Within a week of the Telecom Regulatory Authority of India giving its final recommendations on the valuation and pricing of spectrum, Chairman Rahul Khullar speaks to Business Standard on the process the regulator followed in finalising the much-debated issue.
As the chairperson of SKS Trust, the largest shareholder in SKS Microfinance, Biksham Gujja created a stir by announcing they wanted to nominate Vikram Akula, the ousted boss who had founded the company the latter founded, as its representative on the board.
Trust explores options on reinduction of ousted founder on board as firm closes ranks.
In his petition to the Company Law Board filed on September 9, Bakshi said McDonald's began 'arm-twisting' him to sell his entire shareholding in Connaught Plaza Restaurants, the equal joint venture between him and McDonald's since 2008, at an 'undervalued' price of $5 million, later raised to $7 million.
Telecom companies that bought spectrum in the 2G auction of November last year would lose around Rs 4,000 crore
Vikram Bakshi, the estranged partner of fast-food chain McDonald's, will seek reinstatement as managing director of the 50:50 joint venture Connaught Plaza Restaurants, with a plea to the Company Law Board seeking the 'deadlock' in the August 6 board meeting be resolved.
To put its Reebok business in order, the German footwear major hand-picked the soft-spoken Erick Haskell, who has vast experience of working in China.
Striking workers lacked support in the Pimpri-Chinchwad-Chakan belt.
Just hours after the union at Bajaj Auto's Chakan plant called off its strike unconditionally, managing director Rajiv Bajaj spoke to Business Standard.
Deal to help RCom reduce debt, Sun gain subscribers in new markets
FIPB rejects proposals from firms that have not divulged details of beneficial ownership or source of funding
Given the cost structure in the country, it won't be easy for AirAsia to offer 'Nano' fares and still make money.
William S Pinckney was arrested by the Kerala police for alleged violation of the Prize Chits and Money Circulation Schemes (Banning) Act.
Defending its decision to raise the number of seats under the India-United Arab Emirates (UAE) air services pact, the Civil Aviation Ministry, in a note to the Cabinet Secretariat and key ministries, has said no additional points of call have been allowed to the Gulf country.
Automaker to shift 200-300 workers from its Pantnagar facility to handle increased manufacturing.
DoT decides not to scrap dual-technology telecom licences
Confirming that the company could shift its production to other facilities, Bajaj Auto Managing Director Rajiv Bajaj told Business Standard: "If we take a view that this (labour issue) is going to extend over the next two months, we certainly can do that, and will do that."
Production has crippled at Bajaj Auto's Chakan plant in Maharashtra following a labour strike which entered its third day today.
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Says inordinate delay on this and other issues raised by firm earlier are impacting investor confidence.
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