The enforcement agency is looking to ensure that no big deals or transactions, such as the one Mallya struck with Diageo for Rs 500 crore, take place.
Through a series of structured investments -- in the form of convertible debt and equity -- Apollo will take exposure to Welspun's holding company and its steel and infrastructure subsidiaries.
Larry Page on Tuesday named Pichai as Google's new head.
Google will be able to co-relate data from the first click to the final delivery of product. This kind of knowledge is invaluable, something which even Amazon does not have.
Tata Group chairman Ratan Tata was in Kolkata on May 18, 2006, the day Buddhadeb Bhattacharjee started his second innings as chief minister of West Bengal, to announce the Nano small car project.
The regulator had earlier asked these banks to submit a road map and give a time frame for paring promoters' shareholding to 10 per cent.
Rajesh Gopinathan, who took charge as chief executive of TCS on Tuesday, said he and his newly appointed team will ensure sustenance of the company's growth momentum and continuous evolution of its strategy.
Legendary investor Warren Buffett's recent letter to the shareholders of his company contains five home truths that you can use to secure your investments..
RIL has completed Network 18s open offer after four months of acquiring the latter.
Last week, Essar had decided to prepay $900 million of this debt to foreign lenders.
Ness gets Bombay Burmah, Bombay Dyeing goes to Jeh.
The board of directors met on Wednesday and approved Rahul Khosla as MD, effective August 18.
The government is keeping a "close watch" on the developments relating to the Tata-Mistry case, but does not want to "interfere" at present as it was an "internal matter" of a private group, Ministry of State for Corporate Affairs Arjun Ram Meghwal has said.
A strong supporter of the new tax regime, Adi Godrej tells Viveat Susan Pinto the second half of FY18 will be even better for consumer goods companies as challenges abate.
A family man with two sons, who made it a point to attend all weddings and occasions in the community, Siddhartha is known by everyone as the quintessential 'nice guy' CEO -- never yelling, raising his voice or screaming at his employees, says Pavan Lall.
There was virtually no incremental equity investment by Tata Sons during Mistry's first two years
On Friday, the stock was the worst hit among the 30 blue-chips on the Sensex
A new generation is being groomed to take over some of the top companies in India.
From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.
Gitanjali Gems plans to hive off various businesses.
The recent amendments to the IBC practically barred promoters from re-acquiring their own assets, leaving only a small window to convert their non- performing assets into standard assets by paying the overdues.
Tata Sons cuts retirement age of non-executive directors from 75 years to 70.
The search panel might have to lower the benchmark to find a successor to the head of $71 billion business empire.
Martin Winterkorn, the former boss of Volkswagen who quit last month, will step down from his remaining posts related to the company.
Paytm e-commerce plans to add close to a billion products from across the globe to its platform before the festive season this year.
In an email interview, the Mumbai-based Devdutt Pattanaik spoke to redidff.com about his latest book on the Mahabharata and about what lessons the epic holds for today's times
Russia's Rostech State Corporation has tied up with Hindustan Aeronautics Limited for manufacture of at least 200 Kamov 226T light helicopters to replace the ageing fleet of Cheetah and Chetak, in a deal estimated to be worth $1 billion under 'Make in India' initiative.
It also recommended fixing of responsibility on 'agencies and individuals' who took such a 'whimsical' decision and sought 'suitable action' to prevent such 'intangible loss' being caused to a state-run company.
UK-based investment bank Rothschild is advising Tata Global Beverages.
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This means individuals like Vikram Pandit, former Citibank chief, can be a promoter only if he comes back to the country permanently.
Some of the Indian groups have set up holding companies with investments in agricultural and food processing land as far away as Africa, as well as within the region, in Cambodia and Vietnam.
It is not every day that one of the planet's richest men is arrested by his government.
Major Air India unions on Wednesday decided to launch an agitation to protest against the delayed payment of wages.
Binani Cement on Wednesday said its promoters will acquire all the shares held by public and delist the company from the stock exchanges.
Billionaire industrialist Mukesh Ambani has turned a venture capitalist and is backing a new television channel Epic TV due to go on air next month.
The price movement and trading volumes for few days prior to Mistry's ouster will also be looked into
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