The Reserve Bank of India on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy faces heat of the second Covid wave.
Has already invested $13 bn and needs another $9 bn to expand business, even as cash demands rise at home
The planned deal will reduce Reliance Capital's stake in Reliance Life Insurance to 51 per cent from 74 per cent.
Private equity players said their research had shown that the PE share after COVID-19 could go up to 8-10 per cent.
No new capacity addition is planned for 2018 and capital expenditure plans are on hold
The Kanakia group, from which Mapletree did the purchase, had bought the plot from India Tube Mills and Metal Industries for Rs 363 crore in 2018.
In the biggest ever deal in the Indian media sector, RIL will acquire control in Network 18 Media & Investments Ltd, including its subsidiary TV18 Broadcast Ltd.
A faltering economy may have led to a re-think on economic strategy. And Mr Modi might think he is politically strong enough to take some risks. But there could be a minefield ahead, observes T N Ninan.
An interview with executive director V Srinivasa Rangan.
Tata AutoComp Systems Ltd on Wednesday said it would acquire the business and assets of Wundsch Weidinger, a German automotive components supplier, for an undisclosed sum.
Land resources belonging to ailing companies being pitched to pvt players for new initiatives.
Listed Mumbai developers are battling higher inventory levels.
'Drone warfare has come to stay.' 'India should exploit the expected Reaper acquisition from the US to build an effective counter terror campaign,' argues Group Captain Murli Menon (retd).
BPCL and ONGC raised $4.9 billion in 2016-17 against $1.65 billion raised by Reliance
The government, however, amended the tax laws with retrospective effect to undo the Supreme Court judgement and claim taxes.
The Chicago-headquartered firm currently has 32 hotels across 20 destinations under its eight brands in India. The eight brands under the Hyatt portfolio in India are -- Hyatt, Hyatt Centric, Hyatt Regency, Hyatt Place, Park Hyatt, Grand Hyatt, Alila and Andaz.
Corporate affairs ministry mulls changes in Competition Act, may provide different threshold for various sectors.
Increased price control over branded generic medicines has affected its profitability
LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.
Headstrong buy the biggest deal in Indian BPO space
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
The closure of BPSL would add about three million tonnes capacity to JSW Steel's existing 18 million tonnes.
With the acquisition of Hotstar, Disney gets immediate access to the OTT market.
India is believed to have challenged in a court in The Hague an arbitration tribunal verdict that overturned its demand for Rs 10,247 crore in back taxes from Cairn Energy Plc -- the second time in three months that it has refused to accept an international award against retrospective tax.
The department of investment and public asset management is scouting for investment bankers and legal advisors to carry forward the transactions.
'The promises of netas and babus and new laws, however well-meaning, mean little.' 'What matters is implementation on the ground.' 'Every law is finally implemented by a vast army of offici
Havells will acquire the entire consumer business infrastructure, people and distribution network. Plus all intellectual property of the Lloyd brand, logo, trademark and attendant rights.
Ritesh Agarwal, founder of Oyo Hotels and Homes, seems to be making all the right moves. In a quick chat with Karan Choudhury and Neha Alawadhi, Agarwal explains the moves he has made in the past 12 months to make his operations global.
Bhavdeep Singh, the CEO of Fortis Healthcare said that they haven't been able to focus on the business due to an internal issue, especially with regard to the promoters
At present, Indian indices are under-performing as compared to others and a package from the government can help cover the ground.
SAD and Paksha have written to the panel headed by S S Ahluwalia that "not an inch" of land should be acquired without the consent of farmers.
The company expects around $40 million annualised revenue from the acquisition but declines to share financial details of the deal.
Standard Chartered Bank is looking for appropriate acquisitions, including asset portfolio to grow its business presence in India, one of the fastest growing markets in the world.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Launched this April, the FCG business will end the year with a turnover of Rs 500 crore
