With this, Maruti Suzuki will restart operations of its second plant in the fourth phase of the nationwide lockdown
This is the fourth such stake sale within a month and it values Jio Platforms at Rs 4.91 trillion on an equity basis and Rs 5.16 trillion on an enterprise-value basis
The move will help Indian companies get access to multiple jurisdictions for raising capital, with differing costs and listing conditions, said experts
The partly paid up shares may trade at some discount in the interim
In a two-part series, Business Standard takes a look at the capital expenditure plans of firms in key sectors and how they plan to fund it
Besides, the company is reworking its domestic market sales strategy, and scrutinising its capital and operating expenditure plans
olted by this disruption in the very first phase of its growth, the industry is also looking at newer opportunities that the crisis might create
Jio Platforms has raised Rs 67,194.75 crore from leading technology investors, including Facebook, Silver Lake Partners, Vista Equity Partners and General Atlantic, in less than four weeks
TEMA Chairman Emeritus NK Goyal said that it is beyond doubt that the Covid-19 crisis has shown that the telecom sector has been at forefront of providing connectivity to all citizens in India
The last of a three-part series looks at how retailers and e-tailers are doing business amid the Covid-19 pandemic
Wabco India, a part of Wabco Holdings and a supplier for commercial vehicle industry, said that all required regulatory approvals have now been received and Wabco and ZF expect to close the merger
Industry representatives says measures are for long term but they need immediate help
Jaguar Land Rover, a marquee entity of the Tata group, has been majorly hit by the freeze
This, in turn, will impact the loss ratio of insurers in the health segment
Shorter-term membership packages may be considered
In a Q&A, Vice-Chairman of Westlife Development which operates McDonald's in West and South India, says his outfit has neither laid off any of its 10,000 employees not cut their pay
In the last few years, subcontracting costs for most IT firms have also increased manifold due to protective measures around issuance of H1-B work visas
The company expects greater offtake from first-time buyers seeking functionality than from existing car owners wanting to upgrade
The brand has also partnered with various state governments to ensure availability of Savlon products
Production will now happen at Agra in collaboration with Iatric Industries; German brand is sold in 80 countries and has over 100 mn customers worldwide