The 58-year-old go-to man at the consumer goods maker will helm Global Beverages & Foods that will launch confectioneries, juices and snacks in six-nine months.
Sahara chief Subrata Roy may not come out clean in the biggest ever investment fraud that he allegedly did few years ago.
The company is close to buying 1-million square foot office space for Rs 700 crore in Bengaluru.
Media reports said the decision was mutual.
UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group's Reliance Communications and Reliance Telecom, which are in the National Company Law Tribunal (NCLT). Last year it was the highest bidder for taking over Aircel's assets for an upfront payment of Rs 150 crore. Surajeet Das Gupta and Dev Chatterjee dig deeper to find out more about this little known company.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
Take a moment to consider ways to improve your finances.
In the Sensex kitty on Wednesday, Tata Motors emerged as the top loser falling 3.01 per cent, followed by Vedanta shedding 2.92 per cent. Other laggards include HUL, Kotak Bank, NTPC, Infosys, HDFC Bank, Bajaj Finance, Hero MotoCorp, ICICI Bank, Yes Bank, HDFC, IndusInd Bank and PowerGrid, falling up to 1.77 per cent.
DRs have shares as an underlying asset and are typically issued by a bank, known as the depository bank, on behalf of a company.
Concerned by GDP slowdown and unrealistic tax targets, the economists urged Finance Minister Nirmala Sitharaman to implement long-term structural steps like land and labour reforms. Warning against any off-Budget financing the economists said the government should prepare a statement of intent for its social, rural and welfare sector expenditure.
In a letter to the Business School community on Wednesday, Nohria said he will step down from the position of dean of the Harvard Business School (HBS) on June 30, 2020, after a decade in the role.
JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward
The GST will alter the very face of fiscal federalism in India.
In just three years the online real estate portal has managed to raise about Rs 270 crore.
Its registration is unusual because the firm appears twice in the RoC database, but different identification numbers.
The central probe agency has also issued a notice asking general public 'to furnish information and particulars of properties, both movable and immovable as well as bank accounts, in the state of West Bengal and other places, if any, related to Saradha group known to them, with specific details' to it.
If Manmohan Singh was hobbled by allegations of sleaze and a stagnant economy, Modi faces the twin challenges of high unemployment and an uncertain and potentially volatile situation in Kashmir, points out Amulya Ganguli.
India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).
How China's all powerful Communist party bungled the response to the coronavirus crisis.
UBS India, the domestic franchise of Swiss banking major UBS Group which last month surrendered its banking licence, has started laying off around 50 people, who are affected by the decision.
'The government has stopped our earnings due to the lockdown and must do something for our earnings to restart.'
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The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
A fall presents an opportunity to buy rate-sensitive stocks.
Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.
The progress of the GST Bill in Parliament is also likely to remain in focus
Such listings will help internationalise our currency, give us economic heft, compel best in class regulations and further develop the professional-services ecosystem., says Amit Tandon.
The focus is on tapping all resources, even foreign agencies.
The move is likely to hit Bharti-Walmart, the 50:50 joint venture between the US' Walmart and Sunil Mittal-led Bharti Group that operates cash-and-carry outlets in India, the most.
If the PM wishes to be re-elected in 2019, there are a few things he needs to learn from his predecessor
The calculation excludes cross-holding of listed group cos in each other.
12 out of 21 public sector banks reported declines in their loan books in the last financial year against seven such banks in 2015-16 and none in 2013-14.
Al-Qaeda splinter group the Islamic State in Iraq and Syria, which has carved out a large fiefdom along the Iraqi-Syrian border, poses a "legitimate threat" to the capital city of Baghdad, a top Pentagon official has said.
RBI's fifth bi-monthly monetary policy meet due tomorrow also kept the investors on their toes.
India on track to be third largest consumer economy by 2025.
The new law would boost home buyer confidence as well as investment in the realty sector.
Phonemaker Apple is said to be in talks to take 30,000 sq ft retail space at plush property Maker Maxity, in Bandra Kurla Complex
Shift to new business model to help companies cut capital cost, increase margins.
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