The agreement says UB Group and Adventz will have the right of first refusal over each other's shares.
Deal with current owner Exide may be signed next week
Poddar had earlier said he would sell his stake in Mangalore Chemicals to the highest bidder.
Indian traveller is no longer satisfied with a single annual vacation, but is increasingly demanding multiple holidays and festive breaks offer an ideal opportunity.
Bankers of HPL too have endorsed the idea and are pitching hard for the chairmanship of Chatterjee.
While it was no secret that Mamata was upset with Patha Chatterjee for a while as he has hardly been successful in bringing any big-ticket investment, there is a strong buzz that it was the controversy over the HPL bid that finally influenced her decision.
Sourav Ganguly, cricketing icon in Bengal, has been offered a nomination for the coming Lok Sabha elections by the Bharatiya Janata Party. He tells Digbijay Mishra deciding whether to accept this would be one of the most important in his life.
List cuts across range of former cricketers to actresses, even a working IPS officer, says Digbijay Mishra.
Woodland, Aero Group's brand of shoes and now, adventure gear, is stepping up its efforts to target women as its audience.
About 85% of complaints received were related to investments of less than Rs 10,000 each.
Dunlop & Jessop head for closure & new ventures abroad yet to inspire but tycoon says he's still going strong.
A major reason for the high growth in advertising spends as these companies are keen on higher volume
Deepak Fertiliser's promoter might offer to buy Saroj Poddar's stake.
The management hopes to clinch a deal by year-end, failing which even a shut down of the fortnightly cannot be ruled out, according to a top official, who did not want to be named.
Remittance into India from foreign countries has already seen a jump of 25% in the last two months
Big vendors left with smaller amounts as formula for compensation based on despatches.
Though the current framework applies to online advertisements as well, these pilot projects would lead to tighter screening on the Internet.
Airlines say ATF fuel prices in India are 40 per cent higher than in countries such as Singapore. Jharkhand, Chhattisgarh and Maharashtra
Cover inadequate for even one refinery.
The razor maker suffered a major jolt after the Securities Appellate Tribunal had quashed an appeal it filed against the regulator, which had earlier rejected Gillette's plan entailing reclassification of promoter holdings to comply with the public shareholding norms.