The move will catapult Disney as the country's largest media and entertainment broadcaster, with over $1.3 billion of additional India revenue.
PE funds say they have enough money to buy two or three of the indebted companies and the issue is not cash but the management bandwidth to turn them around.
JSW Steel is learnt to have submitted its resolution plan along with AION Capital
The recent amendments to the IBC practically barred promoters from re-acquiring their own assets, leaving only a small window to convert their non- performing assets into standard assets by paying the overdues.
Currently, the five-year FTP aims to raise total exports to $900 billion but targets may be reduced
Chief statistician T C A Anant says growth figure might go up once indirect tax data is fully in, however, he agrees that private expenditure is yet to pick up
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
They are looking for white-collar jobs, and in industries that are in the forefront of growth.
It all started from Mumbai. Now, Khan's fan base has spread from the US, UK and West Asia to Malaysia, Indonesia, Japan, Germany, Egypt, Jordan, Morocco, Kuwait and Palestine. Of the top 10 Bollywood movies that earned the most overseas, seven had Khan in them.
Coke draws up Rs 11k-cr plan to sell frozen fruits, juices. Firm also considering launching frozen Fanta and Coke.
Post DeMo and GST, business outlook remain diminished among both buyers and sellers
These firms invested $17.9 bn and have also contributed $147 million towards corporate social responsibility and $588 million as R&D expenditure in the US.
Bulk of these customers use 2G phones and are still focused on voice services and might prove useful for both Bharti Airtel and the Idea-Vodafone combine.
Indian talent may soon be allowed to work in France without a degree from a French institute.
Just an hour or so from the ones we commonly throng to, they promise a lot more for a lot less.
Even as foreign investors land in Delhi to attend the first major food processing trade fair, Delhiites queue up to satisfy their tastebuds
Ramesh Abhishek, secretary, Department of Industrial Policy and Promotion, talks to Subhayan Chakraborty about India's performance on the World Bank's ease of doing business ranking.
Those involved in the discussions say the guidelines for selection of bidders in insolvency cases need to be transparent, otherwise anyone who loses out could take legal recourse, leading to wastage of time and derailing the whole process.
India's rank inched up by just one position to 130 in last year's Doing Business Survey by the World Bank.
'They are geopolitical, commercial, educational, cultural and about innovation.' 'Also, they are about a common value system.'
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