Not just mid- and small-sized firms, even big ones will either sell group companies or stakes in their listed entities to tide over crisis; more sell-offs seen in coming months.
CPPIB is looking to partner with RMZ because the latter is aggressive on both new developments and acquisitions.
Realty major DLF's chairman Rajiv Singh remains the wealthiest Indian real estate entrepreneur with a wealth of Rs 59,030 crore, according to GROHE-HURUN India. With a wealth of Rs 42,270 crore, Mangal Prabhat Lodha and his family of Mumbai-based Macrotech Developers (Lodha Group) is at the second position. Arjun Menda & family of Bengaluru-based RMZ Corp debuted at the third position on the list, with a wealth of Rs 37,000 crore.
The decision by the Reserve Bank of India to introduce a unified regulatory framework on connected lending for all the regulated entities (RE) is expected to reduce the influence of business conglomerates in the Indian lending space, said bankers and experts. "Connected lending pertains to lending to related parties within the same business group. "While the RBI might appear more agreeable to allowing business conglomerates to own banking licenses, it deems it crucial to bolster regulations that would prevent conglomerate-owned banks from gaming the system," said Shivaji Thapliyal, head of research and lead analyst, YES Securities.
The Lodha Group has bought land parcels worth Rs 12,000 crore in Mumbai
The wedding, which is billed as the India Inc's most expensive yet, was held at Antilla.
'One of the ways to do that is to ensure that NBFCs have got liquidity.' 'If we don't do that, this mood of gloom will continue.' NBFCs need to be provided with liquidity if they have to start lending.
'Have a candid discussion with your management and raise your concerns,' suggests HR Guru Mayank Rautela.
Business leaders, among others, ask govt to let go of fiscal target, seek stimulus, and direct cash transfer.
Wishlist for new PM includes growth boosters, reining in inflation, faster project clearance and reversal of Land Acquisition Act
A lot depends on how Srei shapes up under the new administrator and his team, which is critical for investors' interest.
HR Guru Mayank Rautela offers practical advice.
Office politics exists in many organisations, so don't let that bother you, advises HR Guru Mayank Rautela.
Indian loses chance to be research hub as domestic drug companies move R&D overseas.
Billionaire Gautam Adani's group has created a new company for its foray into healthcare services through the acquisition of large hospitals, diagnostic chains, and offline and digital pharmacies. Adani Enterprises Ltd - the group's business incubator firm - in a regulatory filing said a wholly-owned subsidiary, Adani Health Ventures Ltd (AHVL) was incorporated on May 17, 2022. AVHL will "carry on the business of healthcare-related activities including, inter alia, setting up, running, administrating medical and diagnostic facilities, health aids, health tech-based facilities, research centers and to do all other allied and incidental activities in this regard," it said.
HR Guru Mayank Rautela offers practical advice.
HR Guru Mayank Rautela offers practical advice.
Tata Sons shareholders have approved a resolution to have separate chairpersons for the company and its largest shareholder -- Tata Trusts. An amendment to the articles of association (AoA) of Tata Sons, which sought to prevent a single person heading Tata Sons as well as Tata Trusts simultaneously, was passed at the company's annual general meeting (AGM) held on Tuesday. With the special resolution being passed with requisite majority of 75 per cent at the AGM, it will now be legally binding for Tata Sons and Tata Trusts to have separate chairpersons.
She's living her best days as the newest Ambani bride-to-be.
HR Guru Mayank Rautela tells you what you can do when you face such a situation.
Bigger companies are signing equity JVs with global investors.
Modi's demonetisation move has hit the real estate market in Delhi and Mumbai
The Companies Bill asked for promoting gender diversity by specifying induction of a minimum number of women directors
If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.
HR Guru Mayank Rautela offers practical advice.
In 2010, Abbott acquired both the pharmaceutical business of Solvay, which had a presence in India, and Piramal Healthcare Solutions, which was part of Piramal Group.
Registration of housing properties in the Mumbai municipal region increased 35 per cent year-on-year to 7,556 units during this month on rising demand, according to Knight Frank. The registrations for September 2021 were 87 per cent higher compared to the pre-pandemic period of September 2019. "Mumbai BMC region (Churchgate to Dahisar and Colaba to Mulund) recorded its best September month performance. Recording 35 per cent YoY growth in property registrations in September 2021, 7,556 units is a 10-year best performance in the month of September," Knight Frank said in a statement.
The logistics segment is becoming a hot favourite of private equity, of late.
HR Guru Mayank Rautela offers practical advice.
One smells a rat when cases are settled for too small a price offered either by the highest bidder or the promoter -- within and outside the legal ambit of insolvency process, observes Tamal Bandyopadhyay.
HR Guru Mayank Rautela offers practical advice.
HR Guru Mayank Rautela offers practical advice.
...followed by financial services, IT, and sales and marketing.
HR Guru Mayank Rautela offers practical advice.
HR Guru Mayank Rautela offers practical advice.
HR Guru Mayank Rautela offers practical advice.
HR Guru Mayank Rautela offers practical advice.
Vrde currently manages about $14 billion globally, and has invested nearly $500 million in India in the past five years
Mayank Rautela distils his 20-odd years of experience in human resources management to tell you how you can ace in your career.
HR Guru Mayank Rautela offers practical advice.