It was the summer of 2006 (May 18). Writers' Building, then the state secretariat, was buzzing with journalists. The event marked the start of Buddhadeb Bhattacharjee's second term as chief minister. And in style, it got off with West Bengal bagging the small car plant, Nano.
Hindustan Unilever (HUL) has topped the Perpetual Capital Hurun India Impact 50 - 2026 list with 53.9 points (on the scale of 0-100), reflecting a strong performance across key sustainable development goals (SDGs), including climate, water, circularity, gender and biodiversity.
The group's major investments in Bengal are from Tata Metaliks, Tata Consultancy Services, Indian Hotels and Tata Hitachi.
Japan is expected to increase its investment target in India from the earlier 5 trillion yen ($34 billion) to almost 10 trillion yen.
The managing directors -- Rana Sinha of Tata Hitachi Construction Machinery Company, Dibyendu Bose of TM International Logistics Limited, Sandipan Chakravortty of Tata Steel Processing and Distribution Limited, Viresh Oberoi of mjunction, and Sanjiv Paul of Tata Metaliks -- met at Nabanna, the makeshift state secretariat. Finance and industry minister, Amit Mitra, was also present.
In 2006-07, TCS had employed 7,000 people in the eastern states.
Mutual funds' largecap investment universe is expected to see seven changes in the upcoming stock reclassification exercise by the Association of Mutual Funds in India (Amfi). According to a report by IIFL Securities, Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch and Samvardhana Motherson are expected to earn upgrades in the revised list of largecap, midcap and smallcap stocks set to be released in the first week of July. Amfi revises the list at the start of January and July every year based on the previous six-month performance of the stock.
India Inc raised $2.78 billion from overseas markets in October this year, up 44 per cent from a year ago, according to the Reserve Bank data released on Friday.
Cruises past Nestle, Hitachi, Tesco to be ranked 39th on BrandFinance list.
Post the transaction, Tata Motors will own 40 per cent stake in Telcon, while Hitachi will have 60 per cent, the company said.
The business will also see a change of guard. Shailesh Chandra, president of EV and corporate strategy, will replace Mayank Pareek as president of PV business, including EV, with effect from April 1. Pareek will be superannuating from the company after a six-year stint at the end of February 2021. Chandra and Pareek will work on transition over the next few weeks.
Let's take a look at best brands in the world, including five from India.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Our government has created 10 million jobs when the Indian unemployment rate is at a 45-year high.'
South Korean steel giant Posco has narrowed down on Sanand (Gujarat) for setting up its steel coil unit at an investment of $20 million.
The cash crunch following demonetisation and transaction fees that do not cover costs are among the reasons why the sector is struggling.
The poor deployment of WLATMs has tripped what the central bank sought to achieve back in 2012.
Companies are drawn to the parks by the infrastructure and ready-to-occupy land.
Bankers and executives involved in ATM operations said challenges abounded in this segment.
2019, however, will be a bigger test as the firm continues to deal with rising attrition and margin pressure.
A representative of the Confederation of ATM Industry said ATM players were not consulted about the move and they received the news via media platforms.
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The 30-share Sensex lost 22 points to close at 27,090 and the 50-share Nifty gained 7 points to end at 8,121.
More than 10% (40 of 498 companies) have lost at least half their market value.
TCS is tapping an emerging opportunity called IT modernisation, which potentially could be a growth driver for the entire IT services industry for the next two to three years, says Raghu Krishnan.
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.
Here's why Rajeev Srinivasan believes there will be nothing particularly positive about the prime minister's US visit.
'By the time he came out after nearly five hours, he had a one-to-one conversation with the President, a delegation-level meeting, a reception, a dinner, a tour of the White House and a joint statement of a kind none of his predecessors ever had,' says Ambassador T P Sreenivasan.
Sensex ended above 26,000 led by telecom shares amid TRAI's spectrum sharing norms.
And then came the chief moment of Friday. If the courtroom had a soundtrack, Beethoven's 9th would be playing, providing a triumphant, dramatic prologue to the production of this last clip. A woman reporter was asking Mekhail about Sanjeev Khanna. He says clearly, without mincing words, emphatically: 'Never seen him. First time I am hearing his name.'
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