The company hires Accenture for financial re-engineering, including slashing of debt ratios; changes to be visible soon
FMCG major HUL has posted biggerprofit on improved demand.
'The AMs are a different beast and reflect the political play within the government.' 'Prime Minister Modi does not need to assuage any interest group to take the final call on any decision that belongs rightfully to the Cabinet,' points out Subhomoy Bhattacharjee.
The company will now focus on specialty products in Japan; it is open to inorganic opportunities, especially in India.
So far this year, there have been 76 private equity investments in India
Exposure to debt funds and gold is essential even if current returns from these asset classes are low, suggests Sanjay Kumar Singh.
Digitisation is changing the banking business. This shift has resulted in a change in banking job profiles.
C K Birla group company Hindustan Motors (HM) has drawn up plans for restructuring of the company which was suffering from poor cash flow due to lack of vehicle sales.
'The general perspective -- certainly on Capitol Hill and Congress -- the love for India, the positive feeling for India still focuses on India as a democracy.' 'The more that Indian democracy and its pluralistic features is called into question by Indians, the more that same debate will replay back here.'
The coronavirus pandemic has changed how businesses look at payments. Earlier, fintech companies said when they were talking to merchants, they were not interested in digitisation.
The company said Philip Clarke will continue as CEO until October 1 and will remain available to support the transition until the end of January 2015.
'What should worry India and which needs to be expressed is Russia's simultaneous proximity to both China and Pakistan from a strategic angle. That hasn't happened ever before,' says Lieutenant General Syed Ata Hasnain (retd).
Changes being driven by Etihad, says a source, after a V-P quits
'The military aim in a future conflict, if it can't be avoided, should be to cause maximum damage to the adversary's war waging capability and capture limited amount of territory as a bargaining counter,' says Brigadier Gurmeet Kanwal (retd).
Indians at large harbour a notion that their country is cherrypicking out of the American basket of goodies, but the policymakers in Delhi and the political leadership are well aware that it can only be a pipe dream since a military alliance with a superpower is a profound irrevocable commitment, observes Ambassador M K Bhadrakumar.
M&M will close down GenZe, an e-scooter business in California, because it is unlikely it would stand on its own feet, and is ahead of its time.
Additionally, promoter Naresh Goyal and Etihad Airways, which owns a 24 per cent stake in the airline, will infuse around Rs 2,000 crore into the airline, sources aware of the development said.
'Where is the board's accountability in this whole transaction? The members of the earlier board who participated in approving and defending these acquisition are still in the current board,' the whistleblower said in a mail sent to US SEC and Sebi.
New Creta, petrol Vitarra Brezza.. A quick look at what went down at Auto Expo Day 2.
The hit to economic activity will be mostly confined to the first quarter. And a third wave, if it materialises, is unlikely to be hugely disruptive for the economy, predicts T T Ram Mohan.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
In the past six months, Nissan sold around 200 Evalias only
'Jaguar Land Rover will manage the long-term impact and implications of this decision.'
In India, the company serves customers such as stock exchanges, brokers, non-banking financial companies, financial services and insurance, IT and IT-enabled services.
The fast-growing, high-margin branded spices business is turning out to be an interesting growth opportunity, which to an extent was reflected in the Sunrise-ITC deal, with multiple parties from PE to strategic players joining the fray.
Mistry's intention of selling ailing steel maker Corus, Tata's so-called feather in the cap, was one reason for his ouster
'In India, the impact will be less than 1% of employee headcount.'
Currently, Panasonic India comes under the company's Singapore-based establishment. Other global regions of the Japan-based firm are based out of Japan, North America, Asia, Europe and Latin America.
The 74-year-old real estate mogul-turned politician, who radically changed politics in the corridors of power in Washington, DC over the past four tumultuous years, was impeached for a second time on the charges of 'incitement of insurrection' for the violent storming of the United States Capitol by his supporters just days before the end of his four-year term.
Carnival group buys project in Chandigarh from L&T for Rs 1,785 cr.
Reliance announced a rights issue of Rs 53,125 crore, which it said was the biggest in India.
After multiple attempts at selling itself, including to larger e-commerce player Snapdeal, ShopClues has found a buyer in Singapore-based e-commerce platform Qoo10 in an all-stock deal.
The company agrees to discussions for long-product division with Swiss group Klesch.
While FIIs have pumped in nearly Rs 17,000 crore, MFs have been net buyers to the tune of Rs 9,000 crore.
The political-electoral calculus favours spending thousands of crores on vanity projects like Sardar Patel's statue and the Central Vista over building up our military to handle the confrontations and conflicts that loom large, points out Ajai Shukla.
India is fast re-emerging as a good business destination among foreign investors.
There are a couple of proposals, however, whose goals are not easily achievable.
Diverse marquee investors are becoming long-term shareholders of Jio Platforms because of a unique set of technologies and platforms under one entity.
Infosys boss says new strategy moving in right direction, optimistic of regaining bellwether status.
