Max Group founder and chairman Analjit Singh has on Monday refuted the allegations made against him in a petition filed with the NCLT, terming it as "downright untruthful". Singh has said he will contest these allegations in the NCLT hearing. "Apart from being downright untruthful, what is even more anguishing is the agenda with which these reports have been encouraged and planted while the matter is sub judice," said a statement put on BSE by Max quoting Analjit Singh.
Sahil Vachani fuels Analjit Singh's new business initiatives
Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal
Four years after setting up a "home away from home" in the Franschhoek winelands of Cape Town, he is increasing his investments in the hospitality sector in South Africa.
All shares owned by Max group promoters shifted to two trusts
Now they are reinventing their strategies to stay afloat, as they see no sign of recovery for at least six months.
Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.
Senior living services, Tara Singh Vachani tells Anjuli Bhargava, could be a big business opportunity in India.
The feud over Ranbaxy patriarch Bhai Mohan Singh's will deepened as Malvinder and Shivender duo (owners of Ranbaxy and Fortis respectively) and Manjit Singh issuing separate notices to the biggest beneficiary, Analjit Singh.
'The smartest businessmen are shopkeepers as their return on investment is better than anyone else.'
Even though the Health Ministry and Indian Council of Medical Research (ICMR) have been insisting that there is 'no solid evidence' of community transmission so far, the government has started scaling up health infrastructure to deal with any situation.
Around 25 per cent of the international real estate market in London also belongs to Indians with investments around 1 billion pounds.
'Today, according to the law, you can't even claim legal expenses when fighting a case as a non-executive director unless you are acquitted. Given how high legal expenses are, that alone is enough to scare anyone away.'
The efforts of two women have given hundreds of street and slum children of Dehradun the hope to dream of a promising future.
The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table.
Market regulator also announces measures for mutual funds sector.
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
Indian fashion, mostly, has been either inexpensive streetwear or wedding wear lacking elegance Varana brings. Kishore Singh drops by the brand's flagship store on London's iconic Dover Street.
These projects are targeted at financially well-off and upwardly mobile Indians.
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