Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
CMC has strong presence in the domestic market. It certainly compliments TCS.
With election campaign ending in Tamil Nadu before it goes to polls on Thursday, N Sathiya Moorthy lists a few questions uppermost in the minds of voters.
Currently, Housing.com makes Rs 1.2-1.5 crore a month, against a burn of Rs 10.05 crore.
'Trump's sparring with China is good for business,' Raymond's CMD tells Pavan Lall.
One of the good things about our business is, if customers are under pressure and in a cost-cutting mode, we are able to provide more efficient solutions.
Even without Shah's TN visit and the rest, the increasing bonhomie between the BJP and the AIADMK factions in the state have become more visible than ever in the post-Jaya era, says N Sathiya Moorthy.
'The 5.7% growth in the April-June period is an aberration because of GST.' 'Business activity in the last 15 days of the quarter was minimal or zero.'
'Nehru's hegemonic politics has been responsible for many ills, which undoubtedly includes Kashmir'
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
Tech major is in discussion with film-makers, sport administrators to enter the fast-growing sectors.
The People's Choice Survey is an annual report by CashKaro.com, which identifies key trends in online shopping in India.
The EC has asked both factions to show strength of MLAs, MPs and MLCs supporting them through signed affidavits.
'The day-to-day control of banks is in the hands of political bosses and bureaucrats who are not answerable.' 'The political system uses the banks as a helicopter to throw money to the sector they want to patronise in order to win the next election.'
'Do you think Indian voters are so immature that they can be impressed or won over by such freebies before the elections?' Election Commissioner Sunil Arora asks A K Bhattacharya.
'Our mandate is to work in a transparent manner, keeping two objectives in mind - consumer interest and growth of the telecom sector.'
Finalisation of the date for joining the elite club will be decided only by Air India, Star Alliance vice-president for corporate office, Christian Klick, told reporters here during a media interaction.
Some feel that Tata Steel has put these assets on the block only after exhausting all the options.
Telugu superstar and Union minister Chiranjeveei, who merged his Praja Rajyam Party with the Congress, is surely having problems with his brother Pawan Kalyan, another popular film star. The latter, who never agreed with his elder brother's decision to join Congress, has now decided to float a new party to make certain electoral gains in the politically sensitive Seema-Andhra region. Vicky Nanjappa reports.
Telugu superstar and Union minister Chiranjeveei, who merged his Praja Rajyam Party with the Congress, is surely having problems with his brother Pawan Kalyan, another popular film star. The latter, who never agreed with his elder brother's decision to join Congress, has now decided to float a new party to make certain electoral gains in the politically sensitive Seema-Andhra region. Vicky Nanjappa reports.
'Lending to Mr Mallya was the bankers' season ticket to corridors of power and glamour. Borrowing from them was like a favour Mallya did to them,' says Shekhar Gupta.
'Here was a man who played a major part in helping the Bengalis of East Pakistan create a new nation, secured the merger of Sikkim into the Indian dominion and built R&AW into a formidable outfit, comparable to the best in the world.' Rameshwar Nath Kao shunned the limelight, hated to be photographed and preferred to work behind the scenes. A revealing excerpt from Nitin A Gokhale's much awaited book, R N Kao: Gentleman Spymaster.
Now mergers, acquisitions, sale of assets, fundraising, strategic intent and competitive position in the market are part of business life everywhere.
Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
'You can never bring about a change if you only bring in outsiders. Consultants will never feel what changes are necessary and where,' says Railway Minister Suresh Prabhu.
Is it a last ditch attempt to reassure consumers, or a way to gain the upper hand at the negotiating table, or is it just a way of exhausting the treasure chest before the lights go out
Sanjay Leela Bhansali celebrates the success of his dream project.
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Tough market conditions are also throwing challenges before the companies to get good investments, while weakness in primary market is also making the exit difficult for pre-IPO investors, Sebi Chairman U K Sinha said.
'The Godse controversy may have helped Kamal Haasan reach out to a larger audience, both inside the state and outside, coming as it does when the main campaign for elections 19 is over and only those in the four assembly bypoll constituencies are drudging along,' says N Sathiya Moorthy.
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
Snapdeal's new customer acquisition has doubled.
His compensation in FY17 was more than the combined salaries of the entire boards of TCS, Wipro and Infosys. 'I am a self-made man from a very modest background,' Tech Mahindra's CEO C P Gurnani tells Shyamal Majumdar.
At 15.05 PM, the 30-share Sensex was up 281 points at 28,238 and the 50-share Nifty gained 86 points at 8,577
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
Mulayam, Akhilesh shout at each other as SP supremo defends Shivpal, Amar Singh.
The Jet Airways of old is no more and the industry mourns its demise. Anjuli Bhargava reports.
As part our series on dealing with the pink slip, we spoke to Nirmal Singh, the founder and CEO of Wheebox, a prominent talent assessment company.
Nitish's absence triggered speculation of a logjam in the coming together of Janata Dal-United and RJD ahead of the crucial state election.
Some investment bankers expect the Indian currency to touch 60-65 by the end of the year
