Tata Steel, others sell assets abroad after taking massive impairments.
Airtel acquired African telecom operator Zain in 2010 for $10.7 billion.
Two years ago, the number was 4,000, according to Indian businessmen.
Vodafone Plc and its ex-shareholders have suffered due to the delay in an Initial Public Offer (IPO) of its Indian unit.
Budget 2014-15 has done away with the tax sunset clause of March 2014.
Just before the 2008 financial crisis made headlines, Indian companies were on a global buying spree. In the fifth part of the series, Dev Chatterjee and Krishna Kant discuss how the crisis came as a black swan event for some, changing the mood from exuberance to despair.
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
Indian CEOs might like to make some serious course correction.
Bankers say it's a question of survival for debt-heavy companies.
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Revenue yield on every rupee of investment fell to Rs 1.06 in FY13 from Rs 1.20 in FY08.
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