The US government’s legal move against Ranbaxy for allegedly selling adulterated drugs in the US could expose the company to an investigation back home too. Concerned whether shareholders in the company were kept in the dark about potential risks or ..
MTN will not comment on media reports that the deal with India-based Reliance may be Communication in jeopardy.“MTN Group Limited and Reliance Communications Limited have agreed to extend the period of exclusive talks until 21 July. At this stage, no ..
Anil Nanda, younger brother of Escorts Group Chairman Rajan Nanda, today approached the Delhi High Court challenging an order by a single bench regarding conversion of Escorts Heart Institute and Research Centre (EHIRC) from a trust hospital into a c ..
The Union ministry of corporate affairs is all set to challenge the Karnataka high court’s decision to clear the merger between Kingfisher Airlines Ltd and Deccan Aviation Ltd in the Supreme Court.The legal threat, if followed through by the ministry ..
The allegations raised by the US government against India's largest drug maker Ranbaxy has the potential to derail plans of the company's promoters to sell their 34.8 per cent stake to Japanese drug maker Daiichi Sankyo, industry experts feel. "The n ..
The unions representing the workers of Asarco LlC and Sterlite Industries, a subsidiary of Vedanta Resources Plc and a party to an agreement to acquire substantially all assets of Asarco, jointly announced today that they have reached agreement on th ..
Indian mobile phone giant Reliance Communications said Wednesday the deadline for talks that could lead to a blockbuster merger with Africa's largest cellular firm MTN had been extended.The deadline had been pushed back to July 21, Reliance Communica ..
The Delhi International Airport Ltd today said it has awarded a 36 million euros (approx Rs 240 crore) contract to supply the baggage handling system for the upcoming Terminal 3 at the Capital's airport to Siemens Mobility. The system will have a th ..
Steel magnate LN Mittal, France's Total, Hindustan Petroleum Corporation (HPCL), Oil India and GAIL will decide by December this year on the feasibility of spending $6 billion to set up a 14 million tonne per annum refinery and petrochemical plant at ..
The two year-old dispute between the Tata Industries and the A.V. Birla Group over Idea Cellular took a fresh turn on Wednesday with the Supreme Court deciding to set up an arbitrator to resolve the issue. The apex court’s decision is in favour of th ..
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