Indostar in talks to buy 70% stake in ICICI Home Finance
Indostar , the non-banking finance company funded by private equity firm Everstone Capital has offered to pay Rs. 2,000 crore for the stake.
What Air India’s seller and any future buyer should do to make the deal fly
Severance pay and other obligations should be settled. The less govt insists on the buyer to take on the existing staff, the better price it...
Hero MotoCorp won't be paying royalty to Honda anymore
Since the termination of the Hero Honda joint venture in end 2010, the Munjals have forked out a total of Rs 388.96 crore to the Japanese tw...
Tatas may exit fertilisers with Haldia unit sale to Prakash Lohia of Indorama Corp
The Tatas are in advanced negotiations with Indian-born Indonesian billionaire Prakash Lohia of Indorama Corp to sell the Haldia unit on a s...
GST shines on renewable energy sector
The only worry is that for very small installations of 100 kw in residential sector, solar inverters used will invite 28 per cent GST.
GST is a one-time hit, we have told sellers we’ll stand by them: Bhaskar Bhat, MD, Titan
"This GST is a one-time hit and we have to bear the losses because going forward, things will change. We will manage the loss," said Bhaskar...