The plan was to sell off non-profitable businesses apart from focusing on four verticals: real estate, defence, financial services and retail
Other legal options include approaching the NCLT alleging mismanagement and oppression of minority shareholder
Tata Group expects to do some tightrope walking on legal issues in the days ahead.
Top 100 billionaires see their wealth rise 10%; top 20 account for half of total wealth of top 100.
The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group
At $12-bn valuation, this will be India's largest FDI; deal to be announced on Saturday, says Dev Chatterjee.
Declining interest rates, a near-normal monsoon leading to higher rural incomes and pay hikes for central government employees are key triggers, says Dev Chatterjee.
Compliance costs and legal scrutiny could rise.
'The Indian state is very benevolent when it comes to corporates,' says Tom Thomas, chief executive officer of Praxis, and convenor of CRW India.
Accumulated sum Rs 31,500 crore in 2015-16
Companies are worried that any staggered roll-out of GST could result in cash flow issues with businesses not able claim tax credit due to breakage in the chain
Sahil Vachani fuels Analjit Singh's new business initiatives
The Aditya Birla Group announced the merger of its two holding companies, Aditya Birla Nuvo and Grasim, to make the holding structure clearer, ensure stable cash flows and unlock value in its financial services arm
Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal
Vishal Kampani has big shoes to fill as his father is close to the Ambanis, the Wadias and the Ruias, says Dev Chatterjee.
A GST roll-out by April 1 looks difficult, giving the companies some succour.
Vishal Kampani said one of the important lessons he learnt from his father was to be humble.
The user cannot expect his or her privacy to be secured.
Non-compliance, underreporting or misreporting will attract a penalty of 50-200 per cent. The authorities may during assessment even tax assets that are 15-20 years old
The private companies announced projects worth Rs 11.33 lakh crore (Rs 11.33 trillion) during 2014-16.
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