Tata Sons, holding company for the Tata group, is working on building a centralised rural business platform that could be leveraged for the entire group's benefit, instead of each company looking at it separately.
Ranbaxy Ghuangzhou China is a joint venture formed in 1993 between the Ranbaxy group, Guangzhou Baiyunshan Pharmaceutical Company Ltd, China and Hong Kong New Chemic.
Kumar Mangalam Birla will be the non-executive chairman and Balesh Sharma the new CEO of the merged entity, which will remain listed.
Future conflict will involve bypassing of frontiers to strike at critical vulnerabilities directly and in the hinterland at the appropriate time, explains Lieutenant General Anil Chait (retd), who served as chief of the Integrated Defence Staff and Central Army Commander.
The group has earmarked over Rs 4,000 crore (Rs 40 billion) to acquire coal mines in foreign countries.
'The way he has been interacting with everybody, be it the masseur or the assistant manager or the driver of the bus, or the new players who have not been part of the IPL before, he is making an effort to reach out to them and give them confidence.' 'That speaks a lot about the man that he is.'
The group has already announced plan to invest $50 billion in power, realty, auto, healthcare and oil and gas projects in India, whose appetite for infrastructure funds is pegged at about $500 billion over the next four-five years.
'It is just an excuse to say that the Centre has run out of money.' 'Pruning these schemes would mean hard time for the people of India.'
US-based news and blogging platform Huffington Post on Monday launched its Indian edition in association with Times of India Group.
While Vodafone will hold 45.1% of the shares in the new entity, to be renamed at a later stage, Kumar Mangalam Birla and other promoters of Idea group will hold 26%. Vodafone India will also transfer 4.9% of its shareholding to Idea's promoters for a cash consideration of Rs 38.74 lakh crores.
The airline has been defaulting on salaries for some time, making partial payments in some cases or not paying at all, as it continues to lose money mainly in domestic routes where it can't raise fares facing competition from low-cost airlines.
Aditya Birla group's Idea Cellular has signed a deal to acquire 40.8 per cent stake in Spice Communications for Rs 2,716 crore (Rs 27.16 billion).
UTC India is playing up the umbrella brand of Carrier and OTIS to push integrated services.
The Tata Sons' chief said that world's reliance on China for sourcing goods will reduce, and India will definitely have an opportunity to participate.
Gen Rawat is due for retirement on December 31 and top government sources said, if everything goes according to plan, then the government would name him as the country's first CDS before he hangs up his boots.
So far the coronavirus, which originated in the Chinese city of Wuhan, has infected more than 54 million people around the world and killed over 1.3 million others.
Earlier this year, Kingfisher Airlines had acquired 26 per cent stake in low-cost carrier Deccan Aviation for Rs 550 crore (Rs 5.5 billion). The company also made an open offer for another 20 per cent stake in Deccan Aviation. The open offer was oversubscribed. It received bids for 35 million equity shares against the issue size of 27 million shares.
Mahindra group and Ford Motor Co will jointly develop new SUVs and a small electric vehicle as part of several initiatives to take forward their collaboration pact signed last year.
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).
Jet to raise $400m and add 20 new aircraft for expansion.
The latest deal would give Facebook deeper access to India, the second largest internet market after China.
The Vedanta group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying the government's stake in Bharat Petroleum Corp Ltd (BPCL).
Sources in the know said the government would initiate talks with businesses, including Tatas, shortly for divesting its stake in the national carrier.
Extending its support to Saarc Bank, Sri Lanka on Thursday said the proposed financial institution will help in alleviating poverty in the South Asian region.
The defence minister clearly asserted that there will be no budgetary constraints to enhance the capability of the Army and meeting its other requirements.
The air defence command is to be rolled out by the beginning of next year and the Peninsula command by the end of 2021, Gen Rawat told a select group of journalists. The Indian Air Force will helm the air defence command and all-long range missiles as well as air defence assets will come under it, he said.
Thursday was a landmark day for Chennaiyin FC. The Hero Indian Super League franchise launched their home jersey and also announced prominent real estate developers Ozone Group as their principal sponsor.
Corporate giant Tatas announced on Wednesday that it would explore investment opportunities in Pakistan in areas like automobiles, hotels and software, saying a synergy between the neighbouring countries would be beneficial for the region.\n\n
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
While four of the directors would be nominated by Tata Sons, the other two would be representatives of Singapore Airlines.
Almost 5 years after it aborted a planned foray into the Indian market with sister concern Skoda, German luxury car maker Audi AG is again preparing to drive into Asia's fourth-biggest car market with the Rs 35 lakh two-door TT Coupe.
State-run telecom firm Bharat Sanchar Nigam Ltd on Tuesday said it has started negotiations with Tatas-owned Videsh Sanchar Nigam Ltd to work out a framework for deriving synergies on its proposed international long distance services.
If the deal goes through this will be second deal for Ebix in seven months, having bought Centrum group's forex and travel business Centrum Direct for a reported Rs 1,2000 crore valuation last August.
Wipro's clients currently include over 100 US payers, healthcare providers, and public health agencies.
Prime Minister Narendra Modi on Saturday visited a Tata Motors-owned Jaguar Land Rover factory in the West Midlands region of England that is known as the flagship Indian investment in the UK.
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