Business  /  Published 08.10.20

Legal notice in Murugappa family battle

Valli Arunachalam, the daughter of former executive chairman M.V. Murugappan, has sent a legal notice to Ambadi Investments Ltd (AIL), Murugappa family members and others. This comes after the shareho...
By Our Special Correspondent in Mumbai

Business  /  Published 06.10.20

Mobile firms’ plans cleared

The government has cleared investment proposals of 10 mobile phone makers and six electronic component producers, including Foxconn, Wistron, Pegatron, Samsung and Rising Star, under its new productio...
By Our Special Correspondent in New Delhi

Business  /  Published 30.09.20

Reliance raises more money for retail arm

Reliance Industries Ltd (RIL) on Wednesday announced a cumulative investment of Rs 5,549 crore in its retail arm. While global private equity firm General Atlantic will bring in Rs 3,675 crore for a ...
By Our Special Correspondent in Mumbai

Business  /  Published 29.09.20

Kesoram Ind debt rejig

Birla Tyre may spin off its under-construction passenger car tyre business into a separate entity in its efforts to induct a strategic partner. The company, which was carved out of Kesoram last year,...
By Sambit Saha in Calcutta

Business  /  Published 22.09.20

Murugappa clan riven by feud

The stage is set for another tussle in the Murugappa family. Shareholders of Ambadi Investments Ltd (AIL), the holding company of the Murugappa group, have voted against inducting Valli Arunachalam as...
By Our Special Correspondent in Mumbai

Business  /  Published 06.09.20

BPCL: Queries on staff retention

The government will provide guidance on employee protection, asset stripping and business continuity in Bharat Petroleum Corp Ltd (BPCL) to potential acquirers of the company only at a later stage of ...
By PTI in New Delhi

Business  /  Published 06.09.20

Home loans: number crunching on which tax regime should work

At higher levels of income — let’s say upwards of Rs 20 lakh — the caps on deductions may make it difficult to reach the 20 per cent mark. Even home loan deductions taken to the full...
By Adhil Shetty in

India  /  Published 29.08.20

Gold deposit fraud charge on Kerala MLA

An Indian Union Muslim League MLA has been booked in Kerala on the charge of cheating depositors in connection with a gold investment scheme run by his jewellery group. The controversy has mounted pr...
By K.M. Rakesh in Bangalore

Business  /  Published 08.08.20

Bengal eyes $20 billion for logistics

Bengal could attract investment worth $20 billion in the logistics sector by using the state’s unique locational advantage and harnessing its vast network of rail, road and river. The state gov...
By Our Special Correspondent in Calcutta

Business  /  Published 05.08.20

Relief for life insurers

Life insurance companies have got conditional relief from the insurance industry regulator IRDAI on the issuance of physical policy documents for policies sold in 2020-21. The regulator on Tuesday sa...
By A Staff Reporter in Calcutta


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