Moneycontrol's Jerome Anthony talks to Corporate Bureau Chief Prince Thomas to learn more about the top news emerging from the sector this week.
After the debt crisis at Dewan Housing Finance Corporation (DHFL), there is discussion to adopt a uniform approach to cover lapses in coordination and inter-regulatory issues
Move will incentivize firms to boost domestic production of APIs and reduce dependence on China. Currently, India imports almost all its bulk drugs, especially from China
Confirming the development, a senior official of the I-T Department told Moneycontrol there was suspicion on related party transaction within Oberoi and also of a difference between the sale price of housing units shown on the books and the registered prices.
FPIs are categorised based on their risk profiles with category-III including trusts, charitable societies and family offices among others.
Temasek is expected to roll over its Medanta shares for an extra pie in Manipal, where it would hold 30-35 percent after stake conversion.
Investors will appreciate the initiatives announced at the RIL AGM, not least the partnership with Microsoft. The stage has been set for a re-rating of the RIL stock.
This suggestion was rejected by the government as a few panel members raised objections and Modi was replaced by Akhilesh Ranjan
HEG, which manufactures graphite electrodes used in the steel industry, posted record-high profits for the last fiscal after graphite prices surged.
After a-year-long negotiation that hurdled around valuation and stake held by Medanta promoters’ families, the acquisition has been finalized.
The company has asked the bondholders to hold the fixed instrument while it looks at a one-time settlement plan with the banks and a deal with Brookfield.
India will be the tenth-largest market for OTT in terms of revenue in 2022, with mobile internet subscribers set to double from 406 million in 2017 to 805 million in 2022 according to a report by PwC.
The initiative's plan is to reduce waste for its 'Shipment Zero' vision.
There is no one size fits all solution for the fintech industry. And the regulator knows it fully well
Asking PSUs to finish construction of flats for a private developer is akin to privatising profits and socialising losses
The iPhone maker’s India strategy is going through a sea change. It just can’t afford to delay the shift any further.
The PepsiCo case has lessons for other companies that depend on a similar method of contract farming and try to enforce their exclusivity. On the flip side, this could be a blow to corporate efforts to improve productivity in the Indian farm sector as well
In a pre-pack, a stressed company can find a buyer before actually declaring insolvency and also get the benefits of bankruptcy such as exemption from SEBI norms.
The hostile takeover brings into sharp focus a key lesson for founders that look to retain control with small shareholdings: have a backstop or a white knight to bail you out.
In today’s time, as sensitivity towards different races, cultures, and religions, are at an all-time high, it has become all the more important for brands to tread the waters more cautiously than before.
“A large part of provident fund investments are in the Rs 50,500 crore assets,” the source said, adding, “..and they are likely to take a significant hit, as they will get their money only after secured lenders have been paid off"
Normalisation of profit growth in banks will lift overall earnings
Cab aggregators are looking to diversify as business growth is slowing down. Softbank-backed Ola already does transactions and an NBFC licence will help it diversify into allied segments for growth.
The French dairy maker might have failed through joint ventures, and on its own. But its attempt as a venture investor may actually pay off.
Long-term investors should not read much into Street myths surrounding the movement of the index in the immediate aftermath of a political verdict.