Lakshmi N Mittal, Chairman and CEO, of the LNM Group, has bought a central London house for a stunning price of £70 million ($128.25 million or about Rs 560 crore).
One of the factors behind the rise in securitisation deals was State Bank of India's (SBI) decision to buy portfolio worth Rs 45,000 crore from NBFCs
A consummate deal-maker, the former Aircel boss raked in the moolah in many, but lost a packet in several others.
With its nominees on the board, Tata Sons will have the controlling stake of 51%.
IT industry body Nasscom said it is quite hopeful the final contour of the bill would be much more balanced than it is at present.
Young Indian entrepreneurs hope to share some of the limelight too at the Hyderabad event.
The Anglo-Dutch merger was meant to revive the ailing British Steel which had incurred a net loss of 81 million in the year ended March 31, 1999
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
Experts say that the lockdown and its aftermath will further quicken the consolidation in the real estate sector, which has been taking place since 2012, with more small players going out of the business and bigger, branded players dominating the market.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.
Home grown chat application, Hike Messenger on Thursday said it has acquired US-based voice-calling company Zip Phone for an undisclosed amount.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
Modi has set a target of generating 100 Gw of solar power by 2022.
The process of switching off the 3G network has already started with Kolkata in the recent-concluded June quarter. By September, the shutdown will be affected in 6-7 more circles and between December and March the entire 3G network would be shut down.
'The government is unwilling or unable to provide the kind of relief that Vodafone India is asking for.'
Prime Minister Narendra Modi on Tuesday hosted British royal couple Prince William and Kate Middleton for lunch to the accompaniment of classical music.
Getting an assurance from the Apple CEO on manufacturing in India will mean much to the NDA government.
Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.
The Big Two telecom companies have accelerated their moves towards this next-gen technology, though they have chosen very different routes to getting there.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
London Olympics bronze medallist MC Mary Kom declared her intention to bow out on a high at the Rio Games in 2016, saying it could be her last tournament.
Prime Minister Narendra Modi said India and the United Kingdom are economically made for each other.
A record 39,510 runners have registered for the Standard Chartered Mumbai Marathon on January 19, 2014.
Average data usage on Airtel India network grew about three fold to 2611 megabyte (about 2.5 GB) per customer from 904 MB on YoY basis. But the average revenue from the data services per customer declined by 22.7 per cent during the period.
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Foreign investment cap in insurance sector raised to 49 per cent.
Chief Executive Officer (CEO) Ravikant Chopra, Chief Financial Officer (CFO) PC Vaish, GM, Cricket Operations, Cricket Advisory Committee (CAC) members Yashpal Sharma and Sunil Valson also took the charge on Monday after taking back their resignations.
The Jain brothers' $300 mn-worth Girnar Software has really humble roots.
After ending its wholesale partnership with Walmart, Bharti Retail has decided to merge with the Future group
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
Infosys may have put the visa misuse investigations behind it through a civil settlement with the US authorities, but experts believe that the episode might drag its other peers under the scanner.
NSC scores high on all three parameters that conservative investors are seeking -- safety, tax-adjusted returns and liquidity.
Mukesh Ambani said the Digital India initiative has the potential to transform the lives of 1.2 billion Indians using the power of digital technology.
When 17 million Indians seek their fortune abroad it only means people are losing faith in the government's ability to honour its promises, says Sunanda K Datta-Ray.
It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.
Realty sector is facing a huge slowdown for last 3-4 years, leading to a significant delays in possession of flats to customers.
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
The need for larger investment in infrastructure that is the biggest shortcoming, says A V Rajwade.
At the heart of Friday's case lay an ICICI Bank loan owed by Mallya's Watson and CASL, for which Diageo stepped in as a backstop so that it could be refinanced by Standard Chartered Bank.
