The reduction in value of Chandra's assets comes close on the heels of the group's debt burgeoning to over Rs 12,000 crore, much of which he had raised by pledging his shares to banks and mutual funds in his flagship company ZEEL after many of the groups infrastructure bets did not take off.
Tivoli has turned out to be the best-selling vehicle from SsangYong in its 62-year history, Ajay Modi reports from New Delhi.
Shapoorji, Kalpataru, Godrej pursuing Rs 60,000 crore opportunity in the region
Two-time champions ATK on Friday announced the signing of Irish football legend Robert David "Robbie" Keane for the fourth season of Indian Super League scheduled to be held in November.
Steve Smith, on Thursday, said there is no bad blood between him and Mahendra Singh Dhoni, who was replaced by the Australian as skipper of the Pune Supergiant for the 10th edition of the Indian Premier League.
Planters from Assam said despite the Covid-19 pandemic, trade enquiries from China had been rising. However, owing to the growing conflict, enquiries may dry up. 'We have seen how the trade dried up in case of the Pakistan conflict and fear the same,' a planter from Assam said.
Pawan Goenka did not offer any details on the new models or launch dates.
The board of ATK Mohun Bagan on Friday decided to retain the iconic green and maroon jersey which has been synonymous with the 131-year-old legacy of the football club. The name of the club will be changed to ATK Mohun Bagan, while the logo will have the iconic Mohun Bagan boat with addition of ATK to it.
Last month, Emami Group completed divestment of its 100 per cent stake in Emami Cement to Nuvoco Corporation for an enterprise value of Rs 5,500 crore.
Former Uruguayan forward Diego Forlan's is widely speculated to become the marquee player of Atletico de Kolkata for the third season of ISL but the team owners remained tight-lipped on the subject. "We have not yet decided on our marquee player. We will announce the name before the (August 28) deadline and he will be befitting," co-owner Sanjiv Goenka told reporters on Friday.
As the Centre pushes reforms in the power sector, especially for the beleaguered electricity distribution segment, several states, especially those ruled by Opposition parties, are clamouring against it. Maharashtra, West Bengal, Tamil Nadu, and Kerela have voiced their reservations against the proposed amendments to the Electricity Act, 2003. The irony is the states opposing the amendments on the ground of threat of privatisation already have private partnerships in power supply. The proposed Bill was slated to be placed on the floor of Parliament in the Monsoon session. But it still awaits Cabinet approval amid several states complaining that they have been not consulted on the issue.
The keenly-awaited Mahindra Thar 2020 was finally unveiled on August 15, 2020. Here are the first images of one of the finest off-roaders!
The sale of Nature's Basket, Godrej's chain of food stores in west India, is the second exit by a big group in a year in the category
The list acknowledges the 'inroads women are making in the business world'.
Around 576,000 housing units, worth Rs 4.64 trillion, are delayed in seven major cities of the country
Celebrities in attendance at the Luxury Lifestyle Week held in Mumbai.
Directors of AMRI Hospital Manish Goenka and Ravi Todi were on Monday granted bail by the Calcutta high court in connection with the December 9 hospital fire that killed 90 people, mostly patients. Goenka and Todi, who were in custody for 116 days, were granted bail by a division bench comprising justices Ashim Kumar Roy and Asim Kumar Ray.
The BCCI followed the reverse bidding process to select the two new team owners. The new teams will replace the suspended teams Chennai Super Kings and Rajasthan Royals, for two years.
Make in India can be a success if teh govt focusses more on technology, says Pawan Geonka.
The state needs great numbers of new-generation entrepreneurs.
After months of negotiations, an entity owned by Pune-based property developer Panchshil Realty and US-based private equity (PE) company Blackstone has bought a majority stake in Express Towers.
Mecca of Indian Football, Kolkata had a date with French football superstar Thierry Henry as he enthralled the crowd here at Rabindra Sarovar stadium by lighting the lamp at Atletico de Kolkata's home game against Mumbai City FC on Tuesday.
Here are some of the top executives and politicians who have been linked to the 2G spectrum scam in India.
'Never had I imagined even in my wildest dreams that this 18-year-journey through 80 films would bring me so much love, respect and appreciation.' 'I never thought I would become such a charchit abhineta (popular actor).'
CESC Properties, a subsidiary of the group's power utility, CESC Ltd, is building the city's first luxury mall, Spencer's Galleria. It will house 20 luxury brands, a first for Kolkata.
Christmas came early to the 'City of Joy' as the inaugural Indian Super League champions Atletico de Kolkata returned home to a hero's welcome.
We bring you a round-up of showings by Pallavi Goenka, Amalraj Sengupta and more!
Partnership between Israel and India is doing wonders, the visiting prime minister tells business leaders.
With a small team of like-willed youngsters, Himanshu Goenka is creating opportunities for underprivileged children to dream big.
We bet you won't be able to take your eyes off her!
Rs 1,000 now buys $13.5 against $14 a year ago.
According to the Society of Indian Automobile Manufacturers, total sales of vehicles across categories registered a growth of 13.40 per cent to 13,70,786 units in May, as against 12,08,820 units in the same month last year.
Just what do actors *do* the whole day? We find out.
Mahindra group and Ford Motor Co will jointly develop new SUVs and a small electric vehicle as part of several initiatives to take forward their collaboration pact signed last year.
The matter was mentioned before a bench of Delhi high court's acting chief justice Gita Mittal and kustice C Hari Shankar by Additional Solicitor General Tushar Mehta. The court allowed it to be listed for hearing on Wednesday.
News of all that transpired on and off the football field.
Anupriya Goenka's humble abode!
Anti-government protests in Egypt are making Prashant Goenka, director, international business, Emami Ltd, nervous
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
Teams of both companies are collaborating on all areas of mutual interest including electrification, distribution and product development.
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