Mukesh Ambani remains the country's wealthiest promoter as his stake in Reliance is now worth Rs 3.25 trillion!
The analyst community tracking the Indian IT services industry took special note of Accenture's first quarter (Q1) performance, which showcased the rapid growth of its consulting business that outperformed its outsourcing business. Bookings indicate that the trend will continue. Consulting bookings increased 41.6 per cent year-on-year (yoy) to $9.4 billion, higher than the 17.6 per cent growth in outsourcing to $7.4 billion. The management commentary was also more bullish on the consulting business.
In a major relief to stressed assets, the Cabinet approved the proposed IBC amendment that the licences, permits, concessions, and clearances for a corporate debtor cannot be terminated or suspended or not renewed during the moratorium period. The Cabinet also allowed amending the code to streamline the corporate insolvency resolution process and protect last-mile funding to boost investment in financially distressed sectors.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
The calculation excludes cross-holding of listed group cos in each other.
Some of India's largest groups, including the Tata family controlled companies, the Ambani family controlled Reliance and Vijay Mallya's UB Group, have pledged large stakes in their listed companies as collateral to lenders, new disclosure requirements reveal
Foreign investment firms, especially private equity, are jittery about the Indian market as uncertainty continues to shroud the energy sector.
Tata Motors, however, will not be able to meet this small demand and keep the Nano alive from October next year, when safety regulations for existing car models kick in.
TCS' customer focus has been central to its recent success.
The MG Motor India management is focused on scaling up and launching smaller cars to play the long game in the country, says Pavan Lall.
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.
The highest compensation package for the Global MBA class at the S P Jain School of Management stood at Rs 43.9 lakh while that for the MGB programme was Rs 35 lakh.
TCS beat tech giants IBM and Hewlett-Packard to become the fastest growing brand within the IT services sector.
Mayank Rautela distils his 20-odd years of experience in human resources management to tell you how you can ace in your career.
23 Nifty companies reported an annual decline in net profit.
'Approach people with respect, mindful that they know their job better than you do, and that you're not superior to them just because you may be better educated or their boss.' Skoda Auto VW India MD Gurpratap S Boparai cites his management credo to Pavan Lall.
The Tata Motors-Jaguar-Land Rover combine, with a valuation of $8.45 billion now reigns supreme among the most valuable corporate brands in India.
TCS created wealth worth Rs 3,458 billion for the period 2010-15.
'The government wants farmers to diversify from rice and wheat, and create another green revolution. Cannabis can play a big part in that'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Tata Steel is fine-tuning strategies to enhance revenues.
Among Sensex components, shares of Reliance Industries, India's largest company by market value, stole the show by surging 1.61 per cent to their highest in over three months.
Titan is investing heavily on research and development, which will do things beyond a smart watch can do today such as switching off lights, locking, and unlocking doors and making payments. Titan is also working closely with start-ups, too, to develop such futuristic features.
Ola was supposed to expand to the Netherlands, Kenya, Dubai, Israel, and Brazil.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
In dollar terms, its m-cap rose to $76 billion
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
TCS is fastest growing software brand in the world.
In 2008, the 13 companies on the list accounted for 34 per cent of the overall m-cap.
'In the medium to long term mid-caps tend to generate higher returns, albeit with increased volatility.'
With a debt of several thousand crore rupees, there's no chance the government can attract any buyer unless it cleans up the balance sheet, says Anjuli Bhargava.
India's salvation lies in job creation by entrepreneurs, say Manish Sabharwal and Ashok Reddy.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
TCS, HDFC Bank, Hindustan Unilever Limited (HUL), HDFC, Infosys, ITC, Kotak Mahindra Bank, ICICI Bank and SBI closed the week with losses.
Large-cap plus in low-cost delivery, investment in new services adds to sectoral push
4 MNCs among top 10 companies with dividend-earning promoters in FY15.
Experts say this is a good time to buy a house for self-use, points out Sanjay Kumar Singh.
TCS still ace in the pack
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