The rupee gained for the second day, climbing 23 paise to a one-week high of 62.07 against the dollar on Wednesday, amid a modest recovery in local stocks and sales of the US currency by exporters and banks.
Emami's soaring fortunes have been dragged down to earth by the blaze that torched its AMRI Hospital, killing 93 people. With seven directors -- six of them family members -- in jail or absconding, can the Emami Group survive the rocky road ahead?
There's an undercurrent of fear in business circles these days
The Supreme Court has granted bail to five corporate executives in 2G spectrum case.
Asks India Inc for a list of concerns in 4 weeks, to coordinate policy response within 60 days; FM says prevailing cynicism based on perception, not facts.
Latest in our ongoing series of #India-Photos! You can share your travel photographs too. Post them on ZaraBol and we will carry select images on Rediff.com and India Abroad!
Nearly all FMCG companies like Marico, HUL, ITC and the rest have been indicating that the operating environment has been challenging, with drop in consumption, especially in rural areas, severe crunch in market liquidity conditions, and disruptions and floods in several parts of the country. To overcome this, they are boosting their direct reach in the countryside.
The corporate honchos who are behind bars for their alleged involvement in the 2G scam will have to celebrate Diwali in jail as the Supreme Court on Friday deferred the hearing on their bail pleas to Octocer 31.
In an increasingly global business world, where teams work across borders, understanding different work cultures is the key to success.
India's largest utility vehicle maker is also planning to take it own products to the Korean market next year, said Pawan Goenka, M&M president, automotive and farm equipment sector.
A key 2G case witness and ex-aide of A Raja on Monday told a Delhi court that the former telecom minister was in touch with Swan Telecom promoters, Shahid Usman Balwa and Vinod Goenka and Unitech MD Sanjay Chandra and had cleared their projects during his stint with ministry of environment and forests in 2004-07.
Among the cars unveiled at the Auto Expo on Wednesday was Mahindra and Mahindra's e-KUV for Rs 8.2 lakhs ex-showroom Delhi. With a single charge range of 150 km and a 55 min fast charging upto 80 pc, it was both a head-turner and a conversation-starter.
Has liberalisation squeezed the personality out of India Inc's leaders?
Gautam Doshi, Surendra Pipara and Hari Nair, senior executives of the Reliance ADA Group who were granted bail on Wednesday by the Supreme Court in the 2G spectrum scam case, will provide major relief to their high-profile boss Anil Ambani.
Rediff.com has in its possession a copy of the CBI chargesheet.
Mahindra & Mahindra is one of India's leading auto makers.
In contrast to their lavish lifestyle, all the five spent their night in a 90 square feet Tihar prison cell.
The five were not arrested during the probe into the case.
Olympic silver medallist PV Sindhu was the Sportswoman of the Year award in the individual sport category, a statement read.
Brokerage Edelweiss Securities said if the NDA returns to power with a clear majority in line with exit polls, markets would rejoice the policy continuity.
Rediff.com gives you a glimpse of the stars that lit up the night at the awards ceremony...
All the corporate accused had challenged the special CBI court's order declining their bail pleas and directing their arrest on April 20.
Mahindra plans to launch 8-10 products, including a premium sports utility vehicle, across various segments by March 2012
No tyres of any description have rolled out of its factories in Sahagunj (West Bengal) or Ambattur (Tamil Nadu) since 2011 and 2012, respectively.
While DB Realty sent out an official statement early evening, Unitech did that much later.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
Auto major Mahindra & Mahindra said it has decided not to acquire the over 95 per cent stake in the beleaguered PSU firm Scooters India at present, as it has "various things" to do.
Seeking stringent action against the perpetrators of the Pulwama attack, India Inc said 'now we have to make sure that the world knows that they can't mess with us'.
Ceat, the country's fourth biggest tyre producer, is charting expansion plans for the international market, with launches planned in various countries, including the US, the world's biggest tyre market.
The XUV300, Mahindra's second compact SUV, is so packed with segment-firsts that it is sure to send shockwaves among competitors.
Auto major Mahindra has ambitious plans for its electric cars project, that include ramping up its output to 60,000 units a year, high-end electric powertrains, and 380 to 650 volt battery systems.
During their twice-a-week meetings (interview in jail parlance) with family and visitors, these executives are also permitted to get home-cooked food. That's about all as far as luxury goes.
The All India Management Association (AIMA) announced that it would conduct a new test to assess the employability of students passing out of Indian business schools.
Mahindra & Mahindra Ltd, India's largest sports utility vehicle and tractor maker, is bullish on its latest acquisition of REVA Electric Car Company.
"We have hiked prices last week by 1.5 to 2 per cent on all our vehicles due to higher commodity costs," Mahindra and Mahindra President (Automotive and Farm Sectors) Pawan Goenka said.
Indian companies realise several business opportunities ahead of International Yoga Day on Sunday
M&M is in the final stages of acquiring troubled South Korean automaker Ssangyong Motor Company.
Mahindra & Mahindra on Wednesday said it will look at sharing vehicle platforms with that of South Korean company SsangYong Motor, the acquisition of which it expects to complete by December.
With his strong views on Bharatiya economics, his appointment to the RBI board may well presage interesting times, says Archis Mohan.
RPG Enterprises' vice-chairman is upbeat about retail firm Spencer's and talks of a pan-India growth plan for power company CESC.
