Since the start of the year, the PE player has no board representation in the company.
Birla takes over as chairman after his group increased its stake to 51 per cent in November 2012 from the earlier 50 per cent.
Reliance Industries Holdings will now directly own stakes in Reliance Ports & Terminals, Reliance Gas and Transportation and Reliance Utilities and Power.
Hardcastle Restaurants to pay royalty of 8% of net sales by 2020, against the current 3%.
Here are some popular stock photography websites, which enable shutterbugs to leverage the internet for marketing and selling their work.
Gupta has been working with Twitter since November 2012
Average salary of the 100 best-paid directors is 1% of their companies' net profit.
In tougher times, there seems to be an overwhelming focus on managing the large or anchor clients.
Temasek is exiting by selling its 10 per cent stake while Network Digital Distribution Services will pare part of its 30 per cent stake.
Siva Group had mandated JM Financial to hunt for a buyer, but investors shied away from the Indian telecom industry.
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).
Company proposes to in-source manufacturing and build healthy portfolios of national and regional brands.
The Aditya Birla group, led by Kumar Mangalam Birla, has taken charge of its mutual fund joint venture with Sun Life Financial of Canada by buying 1 per cent stake from the latter.
Talks in final stages, but both sides deny move.
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.
Ex-CFO says new incumbent steps in at the right time, will be able meet to meet challenges.
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