Page 40 - Dev Chatterjee

What's stopping India Inc from turning on the investment tap?

Corporate tax has been slashed. PLI scheme is offered. Stock market is confident. Foreign investment is pouring in. But why are Indian businesses shying away from more investment? Let's find out

Tata Sons to invest Rs 975 crore in Pune IT City Metro rail project

The Rs 7,420-crore, 23-km project is being financed through debt-to-equity of 1.8 times and the entire debt has been tied up, and the envisaged equity commitment is supported by Tata Sons

Reliance Infra had filed arbitration claim of Rs 500 crore: Adani

Reacts to RInfra statement of last week, which said it has filed a claim of Rs 13,400 crore; Adani says it has filed counterclaims

Reliance Infrastructure files Rs 13K-crore claim in Adani power deal

Reliance cited a breach of a December 2017 share purchase agreement relating to the transfer of its Mumbai power distribution business to Adani Transmission

Reliance Capital bidders seek more time from lenders to make final offers

Banking sources said Piramal group has sought 12 weeks' extension, while PE major Advent wants time till Jan-end 2023, citing delays in completing due diligence

Nayara Energy seeks Centre's approval on independent directors' pay

The company said the remuneration proposed to be paid to the independent directors is comparable with the remuneration being paid for similar assignments in the industry

Ambuja Cements and ACC stocks close much above the offer prices

The shares of Ambuja Cement closed at Rs 453 a share -- far above the open offer price of Rs 385 a share -- making the offer unattractive for its shareholders.

Tatas all set to monetise road, ropeway projects; to raise Rs 6K crore

The Tata group is following several other companies, which are selling infrastructure projects, to raise cash

NTPC to buy Avantha's Jhabua Power, its first acquisition under the IBC

The estimated deal size is Rs 1,830 crore

Former Tata group chairman Cyrus Mistry, 54, dies in car accident

His death comes as a blow to Shapoorji Pallonji group

RIL inches closer to acquiring Lanco Amarkantak with Rs 1,960 cr cash offer

If the deal goes through, it will be the third big-ticket acquisition by the Ambani firm under IBC

Zee is in talks with CCI to get approval for merger with Sony Entertainment

As per the BARC data for the ongoing financial year (2023), the merged entity has 36 per cent TV viewership market share in the Hindi GEC segment, and 33 per cent in the Hindi movies channels.

Tata alters policies to consolidate group operations under one umbrella

In 2000, Tata first amended the Tata group retirement policy of 70 years to bring in younger leaders and remove older directors

Amid lukewarm response IndusInd, Torrent, Oaktree bid for Reliance Cap

Piramal, Zurich Insurance, Advent bid for general insurance arm

Tata Sons amends articles of association at AGM to split top roles

The resolutions to renew the directorship of Ajay Piramal and Venu Srinvasan were also cleared by the shareholders

Mukesh Ambani makes succession clear to shareholders at Reliance AGM

Thirty-year-old Akash is a Brown University alumnus. Isha is a Yale University graduate. Twenty seven-year-old Anant has studied at Brown University

Reliance aims to double its value in 5 years as it gets future-ready

Rs 75,000 crore each to be spent on O2C capacities, new energy business

Minority investors may seek higher dividend as Tata Sons posts huge profit

Firm reports Rs 19,638 crore liability towards AGR dues of Tata Teleservices, makes provisions of Rs 1,148 crore for AGR and is expected to make additional provisions in the years ahead

SBI planning to invoke personal guarantees of Bajaj Hindusthan promoters

The company owes Rs 4,771 crore to banks and has already availed two debt restructuring schemes, leading to massive haircuts taken by lenders

RRPR Holdings board has to act in its fiduciary capacity, say lawyers

This is for past contractual obligations made by RRPR Holdings