Stake valued at $4 billion, against initial expectation of $4.5 billion
CEOs are not happy with scorecard so far but are ready to invest more as they think one year is too short a time to revive the economy
Virgin promoter to protest Adani's mining project in Australia, saying it will damage the Great Barrier Reef
The plan was activated in October last year.
It is unrealistic to expect that change will happen in one year: Birla
Last Saturday, USL board asked its Chairman Vijay Mallya to quit.
The agency did not seek a reappointment in FY12.
USL is already contesting a Karnataka High Court order.
Hindalco is currently one of the frontrunners in the coal auction
Hindalco has already bagged 4 mines in Jharkhand and Chhattisgarh
Clearly, he is in the right place, at the right time.
Analysts suggest making separate firms of tobacco, hotels and FMCG divisions
The tax dept has served notices on about 36 foreign investors.
Coal, land, insurance bills are cited as govt's commitment to reforms.
Face Rs 1,000-cr minimum alternate tax demand
Executives would analyse information and pass it to seniors.
Govt depts, banks prone to information leakage.
Tatas may look at selling part of its stake in couple of investments
Global expansion to drive the company's fortunes
Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.