Modi's demonetisation move has hit the real estate market in Delhi and Mumbai
So far, nine companies have raised Rs 17,860 crore - nearly three times of last year's tally - by way of rights issues.
President A P J Abdul Kalam on Thursday said that though the country had missed the opportunity of partnering the human genome project, it should become a partner in the proteomics project for gene characterisation.
Office rentals in Mumbai are going over the top indeed. Even suburban localities like Goregaon have seen rentals going up by more than 100 per cent, from Rs 75 a sq ft last year to Rs 175 this year.
The problem for the NBFC sector is the funding inertia by banks and not lack of funds.
In 2010, Abbott acquired both the pharmaceutical business of Solvay, which had a presence in India, and Piramal Healthcare Solutions, which was part of Piramal Group.
In the midst of the Left parties raising questions over moves to privatise airports, the Civil Aviation Ministry said the move was meant to enhance the public-private partnership in modernising the airports and not to 'selloff' the assets.
Nicholas Piramal India Ltd is to acquire Inhalation Anaesthetics, the global inhalation business of Rhodia Organique Fine Ltd (Rhodia) of UK, for a consideration of $14 million.
Piramyd Retail Ltd, a part of the Rs 3,000 crore (Rs 30 billion) Piramal Group, is planning a foray into retailing of its private labels of food and personal care products.
Pyramid Retail Ltd, the Piramal group promoted retail chain, will add 12 more malls in lifestyle category and 60 more stores in food and grocery segment in northern and western region by 2008, with an investment of Rs 135 crore (Rs 1.35 billion).
Leading IT companies i-flex Software and Satyam Computers have made their way to Forbes Global's list of 100 'best under a billion' companies in Asia Pacific.
The best and the worst of Bollywood fashion.
Piramyd Retail Ltd has fixed a price band of Rs 120 to Rs 140 for its initial public offer of 90 lakh equity shares to fund the company's expansion plans.
Nicholas Piramal India is planning to hire 400 scientists in the next five years, and has doubled its R&D budget this year.
The drugs and pharmaceutical industry on Friday welcomed the government move to provide death penalty for those involved in manufacturing, selling and dealing with fake drugs.
Hochtief Airport GmbH, which has tied up with Piramal Holdings India Ltd and L&T Holdings in its bid for the airport modernisation process, is interested in developing the Mumbai airport.
Vodafone in India provides 2G and 3G services
Who is to take their place? Will a new generation of entrepreneurs start up with better business sense, or at least better luck? But the so-called unicorns are mostly copy-cat entrepreneurs whose cash flow is funded by overseas (including Chinese) money, notes T N Ninan.
'Today, 75 per cent of sales come from residences.'
PE funds have invested Rs 13,000 cr into the property market in Bengaluru.
PE funds say they have enough money to buy two or three of the indebted companies and the issue is not cash but the management bandwidth to turn them around.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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