The plan was to sell off non-profitable businesses apart from focusing on four verticals: real estate, defence, financial services and retail
Top 100 billionaires see their wealth rise 10%; top 20 account for half of total wealth of top 100.
'Over the next two to three years, hiring will come down further.' 'You will see the industry intake of freshers go down to 150,000 from the current 200,000.'
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.
Accumulated sum Rs 31,500 crore in 2015-16
The highest domestic package, however, fell 10 per cent
To further ensure employability of students, IITs are encouraging students to positively accept more number of pre-placement offers and not wait till final placement season
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
There are also talks of branded garments being put under the luxury tax slab, which could be higher than 18 per cent.
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 private companies announced projects worth Rs 11.33 lakh crore (Rs 11.33 trillion) during 2014-16.
'The idea is to align the HR policies and work culture with changing times'.
Many see Nirma's Lafarge deal as some kind of second coming for the Patels.
Now with 13-14 million-tonne capacity, Nirma will emerge as a serious player in India's cement landscape.
Karsanbhai Patel's risk-taking abilities are on display once again.
USL board said its second forensic audit by EY has revealed fund diversion worth Rs 1,225 cr to Mallya companies.
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