The transaction is expected to be closed in the first quarter of the financial year.
The old guard is still involved in broad corporate decision-making, but quite a few new business heads have started making their mark at the group
The loan is completely hassle-free and transparent.
As temperatures begin to soar, AC makers have become extravagant with their claims and ad budgets as they look to get brand penetration up from the current low levels of four per cent, says T E Narasimhan.
Sikka pays 4 business heads million-dollar salaries as incentive to reach the company's revenue target of $20 billion by 2020.
India captain Mahendra Singh Dhoni on Tuesday approached the Madras high court seeking Rs 100 crore damages from Zee News and other defendants over defamatory news about him related to the betting scandal in the sixth edition of the Indian Premier League.
Developing countries received $414 billion worth of remittances in 2013.
In a top level reshuffle, software services major Wipro on Thursday appointed Soumitro Ghosh as head of Wipro Infotech replacing Senior VP and Business Head of Global Infrastructure Services Anand Sankaran, who quit the company hours before the rejig was announced.
Customers would be able to make money transfers, pay utility bills and recharge their mobile and DTH connections with just one click and a single PIN entry
Yamaha plans to make India a hub for manufacturing its premium bikes for overseas markets, a top company official says
The country's largest passenger car manufacturer Maruti Suzuki India Ltd is planning to hike prices on rise in input costs.The company last raised prices in January 2009.
The move aims to increase operating efficiency and establish greater autonomy at the operating level in the company's India operations.
A third of FMCG sales and half of motorcycle sales come from the hinterlands
Ankit Kawatra will be honoured by Queen Elizabeth II at Buckingham Palace on June 29.
Sanjay Kumar Singh speaks to experts to find out if Tata Housings new loan offer should interest you.
Stock clearing to rain discounts on consumers in June ahead of GST rollout.
Attributing to people briefed on the company, The New York Times said, Intel is expected to reveal a sweeping management change on Monday. Among other changes, the chip maker would announce that Pat Gelsinger, the senior vice president in charge of Intel's enterprise group, is leaving the company after 30 years performing a variety of roles, the report said citing these people.
Makers of air conditioners, beverage and ice-cream are hopeful of a boost in sales
In an interview with Leslie D' Monte, Capgemini's CEO (financial services) for India and Asia Pacific, Salil Parekh, explains the company's strategy for India.
The coins can have the face and names of the owner embossed on them.
3i is a global private equity fund based out of UK and invests across buyouts, growth capital and infrastructure deals. It has a $1.2 billion India dedicated infrastructure fund which has made investments in Soma Enterprises and Adani Power.
Call drop problem to improve in 12-16 weeks in Delhi: Vodafone
With the arrival of new players such as Amazon Pay, Google Tez and Flipkart's PhonePe, digital money companies are now changing their business pitch.
ICICI group's private equity business head Renuka Ramnath is believed to have put in her papers on Monday.
The company has added over 1,300 sites across the two states.
An analysis of remuneration paid to the business heads at various national stock and commodity exchanges in the country shows that most of them were paid crores of rupees in the last financial year and were mostly awarded a considerable increase in their compensation from the previous year. Leading the remuneration tally, National Stock Exchange gave its managing director Ravi Narain a total payout of Rs 3.34 crore (Rs 33.4 million) in 2007-08.
Customers taking small and convenient steps and some degree of care and precaution while paying digitally will ensure safety and security from new threats that emerge every day, says Avinash Luthria
Besides these services, software --MeriMobi -- would provide information on news, stock markets and yellow pages, IITL Business Head Rajeev Mishra said.
From anti-profiteering to affixing stickers on existing stocks, FMCG companies are bracing for new set of GST challenges
The Indian Cricket League also quashed rumours about its future, saying the Twenty20 league has not gone bankrupt and will continue as scheduled.
India's most talented international basketball player Amjyot Singh Gill is all set to soar higher. After dominating in the Asian circuit over the last two years, the power forward from Chandigarh has signed the standard NBA Development League player contract making him eligible to get drafted into the D-League.
Uber will provide mentorship for start-ups on matters such as funding, marketing, operations and scalability.
Godrej has provided three security products -- tyre killers, under vehicle surveillance, boom barriers -- to be installed around Bangalore's Vidhana Soudha, as part of its mandate to secure key government offices. The company is aiming for Rs 400 crore (Rs 4 billion) in revenues in FY 2008-09 as against Rs 300 crore (Rs 3 billion) it registered last year and has set a target to achieve Rs 1,000 crore (Rs 10 billion) by 2012-13.
Major players like Flipkart, Snapdeal and Amazon have, in the last two months, offered discount schemes on specific days, in sync with the festive season in the country.
In a speech to the Institute of Directors, a London-based group of business heads, Brown said that protectionist 'sentiments are growing' not only because of the current credit crunch and rises in fuel and food prices, but also due to the longer term challenge posed by the rise of Asia, particularly India and China.
Business heads of three leading Indian firms from as many sectors - automaker Mahindra and Mahindra, consumer goods major Godrej and biotechnology firm Biocon - on Monday said they were looking at acquisitions in overseas markets as the rupee appreciation had made such plans a good-value proposition.
Former US Treasury Secretary Robert E Rubin has been appointed as the chairman of the Citigroup after the resignation of its embattled CEO Charles Prince, prompted by major write-offs by the world's biggest bank following turmoil in subprime loan and credit markets. Vikram S. Pandit, an Indian, who took over Citigroup's investment banking operation in early October, just six months after joining the bank, is one contender for the top post.
The Rs 3k-cr facility may come up in Pune. While plans are yet to be finalised, the lower cost of manufacturing in India has compelled the company to give a serious thought to the proposition, Harald Landmann, the bus business head for Mercedes-Benz said at the launch of the company's intercity luxury bus in Pune.
29 India-based IT firms have figured in the world's best 100 list of IT service providers.Tata Consultancy Services, HCL Technologies, Genpact, WNS Global Services are few of the companies named.
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