While it sounds like a great idea, execution will be anything but easy. The bigger question is how much of a difference the whole thing makes to the consumer
Eureka Forbes had been looking to exit the business for at least a year with interest largely having come from the private equity players, with Electrolux being the only consumer durable player
The resolution of bad loans in five years will be a big challenge. The private ARCs have been struggling to resolve the issues as there has been a lack of interest among buyers
As per ratings agency ICRA, the four-year moratorium is likely to provide a breather of Rs 14,000 crore to the industry. It will also increase the survival chances of Vodafone Idea, which has the highest AGR dues
The govt, with an eye to promote the green vehicle story, is looking to make the industry more future-ready. Players and industry trackers think this will be the beginning of big-ticket investments flowing into the sector
Total nine structural reforms and five process reforms have been approved for the telecom sector. They will change the framework of the entire telecom sector, says Telecom Minister Ashwini Vaishnaw
Global fund house Invesco demands a revamp of the board and the exit of the erstwhile promoters, tells BT they have initiated this action to strengthen board governance
Invesco Developing Markets Fund and OFI Global China Fund IIC hold 7,43,18,476 equity shares and 9,73,50,000 equity shares, respectively, in Zee Ent, representing 17.88% of the paid-up share capital
The decision to extend the deadline has been taken after considering difficulties reported by the taxpayers and other stakeholders in the filing of Income Tax returns, says the Finance Ministry
Shaktikanta Das says the CPI inflation will gradually moderate from now on. At this point, the RBI is quite optimistic to achieve the projected 9.5 per cent growth in 2021-22, he adds
