Carnival group buys project in Chandigarh from L&T for Rs 1,785 cr.
No new capacity addition is planned for 2018 and capital expenditure plans are on hold
The planned deal will reduce Reliance Capital's stake in Reliance Life Insurance to 51 per cent from 74 per cent.
Has already invested $13 bn and needs another $9 bn to expand business, even as cash demands rise at home
LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
'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).
The closure of BPSL would add about three million tonnes capacity to JSW Steel's existing 18 million tonnes.
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.
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.
An interview with executive director V Srinivasa Rangan.
BPCL and ONGC raised $4.9 billion in 2016-17 against $1.65 billion raised by Reliance
Land resources belonging to ailing companies being pitched to pvt players for new initiatives.
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.
Listed Mumbai developers are battling higher inventory levels.
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.
Increased price control over branded generic medicines has affected its profitability
The government, however, amended the tax laws with retrospective effect to undo the Supreme Court judgement and claim taxes.
Corporate affairs ministry mulls changes in Competition Act, may provide different threshold for various sectors.
'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
Headstrong buy the biggest deal in Indian BPO space
With the acquisition of Hotstar, Disney gets immediate access to the OTT market.
At present, Indian indices are under-performing as compared to others and a package from the government can help cover the ground.
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.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
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
The department of investment and public asset management is scouting for investment bankers and legal advisors to carry forward the transactions.
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.
Zomato has the potential to be an equally important milestone for Indian equity markets, notes Akash Prakash.
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.
Pragmatism and flexibility is a virtue. An untethered and short-term approach to policymaking is a flaw, argues Mihir S Sharma.
Launched this April, the FCG business will end the year with a turnover of Rs 500 crore
American refiners closed some of their production, leading to futures trade benchmarked to the West Texas Intermediate going negative.
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.
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