In a filing to the Bombay Stock Exchange (BSE), USL said it had made a recommendation to the board of subsidiary United Spirits to consider the sale of the entire share capital of Whyte & Mackay.
The government has hiked foreign investment caps.
On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.
According to the report, the demand for materials needed for infrastructure projects like metals, minerals, buildings and transport equipment is expected to increase as the country invests in building its civil infrastructure.
Talking tough, India on Friday threatened to drag the European Union to the World Trade Organization if the 28-nation bloc did not lift its ban on the import of Indian mangoes and vegetables.
Stricter regulations in US forces industry to look at these countries with a market size of $300 billion
Education inflation abroad is high and the depreciation of the rupee can also set you back, says Vishal Dhawan
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.
India will also play an increasingly important role as one of the Asia-Pacific region's major economic growth engines, helping to drive Asian regional trade and investment flows.
Christine Lagarde said the prospect of rising interest rates in the US and China's slowdown are contributing to uncertainty and higher market volatility.
Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985.
'Chinese dominance reduces India's influence in South and Southeast Asia and erodes its status globally.' 'For a country striving to create a multipolar Asia, it would be a serious setback,' says Brigadier S K Chatterji (retd).
Both leaders also exchanged views on the situations in South Asia, an official Chinese statement said about the meeting between Xi and Khan.
Move to address MNCs' taxation woes; UK likely to be the next.
With 15% customs duty hike on locally assembled vehicles, it is cheaper to import from Thailand, says India MD
It is currently scouting for suitable firms in Europe and planning to close the deal some time this year, a top company executive said.
Tamil Nadu Chief Minister Jayalalithaa credited Prime Minister Narendra Modi with spearheading investor-friendly initiatives, saying it will "enthuse" businesses planning to invest in states.
Mamata Banerjee said availability of land won't be a problem in Bengal as the state government has a land bank.
Rajan said investments should return after initial investor worries over Brexit.
Japan's Nikkei fell 0.5% and South Korea's Kospi lost 1.3%.
However, the Indian economy is expected to bounce back in 2021, the World Bank said.
The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
'Unless we start making the products we need, we cannot become a developed country or call ourselves an economic power.'
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
Sebi had last year put in place a separate regulatory regime for REITs.
The fact that the US dollar has become the world's preferred reserve currency is now the core of global financial crisis, says Mohan Guruswamy.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
IMF, which has also lowered its global economic growth forecast for 2016 and 2017 by a marginal 0.1 per cent to 3.1 and 3.4 per cent respectively, recommended six 'reform priorities' for India
The two sides signed a maritime security agreement after extensive talks between Prime Minister Narendra Modi and his Mauritian counterpart Pravind Jugnauth.
'If the almost literally heart-stopping Suez block has any positive outcome, it is to be hoped that it will accelerate the setting up of a fab (perhaps Taiwanese) in India,' asserts Rajeev Srinivasan.
'An isolationist US and a disintegrating European Union will create a power vacuum that only China is in a position to fill -- a conclusion that is uncomfortable but unavoidable,' says Nitin Desai.
Private lenders were among the top losers along with RIL.
German Chancellor Angel Merkel, French President Francois Hollande, Chinese Prime Minister Li Keqiang, Pakistan Prime Minister Muhammad Nawaz Sharif and Switzerland President Simonetta Sommaruga would be participating in the 45th edition of the meet.
The company will spend Rs 10,141 crore to buy 15.5 per cent stake from minority investors.
Paving way for iPhone maker Apple to open its own stores India, the government on Monday relaxed FDI norms by giving a three-year exemption from local sourcing to foreign players in single-brand retail and a further five-year relaxation for 'state-of-art' and 'cutting-edge' technology.
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The Council includes companies like Tata Motors, Flipkart, Airtel, P&G, Madison World, ICICI Bank, HUL, Micromax and Future Group among others.
A letter reversing the decision was sent by Rajasthan Chief Minister Vasundhara Raje to Commerce and Industry Minister Anand Sharma.
No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
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