This could mean an end to the talks for a possible partnership between the two firms in the multi-brand retail space -- less than a year after 51 per cent foreign investment was allowed in the sector.
.jpg)
Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
.jpg)
Senior company officials said the funds would be used to expand its financial services business in rural India where the group would be opening more branches.
M-cap of 35% of BSE-500 companies, excluding financial ones, is below their debt or just a shade above
The mood at the Indian Institute of Management, Ahmedabad (IIM-A) is festive, with one of its alumnii, Raghuram Rajan taking over as the next Reserve Bank of India (RBI) governor.
In the last two months, these stocks have lost nearly a quarter of their market cap.
In the last two months, these stocks have lost nearly a quarter of their market cap.
RIL, Essar, Adani have sounded bankers to raise funds abroad in the coming weeks
Slowdown and liquidity squeeze by RBI have put India's top 10 indebted firms in a tight spot. But they have a few options.
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
Crisis of growth is worsened by the challenging global environment and policy missteps. Returning to 9 per cent growth trajectory will be a tall order.
.jpg)
Lawyers say open offer must for twin stake purchase to meet Sebi rules.
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
No respite in sight as not many big deals, initial public offerings in pipeline.
We are serious about setting up a bank and use the parent branding that is a household name in India, says Venugopal Dhoot.
Needs funds for Odisha plant expansion, to cut high debt.
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
.jpg)
Issue in two months for Australian projects; group to invest another $15 billion in infrastructure projects by 2020.
After four-odd years of focusing on reducing debt, the series of deals with Etihad could finally get it out of the spiral.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances