Reliance Jio to take over mobile business assets of troubled RCom at an estimated value of Rs 24,000-Rs 25,000 crore.
As per Sebi's regulations, the proposed deal as such need approval from majority of public shareholders in the two listed companies -- ACC and Ambuja Cements-- as the transaction involves their promoters.
General Zhao Zongqi is well known in India for having commanded the Chinese troops during the Dokalam episode. Zhao knows every inch and corner of the Indian border, at least the Eastern and Central sectors, including the Naku La area which witnessed fist-fights between Indian and Chinese troops in April/May. Claude Arpi introduces us to the PLA generals masterminding the Chinese aggression in Ladakh.
The steady decline of economy recently made Chinese youth anxious.
'If Walmart is a physical retailer, why is it striking a deal with Flipkart for the online space?'
State governments want the Centre to direct the 14th Finance Commission to compensate states for implementing pay scales, to be recommended by the pay panel.
JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward
The government has made it much harder for tycoons to get special dispensations from Delhi
Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.
Sun Pharma's market capitalisation stood at Rs 100,050 crore on December 5, with its share price closing at Rs 417 a piece - lowest since March 2013.
We look back at the many leaders who took contention with Rahul Gandhi in the recent past.
The International Cricket Council has approved change in rules in the LBW decisions of the umpires concerning the controversial Decision Review System, which is expected to benefit the bowlers, while deferring plans for a radical shake-up of international cricket, including on the proposed creation of two divisions in Test and a new one-day league.
After being deserted by people whose battles he fought, Amar Singh is going to have another go at politics, says Aditi Phadnis
Retrospective claims may not stand the test in international courts.
Former CFO V Balakrishnan seeks exit of Infosys chairman, co-chairman R Seshasayee, co-chairman Ravi Venkatesan, audit committee chairman Roopa Kudva and nomination committee chairman Jeffrey S Lehman.
China and India on Wednesday held their upgraded strategic dialogue to shore up bilateral ties amid hectic parleys to resolve differences over Beijing's reluctance to support India's bid for Nuclear Suppliers Group membership as well as a United Nations ban on JeM chief Masood Azhar.
Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.
'Past experience shows us that cross-border strikes have not prevented Pakistan from continuing with further terror attacks.'
The NCLAT's order is offensive because it goes against every tenet of bankruptcy reorganisation. If Justice Sudhansu Mukhopadhyay's tenets are accepted by the Supreme Court, we will not only regress in modern bankruptcy reorganisation but also slide back in the Doing Business rankings, says Omkar Goswami.
The song, called 'Battle Declaration' focusing on winning wars, was posted on the People's Liberation Army daily's website last Thursday. It is the first PLA-made hip-hop video, the state media reported on Tuesday.
'We have to work for our victories.' 'We have to offer a better alternative governance model.' 'Not just criticise the current government.' 'You have to build bridges, learn from what has gone wrong and create a party for all people.'
The decision to take to the streets and demonstrate support for beleaguered former PM Manmohan Singh could be a turning point for the Congress.
The company said it had extended financial support to the UK business.
Rampant corruption by Congress ministers must be counted as the single biggest factor to prompt the electorate to hand over a thumping mandate to the Communist parties, says M K Bhadrakumar.
It is one of the three marquee hotels owned by Sahara outside India.
As the Lok Sabha election draw closer, a weary Congress is gradually getting reconciled to the idea of a stint in the opposition even though its strategists are convinced that the party will win up to 140 seats. Anita Katyal reports.
'It has done a disservice to the cause of Muslims... Modi also spoke of Muslims progressing with the Quran in one hand and a computer in the other, which I think is welcome... I wish he had spoken his mind on the issue of communal discord much earlier and shown swiftness in nipping it in the bud,' says former AAP leader Shazia Ilmi.
'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.
11th-hour debt restructuring programme offered no concessions to creditors
'The CBI should be bifurcated and the CBI's charter should be restricted to anti-corruption cases.'
'The investigation of major criminal cases having national and international implications, and national crimes spread over more than one state may be entrusted to a new national crime bureau,' recommends Dr Madhav Godbole, the former home secretary.
'When a company goes into insolvency, by definition it means that existing shareholders have been wiped out.'
Understanding InvITs properly will enable investors to make an informed decision, says V K Bansal.
'Trump's sparring with China is good for business,' Raymond's CMD tells Pavan Lall.
Students of class VIII in Rajasthan schools will no longer study the contribution of Jawaharlal Nehru in their social science textbook as references to the first prime minister have been dropped.
'Last year, someone told us you must remove 's' otherwise you won't perform well and we didn't perform well.' 'Obviously, that's not the reason for not performing well, but it didn't hurt us to remove the 's'.'
'The entire government-owned banking system (excluding SBI) is now in the red.' 'But worse is to come,' warns T N Ninan.
Elections in four assembly seats, Nasirabad in Ajmer, Kota South and Weir in Bharatpur and Surajgarh in Jhunjhunu, are scheduled for Saturday. Results will be declared three days later on September 16
In a television interview, Union minister Jairam Ramesh claimed that a state of UP's size was ungovernable
Bibek Debroy raised seven questions about the new institution.
Vijay Mallya on Wednesday gave a proposal to the Supreme Court to repay around Rs 4,000 crore (Rs 40 billion) loan to banks by September this year.
