In its investor presentation, IHH said it wanted to develop Fortis into a market leader.
Of the existing set of potential leaders, Bakhshi was clearly the only choice as he beat out other high-level candidates that included executive directors Anup Bagchi, Vishakha Mulye, NS Kannan, and Vijay Chandok who were lacking the all-round game that Bakhshi has.
The renovations at the old hotels will be complete in two and a half years and tariffs will range between Rs 2,500 and Rs 4,000
Buoyed by the success in a tiny but exclusive market, Lamborghini India, which operates dealerships in Mumbai, New Delhi and Bengaluru, is going to roll out another two, in Kolkata and Chennai, in the near future.
The report suggests India in the longer term needs to create far more jobs in the formal organised sector -- 97 per cent of all female worker activity is in the informal sector
'It's still very early. I have just been handed over the matter and therefore I haven't formed any views on it as yet,' Justice B N Srikrishna tells Pavan Lall.
Experts believe the move will have little impact given limited production of generic drugs and authority of doctors in prescribing medicines.
In May, price growth for drugs was in negative territory at (-)1 per cent
The challenge for BMW is to overtake Mercedes-Benz, which bounced back three years ago to become king of the hill.
While farmers in Gujarat are rejecting the compensation package, farmers in Maharashtra say they do not wish to part with their land for a project that largely benefits Gujarat.
Samsonite's factory in Nasik currently makes around 80,000 units a month and plans to go up to 100,000 units
Their offer values Fortis at over Rs 9,000 crore, or around Rs 172 per share.
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
'The obvious opportunity is biosimilars, which are simpler but more expensive,' says Kiran Mazumdar-Shaw, founder of Biocon.
In keeping with the Trusts' objectives, the initiative was underpinned by an attempt to determine how over-nutrition was impacting citizens at a mass scale.
Change is being led by a transformation on the digital front. Pavan Lall reports.
ICICI Bank has quashed rumours of favouritism, nepotism and quid pro quo. The bank clarified that while Chanda Kochhar was on the credit committee, she was not the chairperson. Videocon Chairman Venugopal Dhoot said there was no impropriety in the deal.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
Over-expansion, bad management, and multiple allegations irreparably taint Malvinder and Shivinder Singh
Tata Communications has invested around Rs 6.5 billion in developing its IoT business, which is being managed by some 75 executives over the past three years.
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