)
Company is also expecting lower growth this fiscal
Development comes as relief to plant, which is expected to connect to grid by Aug end or early Sept
Final decision on this would be there hopefully in next 10-15 days
Decision to raise FDI in telecom from 74% to 100% has implicit security concerns since foreign companies will be able to control the entire telecom network
Company is eyeing revenues of $1 billion, with a head count of around 17,000 by 2017
Will also focus on the automotive, aerospace and general engineering spaces
Have invested $126 mn across nine Indian companies in sector in first six months of 2013
Second Task Force on Transactino Cost in Exports was constituted to look into various processes, gather information from various associations related to procedural complexities; 3 meetings have been h
Will use this capital to support its loan disbursement in the year
The company has initiated process through SBI; seeking to restructure around $300 mn
Tamil Nadu accounts for nearly 26 per cent of the overall regional newspaper industry in the country
Tribunal also ordered that all review petitions pending would be listed before appropriate bench for hearing, orders
The Initial Public Offering (IPO) of internet-based search firm JustDial has fetched over 10x return for one of its PE investor SAIF
Asokan, is the former editor of Ananda Vikatan, a leading Tamil weekly published from Chennai
The strike was called by 16 unions against the Centre's decision to divest five per cent stake in the company
The company launched the aforementioned model last year, but sales didnot pick up as expected
Company says production has not been impacted
In 2009, the company had acquired a 76 per cent stake in the Bangalore-based Sadashiva Sugars