These include B K Modi's Spice, Larsen & Toubro and Tech Mahindra. iGate, which had participated in the first round of bidding, backed out from completing the second round. Global majors like IBM are understood to have entered the second round, but this could not be independently confirmed. Other names floating include that of Hewlett-Packard and KKR Private Equity Investors.
The Aditya Birla group's decision to merge two companies, each with an existing clutch of diverse businesses, flies in the face of the accumulated wisdom regarding conglomerates, says T N Ninan.
Now, it is life as usual in the merged entity, said an associate.
The Job fair attracted many large companies such as W W Grainger, Allstate, PepsiCo, Tech Mahindra, L&T Infotech and L&T Technologies, who were the corporate sponsors.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Tatas, Adani, Bharti, HDFC and Sun Groups have clocked huge gains.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
But private Indian defence firms prefer to do business with the West. Indian CEOs say they encounter difficulties in obtaining full and timely payment from Russian partners.
The payments banks are intended to house transactional accounts for individuals, focusing on payments and remittances.
The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31
While some bankers said that responses to the Sebi are being delayed deliberately in some of the cases in view of the turbulent market conditions prevailing on the bourses, those associated with some of these deals said these are 'routine' clarifications and would be responded in the due course. According to the latest processing status as on March 14 of draft offer documents filed with Sebi, clarifications are currently awaited from lead managers in relation to 20 IPOs.
Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.
57-year-old Kotak is ranked 33rd in the Forbes list of 'Money Masters: The Most Powerful People In The Financial World'
Investors accumulated quality stocks at valuable and attractive levels.
4 MNCs among top 10 companies with dividend-earning promoters in FY15.
ADAG, Mahindra BT, L&T Infotech may team up with PEs.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Tata Steel (then Tata Iron and Steel), the most valuable index company in 1991, is now the least valuable.
Odafe Onyeka Okolie banged in four goals as Churchill Brothers trounced a hapless Hindustan Aeronautics Limited, Bangalore 7-0 at Yuba Bharati Krirangan (YBK) at Salt Lake on Wednesday to set up a Goan derby against Dempo SC in the semifinals of the 30th Federation Cup.
Only 36 per cent in Japan and 44 per cent in Germany were willing to use such vehicles.
Automobile makers in India are embracing taxi-hailing apps such as Uber and Ola, hoping to ride on their expansion to sell more cars, a contrarian view to companies in Western markets that fear a drop in car sales due to them
The West and South zone teams were beaten by Western Railway and Pamposh Orissa respectively in the Tommy Emar Gold Cup women's hockey tournament.
Companies have also managed to find talent created by frequent exits.
If the drop in sales over the past two years is anything to go by, India's dream of putting seven million electric vehicles on road by the end of this decade has come a cropper.
The company aims to be part of all smart city programmes in the country directly or indirectly and has come up with a host of India-specific products. Karan Choudhury reports.
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The nomination of cluster heads for defence, infrastructure and finance business is awaited.
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
Bank shares were the top losers along with index heavyweight RIL
Admiral Puri says it would be wasteful to buy a foreign helicopter, pay for transfer of technology, and develop manufacturing capability in an Indian private sector strategic partner when all this already exists with HAL.
The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.
Players such as Kidaara, True North, and Multiples Alternate Asset Management move outside the confines of just being a family-style financial office and become a true PE heavyweight.
The total wealth of the ultra HNIs, or those with a networth of over Rs 25 cr, grew by five per cent to Rs 1.35 lakh cr.
'I am a gadha (donkey)! But God has been on my side and I have managed to produce players,' Dronacharya Awardee Merzban Patel tells Laxmi Negi/Rediff.com.
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
Experts argue that the top two players in each category will receive funding sooner or later, but for laggards, the market is still challenging
TCS is setting up a large BPO operation in Varanasi next year, some staff could be absorbed there
This, despite squeeze in start-up funding; $946 mn Bharti Infratel deal is biggest so far this year
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
There is a near consensus that at least a 25 basis points cut, if not 50, can be expected in the June policy.
Nimesh Kampani, chairman of the JM Financial group, talks to Business Standard on what led to the parting of ways with decade-old foreign partner Morgan Stanley.
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