BT BUZZ

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News

BT Buzz: Make in India flops for medical devices; domestic firms shutting shops to import
Failed policies cause domestic manufactures to import medical devices, while the government wants India to list among top five medical devices manufacturing hubs in the world under the 'Make in India' initiative
BT Buzz: Debt laden Suzlon stares at stake sale to stay afloat
With over Rs 11,000 crore debt and an impending $172 million FCCB payout next month, Suzlon is negotiating with lenders and potential investors
BT Buzz: TCS Q2 results hold key for its sustained growth momentum
Tata Consultancy Services (TCS), country's largest software services exporter recorded a double-digit growth for the fourth consecutive quarter with dollar revenues of $5,485 million and a constant currency growth of 10.6 per cent year-on-year.
BT Buzz: Split wide open on shift to electric mobility
The government says the industry is not doing enough, the industry says the government is being unrealistic. Electric mobility has pitted both against each other
BT Buzz: As L&T acquires 60%, what lies ahead for Mindtree and its founders
After the hostile takeover by L&T, a management change and a board are rejig are likely to happen at Mindtree. A merger between the two companies is eminent too, in mid-term if not in near future.
BT Buzz: Blackstone, the last resort for cash-strapped Indian real estate developers
Being one of the largest PE firms in the world, Blackstone does believe in waiting it out for the right time and right valuations before striking a deal. As distress in the Indian real estate sector is clearly visible now, Blackstone has been quite busy.
BT Buzz: Can India gain from US-China trade war?
Retaliatory tariffs and trade tensions have made the US and China unfavourable markets for each other, but has opened avenues for India to become a prominent exporter to both nations.
BT Buzz: Government arming itself to tax Facebooks, Googles of the world
It is said that these companies manage to pay minimum taxes as a significant part of their revenues and profits is not attributed to their Indian subsidiaries but to the ones based in low-tax countries or their home countries
BT Buzz: Failure to meet ambitious target divides Godrej family
As the Godrej family couldn't achieve the scheduled revenue growth that they had planned, it might have forced them to pursue the growth aggressively. Especially, by bringing clarity on the share of profits, while developing the family's 1000 acre land at Vikhroli.
BT Buzz: Air India might be unlucky for the third time
Packaging a deal is just one part of the tale; the sale process for Air India could fail again without a buyer having such a big appetite.