Apart from developers of special economic zones and units operating out of them, the proposal will also affect companies in power, infrastructure, food processing, hotel and hospital sectors, among others.
The company sees many more areas of inorganic growth in the future.
For those students who want an exciting, challenging and creative career, Sam Balsara, the doyen of advertising advises them to not look at remuneration alone.
Echoing Prime Minister Narendra Modi's views that improving the health of financial markets alone cannot fuel growth, G20 business leaders on Friday said vigorous efforts should be made to go beyond fiscal and monetary policy to kickstart world economy and create jobs.
The board of directors of NIIT, which met on Friday, has approved the proposal to create a new software company by carving out the global solutions business out of the company.
An increasing number of people are going online for finance-related content, with 19.7 million Internet users in the country logging on to business websites in June, says a survey.
Airtel acquired African telecom operator Zain in 2010 for $10.7 billion.
RDB, which has a plant capacity of producing over 20 billion cigarettes per annum, owns brands like Regent, Hero and No. 10, which are extremely popular in eastern India.
Standard Chartered Bank, which bought a 49 per cent stake in UTI Securities from Securities Trading Corporation of India early this year, is likely to hive off the commodities broking business into a separate company and put this division for sale.
Hinduja Group chairman S P Hinduja on Friday called for transparent policies, simplified procedures, and better business environment in India to attract investments from overseas Indians and foreigners.
Deccan Aviation Ltd, in which Vijay Mallya's UB group has picked up 46 per cent stake, may hive off its aviation chartering business into a separate entity.
GaneshaSpeaks today offers astrological predictions across media like the Internet and mobile phone. The astrologers are specially trained for delivering instant service.
The hotels and restaurants of all categories in Puri have been packed till the end of the nine-day festival, while several organisations have erected makeshift accommodations to give shelter to the devotees and tourists coming from across the country and abroad.
Owing to a demand-supply mismatch, all the airlines are seeing an increase in revenues.
Sales of gold and gold jewellery have come down by 75 per cent in Gujarat due to spiralling prices of yellow metal in past two to three months.
On the eve of Prime Minister Atal Bihari Vajpayee's visit to China, Confederation of Indian Industry has released a survey on Sino-Indian business relations, which reflect growing interest of Indian companies in the Chinese market.
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New York Stock Exchange President 38-year-old Tom Farley (ranked 7) and Twitter co-founder and CEO 37-year-old Jack Dorsey.
According to Reliance Money officials, the company offers 5 gm and 8 gm coins now but plans are in the offing to launch 0.5 gm, 1 gm and 2 gm coins, said
As the buzz about UK-based SABMiller making an estimated $12-billion bid for Australia's leading premium branded drinks company Foster's beer business continues, India, say analysts, holds the key to the bid.
United States assured Indian companies on Wednesday of a pie in the huge sub-contracting business offered by the reconstruction work in the war-ravaged Iraq, Association of Indian Chambers of Commerce said.
Data released by the Life Insurance Council reveals that the total pension premium for the life insurance industry saw a growth of 159 per cent at Rs 22,268 crore (Rs 222.68 billion) for FY07 compared with Rs 8,568 crore (Rs 85.68 billion) in FY06.
Maruti Udyog Ltd, which posted a healthy 40 per cent growth in profit last fiscal has cautioned that its group companies, some of which are loss making, "may adversely impact operations".\n\n
Amway India, a direct selling FMCG Company in the country, is all set to enter the Rs 500 crore (Rs 5 billion) colour cosmetics segment.
Seeking greater cooperation with India, Russia's Tomsk city in Siberia on Friday invited Indian hi-tech companies to establish innovative ventures in the region.
Indian businessmen on the forum would also include Baba Kalyani of Bharat Forge, Sunil Kant Munjal of Hero Honda, Nandan Nilekani of Infosys, Vikram Kirloskar of Toyota Kirloskar and Deepak Parekh of HDFC.
People are no longer sure we are educating leaders who have the requisite competence and character to fulfill the responsibilities that come with their positions of power and privilege, says Harvard Business School dean Nitin Nohria.
Apollo Hospitals was looking at divesting at least 50 per cent of Apollo Pharmacy, the retail pharmacy network, for Rs 1,000 crore.
After an illustrious career spanning seven decades, the biggest name in hair-biz breathed his last yesterday.
The Indian Film Festival of Los Angeles has become a portal for the Indian film business in a post-Slumdog world.
Air Cargo Express, with its dedicated fleet of ATRs, is also supposed to start operations this year. Reliance Retail is also considering starting a cargo airline for its supply chain.
The government on Friday said gains from fake currency business are going abroad through the hawala route and admitted that the quality of fake currency has gone up with better imitation of security features.
Country's largest lender State Bank of India on Wednesday said it has selected US-based Elavon Incorporation and Visa International as its joint venture partners for merchant acquiring business. Merchant acquiring business is facilitation of payment through debit or credit card at the retail outlets.
Full-service carriers remain unfazed by the introduction of the business class segment by budget airlines.
India is now a biz friendly nations, say Arun Jaitley.
RPTs are globally recognised as an important component of the ease of business index.
SBI's number of foreign offices increased from 186 in March 2013 to 190 in March 2014, in 36 countries.
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