Nestl is facing its worst crisis ever. Can it learn from its peers?
So far this year, there have been 76 private equity investments in India
Global investment bank Morgan Stanley today named P Jayendra Nayak, the former chairman and chief executive officer of Axis Bank, as its new chief executive and country head for India. Nayak, who will replace Narayan Ramachandran, is slated to join on April 5.
He asserted that he did not compromise much on getting his landmark healthcare reforms through the Capitol Hill.
Well known banker Naina Lal Kidwai has been appointed as the country head of HSBC group companies in India. Kidwai will assume the chairmanship of HSBC India operations and the appointment is effective from April 15, an HSBC statement said.
The investment bank came to India in 2007 and has so far raised more than $2 billion for Indian companies. Replicating its business model in the US, it now plans to launch broking and distribution services in India.
A Ganesh Nadar meets the stunned father of Alexis Prem Kumar, the Indian Jesuit priest, who was abducted by armed gunmen in the Herat province of Afghanistan.
Samsung Electronics and Motorola are gearing up to launch handsets based on Google's Android operating system in India.
The Queensland Government has declared the rail corridor as a Strategic Development Area, the statement said.
The new Congress-led UPA government must lay greater emphasis on speeding up projects connected with infrastructure, port, power, education and health, a leading Indian banker has said.
Utility segment at present constitutes 17-18 per cent of the total car market in the country.
A majority of big real estate developers in India today said they are insulated from the financial crisis in Dubai and it will not have any impact in the country's property market.
Mexican multiplex chain Cinepolis will introduce its luxury brand 'Cinepolis VIP' in India as part of its plans to set up 500 screens by 2016 in the country.
Headed by additional secretary in the Home Ministry, B K Prasad, the team will also monitor the evacuation of stranded Indians in Nepal.
The Pentagon today advised Pakistani military to take the extremists in the country "head on" and defeat them.
25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'
It has been nearly four months since Sidharth Punshi, 34, former executive director at Goldman Sachs, joined Jefferies International, a global investment bank and institutional securities firm, as the managing director and country head for India. In a recent interview, Punshi told Business Standard that despite the tight liquidity scenario and a challenging global situation, Indian companies continue to chase merger and acquisition deals abroad.
Priced at Rs 23,999, the Zenfone 4 Selfie Pro is on the costlier side, but a good bet if you are always on the go and like to capture a lot of photographs, saya Khalid Anzar.
With growing capital markets and business friendly climate, nearly 1.4 lakh investor accounts were opened on an average every month in the last one year.
The deal, amounting to $ 2.1 billion, will get for Indian Navy eight Boeing P-81 long-range maritime reconnaissance aircraft
Realtors split on possibility of price fall, gold may replace cash in secondary deals.
The jewellery industry has welcomed the government's decision to ban old Rs 500 and Rs 1,000 notes, saying gold demand will rise as people will have more faith in the precious metal than the currency notes. But the unorganised builders and secondary (resale) property market would be adversely impacted.
US-based CPA Global, a legal process outsourcing firm, will set up its third centre in India and hire 1,450 people over the next two years.
DLF, Unitech and other real estate developers may lower prices up to 30 per cent by mid-2009 to nudge buyers out of their "wait and watch" stance, according to experts.
India - long considered a digital laggard for its low internet penetration - is set for explosive growth in web usage in the coming year, according to a senior Google executive in the country.
The company has capacity to manufacture 310,000 units annually.
Leasing activities of office and retail spaces would not be affected much.
HTC Desire 820 will be available in two variants - with an octa core processor and quad core one.
The once-popular brand plans to try its luck in the smartphone market with reliability as its key proposition.
Addressing a press conference, Sunil Dutt, country head, Samsung Telecommunications, said, "We plan to double our turnover. We will focus on product innovation, and value-added services like internet experience on mobile and long battery life." Even Finnish handset biggie Nokia lost market share in India from 72.3 per cent to 69.5 per cent between January and March.
In the mid-quarter monetary policy review last month, RBI Governor Raghuram Rajan had left the key policy rate unchanged, after raising it 50 bps in two instalments since he took over on September 4, saying he was waiting for more data clarity.
For Hitachi, India remains a very important market for high-end products.
Swedish defence major Saab has unveiled its next generation fighter aircraft, Gripen E, which the company said is being offered to the country under the 'Make in India' initiative with transfer of technology.
Vendors are ready to pull out of Singur and follow Tata Motors, said some of them, a day after Ratan Tata threatened to do so.
United States-based cab company Uber was on Monday booked for cheating by the Delhi Police in connection with the alleged rape of a 27-year-old finance company executive in its cab by the driver on Friday night in New Delhi.
The move will make it the first global automobile major to design a vehicle here
HDFC Bank's customers will now be able to enjoy a complete suite of banking and commerce services over their mobile phones with the bank partnering with ngpay, a mobile solution brand from JiGrahak Mobility Solution.
After 13 years, Morgan Stanley Investment Managers on Thursday launched its second fund, Morgan Stanley ACE (Across Capitalisations Equity) Fund, which will invest in a portfolio of equity and equity-related securities, including equity derivatives.
Tax collection at source would lock in Rs 400 crore of seller money, say Flipkart, Amazon, Snapdeal.
As PM talks of lower lending rates, housing companies prepare to cash in.
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