Indian corporate house Essar has offered to buy out foreign partner Hutchison Telecom (HTIL) from the mobile joint venture Hutch-Essar for $11 billion (about Rs 50,000 crore), putting the enterprise value at $16.5 billion.
The world is moving faster than academic institutions
Tata Group chairman Ratan Tata has said the company could not give any guarantee over safety of jobs as it plans will be to make the UK operations more profitable.
Sources have told FT that Iran will offer talks without preconditions.
ICICI Bank, India's second largest bank financial services provider, plans to employ up to 40,000 people annually over the next three to five years to meet the expected demand from the nation's booming banking arena, reports the Financial Times.
In an interview to Financial Times, the world's fifth richest man says although he is not the CEO of the merged entity Arcelor-Mittal, he would play a role in setting future strategy and looking at growth opportunities.
Indians are not good at manufacturing. Even if they do what we tell them to do, they always need to understand why they are doing it that way, says Japanese management guru Kenichi Ohmae.
The efforts of the Bush administration to get Congress pass legislation that will allow the United States to sell nuclear technology to India and accept it as a full-time partner in the international nuclear community.
NRI steel tycoon Lakshmi Mittal is considering relinquishing his controlling stake - a move that could lower the barriers to shareholders accepting his $22.1 billion
An aggressive Pyongyang is likely to force Seoul and Tokyo to build nuclear deterrents and thus thwart Beijing's ambitions.
Minimum taxes on foreign portfolio investors have been removed.
John Elliott, the author of Implosion: India's Tryst with Reality, on his Riding the Elephant blog, says the sacking of Cyrus Mistry as chairman of Tata and Sons was in line with Ratan Tata's personal style of dealing with executives
Deutsche Bank, one of the leading international financial service providers, plans to move almost half of its back-office jobs to India by the end of next year, according to a media report.
Here are some interesting points Vijay Mallya mentioned in the FT interview.
Trump's foreign policy juggernaut has shelved the 'Deep State' and 'Axis of Evil'. But where is India?
Lord Chris Patten, Chancellor of Oxford University, will visit India next month as part of a drive to attract brightest students from the country to help university compete with the better-funded US Ivy League colleges.
Steel giant Arcelor has said it would be ready to receive a written proposal from Mittal Steel about an unspecified "industrial project" related to the steel industry, a media report said on Saturday.
If you get stuck with business-as-usual, you get left behind.
Deutsche Bank plans to increase its presence in India by opening eight more branches in a couple of months and strengthen its retail portfolio.
Pakistan is negotiating the purchase of six to eight nuclear power reactors from China over the next decade in the most ambitious expansion yet of the country's nuclear energy capability, a leading London daily reported Tuesday.
Top Indian companies are ending the year 2005 with a flurry of overseas deals, capping a trend of the past year that saw mergers and acquisitions worth a record $10 billion.
A Financial Times report says that Tokyo, Sydney or Singapore could be the probable targets.
US treasury secretary John Snow learned more than one month ago of the tentative plan and Chinese officials gave him details on the change and its timing before the announcement, The Financial Times and The Asian Wall Street Journal said.
There is a case for analysing the fiscal deficit, separately for expenditure and investment.
The recent arrest of Abu Faraj al-Liby, al-Qaeda's alleged number three, had severed links between the terrorist outfit's leaders and its cadres, he said.
The reform process has released the entrepreneurial instincts in our country and many honest professionals have been able to set up their own enterprises.
Ahead of PM Modi's maiden visit to the UK, the British media today said "troubles at home" after the BJP's drubbing in the Bihar elections will overshadow his visit.
Recognising that "political compulsions sometimes overwhelm," he hoped the leadership of the main opposition party will recognise "what are the imperatives of the situation."
Rise up for the right to offend. Let there be no holy cow, person, religion, ideology that cannot be criticised, ridiculed, parodied, lampooned. That's what differentiates you from the bigots who entered Charlie Hebdo, says Mango Indian.
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