Piramal Healthcare, which turned cash-rich after it sold its formulations business to Abbott, has made two investments in Vodafone India, taking its stake to 11 per cent.
Biocon is moving towards the cusp of breakthrough innovations in oncology and diabetes, and is working with the best of the world’s top pharmaceutical majors to commercialise these.
After making an initial investment in a 655-Mw, gas-fired power station in Gujarat in 2002 and then moving on to the wind energy segment, CLP Power India, the Indian arm of Hong Kong-based CLP Holdings, recently synchronised its first thermal power unit
Mahanagar Gas Limited (MGL), which provides piped natural gas (PNG) and compressed natural gas (CNG) in and around Mumbai, is evaluating various options to develop its city gas distribution (CGD) network in cities which will be made available by the
After five years and numerous attempts to launch outlets in India, coffee house giant Starbucks will finally roll out its cafes here, in partnership with Tata Global Beverages (TGB), by August-September.
Polaris Financial Technology Ltd recently bagged a $20 million deal from the Reserve Bank of India and another single deal of Rs 100 crore. It is expecting two more deals to win, which would be large size deals of $10 million.
The Netherlands-based euro 30 billion (euro 195,000 crore) retailer SPAR International, which through a licensing agreement with Max Hypermarkets runs 10 hypermarkets in India, wants to expand its presence here through more local partners.
IFCI CEO and managing director Atul Kumar Rai is battling multiple problems: declining net profit growth, complexity in his company’s capital structure as there is no clarity on government converting its warrants into equity, and allegations of
In the just-ended quarter, Wipro continued a winning streak in its information technology (IT) business. The company met its own target for revenue and has improved in most of the parameters that decide strength of the organisation.
Pirojsha Godrej, 31, son of Godrej Group Chairman Adi Godrej and executive director of Godrej Properties, will be latter’s managing director and CEO from April 1. In an interview to Raghavendra Kamath, he outlines his plans.
Amid the gloomy economic outlook, HCL Technologies, the country’s fourth largest information technology (IT) services provider, has posted better-than-expected second quarter numbers.