Raymond claims to be spending more than 10 per cent of its ad budget on its biggest campaign, called The Summer of Wool.
'Aleris will bring in $3 billion of revenue. Novelis has $12 billion of revenues. If we add Hindalco's $6-billion revenue, then on a consolidated basis, we will become the world's largest aluminium company outside China.'
Former Coal Secretary P C Parakh apparently failed to specify any "public good" on file notings when he reversed his earlier position of rejecting Hindaclo's application for coal block in Odisha.
UltraTech currently has 19% market share with Shree Cement commanding 22% of the market
Saks sells luxury brands such as Jimmy Choo, Giorgio Armani, and Tod's, besides premium brands such as Fila and Puma.
It took the Aditya Birla group four years to make up its mind on entering the the burgeoning e-commerce market in the country.
"India will be home to a fifth of humanity, its economy 16 times bigger than today, and one of the world's largest consumer markets. India will be a world better in many areas"
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Idea may have to shell out Rs 4,500 crore in cash
Mumbai is witnessing some big-ticket investments in bungalows by the city's billionaires.
Cleaning up India's grubby business climate is top of the agenda for both regulators and the government.
A day after applying for a bank licence, Aditya Birla Group chairman Kumar Mangalam Birla on Wednesday said the new bank licence norms announced by the Reserve Bank are not discriminatory towards large corporate houses.
Globally, the focus has moved back to India, especially in terms of telecom assets. Vodafone Idea, with some 300 million customers, continues to be attractive with shares available at a low price.
As per the law, political parties are to declare a list of their political donors. However, as per the latest report, political parties continue to enjoy donations without providing their names or addresses, reports Vicky Nanjappa
On the telecom sector, he demanded auctioning of more spectrum.
Probe into alleged irregularities in allocation of Talabira-II coal blocks has gained momentum as CBI has started questioning top executives of Aditya Birla Group and were likely to quiz former Coal Secretary P C Parakh next week.
Former PM Manmohan Singh moved the SC against a special court order summoning him as accused in coalgate case.
Jindal Power bagged 2 coal mines in Chhattisgarh.
With their net debt estimated at Rs 1.15 trillion, the merged entity will not be in much of a position to dole out freebies, says Romita Majumdar.
Narayanan's strategy of building exclusive brands for Myntra has been a success as well, and more such brands will be added to the portal's offering in the future
Nearly 150 companies visited the campus this year.
I-T will now ask the company to produce documents and validate the source of the recovered cash.
Concerned by GDP slowdown and unrealistic tax targets, the economists urged Finance Minister Nirmala Sitharaman to implement long-term structural steps like land and labour reforms. Warning against any off-Budget financing the economists said the government should prepare a statement of intent for its social, rural and welfare sector expenditure.
VCs have been especially bullish about India.
Following the October 24 Supreme Court order, the department of telecom estimated that the total liability of 15 telecom companies, including penalties and interest, would be Rs 1.47 lakh crore.
The payments banks are intended to house transactional accounts for individuals, focusing on payments and remittances.
The case based on "random materials" like loose sheets, papers, e-mail print outs is "merit less" as they are "inadmissible materials" having "no evidentiary value under the law, the court said.
Piramal will join the JSW, Vedanta and Tata groups, which are bidding aggressively for distressed assets, especially in the infrastructure and steel sectors.
Some experts had said the Budget did not have much in terms of big ideas.
Aditya Birla Nuvo gets board's nod, Videocon submits application.
Budget 2014-15 has done away with the tax sunset clause of March 2014.
'This is part of our efforts to make it easier to do business.'
Economists have asked Finance Minister Arun Jaitley to lower interest rate, rationalise subsidies, remove all cess and surcharge, do away with the retrospective tax amendments and scrap dividend distribution tax to revive investment cycle and promote growth.
Seven students were made international offers.
'Each person has their own story. You can't make a general statement about an entire industry.'
The argument that the pandemic has given a boost to streaming video is fallacious. Only three OTTs saw a rise in viewership; the others fell.
In the broader market, the BSE Midcap index bucked the trend to gain 0.3%
The deal, part of the Jaypee Group's plan to cut Rs 60,000-crore debt, follows months of negotiations.
L&T chairman AM Naik is worried about few things.
After sight-seeing the Taj Mahal in Agra and the Sabarmati Ashram in Ahmedabad, Canadian Prime Minister Justin Trudeau got down to work in Mumbai. He, along with his wife Sophie Gregoire Trudeau and three kids -- daughter Ella Grace and sons Hadrien and Xavier - arrived in the country's financial capital on Monday night. Here are snapshots from Day 3 of their visit.
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