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Ratan Tata to be chief advisor to AirAsia India board Ratan Tata to be chief advisor to AirAsia India board Announcing Tata's name as the Chief Advisor, Malaysia- based AirAsia chief Tony Fernandes also said that the name of Chairman for AirAsia India board would also be disclosed soon.
CBDT informs Vodafone on agreeing to non-binding conciliation CBDT informs Vodafone on agreeing to non-binding conciliation The Central Board of Direct Taxes (CBDT) has formally written to British telecom major Vodafone, agreeing to enter into a non-binding conciliation to resolve the long-standing tax dispute.
Govt likely to relax investment norms for PSUs Govt likely to relax investment norms for PSUs Currently, PSUs are allowed to park their funds only in public sector mutual funds.
PFC restructures Suzlon loans worth over Rs 900 crore PFC restructures Suzlon loans worth over Rs 900 crore PFC's loan assets book rose to Rs 1,60,367 crore in the last financial year.
Unilever's $5.4 bn offer for HUL begins June 21 Unilever's $5.4 bn offer for HUL begins June 21 Anglo-Dutch firm Unilever's USD 5.4 billion open offer to buy 22.52 percent stake in its Indian arm Hindustan Unilever begins June 21.
PE deals' valuation surged to $1.8 bn in May: Grant Thornton PE deals' valuation surged to $1.8 bn in May: Grant Thornton The valuation of private equity deals surged significantly in May to USD 1,851 million driven by Qatar Foundation Endowment's USD 1.26 billion investment in Bharti Airtel.
FinMin floats Cabinet note for Coal India disinvestment FinMin floats Cabinet note for Coal India disinvestment The Finance Ministry has floated a draft Cabinet note for 10 percent stake sale in Coal India through the Offer For Sale (OFS) route, which could fetch around Rs 20,000 crore to the exchequer.
Moily hints of relief to RIL on KG-D6 relinquishment issue Moily hints of relief to RIL on KG-D6 relinquishment issue In a relief to Reliance Industries, Oil Minister M Veerappa Moily has indicated that he may not fully accept DGH's recommendation for taking away 86 percent of the company's KG-D6 gas block area.
Private banks step up hiring; top-five add over 15,000 staff Private banks step up hiring; top-five add over 15,000 staff Leading private sector lenders are in top gear when it comes to expanding their headcount and just five of them, including ICICI Bank and HDFC Bank, added more than 15,000 employees to their payrolls in the last fiscal.
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