Ahead of the board meeting that afternoon, in fact only minutes before that, then chairman Cyrus Mistry was given an opportunity to step down, it is learnt. But, Mistry declined
Among the businesses that need consolidation are retail and defence
What could be the reason for this swift change in less than four years of Mistry taking charge? People in the know said it was building up. The latest trigger was Tata Power's acquisition of Welspun Renewables' solar and power assets
New law could pose challenges of cost escalation, increased paperwork, fear developers.
Younger brother Surendra wants to re-invest his share in real estate and education
Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
Draft prospectus to be filed next week; second trust, with Panchshil, in a few months
Pallon has already joined the boards of some of the unlisted companies such as Afcons
The latest trigger has been Future group's buyout talk with the retail unit of Andhra Pradesh Chief Minister Chandrababu Naidu's family-owned Heritage Foods
Advertisement on mygov.in gets 8,000 applications and counting; govt to maintain bank of CVs for future use
Assets worth only Rs 4,000 cr declared till mid-August; govt expects pick-up in last 2 weeks
February 6 or 8 likely options; development will be the main theme
PM app downloaded 2.5 million times, to see 20-fold growth in user base
Future Group said customer acquisition costs, fulfilment costs and other expenses in e-commerce add up to 50 per cent of overall business costs, making it unviable
Even so, the PM's cash in hand is among the lowest when compared with his Cabinet colleagues
Canada Pension Plan Investment Board has stringent processes and systems, which are proving to be a stumbling block
'Shape up or ship out' message has been loud and clear across the new-age companies in the stressed market conditions
Many argue there's a mismatch between Prime Minister Narendra Modi's focus on international exposure and his government's diktat to officials on limiting travel.
The company has a network of 4,000 distributors, 10,000 stores and 100 mega marts.
Patanjali Ayurved, founded in 2007 by yoga guru Ramdev, is targeting Rs 10,000-crore (Rs 100-billion) revenue in 2016-17