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Sale will help the new merged entity to unlock value in its subsidiaries and generate cash to fund its new age businesses
Chief executives also demanded banks pass on the benefits of the reduction in rates, which are at a six-year low
Project commissioning rises, stalled projects back on track
Prem Watsa-owned group is in talks to buy 10 per cent stake in Catholic Syrian Bank
Dev Chatterjee takes a look at some prominent cases where non-compete fees have come in the picture
Falling coal prices bring down valuation by half
Capacity target lowered from 60 to 25 mn tonnes per annum
Sale would help GTL to raise funds to fix its debt problems that sank the entire group over the past six years
Stressed assets sale stalled as bidders refused to give such guarantees
Move aimed at bringing textile, fashion business under one roof
Adani, ADAG, Essar group firms face charges of inflating coal import value
Accumulated sum Rs 31,500 crore in 2015-16
Tata Teleservices, which made a loss of Rs 3,386 crore in FY16, was in talks for a merger with Telenor
Ruminates sale of its fertiliser business
Bankers working around sanctions on Russian energy major
Analysts say the choice of both is good, as both have immense experience in running businesses in India
The appointments signify the conglomerate's move to bring in more experienced talent at the holding company level
US-based JCPenney probing cotton supplies
Target Corporation, a US-based retailer, terminated its supply contracts due to quality issues