Demerge

"The structuring is directed towards having a sharper focus on compliance, supply chain and front-ends to provide the necessary growth impetus for its consumer facing formulations business," Strides said.

Not planning to demerge stationary biz, says Navneet Education

In an interview to CNBC-TV18, Gnanesh Gala, MD, Navneet Education spoke about the results and his outlook for the company.

Not the right time to demerge textiles biz now: Technocraft

"Though the revenue is not very high in drum closures business, the bottom line is good because we are continuously in the process of cost cutting, saving in raw material and labour", Sharad Saraf, MD, Technocraft Industries India told CNBC-TV18.

Booking profits on rally; prefer to avoid holding cos: Quantum

Most of the expectations of a good monsoon driving rural demand and in effect earnings has been priced in feels Nilesh Shetty of Quantum AMC who prefers to raise cash levels by trimming stock positions if the market continues to rally.

To give demerged consumer care biz 'FMCG-like focus': Cipla

The decision by Cipla to carve out its consumer healthcare business into a separate subsidiary is to give it a more "FMCG-like focus", says Chandru Chawla, who heads the company's investment unit Cipla New Ventures.

Too early to launch 4G given ecosystem: Videocon Telecom

Videocon Industries plans to demerge its telecom business Videocon Telecom Ltd into six new group companies by circles. In an interview to CNBC-TV18, Arvind Bali, Director & CEO at Videocon Telecom spoke about the latest happenings in his company and sector.

Govt to revive Dabhol power plant, split parent firm RGPPL

The Union government has decided to revive the long-stricken Dabhol power plant by arriving at an arrangement in consultation in key stakeholders, Power Minister Piyush Goyal said today.

Jay Shree Tea to demerge sugar biz

In an interview with CNBC-TV18's Mangalam Maloo and Reema Tendulkar, DP Maheshwari, MD of Jayshree Tea, explained the development as well as discussed trends in the tea sector.

M&M to invest Rs 500cr in truck biz, explore new products

Mahindra said it is committed to the bus and truck business and will demerge it from MTBL into M&M. It will be run as a seperate division post the demerger.

Varun Shipping to demerge ship management & investment biz

Varun Shipping Company has extended financial year by 3 months. The company will demerge ship management business & investment business, reports CNBC-TV18.

Ramsarup Ind to demerge Durgapur Steel unit; stock up 11.5%

Ramsarup Industries is going to demerge Durgapur Steel unit with self. Lenders have approved demerger of steel unit, reports CNBC-TV18, quoting Sources. It touched an intraday high of Rs 19.60 and an intraday low of Rs 16.60. At 14:40 hrs the share was quoting at Rs 18.90, up Rs 1.95, or 11.50%.

Hindustan Unilever to demerge exports business

Hindustan Unilever’s board has approved plans to demerge the company's FMCG (fast moving consumer goods) export business, which includes export oriented production units, into a separate subsidiary Unilever India Exports.