Going forward, Vinita Bali, outgoing MD, Britannia wants to do other things in life which she was unable to pursue.
The Aditya Birla group has slammed rating firm Moody's for placing Novelis, the group's aluminium products subsidiary, in line for a possible downgrade to default.
The company, which recently hit the run rate of $1 billion in gross merchandise value ahead of the target date, is the largest mobile phone retailer in the country, counting online and offline stores, estimates show.
A CBI official has clarified that the agency did not find any criminal offence again DLF regarding land rights.
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Retail giant Tesco's entry into Indian market has hit a regulatory roadblock.
India has a tradition of rich narrative and storytelling and hence it's a natural market for self publishing, believes Jon P Fine, Amazon's director (author and publishing relations).
Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007
Since allowing FDI in multi-brand retail has been left to the states, Indian companies may not benefit as foreign investors are wary of the politics.
Worried over the fallout of the Supreme Court's observations on allocation of coal blocks, India Inc wants the apex court to consider a reprieve for those allotted to genuine companies that have invested billions.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
Lenders to Kingfisher Airlines, led by State Bank of India, had moved courts to get residual rights over these shares after Srei recovered the collateral from the defunct Kingfisher Airlines, making it difficult for Srei to sell the shares, said a legal source.
French giant might apply for multi-brand retailing if UK rival gets nod.
The privately-owned Hangzhou-based group, which has been in news for its impending IPO, is already sourcing human hair from the southern regions of India and has identified this category as a 'big opportunity', along with others like machinery, agro products, apparel and spices.
Cash-&-carry chains claim of the products they sell 85-90% is local.
Cash-and-carry stores try tricks, from playing Bollywood music to customising orders, to retain customers.
In the quarter ended September, the company's employee costs rose to an all-time high of Rs 1,580 crore (Rs 15.8 billion), even as company's margins took a beating.
Bankers claim they have received good response to the roadshows held abroad for Coal India, IndianOil and PowerGrid.
Many members of ministry panel give dissent note on clause; no clarity yet on whether it will apply to existing shares or new ones.
The agency would probe whether Sibal had shown undue favour to RIL.
Mumbai police chargesheets billionaire-builder Chandru Raheja for cheating, breach of trust; Rahejas call it pressure tactic, say Wadia plea was thrown out by Supreme Court
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