Reliance Communications could become a much more formidable opponent.
Among India's capital-starved local banks, Essar is viewed as too big to fail.
Banks to get more aggressive and act like PE investors
The problem is actually acute in the diamond jewellery industry where there is no uniform criteria of inventory valuation unlike gold, whose prices are uniform and widely quoted.
Neighbourhood stores have the ability to adapt to changes.
As a step to protect its interest as a lender, SBI will look at the financial stability and corporate governance practices in companies where it has exposure.
Though Dentsu Aegis says C P Arora left the business in July 2016, his Twitter handle and LinkedIn profile continue to refer to him as Group CFO of Denstu India.
In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
Realtors expect BMC's 'single window' clearance to be a game changer, leading to correction in property prices.
Sticky labour laws and a difficult business environment have led to employers shifting their new hiring in favour of contract labour where social security is much lesser, says Mahesh Vyas.
Oppo's FDI application approved for single-brand retail trading
Market regulator in talks with SBI Caps, UTI Infra for scrutiny and auction of properties.
Mutual fund houses do have several challenges ahead to win more investors.
12 out of 21 public sector banks reported declines in their loan books in the last financial year against seven such banks in 2015-16 and none in 2013-14.
After IPL exit, beverage maker signs up as first BCCI on-ground sponsor
Modi's government sees itself in a sweet spot with spare cash.
Naidu vowed to hasten the process of securing clearances by industry.
Aggressive acquisitions & deep pockets fuel real estate competition; experts suggest future partnership
A Europe-like cyber security defence alliance is the need of the hour, say banking technology experts.
Phonemaker Apple is said to be in talks to take 30,000 sq ft retail space at plush property Maker Maxity, in Bandra Kurla Complex
Bharti Airtel had planned to charge separately for internet-based voice calls provided by Skype.
Amazon is working on deepening its engagement with young technology companies in the country.
India's gold obsession needs a correction.
Sources claim that 68-70 per cent of the workers at Halol are permanent ones, while the balance is tilted towards contractual workers at Talegaon.
In five years, per-employee revenue for IT companies grew at 9 per cent each year.
But, neither were the big companies interested in growing inorganically nor were the smaller ones ready to offer themselves for sale.
TCS moved into new markets like France, Japan thanks to acquisitions.
Despite lay-offs and the threat of automation, the industry will continue to be an important driver of growth in employment and GDP, says Ashok Soota.
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