Snapdeal had appointed merchant bankers for listing on an American stock exchange
'I'm a little fuzzy on the details, but I know that everyone is behaving as if they've just discovered that their favourite grandfather is a peeping tom,' says Mitali Saran.
Old ideas contained in the heads of old economists still dominate. That's not good, asserts T C A Srinivasa Raghavan.
As per market estimates, the new round would value the city-based firm at about $ 4-5 billion.
IndiGo, Jet, SpiceJet and GoAir demand level playing field in aviation policy, say government can't favour only two new airlines.
Cab-hailing service Ola is on the fast track on the back of a $500 million funding.
These workers have been asked to undergo a 30-day performance improvement plan.
One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.
In a grand ceremony with overtones of a United States presidential inauguration, heads of state and government, India Inc honchos, opposition leaders, Bharatiya Janata Party members and showbiz stars rubbed shoulders as they watched President Ram Nath Kovind administer the oath of office to India's 58 new ministers.
Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.
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New York Stock Exchange President 38-year-old Tom Farley (ranked 7) and Twitter co-founder and CEO 37-year-old Jack Dorsey.
Traders' body CAIT on Wednesday wrote to Reliance Industries chief Mukesh Ambani and 50 other captains of India Inc, including Ratan Tata, Azim Premji, Gautam Adani, Ajay Piramal, Anand Mahindra and Sunil Bharti Mittal seeking their support in its campaign to boycott Chinese goods. The Confederation of All India Traders (CAIT) also urged Kumar Mangalam Birla, Vikram Kirloskar, Rahul Bajaj, Shiv Nadar, Pallonji Mistry, Uday Kotak, Nusli Wadia, Shashi Ruia, Madhukar Parekh, Harsh Mariwala, Satish Reddy and Pankaj Patel, among other prominent industrialists, to join its 'Bhartiya Samaan-Humaara Abhimaan' campaign.
It epitomises a significant opportunity lost, just when the state was beginning to shed three decades of leftist inhibitions in favour of economic reform.
India Inc has too much on its plate to ensure double digit growth in FY16.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
British Prime Minister Theresa May will be in India tomorrow, but Cyrus Mistry will no longer head the Indo-UK CEO forum.
Urban planners and real estate experts say bad town planning in Mumbai and rising deaths during the ongoing pandemic are a "sad reality". Dev Chatterjee and Raghavendra Kamath report.
A consummate deal-maker, the former Aircel boss raked in the moolah in many, but lost a packet in several others.
Nano remains a cautionary tale of misplaced ambitions and a drag on profit.
Age and experience not less relevant but firms are gradually moving towards younger leadership teams
In peace and at war, firms remain tethered to promoter families in a uniquely Indian way.
Secretary of State for Foreign Affairs William Hague and Chancellor of the Exchequer George Osbourne, heading the largest business and ministerial delegation ever, arrived in Mumbai, their first port of call, during a two-day visit to the country.
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
Dr Raghuram Rajan's departure holds lessons for all, be it sections of the media, politicians or the people themselves. We need to learn how to value and retain talent. At the same time the talented must realise that talent alone does not ensure the top job, says Sanjeev Nayyar.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In about a year, top e-commerce companies are expected to raise as much funds as the three sector leaders raised in about five years.
It seems that the Maharashtra unit of the Bharatiya Janata Party is leaving no stone unturned to make grand the October 31 oath-taking ceremony of its first chief minister, Devendra Fadnavis, at the Wankhede stadium in South Mumbai.
The man who led this journey is 50-year-old Kalanithi Maran, chairman and managing director of the Sun Group.
The sudden resignation and almost-immediate announcement of a successor came as a surprise to many.
Minister of State for Civil Aviation Jayant Sinha emphasised that the brand name has both sentimental and economical value.
The Aam Aadmi Party (AAP) has to deal with 3 powerful enemies: the media, the political establishment, and business houses.
'While Modi is undoubtedly the star of the show, the online sphere has found in Modi the champion to re-engineer what it means to support the right.'
'Today, according to the law, you can't even claim legal expenses when fighting a case as a non-executive director unless you are acquitted. Given how high legal expenses are, that alone is enough to scare anyone away.'
'It was unfair to expect him to continue to keep on supplying vaccines without being given a firm commitment or a financial grant of any sort.'
'For how long can investors fund loss-making companies?'
He launched the "cleanliness is service" exercise to push for greater public participation in one of his government's centrepiece programmes launched on October 2, 2015.
Pujaris from the Sringeri Math Karnataka did the rituals for the 'bhoomi pujan' at the new Parliament building site.
The one common theme across companies that have rewarded shareholders is consumption.
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