Through the IPO, Burger King has raised Rs 450 crore, which will be used to rollout new outlets and retire debt.
Sebi said Thapar-promoted and -related entities owed Rs 1,723.19 crore as receivables to the company, while connected parties owed another Rs 462.74 crore.
Prime Minister Narendra Modi on Saturday interacted with world leaders, including US President Joe Biden, on the sidelines of the G20 Summit, exchanging pleasantries and showcasing a spirit of camaraderie.
Hasty, ill-conceived steps show how isolated Mamata Banerjee had been from the national political trend. A fascinating excerpt from Sugato Hazra's Losing The Plot: Political Isolation Of West Bengal.
Chocolate majors in India posted healthy top-line growth in FY19. While Mondelez India Foods - the marketer of Cadbury - continued to lead the pack, Nestle India, which dominates the confectionery space with leading brands like Kitkat and Munch, continues to hold the third spot in revenue. However, two of these companies - Mars International India and Hershey India - still remain in the red.
In its latest report for the office market, property consultant Cushman and Wakefield said the total seats leased by enterprises could cross 50,000 during the 2021 calendar year. Enterprises had leased 18,213 seats in the first six months of the 2020 calendar year and 36,255 desks during the entire last year.
HR guru Mayank Rautela provides a three-point plan.
The department for promotion of industry and internal trade has asked the telecom department and State-owned BSNL to put on hold the tender for setting up 4G network, valued at Rs 9,000 crore, after allegations emerged that the tender favoured foreign companies. The tender was floated by BSNL in March under the new management for setting up the 4G network.
Several dozen protesters in masks gathered in front of Japan's National Stadium on Friday, the day the Olympic Games should have begun, to protest against holding them next year given the danger of the novel coronavirus. The Games were postponed in March as the coronavirus swept the world and the government is determined that they go ahead next year. But there's growing opposition in Japan to holding the Games, even next year, over doubts that a big sporting event can be held safely.
For now Walmart has said it remains optimistic about India. But that could change without prior notice, says Nivedita Mookerji.
An official close to the organising committee, who is involved in drafting the scenarios, said they have been asked to make a simulation in case of a postponement.
Telecom regulator Trai on Monday recommended about 39 per cent reduction in the reserve or floor price for the sale of spectrum for mobile services, including the latest 5G offering, as it looked to match revenue expectations with the industry's paying capacity. With large swathes of spectrum remaining unsold in the last two auctions, the Telecom Regulatory Authority of India (Trai) recommended to the government for selling airwaves in all existing bands of 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz and new slots of 600 MHz, 3300-3670 MHz and 24.25-28.5 GHz. It has suggested a lower reserve price for all bands, compared to the prices proposed in the previous recommendations in 2018.
The ICA is not affiliated to Federation of International Cricketers' Association (FICA) and is only open to former men and women cricketers, unlike the players' associations in most countries.
Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
Chennai Super Kings skipper Mahendra Singh Dhoni made it amply clear that he will wear his favourite yellow jersey for at least one more season and the 'Whistle Podu' army will certainly see him playing his "farewell game" at their beloved Chepauk.
Valuers have found almost no assets to pay for their claims against the Videocon group that entered the insolvency process in 2018. But the dissenters suggest that the money is elsewhere, possibly in the group's oil and gas assets, which are not part of the group's bankruptcy case.
Within a year of Gopal Vittal becoming the joint MD and CEO of Bharti Airtel's India operations, the company has elevated him as the MD and CEO for Bharti Airtel's operations in India and South Asia.
Saudi Aramco chairman and head of the Kingdom's cash-rich wealth fund PIF Yasir Othman Al-Rumayyan will join the board of Reliance Industries Ltd as an independent director in a precursor to a $15 billion deal. Reliance chairman and Asia's richest man Mukesh Ambani, who had two years back disclosed the talks to sell a 20 per cent stake in the company's oil-to-chemical unit to Saudi Aramco, announced the appointment of Al-Rumayyan at the company's annual meeting of shareholders. Harvard educated Al-Rumayyan, 51, will replace Yogendra P Trivedi, 92, who has expressed a desire to retire, Ambani said. On the sale of a 20 per cent stake in the O2C business, he said the deal is likely to conclude this year.
WhatsApp remains committed to the protection of all user messages through the product we provide, the company said
Courts in five countries including the US and the UK have given recognition to an arbitration award that asked India to return $1.4 billion to Cairn Energy plc - a step that now opens the possibility of the British firm seizing Indian assets in those countries if New Delhi does not pay, sources said. Cairn Energy had moved courts in nine countries to enforce its $1.4 billion arbitral award against India, which the company won after a dispute with the country's revenue authority over a retroactively applied capital gains tax. Of these, the December 21 award from a three-member tribunal at the Permanent Court of Arbitration in the Netherlands has been recognised and confirmed by courts in the US, the UK, Netherlands, Canada and France, three people with knowledge of the matter said.
It will never be possible to recreate an exact account of this epic battle to remember and honour other brave jawans, but one thing that the nation will always do is to bow down their heads in respect and reverence at the war memorial at Chushul called 'The Rezang La War Memorial -- Ahir Dham'.
The company plans to collaborate with stopover management consolidators, who will participate in the bids to develop food courts and rest areas along the highways. Such stopovers will house multiple restaurant brands, reports Avishek Rakshit.
Six players -- Dubov, Nakamura, Aronian, Carlsen, Radjabov and So -- share the lead with 4.5 points after eight rounds.
Macron held a tete-a-tete with Modi before the delegation-level talks at the Elysee Palace - the official residence of the French president.
Infosys COO says, the firm is trying its best retain talent.
The Corporate Survey showed 37 per cent of firms were in favour of cancellation, while 32 per cent want a postponement.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
Exposure to debt funds and gold is essential even if current returns from these asset classes are low, suggests Sanjay Kumar Singh.
The submission was made by the UN Special Rapporteurs on the promotion and protection of the right to freedom of opinion and expression Irene Khan; on the rights to freedom of peaceful assembly and of association Clement Nyaletsossi Voule; and the right to privacy, Joseph Cannataci.
What we have in the Congress is a useful glue to hold a non-cultural, unified Opposition together. That is the sacrifice the Congress must be willing to live with if showing the BJP the door is what the collective Opposition wants, observes Shyam G Menon.
The British telecom major has disputed the tax demand over its acquisition of 67 per cent stake in Hutchison, now called Vodafone India, arguing that no tax was due as the transaction was conducted offshore.
Making a strong case for approval of their proposed airline JV, Tatas and Singapore Airlines have said that the venture would create significant job opportunities in India and would boost the country's image as an international investment destination.
Mistry is presently also the chairman of loss-making Forbes & Company Ltd listed on the Bombay Stock Exchange.
IOC ethics committee looks into Rio payment claims
The $2.25-billion Godrej Group is considering leasing its flagship name to group companies for a royalty fee, a model similar to the one adopted by Tata Group, India's largest conglomerate.
