In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
Demerging print and TV news businesses will allow for separate investment by interested players.
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Senior company officials said the funds would be used to expand its financial services business in rural India where the group would be opening more branches.
A glance back at some of the important ups and down Indian Inc faced in 2018.
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The RBI has accepted the application withdrawal request, according to the statement.
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
Bharti Airtel is the largest mobile phone operator in the country.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
Five of these have wound up since, according to records of the Ministry of Corporate Affairs
Licence winners are expected to be announced by the first quarter of 2014.
Trai plans to allow consumers to change operators without changing set-top box
Telecom operators stressed that differential pricing for data is necessary for growth.
According to the CEO of an Indian group with presence in the telecom segment and two merchant bankers, the Mexico-headquartered telco's bankers have been sounded out for preliminary discussions with leading Indian telecom companies for a strategic tie-up.
The company will wait for sizeable user base for better valuation.
Deal to help RCom reduce debt, Sun gain subscribers in new markets
For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the country as loans went kaput and many bank CEOs were forced to leave
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Biggest contribution came from Bharti group-led Satya Electoral Trust.
KPH Dream Cricket Pvt Ltd, the owners and promoter of the IPL franchise Kings XI Punjab, has filed a criminal complaint against its title sponsor, NVD Solar Ltd and its officials, for "cheating and duping" them of around Rs 14 crore which they were supposed to pay it as per the contract.
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
Government's resolution on the contentious issue of spectrum usage fee seems to have found favour with telecom operators with none of them withdrawing their application from airways auction on the last day on Monday.
Stocks to watch: Videocon, Blue Star, Hitachi, MIRC Electronics, BPL, Whirlpool, Gitanjali, Titan Group
The two nations share a problem of corporate debt gone bad that is so large and opaque.
India Inc is ready to diversify into unchartered areas.
The company was looking to raise around Rs 1,800 crore for a stake sale of 10 per cent.
Yuan depreciation will make imports in China more expensive, depressing demand, especially for commodities.
Brijmohan Lall Munjal was a perfectionist, who empathised with people who worked for him.
Merrill Lynch jumps to first from 7th last year in a smaller market; says its focus is larger deals and clients.
DoT had raised the demand on December 22 and asked RCom to pay within a month.
DoT decides not to scrap dual-technology telecom licences
US, China and Japan have no quotas for women and have had the lowest increase in female directors.
India Inc expects the RBI to cut interest rates by early next year.
No respite in sight as not many big deals, initial public offerings in pipeline.
The big beneficiaries of this move will be the big three -- Bharti, Vodafone and Idea.
After a two year run-in with controversies, telecom sector now looks stable and seems back on its feet with initial investment proposal of over Rs 11,000 crore (Rs 110 billion) received in 2013.
Industry body to write to commerce ministry, seek regulation for e-tailers.
The threat may be a decade away, but it has brick-and-mortar sellers rethinking their strategies and banking on the govt to regulate online companies.
The government has suffered a loss of Rs 12,488.93 crore (Rs 124.88 billion) due to under-invoicing of gross revenue by six telecom companies including Reliance Communications, Vodafone and Bharti Airtel, the CAG said in a damning report on Friday.
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.
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