A large team led by Kumar Mangalam Birla has taken charge of the integration process.
So far, among the IBC cases, SBI has been able to recover Rs 8,500 crore from Tata Steel's acquisition of Bhushan Steel. Another Rs 1,500 crore is in an escrow account on account of Electrosteel Steels.
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
In a major milestone, India successfully tests new advanced towed artillery gun system.
'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).
Defence ministry incompetence hobbles development of battle-taxis for the Indian Army.
In September, Sebi had given a six-month extension to companies.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
Pravin Rao says firms with revenue of $600-700 millon will be preferred.
The biggest challenge is not the airline's debt, but downsizing its 16,800 employees, says Surajeet Dasgupta.
'IndiGo 2018 is a harsh, ultra-lean, mean, zero asset, fighting machine with aspirations of taking on the global long-haul low-cost market.'
A glance back at some of the important ups and down Indian Inc faced in 2018.
Air India must tighten costs to comes out of the red or it wil perish in no time, says experts.
The Sensex ended down 251 points at 27,351 and the Nifty shed 65 points to close at 8,228.
Considering the June quarter numbers have been softer, as compared to the past quarters, and the overall macro environment is yet again under a cloud, Indian IT services should seriously look at the new normal
While the two high-profile exits in pharmaceutical and telecom have raised concerns over regulatory hassles in the country, Japanese investors are still keen to tap into India's consumer growth story and many more merger and acquisition deals are in the offing in this space.
For the past few years the top brass at Pearson did pretty well to grapple with the threat of digital disruption.
For the traditionalists, wars on Twitter and Facebook smack of immaturity.
'The biggest struggles are in the human mind.'
'Make in India' will be central to Mr Modi's visit to Europe and Canada. It is difficult to predict what will happen with the Rafale deal, but if it goes through, it will undoubtedly become the 'Mother' of all 'Make in India' projects,' says Claude Arpi.
'If the RSS should be saluted for choosing such a scholarly statesman to address its highly trained cadre, one must also praise Pranab Da's sagacity for having gracefully accepting the invitation, thus disapproving any ideological apartheid,' says former BJP MP Tarun Vijay.
This was good enough for Fernandes to hire Chandilya to lead his India business.
The government has provided a long-term vision.
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