Mukesh Ambani-led Reliance Industries Ltd wants to merge four of its associate companies in real estate with its main property development subsidiary, Reliance Commercial Land and Infrastructure Ltd, under the scheme of amalgamation proposed before the Bombay High Court.
Sets up new financial services arm, Amit Goenka joins as CEO.
Shopping websites say it is about first-mover advantage.
Gupta has been working with Twitter since November 2012
In tougher times, there seems to be an overwhelming focus on managing the large or anchor clients.
The residential real estate prices in Powai and adjoining areas are around Rs 25,000 per sq ft.
Out of 23 floors, Air India occupies six and three of these have been leased out. The rest are largely unused.
Analytics and big data are the latest buzz words of the technology industry. But one company that is betting big on analytics is International Business Machines Corp (IBM).
In a break from the recent trend, retailers, led by Kishore Biyani's Pantaloon Retail (India) Ltd, Raheja-owned Shoppers Stop Ltd and the Lalbhai Group's Arvind Ltd, are experiencing strong growth in the fashion segment, thanks to positive consumer sentiments during the current festive season.
Maharashtra SEZ act yet to be notified.
Sudden spurt could be seen as a sign of maturity or slowing in the sector.
Other than discounts, most of the sites are offering additional products to lure buyers.
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.
The BPO's board will meet on Friday to finalise deal.
Actis was earlier negotiating with other private equity players, but changed its strategy after the government opened retail sector to foreign companies.
HCL Technologies' stock has been on a run since the company announced its good first quarter results. An interview with Anant Gupta, president and COO, on the company's future strategies.
The company, which retails maternity and baby products under 'Mom & Me', wants to open 50 stores under the brand name
Could launch high-end models once 4G technology picks up in India.
Ex-CFO says new incumbent steps in at the right time, will be able meet to meet challenges.
His resignation comes at a time when the company ventured in acquisitions. Bala has been one of the key players in driving this inorganic growth strategy.