Others
General
Advent to pick up majority stake in Manjushree; Bandhan may buy into PNB Housing
US-based private equity firm Advent International is set to acquire a majority stake in India’s largest PET maker, Manjushree...
Economy
Arun Jaitley resumes charge as finance minister after kidney transplant
Jaitely, 65, had stopped attending office in early April to undergo the surgery. Railway Minister Piyush Goyal was temporarily...
General
Raju & Jain quitting, Kalaari may raise smaller fund; AION may back GMR Airports
Rajesh Raju, managing director at venture capital firm Kalaari Capital, may leave the company but continue to manage the second...
Finance
Promoters converting shell cos into LLPs to escape govt crackdown
Amid a sustained government crackdown on shell companies, several promoters are converting such firms into limited liability partnerships...
People
Who are the highest-paid CEOs in India?
India Inc’s bosses got hefty salary hikes for the year through March, with the aggregate pay packet of the 10 ......
General
Alibaba eyes stake in Reliance Retail; Amazon in talks to buy into More
Chinese e-commerce giant Alibaba Group Holding may pick up 50% stake in Reliance Retail Ltd for $5-6 billion (Rs 34,908-41,889...
TMT
Axiata takes $810 mn impairment hit on Idea Cellular investment
Malaysia’s Axiata Group Berhad said on Friday it will recognise a non-cash impairment charge of 3.33 billion ringgit ($810...
Infrastructure
Emaar Properties looks to sell India head office
Emaar Properties PJSC, Dubai’s biggest listed developer, is looking to sell the Gurugram building that houses its India...
Infrastructure
Australian court quashes indigenous group's challenge to Adani coal mine
An Australian court quashed an indigenous group's bid to block Indian resource conglomerate Adani Enterprises Ltd from developing...
General
Crystal Crop may buy brands of FMC Corp; Sun Petrochemicals eyes Assam Co. assets
Agrochemical company Crystal Crop Protection Ltd is close to acquiring some brands of US-based chemicals company FMC Corporation,...
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