The world’s largest cement maker, Holcim, put its twin listed entities in India, Ambuja Cement, and ACC, on sale. Potential buyers include market leader UltraTech Cement, JSW, and Adani groups. Meanwhile, Wipro chief executive Thierry Delaporte continued his aggressive inorganic growth strategy with a $540 million acquisition of SAP consulting firm Rising Intermediate Holdings, while Reliance Industries was said to be considering a bid for UK’s largest drugstore chain Boots even as it ceded 40% stake in its media company Viacom 18 to Bodhi Tree a venture of James Murdoch and Uday Shankar, former chairman and CEO of Star India. And the long-awaited Life Insurance Corp. of India IPO will finally hit the market this week, albeit at a much-reduced valuation.
The company had sought shareholders’ approval on the reappointment of Shiwani Singh, the wife of SpiceJet chairman and managing director Ajay Singh. Read more
The company had sought shareholders’ approval on the reappointment of Shiwani Singh, the wife of SpiceJet chairman and managing director Ajay Singh. Read more
In this week's podcast, India’s IT giants continued their pandemic-era growth spurt, with the Big 4 companies posting robust third-quarter numbers. Read more
In this week's podcast, India’s IT giants continued their pandemic-era growth spurt, with the Big 4 companies posting robust third-quarter numbers. Read more
In this week's episode, Sundeep Khanna talks about the latest in the corporate world including Jet's problems and the jumbo bond issue by Reliance. Read more
In this week's episode, Sundeep Khanna talks about the latest in the corporate world including Jet's problems and the jumbo bond issue by Reliance. Read more
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