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Return on equity of the company has turned negative since the last 2 years as the company is making huge losses on a consolidated basis
Bharti Infratel won't buy tower arms of its Africa operations as it focuses on the Indian subcontinent, say bankers
Feels the current financial services model best suits group's needs
Static share price and tax issues have made exercising stock options unattractive for its employees
Govt lines up sale of PSUs to meet divestment target
Transaction expected to be closed in a few weeks
Tata group's chairman emeritus, who was conferred CII President's award by Chidambaram, says he is optimistic on Indian economy
Modest queues, lack of buzz and very few sales made for a gloomy environment
Many members of ministry panel give dissent note on clause; no clarity yet on whether it will apply to existing shares or new ones
After Rs 1,800-cr telecom loss, wind power firm's bankruptcy deals another blow to billionaire C Sivasankaran
It wasn't Kumar Mangalam Birla alone; the Hindalco mine allocation turned the spotlight on the PM and the Odisha CM
This is not first time, Sibal, Director General of Hydrocarbon between 2004 and 2009, faces CBI enquiry
Institution agrees to return 7.6% of company's stake back to promoter Manoj Tirodkar
Return of stake back to Manoj Tirodkar important as it will help promoter to retain control over company
Mumbai police chargesheets billionaire-builder Chandru Raheja for cheating, breach of trust; Rahejas call it pressure tactic, say Wadia plea was thrown out by Supreme Court
Lenders, with Rs 600-cr exposure to telco, want it to sell properties to repay loans
After a complete wipe-out of net worth, the company is looking for strategies to stay afloat. Either a competitor could take it over or it could merge with others
A non-ED cannot escape penalty, if he is a promoter or key management personnel, say auditors and corporate lawyers
Banks give 4-year moratorium on principal amount repayment; Recast helps firm cut losses from Rs 11,476 crore in 2012 to Rs 342 crore in first six months this year
Aditya Aluminium project ready but clearances still stuck for mine