Five years after the Dutch brewer took 37.4% in Vijay Mallya's UB, it has bought another 1.35%.
Online marketplace majors, e-grocers, Internet of Things firms, app-based companies and transport service aggregators are among those that have had to shut shop or scale down operations. Now, survival skills like upskilling and retraining will determine who makes it.
Given that it is only a temporary breather for PSBs, the government now needs to look at the harder options.
One hundred years from now, of course, I expect Tata to be much bigger and more global than it is now.
Mallya will now be the Founder Emeritus of USL
Experts view this as a case of "failed experiment" in succession
'Vedanta', which will be the holding company for his Sterlite Industries, will be listed in the London Stock Exchange.
For a time it looked as if Apple would never relinquish the top spot in terms of market value.
The government is considering buying back shares of Mahanagar Telephone Nigam Ltd from the market as one of the options to pave the way for its merger with Bharat Sanchar Nigam, which is not listed on the bourses.
Mergers to create at most six state banks
The Tata Consultancy Services' initial public offering is expected to be in the region of Rs 5,000 crore-Rs 6,000 crore (Rs 50 billion-Rs 60 billion) and will hit the markets after the Union Budget.
The rules will affect Indian companies that take most decisions about their foreign subsidiaries.
The Aditya Birla group's decision to merge two companies, each with an existing clutch of diverse businesses, flies in the face of the accumulated wisdom regarding conglomerates, says T N Ninan.
Formula One Chief Executive Bernie Ecclestone has been indicted in Germany in a case relating to the sale of a stake in the motor racing business eight years ago, a spokesman for a Munich court said on Wednesday.
'I cannot conceive of any reason than my unsparing criticism of government policies that the government picked me to send a message to many who dare to take it on.'
Formal announcement of venture into new segment on Thursday; group's entry timely, given the demand, say experts
After Singapore this is the second such nodal office opened by the new group chairman.
Silvio Berlusconi has approved a deal to sell 48 percent of soccer club AC Milan to a group led by Thai businessman Bee Taechaubol, a historic change for the team which the former Italian prime minister has owned since the 1980s.
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