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How 'bhadralok of business' B M Khaitan built an empire through buyouts

From tea to batteries and engineering, the B M Khaitan group - or the Williamson Magor group as it came to be called - was a business empire built meticulously through acquisitions, big and small

Paribartan: Slogan that ousted Left in 2014 returns to haunt Mamata in 2019

In the recently concluded Lok Sabha polls, the TMC won 22 seats, while the BJP emerged victorious in 18 seats.

Mamata Banerjee offers to quit as West Bengal CM, party rejects the request

'I told my party it is very difficult to continue as chief minister', said Banerjee

Exit polls 2019: Saffron wave may be set to make inroads in West Bengal

As opposed to 34 seats in 2014, the TMC is likely to get 26 seats, according to India News-Polstrat

Slowdown in auto and white goods is visible: JSW Steel's Seshagiri Rao

Lending, particularly by the NBFCs, has slowed down dramatically. Auto and housing loans are majorly driven by the NBFCs in addition to banks and that tap is closed

Structurally, we're much stronger now, says Tata Steel's T V Narendran

We have restructured the European business and shrunk it from 18 million tonnes to 10 million tonnes. The India business, on the other hand, has grown to 18 million tonnes, he said

ITC elevates Sanjiv Puri as chairman after Y C Deveshwar's death

An engineering graduate from the Indian Institute of Technology, Kanpur, Puri joined ITC in 1986, and has now made his way to the top job

Succession issue may come up for discussion at ITC board meet today

ITC had split the role of executive chairman between chairman and chief executive officer in 2017

Y C Deveshwar: The eternal risk-taker who steered ITC's bold transformation

One of India's longest serving corporate chiefs, he transformed ITC from a tobacco company to a retail and FMCG major

McLeod Russel shares tumble 8.9% to Rs 37.85 after ratings downgrade

Sources said a significant part of McLeod's debt would come up for repayment in the next 3-6 months, which would keep its liquidity position under stress

Iran Steel imports: Indian industry flags concerns over predatory pricing

Price difference is about Rs 5,000 a tonne when compared to China; apart from IBA, the Indian Steel Association has also moved steel ministry and and customs

Automotive steel consumption skids 4% due to slowing vehicle sales

More than margins, supplying to the auto segment keeps the steel industry future-ready

Infrastructure projects to take off again post election: Srei Chairman

Businesses have their cycles and problems and the lenders must take decisions on a case by case basis, says Srei chief Hemant Kanoria

B M Khaitan Group companies plunge on bourses after ratings downgrade

Rating agency India Ratings and Research (Ind-Ra) downgraded the company's long term credit rating with the negative outlook.

David vs Goliath: Battle lines drawn between Hotel Leelaventure and ITC

The brewing corporate battle between ITC Ltd and Hotel Leelaventure would put the spotlight on the rights and the responsibilities of a player that is both lender and equity holder

Lok Sabha elections: With one eye on Delhi, Mamata fights in Bengal

The BJP is gaining ground in West Bengal, its vote share having increased from 6 per cent in 2009 to 17 per cent in the 2014 elections

'Jumla meter' to 'king of fascists': How Mamata is battling for West Bengal

Banerjee has made BJP, particularly Modi, her prime target in the current Lok Sabha elections. Her pitch for elections is BJP Hatao, Desh Bachao, used interchangeably with Modi Hatao, Desh Bachao.

Open to bigger acquisitions, but that depends on quality: Emami director

We can't do everything on our own and hence we are partnering wherever we believe the promoters or entrepreneurs are capable and their ideas are good, says Harsha Agarwal, director at Emami

Mixed scorecard: After good start, Modi govt's reform measures losing steam

When it came to the crux of labour reforms, the Modi government got cold feet

Eveready stake sale crucial for Khaitan group to put its house in order

Battling debt problems is not exactly new for the group. In 2000, Eveready had run up a debt of more than Rs 600 crore