Most Asian markets were trading weak on Monday.
On January 31, the US Federal Trade Commission cleared the merger.
'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.
India already allows 100 per cent ownership of greenfield pharma businesses.
Nestl India is preparing a blueprint for a possible relaunch.
As Nasdaq-listed company indicates poor spending in financial services space, Indian firms feel jittery
India must formulate a new growth path to become a top Asian economy.
For the first time in the history of Budget-making in India, a single Budget will touch 65 crore Indians, says Shailesh Haribhakti.
'The August phenomenon of decline in sales occurs every year.' 'What they have done cleverly is, using the economic slowdown as an excuse, they want a package from the government to compensate the expenditure they will incur while converting BS4 to BS6.' 'That's why they are making a hue and cry.'
India had been engaged in a contentious battle with the US over the issue, especially in the pharmaceutical sector.
The government will not bring down its ownership in public banks.
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
The move, amid a rise in slippages from restructured assets, is aimed at resolving stress in the banking system.
Currently, industries with up to 100 workers were allowed to do this.
In his new role, chief Chinnakannan Sivasankaran's son Saravana is likely to manage 60% of the group's revenues
While its deposits from Iran accounts have come down from a peak of around Rs 25,000 crore to Rs 2,200 crore, it's been offset by the bank receiving almost Rs 24,000 crore in deposits post note ban.
This weakness is likely to continue in the near-term.
For investment bankers, a Brexit vote is more than just about volatile prices on a screen but also about where they may end up working and living.
Cheap equipment imports, especially from China, is a major reason for falling tariffs in solar tenders
The Competition Commission of India (CCI) on Monday slapped a penalty of Rs 2,545 crore on 14 top carmakers of the country for violating trade norms in the spare-part andafter-sale service market.
Gurucharan Singh's Dhawan Creative apparently clocked trades 10 times its capital in a few months.
A clear message was that the ongoing seven-decade-old model of agriculture, based on extensive reliance on subsidy by the government at every stage, was not going to work, said NITI Aayog vice-chairman Rajiv Kumar.
The Finance Ministry is of the opinion that Vodafone might drag its tax dispute to court.
On October 16, Nestl received the go-ahead to resume manufacturing Maggi.
'Many who have experimented with online education will adopt a blended model once things return to normal,' edX CEO and founder Anant Agrawal tells Anjuli Bhargava.
Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
Yahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to hand over to shareholders its prized e-commerce investment valued at roughly $40 billion.
Medicines, including antibiotics, contraceptives and anti-diabetic drugs, were found to be out of stock at various places around Delhi.
'Rather than cutting and pasting from advanced economies, we should use basic economic principles to think about what is right for India at the stage of development at which we are,' says Chief Economic Advisor Krishnamurthy Subramanian.
India has reached a significant milestone on Friday (November 28) by achieving Rs 100 lakh crore or 100 trillion market cap.
This is the time when the US would need the conceptual strategic thinking of a Henry Kissinger, able to ally diplomatic skills with a well-conceived worldview of what the emergence of a new balance of forces will mean for a US whose ability to shape global events has definitely declined but still exists, says Claude Smadja.
Kamal Haasan has filed a complaint with the Competition Commission of India (CCI) against the Tamil Nadu Theatre Owners Association wifor restricting the release of his film Vishwaroopam in theatres last year.
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
After the government backtracked on its plan to impose Customs duty on pricier components, Samsung has decided to begin production of key mobile parts in Noida from April.
'The hour is very late, and the choice between triumph and tragedy knocks at our door,' says Ajay Shah.
Murkumbi will continue to retain his post till the stipulated notice period of 90 days or completion of open offer by Wilmar, whichever is later.
Out of nearly 30 public sector undertakings and assets under 'strategic sale' plan, only the ONGC-HPCL plan has been completed
Sales of refrigerators were higher this year versus last year.
