CNBC-TV18 learns from sources privy to the matter that the company will now completely shift its focus on chemicals and consumer products business.
Watch accompanying videos of CNBC-TV18‘s Kritika Saxena and Nisha Poddar, wherein they are focusing on all the happenings that transpired in the high profile corporate battle that India has ever seen - the Tata-Mistry Saga.
Sources have told CNBC-TV18's Kritika Saxena that Ratan Tata is in the process of conducting an in-depth performance evaluation of group companies that will span over two months.
IRDA chairman, TS Vijayan shares with CNBC-TV18 his views on concerns raised by insurance players on mandatory listing, IPO pipeline from insurance space, foreign inflows into the country and the regulatory changes that IRDA is gearing for.
Aditya Birla Group is gearing up for a rejig and is realigning its business verticals such as Grasim, AB Nuvo and AB Money, according to the people in the know of the group. The aim is to focus on core assets, while diversifying and expanding into growth sectors, reports CNBC-TV18's Kritika Saxena.
Vineet Nayyar, Vice Chairman of the company, said Brexit won't impact Tech Mahindra's performance in the long-term.
Financial Technologies has filed fresh application in the Bombay High Court against Economic Offences Wing (EOW) for attachment of its bank account, reports CNBC-TV18. Hearing in this case is scheduled for July 28.
Quoting sources, Kritika Saxena of CNBC-TV18 reports that this deal may be signed post the completion of the Bina power plant buyout.
Capgemini Global CEO Paul Hermelin says he expected a strong spending outlook in financial services and retail space and remains sluggish on manufacturing and telecom.
Speaking on the sidelines of the ongoing Invest Karnataka 2016 Summit, Commerce Minister, Nirmala Sitharaman told CNBC-TV18 that the government is in talks with the United States regarding visas, especially for the IT companies.
Watch the interview of Chris Dedicoat, Global Head â€“ Sales of Cisco with Kritika Saxena on CNBC-TV18, in which he talked about the Cisco‘s expansion in India over the last two decades.
Watch CNBC-TV18‘s special coverage of Inside America with Kritika Saxena where she gets all the updates of Prime Minster Narendra Modi‘s US visit and talks to investors on how they look at India‘s growth story.
CNBC-TV18‘s special show â€œInside Bengaluruâ€ takes a close look at the top notch companies and start ups that have done something different in Bengaluru. Kritika Saxena of CNBC-TV18 spoke with key management team of the Happiest Minds.
The PE Diaries travelled inside Bengaluru to understand the pulse of the city.
Sebi's March 31 deadline for listed companies to induct at least one woman director on their boards has passed by, without full compliance. Research firm Prime Database says that over 15 percent of India‘s listed companies are yet to toe the market regulator's line and most of these are public sector units, reports CNBC-TV18‘s Kritika Saxena.
Adobe System's global CEO Shantanu Narayen expects their business in India to double soon
'We are not selling out to Google'. That's the clear message coming from InMobi - one of the key players in the booming mobile advertising market. The company which taps into more than 800 million users across 165 countries says it may look at acquiring companies itself, to fuel its high octane growth plans.
A deferral of mall openings and a 90 percent drop in new retail space hitting the market from the peak in 2011, retail real estate has been in the doldrums for most of 2014 and just when mall owners were hoping to see some "Acche Din" with consumer sentiment improving, the e-commerce explosion is giving them fresh heartache.
Watch the interview of Dharmesh Bhatia, Deputy Vice President, Kotak Commodity Services with Kritika Saxena on CNBC-TV18, in which he shared his reading and outlook on commodity markets and specific commodities.
The Indian government has asked Swedish caller id major truecaller for access to its database for citing privacy invasion. Speaking exclusively to CNBC-TV18‘s Kritika Saxena, its co-founder & CEO Alan Mamedi says that Swedish laws prevent the company from giving access to the government or any government for that matter.
As finance minister rises to present his second Budget, his message will be clear - the government will stick to its commitment to pursue the path of fiscal consolidation. This budget may also end up being a 'Make in India Budget' with the government announcing definitive steps to boost manufacturing.
The Mahindra Group has drawn up some big plans to establish itself in the agri and dairy food space, not just in India, but on foreign soil as well