The chain readies to expand its footprint as Bharti focuses on its retail venture.
Lenders, with Rs 600-cr exposure to telco, want it to sell properties to repay loans.
Aditya Aluminium project ready but clearances still stuck for mine
Spectrum is critical for Tata Tele because in some circles, Rajasthan for example, it has spectrum only in 60 per cent of the geography, while allocation for the rest has yet to come from the government.
The two former partners own about 100 such properties; expansion of Best Price, EasyDay stores only after transactions linked to the split are over.
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According to media reports, CBI is looking into the entire process at the then NDA government and has asked for information from the mines ministry.
US retail chain Walmart is awaiting a decision by its board decision on its India strategy, including its partnership with the Bharti group.
The one-year extension would give Walmart and its Indian joint venture partner in the cash and carry business, Bharti Group, more time to sort things out and decide on a retail foray together, people in the know said.
Firm makes Rs 4,858-crore loss on Rs 10,799-crore income.
The Land Acquisition Bill, passed by Parliament last month, will either make projects unviable or expensive for large infrastructure or real estate projects.
We dance on every small achievement and forget the long-term objectives: Ajit Gulabchand, MD, Hindustan Construction Company.
DLF says it has started the process of giving possession of housing units at New Town Heights project according to its commitment
Liability goes up by Rs 1,000 cr for every Rs 1 change in $ exchange rate
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.
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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.
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.
Walmart's US Senate filings on Indian market missing
RIL, Essar, Adani have sounded bankers to raise funds abroad in the coming weeks
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
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