Indian airline SpiceJet Ltd said on Thursday that its billionaire owner, Kalanithi Maran has proposed to transfer majority ownership in the ailing carrier to co-founder Ajay Singh.
Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
Ranbaxy did its maiden public issue in 1973.
'The meanness of the board statement apart, it nowhere answers the most fundamental and damaging aspects of the deteriorating work culture among top company executives to which Narayana Murthy had been repeatedly drawing attention,' says B S Raghavan, the distinguished civil servant.
Murthy no more chairman emeritus; founders do not want to be addressed as promoters.
Siddharth Tata's Purple Chilli helps vegetable farmers earn an income 365 days a year.
There was a sharp fall in power output on Thursday from a plant in Gujarat that left India more than 9,000 megawatts short of peak demand, according to two officials at the state grid operator.
Affaq Husain and his wife Saira built a Rs 100 crore empire preying on the most vulnerable people in society.
A loyalty programme, same-day delivery and repeatability are driving EkStop's business but scaling up and addressing competition are vital.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Foreign investors are betting top dollar on the country as growth is likely to recover at a time when other emerging markets are battling macroeconomic adjustments.
The analysis covers BSE 200 Index's 171 companies for which data on the compensation to the boards of directors for FY14 and FY13 are available.
On the occasion of her breaking the world's longest hunger strike, Rediff.com reproduces this 2011 feature on the activist and her life.
Only double-income households can buy flats in India's top 8 cities, except Mumbai
Mr Rahul Gandhi himself has given seven different prices in different speeches with regard to the Rafale, that is the 2007 offer.
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
The store launches same-day delivery for its site, though analysts say others have eroded its headstart in the brick and mortar format.
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
Read the fine print carefully because even a policy with a high sum assured may have sub-limits
Unless Dr Urjit Patel starts clearing the balance sheets of banks, the investment cycle will not start. Unless the clog in the drain is cleared, further lending cannot happen. If further lending doesn't happen, the investment cycle also will not happen, writes M R Venkatesh.
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India
'Without destroying idol worship, you cannot destroy caste because idol worship keeps religious communities in its religious ideology. The RSS is a big promoter of idol worship.' 'They may have an OBC PM, but neither the RSS or the VHP talk about an OBC becoming a priest. The equation is: Business in Baniya hands. Religion in Brahmin hands. OBC votes for the BJP.'
Entrepreneurship hasn't been a cakewalk for him, says Sinha.
The 39-year-old, the fifth child of an illiterate labourer couple and only the second of their eight to be educated, now helms various ventures that bring in a turnover of between Rs 75 crore and Rs 90 crore.
Besides a great idea, it takes pluck, and some luck, to get going.
If you are more than your rhetoric about a strong and united country, give us our due -- treat us as countrymen, says an ordinary Muslim in this open letter.
'We keep climbing one step and slipping three. In 2004, our relay team was 7th in the world. Then we slipped from there. Otherwise, today our 4x400 metres relay team would have been gearing for a medal at the Rio Games.' 'If we need to compete at the world level, our thinking needs to be at world level. You can't have akhada thinking.'
'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.
Few top honchos of India Inc did very well in 2014.
