The Tata Group had acquired its UK steel operations as part of a 6.7 billion pounds acquisition from Anglo-Dutch steelmaker Corus in 2009.
Suresh Prabhu has announced a slew of measures to improve servcies in trains and railway stations
A fundraising boom in the domestic market and tightening of the regulatory framework for overseas issues are responsible for this trend.
A large team led by Kumar Mangalam Birla has taken charge of the integration process.
The domestic deal-making activities were hit by weak corporate governance and a huge liquidity crunch in 2019, while the global deals were also hard to come by due to various factors including uncertainties caused by the US-China trade war, which left many investors in a wait-and-watch mode.
Among all the geographies where Amazon is fighting regulators, India is the only place where its lines are also tangled in a major corporate battle, this one with India's largest company by market capitalisation over the acquisition of Mumbai-based Future Group's retail chain, the country's second largest. No other corporate entity in any country offers a challenge to Amazon's hegemony in a way Reliance Industries does - and the final hearing of an arbitration case filed at the Singapore International Arbitration Centre between the two may decide at least some of these issues. This legal battle between one of the world's most powerful corporations and one of India's most powerful conglomerates could be complicated by a host of other developments.
Vikram Bakshi, the estranged partner of fast-food chain McDonald's, will seek reinstatement as managing director of the 50:50 joint venture Connaught Plaza Restaurants, with a plea to the Company Law Board seeking the 'deadlock' in the August 6 board meeting be resolved.
Vikram Bakshi on Friday offered to sell his 50 per cent stake in Connaught Plaza Restaurants, the joint venture with McDonald's that operates fast-food restaurants in north and east India, for Rs 1,800 crore (Rs 18 billion).
Financial institutions at the risk of US sanctions as sharing of documents on SC directive amounts to violation of existing agreements.
While the scam highlights the need for an overhaul of the oversight mechanism of banks and of their internal controls, questions are being raised on why multiple audits failed to raise an alarm
Dealmakers and advisors feel investors are shifting their focus to Asia Pacific, especially India, owing to geopolitical instability driven by events such as Brexit and protectionist trade wars.
Sequoia Capital might emerge as leading global investor in start-up space in the country, as funds from other sources dry up.
Experts say the move will make matters worse for buyers, reports Karan Choudhury.
Experts have flagged issues regarding the levying of new cess/tax, especially those related to complications in administering the cess.
To save promoters from 10% levy, 70 firms call board meetings on interim pay.
The study draws attention to the contribution of the Indian industry
The Tata Group has close to 110 companies and Chandrasekaran plans to bring this number down to around five or six.
Under political fire and ecologists' ire, the group hires Suhel Seth, who will work closely with the promoters and the social media, corporate communications and external public relations team.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
Flipkart might consider Singapore, too, as listing norms aren't very strict.
Experts said the new framework has ensured that the focus has moved to creditor protection from debtor protection.
The central bank's tough new rules spell major changes in the competitive landscape for financial services audits.
GST will lead to consolidation of multiple indirect taxes
Bakshi rejects McDonald's proposal to buy his stake in JV for Rs 48-50 crore
Many consumer good companies say they will pass on the benefits to consumers, which will bring down prices.
Analysts say consumers would be the real winners.
Women from promoter families who have become directors since January this year include Sarala Birla (Century Textiles, Century Enka), Nawaz Gautam Singhania (Raymond Group), Bina Modi (Godfrey Phillips), Saroj Bhartia (Jindal Drilling & Industries) and Deepshikha Khaitan (Cera Sanitaryware).
Regulators and investigators around the world have access to sophisticated tools making it possible to detect white collar crimes. This is where Indian investigators and regulators have been found wanting, says Sudipto Dey.
Jaitley sets condition of 50% assets for applicability of capital gain tax.
'The government has just scratched the tip of the surface with the recent announcement. They are not realising the gravity of the situation.'
'If Walmart is a physical retailer, why is it striking a deal with Flipkart for the online space?'
Tax department sends notices saying they are liable to pay MAT.
Before buying property, please carefully study the agreement with the builder, advises Sanjay Kumar Singh.
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
While hybrids, CNG and biofuels found favour in 2018 among many carmakers including Maruti Suzuki, Mercedes-Benz, Toyota and Honda, others such as M&M and Tata Motors have shown full faith in electric vehicles.
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
Decoding four important provisions in the Finance Bill 2018.
An unprecedented 740 Indian companies from industries as diverse as casting to agro-chemicals to coffee bars to regulars such as software and banking were involved in mergers and acquisitions and private equity deals worth $26.7 billion.
