The fierce litigious fight for little-known Birla Corporation marked the first major controversy for this storied and reserved business family.
Some feel that Tata Steel has put these assets on the block only after exhausting all the options.
Forty years on, ironically, the managerial attention to new businesses has meant almost 40 per cent of revenues now come from the non-tobacco business.
With the stock market entering a bull phase, many believe the Singals can bring in the much-needed equity capital and reduce their debt.
State Bank of India's push among fellow bankers to appoint an external agency to run debt-heavy Bhushan Steel might not be smooth sailing.
Firm terms lenders' move to appoint monitoring agency 'unwarranted'.
Pursuit of raw material had landed Bhushan Steel in the coal block allocation scam.
The latest results suggest Tata Steel Europe may have lost pricing power, though production and turnover are up.
On Mody's death, Tata on Friday said, "Russi Mody was an institution at Tata Steel. Under his leadership, the company grew significantly and he instituted many human resource initiatives.
A recent survey done by indianboards.com suggests that around 283 directors will retire by October this year.
What started in 2009 as a five-location service has seen a steep expansion.
Big vendors left with smaller amounts as formula for compensation based on despatches.
But he is actively pursuing greenfield steel plants in Karnataka and Jharkhand; ultimately, only one of these might come up.
ITC's biscuits, which have a sweet spot in the cream segment, now want a bigger piece of the cookies market
The product portfolio includes milk powder, long-life packaged milk, fortified milk, etc.
Yet to achieve financial closure for project because of pending draft agreement.
Seeks to file additional documents in SC; hints at out-of-court settlement.
New MD likely to be announced by December-end or first week of January.
Trinamool's break with the Congress is encouraging the Left in Bengal to finally bestir itself. But it may be relying too much on the Trinamool's weaknesses rather than its own strengths, writes Ishita Ayan Dutt
ICICI bank, one of the investors, has been trying to reduce its stake for long, as it has to bring it below 5 per cent on directives of the US Federal Reserve.
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