With the acquisition of 14.8 per cent stake in Gujarat Ambuja Cements Ltd, by Swiss cement major Holcim, foreign players, including Lafarge, would be controlling nearly 25 per cent of total production in the country.
Authorities didn't immediately say what may have prompted the incident in Amarillo, a city in the Texas Panhandle.
Mizuho Financial Group has an alliance with the Rs 8,500 crore (Rs 85 billion) Tata Capital, the financial services arm of the Tata group.
The race between Aaj Tak and Star News to grab the top slot in the Hindi speaking market is getting more exciting.
Leading FMCG companies in the country are expecting their sales growth numbers in high double digit in the April-June quarter, a period when the broader market was severely impacted by the second wave of the COVID-19 pandemic. FMCG companies such as Godrej Consumer Products Ltd (GCPL) and Marico, in their quarterly updates to bourses, informed about double-digit sales growth. While Tata Consumer Products Ltd (TCPL) MD and CEO Sunil D'Souza in an interview had told PTI, the Tata Group FMCG firm expects higher growth in the Q1/FY'22 over Q4/FY'21.
Private telecom operators have managed to grab 43 per cent of the total revenue generated from telecom services during 2004-05, says a leading communications business magzine.
The IT data and network storage market in India is poised for major growth with the small and medium scale sector expected to increase its storage expenditure by 150 per cent in 2005 over the $43.2 million spent last year.
Congressman Elijah Cummings of Maryland and Henry Waxman from California, who are investigating bribery charges at Wal-Mart's Mexico unit, announced on Thursday they had documents which confirmed that Wal-Mart CEO Michael Duke and other high-ranking personnel were personally informed about the bribery allegations as early as October 2005, according to a CNN report.
With robust sales, the company bounced back to the top spot in the Fortune 500 list.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced to raise Rs 7,350 crore from two investors -- Singapore's sovereign wealth fund GIC and Global alternative asset firm TPG -- by selling a stake in group's retail arm.
Family offices are increasingly looking to invest directly in start-ups rather than through investment in venture capital (VC) firms. The shift is happening because of multiple reasons. Next-generation scions of wealthy families are conversant with how the start-up world works after they have spent time in Silicon Valley; start-up investment is rising to 10-15 per cent of family offices' portfolios from single digits; and they do not want to share gains of investment with VC firms. "While earlier they would prefer to invest in this asset class via venture capital (VC) funds as LPs (limited partners), now they are making direct investment in start-ups.
Most of the funds have not signed any deals in the past few months as realty prices fell sharply and economic slowdown deepened across the world, which slowed the flow of funds significantly. Red Fort plans to deploy Rs 150 crore (Rs 1.5 billion) in the current quarter and is in talks with a Mumbai developer. But Bedi says finance is a big issue now as most of the projects have been delayed or are yet to take off.
Delhi is the largest market for high-end consumer durables and cars in India, despite Greater Mumbai having the highest prosperity among all markets.\n\n\n\n
The retail frenzy over initial public offers (IPOs) seen over the past few months is not without reason. Over the past two years, 61 companies have tapped the primary market and raised funds via IPOs. Of these, 24 companies (nearly 39 per cent companies) have more than doubled at the bourses with Happiest Minds, IndiaMart Intermesh, Indian Railway Catering and Tourism Corporation (IRCTC), Affle India and Route Mobile surging 468 per cent to 722 per cent since their listing date till now. Retail participation in the equity market, according to analysts, has just reached an inflection point due to the low interest rate regime amid lack of investment-worthy avenues that can generate a good return for investors.
Auto experts from CarJasoos will answer all your questions related to buying, selling or maintenance of new or used cars.
Today, when you buy a door or a window in wood, you are not aware that you are depleting forests. Tomorrow, your wood will have to be certified that it is from a sustainable forest, says R Parasu Raman, Vice Chairman, WGBC.
The company has given an initial pricing guidance of 5.5 per cent. The final coupon and size will be fixed later today," a merchant banker working on the issue told PTI.
CSD was created to provide easy access to quality products of daily use, at prices less than market rates to the soldiers, ex-servicemen and their families
Arvind Brands' Arrow has been one of the earliest and well-established players in the branded men's shirt.
The emerging markets strategic business unit of the country's largest IT services provider Tata Consultancy Services aims to touch the revenues of $2 billion by 2011-2012. The SBU targets regions such as Eastern Europe, West Asia, South Africa and Latin America. The company is also planning to have strategic development centres that will cater to these regions, beginning with Egypt & Russia. Emerging Markets offer great opportunity for TCS as IT sector there is growing at 8%.
V-Mart, Manaksia, Whirlpool Global and few other companies posted better third-quarter results.
State should relax micro controlling of India's capital market to step up progress. India must have an open capital account to take its rightful place quickly in the world of financial service exports.
A survey has revealed that Asia Pacific outsourcing market has grown substantially in 2007.
Facebook co-founder and CEO Mark Zuckerberg on Tuesday said India is a very special and important country with a remarkable entrepreneurship culture, as he sought to push deeper the just-launched payments services that allow users to make payments over WhatsApp. Last month, Facebook-owned WhatsApp received approval from the National Payments Corporation of India (NPCI) for rolling out its payments services in India. In 2018, WhatsApp started testing its UPI-based payments services in India -- a global first -- with about a million users.
Indian commodity market can treble in size to an annual turnover of Rs 100 trillion by 2010, if the government allows investment by FIIs, banks and mutual funds as well as new products like options trading, top market officials believe.
In August this year, ABN Amro Bank decided to renew the lease for its 3,100 sq ft office space at Nariman Point's Sakhar Bhavan, but the landlord dropped a bomshell by jacking up the rental to Rs 500 per sq ft.
India's largest biotechnology company Biocon is planning to tap the potential of biosimilars (generics or copycat versions of biotech drugs going off patent) in the regulated markets of the US and Europe, besides taking Insugen, its own version of insulin, to the global markets in a big way.
Despite the downturn, the 42 females in the Forbes 400 had a combined net worth of $181 billion.