In the January-March period of last year, an amount worth $1,179 million was invested across 103 transactions.
India's largest online retailer Flipkart on Wednesday announced the addition of two new members to its leadership positions, Vice President of Fashion (Retail) and the Vice President of HR (Supply-Chain).
Vodafone Idea Ltd (VIL) CEO Ravinder Takkar did some plain speaking. In an analyst call after its quarterly results recently, Takkar said that the main stumbling block to raising fresh capital from investors is "pricing" - telecom tariffs, in other words. Nine months ago, the telecom company's board had cleared a proposal for raising Rs 25,000 crore from investors, after the promoters made it clear that they were not ready to pump in more money. But potential investors are concerned that without clarity on tariff hikes (there have been none for more than 18 months) they might just lose their money. The lack of visibility on raising tariffs has also impelled VIL to request the Department of Telecom (DoT) for a fresh reprieve by extending the two-year moratorium on paying its spectrum instalment of Rs 8,200 crore for another year till FY23.
Mukesh Ambani said the Digital India initiative has the potential to transform the lives of 1.2 billion Indians using the power of digital technology.
It is unrealistic to expect that change will happen in one year: Birla
The numbers in India may not be as big but the opportunity for serious growth is all there.
Experts say the impact on the schemes' NAVs may vary in the coming days, depending upon how fund houses treat the developments on VIL and whether there are any further rating downgrades or credit events.
Batting legend Rahul Dravid has termed his current stint as coach of India Under-19 and India 'A' cricket teams, as well as his mentorship of young athletes in Olympic sports as "exciting" and "fun".
The government was hoping to roll out the GST regime from April 2016.
'A 25 year old buying a high-value policy now will be well covered even in his 40s.'
Biggest contribution came from Bharti group-led Satya Electoral Trust.
Though Kishore Biyani is selling stakes in group companies to pay off debt, a significant share price crash since January this year is making his task difficult.
At a pre-Budget meeting, the FM was asked to ensure that NBFCs come out of the liquidity crisis they are facing with the help of RBI. They also spoke about the futility of trying to achieve a 3 per cent fiscal deficit target over the medium term.
Almost each of these companies has a different technology to show for the effectiveness against microbes.
The recent weakness in stock markets has provided an opportunity to buy quality stocks relatively cheaper
Aditya Aluminium project ready but clearances still stuck for mine
The store segmentation approach that Shoppers Stop is taking is intended to improve its hit rate at a time when local and international fashion retailers are crowding the market with new merchandise across price points.
This merger, Bhupesh Bhandari believes, will be watched keenly by management gurus the world over.
Investment experts said the key to generating superior returns was "asset allocation" and taking money out of the table from themes that have performed well and into themes that are available at a discount.
100 years ago, Dr Annie Besant was interned by the British in a bungalow in Ooty.
The company at present provides monthly mobile services at starting price of Rs 24 without data, and plans with data service starts from Rs 33 onward. It did not disclose the quantum of hike.
Nandan Nilekani complimented RBI on granting licenses to payments banks, calling it 'a great revolution'.
Asking the government to tweak FDI norms in multi-brand segment, retailers said sourcing rules must be made similar to that of single brand while demanding foreign firms be allowed to put only 50 per cent of first tranche of investment in back-end infrastructure.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
With the July 1 deadline to apply for bank licence fast approaching, aspirants are scrambling to meet the Reserve Bank of India's (RBI) eligibility criteria to apply.
The road will help in transportation of goods and further development of SMEs in North East India
Assocham told Modi policy makers needed to act fast to "bullet proof" India from global jitters.
Based on Statista data for 2019, Vodafone has 17.2 million subscribers in the UK, 29.5 million in Germany, and over 13.7 million in Spain. Without Voda Idea, the Group will become smaller than Airtel and Jio.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In Friday's market rally post the corporate tax cut, the country's top business promoters recouped more than two-thirds of the losses that they suffered in the post-Budget sell-off in equity markets.
The report contains names of entities eligible for bank licences. It was not immediately known how many applicants have been shortlisted by the high-level advisory panel.
India needed more specialists within government
The Supreme Court on Monday directed the Central Bureau of Investigation to file remaining five of the six charge sheets by March 28 in the coal block allocation scam, declining to grant more time sought by the agency for this purpose.
Ten billionaires including Mukesh Ambani, Sunil Mittal are in the world's richest list.
Azim Premji's Rs 175-crore (Rs 1.75-billion) investment in Future Retail will help Kishore Biyani tide through crisis.
'It could tempt investors to pick stocks that are not fundamentally sound.'
For most companies this would mean extending medical coverage to same-sex partners, say legal experts.
The Central Bureau of Investigation will question at least two former officials of the Prime Minister's Office who were involved in the processing of the file related to coal block allocation to Hindalco.
The Central Bureau of Investigation is likely to file its status report in the coal scam before the Supreme Court on Tuesday stating details of its 14th FIR against Hindalco and others and also progress in the remaining 13 cases.
