Merchant bankers appointed to explore options on merger or stake sale in Tata Teleservices.
However, foreign investors have completely shunned the infrastructure sector.
Earlier in 2012, the Gurgaon-based firm with 5,000 employees and top line revenue of close to $100 million, had put on hold plans for a Nasdaq listing citing market conditions.
Bharti was talking to Standard Chartered Bank and Citibank, among others, to manage the issue.
These companies gave annualised returns of 11% on an average in the last five years, while shareholders of family-owned companies saw 5% annualised erosion
In the quarter ended March, the company's overall headcount fell by 791 to 84,403.
These companies may recall loans in extreme cases; loan-to-value ratio stands at 60% but scrap value at 75%.
Anant Gupta, president and chief executive officer, HCL Technologies, says while the company is strong on the non-discretionary front, the discretionary side continues to be challenging.
These trusts hold 66 per cent stake in unlisted Tata Sons, the holding company of the $100-billion Tata group of companies.
'We were ahead of others when we launched our N-series in 2006 and 2007.'
The mining major is selling the company to reduce its debt.
Cairn Energy Plc, which has 50 production blocks across the world, holds 10% in Cairn India.
Most have seen decline in cash reserves and deterioration in financial ratios in recent years.
Citigroup's former chief executive officer, Vikram Pandit, might be joining the race to become a co-applicant for a banking licence in India.
Nikhil Rungta was closely associated with rolling out Google India's entire gamut of services including Youtube, Chrome and Google+.
An interest rate cut, at a time when demand was not showing any sign of revival, would boost sentiments, especially for interest-rate sensitives like the car and real estate sectors, which had been showing negative growth, a majority of the 15 CEOs polled by Business Standard said.
Tribunal ruling in I-T's favour may open floodgates to claims against other MNCs.
Pepsi fires the first salvo by sewing up pouring rights with eight of the nine IPL teams.
Interview with chairman, Vedanta.
Guarantees given to overseas arms under I-T scanner.
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