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AB Nuvo plans to invest Rs 8,000 cr in financial services, fertiliser business

Birlas plan to sell business outsourcing arm

Aditya Birla Nuvo to invest Rs 8000 cr in fin services, urea expansion

Trusts to have sweeping powers to select, remove Tata Sons chairmen

Under the new practice, three members nominated by trustees will be on the selection panel and can take decision quorum

Ex-bankers get million-dollar offers

Job on offer to these ex-bankers is of consultants. Headhunters say contracts are for up to five years

India Inc wants faster clearances for projects

Chidambaram reviews stalled projects with bankers, industry

Faster clearances seen key in restarting stalled projects

Finance Minister P Chidambaram will meet India Inc leaders and bankers today to kick-start stalled projects

Corporate kinship with brother to lift Mukesh's RIL by Rs 12,000 cr

Cost of fibre optic network and telecom towers would be saved for RIL

Cyrus begins transition at Tata Group

Wadias offer land as collateral for GoAir loan

More surety is part of banks' play-safe approach on aviation firms

Wadias offer land as collateral to get loans for GoAir

Banks are insisting on increased collateral from airline companies after Kingfisher Airlines defaulted on its loans, say sources

Videocon to retire debt with Mozambique proceeds

The move may raise upto Rs 16,000 cr, which will help the group deleverage its balance sheet

UK tax cut to help Indian cos

Aims to attract foreign investments into the country which will, in turn, create jobs

India cos plan listing in Singapore via reverse takeover

Under the reverse takeover route, an Indian unlisted company will first acquire a listed company on the Singapore exchange

Despite Sebi glare, Sahara still raises funds

Charges retail franchises; says RBI tracking refund of Rs 71,000 cr to investors

Birla, Vedanta in race for Canada-based miner

Rio Tinto is selling the Canada-based company to reduce its debt

Reliance KG-D6 gas production fall is worrisome: Nomura

The brokerage further says that even as relations between contractors & Govt /DGH have eased, there is still non-alignment on several issues

Axis, ICICI Bank, HDFC Bank stocks fall on Cobrapost expose

Sting operation exposes money laundering activities undertaken by these banks

Pot of gold or mirage?

Indian firms want to launch banks, but is it a good idea?

India Inc prefers to invest abroad than at home in Jan-Feb

Indian companies have invested $1.65 bn abroad in February after $3.3 bn in January

Mid-sized companies expect demand, but margins likely to fall

A recent survey of 50 companies by JP Morgan shows that CEOs have become less optimistic on near term demand recovery