Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.
In India, it is fighting a pitched battle against Ola.
No one knows where billionaire Nirav Modi emerged from. What is known is that when he came (back) to India, he cut his teeth in the diamond business under the tutelage of his jeweller uncle. Then he began to build a glittering international brand. Soon even Hollywood stars like Kate Winslet and Dakota Johnson were walking the red carpet showing off Nirav Modi jewels.
If Sachin Bansal sells his stake at a little over 5 per cent and steps down from Flipkart, as reports have suggested recently, either Binny Bansal or Kalyan Krishnamurthy, CEO of Flipkart, could be an option for the leadership position.
Aziz Haniffa/Rediff.com reports from Washington, DC, on what makes Prime Minister Narendra Modi and US President Barack Obama get along so well.
The US election campaign has provided plenty of ammunition for the CCP to make its case that its political system is superior.
Given the developments, analysts do not foresee a quick recovery.
The Forbes 5th annual '30 Under 30' list features 600 women and men.
His view will be shaped by his perception of US world interests and India's economic performance relative to China.
Yum reduced the number of restaurants in India by 14 in the September quarter from the preceding quarter to 811.
While the market regulator's recent note on portfolio management schemes has kicked up a storm, that is not the only pain point for businesses, says N Sundaresha Subramanian.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
A smartly executed reform-recap will be the best booster for the economy, says Ajay Chhibber.
The poor and unbanked can take their rightful place as consumers of financial services only if the Modi government encourages different entities to advance the financial inclusion agenda, say Vikram Gandhi & Chandni Ohri.
An ambitious long-term vision to ensure economic connectivity between India and the rest of Southern Asia is critical to India's trade policy objectives.
Contrary to the bragging that marked its two-year anniversary, the government's timidity on reform is simply astounding.
Union Budget 2015 cuold have included few smaller reforms.
A common factor that binds all these men is greed.
'India alone cannot walk the path of peace. It also has to be Pakistan's journey to make,' says Prime Minister Narendra Modi at the government's geo-political flagship initiative "Raisina Dialogue-II".
'How can Kashmir be demilitarised if the terrorist threat remains and Pakistan continues to incite elements in Kashmir to keep the internal situation unstable?' asks former foreign secretary Kanwal Sibal.
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