"To bring back investments, the fundamentals of project financing will have to change. Projects will have to be much more completely tied-up before they get funded," Kochhar said at the launch of a book, edited by former RBI deputy governor Rakesh Mohan, here last evening.
"The focus should not be on big businesses or large industry or groups. The real growth in employment and in manufacturing is going to come from SMEs, the entrepreneurial small sector," Mahindra said at a book launch event last evening.
Both Seshasayee and Venkatesan have assured the top command that they will leave only when situation at Infosys stablize.
In an interview to CNBC-TV18, Moshe Katri, MD of Wedbush Securities, Dipan Mehta, Member BSE & NSE and Karan Taurani, Senior Analyst at Dolat Capital spoke at length if Nandan Nilekani joins Infosys board and shared their views on the stock.
The airline, however, emphasised that it has kept reasonable amount of luggage free for passengers. The Gurgaon-based airline also said that it would expand its services on new as well as existing domestic and international routes when the company would start getting delivery of new planes from Boeing and Bombardier.
The source, who asked not to be named because he is not authorized to speak publicly about the plan, said Sterlite is looking to build a large portfolio of power transmission projects in Brazil as part of a long-term strategy in the country. Sterlite is also a major manufacturer of equipment for the electricity industry.
Lohani is also likely to be the last full time Chairman and Managing Director of Air India under the complete ownership of government.
The company also offered to operate the project subject to grant of compensatory tariff to the company for the entire period of the PPA.
Speaking to CNBC-TV18, Damodaran said the tensions between the Board and founders that culminated in the resignation of CEO Vishal Sikka did not happen overnight.
Mergers and acquisitions (M&A) has been quiet this week with the last leg of earnings wrapping up but what took centre-stage was yet another boardroom battle, last year it was Tatas and this time it is Infosys and Vishal Sikka resigns. However, on the deal street, initial public offering (IPO) book catches the attention with several filings this week.
Uber is not looking at internal candidates for the post of the next CEO. It is looking at an outsider. That's the word coming in from David Richter, Senior Vice President at Uber. Talking to CNBC-TV18's Ronojoy Banerjee earlier today Richter also added that Uber's India business growth has jumped 115 percent in the past year.
The second quarter of calendar 2017 or April to June, 2017 marked a record low for new apartment units launched across India. So we believe, if you want great locations and projects of your choice, it is a good time to get into the home buyers' market.
Dish TV has said that an "absolute monopoly" would be created if Star India bags IPL T20 championship telecast rights.
The total investment for premium creams category would be Rs 100 crore over the next nine to 12 months.
The Securities Appellate Tribunal has given more time to Sebi for passing a fresh order in the Satyam case with respect to the quantum of punishment given to the erstwhile company's founder B Ramalinga Raju and his brother B Rama Raju.
As per an official note, Rajiv Bansal's appoinment is for a "period of three months, or until further orders, whichever is earlier."
The Airports Authority of India (AAI) has entered into strategic alliances with Ola and Uber that will provide passengers the option to hire these cabs at select aerodromes.
The partnership with Airbnb, the first by an Indian carrier, will help Jet Airways strengthen its portfolio of choices for stay that it currently offers its guests.
Cigna TTK Health Insurance is planning to infuse Rs 114 crore to expand its business, increase distribution network and for upgrading technology, a senior company executive has said.
The firm, which competes with SoftBank-backed Ola in India, said it is focusing on launching solutions that enhance customer experience on its platform.
Diversified global natural resources giant Vedanta Resources today saw its operating profit swell by 48 percent to USD 777.8 million for the first quarter to June on higher zinc output and uptick in prices.
The company has received the final approval from the United States Food and Drug Administration (USFDA) to market Ziprasidone Hydrochloride capsules.
Owning a house of our own is something we all dream of. In this episode of Quest for Excellence, we delve into the success story behind India’s fastest growing housing finance company, PNB Housing Finance.
The battle between the Infosys board and the founders that exacerbated post the resignation of Vishal Sikka last Friday continues to remain the top focus. CNBC-TV18 learns from sources that Nandan Nilekani may be brought back to head Infosys at least for now. Watch accompanying video of Former CFO of Infosys V Balakrishnan, in which he shared his views and readings on the same.
A last-minute rush had led to GSTN portal crashing last week, forcing the government to postpone the tax filing deadline by five days to August 25.