As of end March, LIC owned more than 15 per cent in index majors like ITC (16.32 per cent) and L&T (16 per cent), both part of the Suuti (specified undertaking of the Unit Trust of India) stakes that government owns through LIC, and state- owned Corporation Bank in which it owns 18.91 per cent.
The arrest of Stayzilla founder Yogendra Vasupal for non-payment of dues to Jigsaw Advertising and Solutions, a vendor, had stirred a hornet's nest in the entire start-up ecosystem, after both the parties traded allegations against each other.
Over the past few months, operators including newcomer Jio and incumbents like Airtel and Vodafone have been doling out attractive offers and unleashing high-decibel marketing campaign to woo customers.
Gas discoveries in North-East Coast block NEC-0SN-97/1 (NEC-25) hold recoverable reserves of 1.032 trillion cubic feet.
Not overly concerned about protectionism as his business is "rooted in the domestic market", Sunil Mittal highlighted that it is unfair that movement of Indian workers gets restricted, while foreign firms make huge profits in India.
The high court rejected Reserve Bank of India's objections in the Tata-DoCoMo case, clearing the decks for the Tatas to pay over $1.1 billion to the Japanese firm.
The Delhi High Court rejected Reserve Bank of India's objections in the Tata-DoCoMo case, clearing the decks for the Tatas to pay $1.17 billion to the Japanese telecom major.
The new rules for the visas could raise labour costs for both technology companies and businesses using outsourcing services in the US, said Ignatius Chithelen, founder and managing partner of Banyan Tree Capital Management.
The announcement comes within a month of the bank announcing a plan to raise up to Rs 5,000 crore through a share sale, amid a string speculations that it may be in the market looking for acquisition opportunities in the banking space.
Shareholders of Reliance Capital will get one share of Reliance Home for every one share held.
The deal will value Noida-based One97 at about $9 billion and provide a 20 per cent stake to SoftBank, the report said.
In 2015, Maruti Suzuki India had announced that it would start paying royalty to its parent Suzuki in rupee instead of yen for all new models starting with the Vitara Brezza which was launched last year.
The Sahara chief gave an undertaking to a bench headed by Justice Dipak Misra that he would deposit Rs 1,500 crore by June 15 and another payment of Rs 552.22 crore by July 15 in the Sebi-Sahara account and filed an affidavit.
Total standalone income of Kotak Mahindra Bank rose by 9.9 per cent to Rs 5,434.65 crore during the concluding quarter of 2016-17 as against Rs 4,947.32 crore in 2015-16, the bank said in a regulatory filing.
The Randstad Award is hosted each year to encourage best practices for talent attraction and to identify the best 'Employer Brand' in the country.
Senior lawyer C A Sundaram said they are in the process of doing so, following which the NCLAT bench headed by Justice S J Mukhopadhyay adjourned the matter to May 4.
AirAsia shared images of the customary water cannon salute given to its maiden flight to Bhubaneswar after it landed in the city.