By PR Sanjai
The financial distress at Vodafone Group Plc’s Indian venture has dragged down the wealth of Kumar Mangalam Birla, whose group is the second-largest investor in the teetering wireless carrier.A majority of his fortune is derived from his ownership of Aditya Birla Group, a conglomerate that controls his main holdings.
To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.20, 2019 4:33 pm ET
MBK Partners, a buyout firm led by a former Asia deal maker for Carlyle Group LP, is aiming to raise its largest fund ever.
ImageSunil Solankey, who runs the Four Sight Hotel in a New Delhi suburb, began working with Oyo last year.me — faced 32 strikes last year, according to data gathered for The Times by the China Labour Bulletin.
Meanwhile, US defence secretary Mark Esper said on Friday the Pentagon awarded the contract to Microsoft after a fair competition.“I am confident it was conducted freely and fairly without any type of outside influence,” Esper told a news confere.
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San Francisco-based midmarket firm, known for its approach to talent management, attracted new investors from Europe and Asia with its latest fund
The Louisiana lawmaker has stressed that the C-Band Alliance’s membership consists of two Luxembourg-based companies, Intelsat
I, -3.Much of the C-Band Alliance’s auction plan is “deeply concerning,” said Doyle at a Capitol Hill hearing on the spectrum sale last month.
Elizabeth Warren’s tax proposals would significantly curb the gigantic fortunes of America’s richest families over time.10, 2019“Yes, billionaires will have to pay a little more,” Senator Elizabeth Warren said of the revised tax package she introduced recently, “six cents on each dollar.
A Zillow employee evaluates a home for possible purchase under the company’s Zillow Offers home-flipping business in Lauderhill, Fla.33%
rose 9% in after-hours trading as the company said its home-flipping business is expected to generate as much as $1.
To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.The venture industry has focused on enterprise software startups this year, with numerous big exits and large funding rounds.
Masayoshi Son defended the Japanese company’s investment, while admitting he misjudged the American firm’s founder, Adam Neumann.6 billion hit from its investment in WeWork, the troubled office-space company that has come to symbolize the excesses of start-up culture.
It was earlier planning to achieve annual production capacity target of one billion tonnes by 2019-20.09 PM ISTAgenciesMinister of Coal & Mines, Pralhad Joshi on Friday said state-run Coal India will produce one billion tonnes coal by 2023-24 and the company has to produce 750 million tonnes in the next fiscal.
A North American family office is interested in picking up more than a third of Yes’s shareholding.(This story originally appeared in on Nov 02, 2019)MUMBAI: The global investor which has submitted a binding bid to invest $1.
MUMBAI: Transactions using India’s own domestic payments platform—Unified Payments Interface (UPI)—hit a landmark of one billion in October, three years after its launch.The UPI also recently crossed 100 million users, making it the fastest adoption of any payments system anywhere in the world.
The contract has an outsize importance because it is central to the Pentagon’s efforts to modernize its technology.Price Floyd, a former head of public affairs at the Pentagon who consulted briefly for Amazon, said he thought Mr.
As many as 97 projects are being currently executed with loan assistance from the World Bank.48 PM ISTAFPThe visiting head of the World Bank earlier in the day met Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman.
5 billion investment that was planned for next year, and buying $3 billion worth of shares held by other investors, according to unnamed sources.It would also lend the company $5 billion.
The Minister said supplies from the US had helped control a likely price rise in India after supply shortage concerns gripped the market in the aftermath of the attacks on a Saudi Aramco's facility.29 PM ISTAgenciesLast year, the bilateral energy trade valuation stood at $7 billion.