities and Exchange Board of India is set to introduce new norms to ensure higher public participation for delisting of company shares.
Korean major considers offering locals an export market in addition to compensation.
The under-leveraged nature of corporates will help reduce the impact.
R-Money, the Anil Ambani group's retail brokerage arm, will introduce gold coins in smaller denominations of half gram and one gram in the market. The market is currently dominated by 5-gm and 8-gm coins.
Announcement for the Rs 4,000-crore acquisition likely today.
Reliance Industries, the country's most valued company, is delaying its annual general meeting this year following non-receipt of approvals for merger of Indian Petrochemicals with itself.
The US sub-prime loan market crisis is expected to temper cross-border mergers and acquisitions as Indian companies go slow on acquisitions.
The steel-maker will now have to pay 50 basis points more on this tranche of $1 billion with a seven-year tenure.
Mukesh Ambani's Reliance Industries is in talks to acquire an equity stake in Haryana-based Modern Dairies, which would strengthen its presence in the high-volume, low-margin liquid milk market.
Better prices and smaller packet sizes help Tata Tea concoct a winning brew.
At a time when instability in the US leveraged buyout (LBO) market is making world equities markets jittery, JSW Steel is planning a leveraged buyout of a North American steel company.
The joint venture, for which both the parties have signed a memorandum of understanding, has drawn criticism from the NGOs and environmentalists on the ground that it would cause extinction to the world's rarest birds.
The sale of the BPO business, run by Citigroup Global Services (formerly e-Serve), is expected to fetch around Rs 3,200 crore for the group. At this price, it will be the largest deal in the domestic BPO space.
How the Ginger chain of hotels plans to go places.
The Essar group's proposed acquisition of Minnesota Steel is likely to be delayed, with the US state authorities taking time in providing the infrastructure required to move the project.
Indian telecom operators are world-leaders in terms of profitability, enjoying better EBIDTA margin than their counterparts in developed countries.
The appreciating rupee has taken its toll on Tata Consultancy Services' June quarter numbers, with the top line growing just 1per cent sequentially in rupee terms to Rs 5202.8 crore (Rs 52.02 billion).
Swiss firm to acquire 10-15% stake in the hotel chain.
Sources close to the development said senior executives of these three companies recently visited the facilities of Stelco, which was put on the block last month.
Under the current system, companies apply to state governments, which in turn recommend the shortlisted entities to the central government.