group firms

CBI searches: Jindal Group denies wrongdoing


May 16th, 2012 - 11:51 pm ICT by IANS
Bellary (Karnataka), May 16 (IANS) Steel major Jindal Group Wednesday denied any wrongdoing or indulging in illegal activity even as the Central Bureau of Investigation (CBI) searched offices and houses ... Read more...

Posted in Politics |

Reliance Group firms’ stocks soar


February 28th, 2012 - 8:14 pm ICT by IANS
Mumbai, Feb 28 (IANS) Stocks of the Reliance Group firms rallied at the Bombay Stock Exchange Tuesday with the infrastructure arm soaring the most.Reliance Infrastructure closed 11.46 percent up at ... Read more...

Posted in Business |

Reliance DreamWorks films get 11 Oscar nominations


January 25th, 2012 - 9:35 pm ICT by IANS
Los Angeles, Jan 25 (IANS) Three films produced by Reliance DreamWorks, a venture between industrialist Anil Ambani and Hollywood producer-director Steven Spielberg, have bagged as many as 11 Oscar ... Read more...

Posted in Entertainment |

Apex court extends interim relief for Sahara group firms (Lead)


January 9th, 2012 - 11:29 pm ICT by IANS
New Delhi, Jan 9 (IANS) The Supreme Court Monday admitted a plea by two Sahara group companies challenging the Securities Appellate Tribunal's order directing them to refund Rs.17,400 crore mopped ... Read more...

Posted in Business |

Apex court extends interim relief for Sahara group firms


January 9th, 2012 - 10:57 pm ICT by IANS
New Delhi, Jan 9 (IANS) The Supreme Court Monday admitted a plea by two Sahara group companies challenging the Securities Appellate Tribunal's order directing it to refund Rs.17,400 crore ... Read more...

Posted in Business |

Private equity firm Apollo to invest Rs.2,250 crore in Welspun group firms


June 29th, 2011 - 1:33 pm ICT by IANS
Mumbai, June 29 (IANS) One of the world's leading private equity firms, Apollo Global Management will infuse about Rs.2,250 crore in Welspun Corp Limited (WCL), a leading pipe manufacturer and ... Read more...

Posted in Business |

2G scam: Balwa allowed to depose from jail via video link


March 14th, 2011 - 10:27 pm ICT by IANS
New Delhi, March 14 (IANS) After former communications minister Andimuthu Raja, Swan Telecom promoter Shahid Usman Balwa was Monday allowed by a Delhi court to attend proceedings in the ... Read more...

Posted in Business |

Shares of Anil Ambani group firms soar Tuesday


October 5th, 2010 - 11:37 pm ICT by IANS
Mumbai, Oct 5 (IANS) The shares of companies in the Reliance-Anil Dhirubhai Ambani Group (ADAG) shot up Tuesday led by Reliance Media Works that closed 37 percent higher on what analysts ... Read more...

Posted in Business |

Anil Ambani mulls public issue, commercial bank for group firms (Roundup)


September 28th, 2010 - 6:25 pm ICT by IANS
Mumbai, Sep 28 (IANS) A public issue, entry in commercial banking and sale of strategic stake to an investor were among a slew of proposals unveiled by the Reliance Anil Dhirubhai Group ... Read more...

Posted in Business |

Two Anil Ambani group firms propose $11 bn merger deal


July 4th, 2010 - 5:48 pm ICT by IANS
Mumbai, July 4 (IANS) The boards of two energy firms belonging to the Reliance Anil Dhirubhai Ambani Group (ADAG) -- one in the business of generating power and the other ... Read more...

Posted in Business |

Lalit Suri hotel group firms up $500 mn expansion plan


May 4th, 2010 - 12:10 pm ICT by IANS
By Sakshi Gulati New Delhi, May 4 (IANS) Premium Indian hotel chain, the Lalit Suri Hospitality Group, is investing Rs.2,200 crore (nearly $500 million) towards expansion, with plans to actively participate in public-private-partnership ... Read more...

Posted in Business |

Bosch lifts lockout following truce with labour (Lead)


March 13th, 2010 - 12:42 am ICT by IANS
Bangalore, March 12 (IANS) Automotive component major Bosch Ltd decided to lift the lockout Saturday at its plant on the outskirts of this tech hub following an agreement with its workers in ... Read more...

Posted in Business |

Bosch defers lockout at main plant, wage talks on


March 12th, 2010 - 9:30 pm ICT by IANS
Bangalore, March 12 (IANS) Automotive component major Bosch Ltd Friday withdrew notice to declare lockout at its main plant in this tech hub as negotiations were on with workforce on wage hike, ... Read more...

Posted in Business |

Bosch threatens second lockout as workers remain adamant


March 11th, 2010 - 8:29 pm ICT by IANS
Bangalore, March 11 (IANS) Automotive components major Bosch Ltd Thursday threatened to declare lockout at its main plant in the city as its agitated workers remained adamant over wage revision and healthcare ... Read more...

Posted in Business |

Japan Airlines files for bankruptcy protection (Lead)


January 19th, 2010 - 4:48 pm ICT by IANS
Tokyo, Jan 19 (IANS) Japan's top carrier, Japan Airlines Corporation (JAL), Tuesday formally filed for bankruptcy protection, paving the way for state-led restructuring. Xinhua news agency reported that JAL filed for bankruptcy protection ... Read more...

Posted in Business |

Mukesh Ambani inked biased gas pact in 5 minutes: RNRL


November 26th, 2009 - 5:31 pm ICT by IANS
New Delhi, Nov 26 (IANS) The Supreme Court was told Thursday that Mukesh Ambani took all of five minutes to approve the self-serving gas supply pact on behalf of both Reliance Industries ... Read more...

Posted in Business |

Anil Ambani alleges ‘vicious’ campaign against group firms


October 15th, 2009 - 6:05 pm ICT by IANS
Mumbai, Oct 15 (IANS) Industrialist Anil Ambani Thursday alleged "vicious and malafide" campaign against his group companies by a "known rival group" and said the timing was similar to the one two ... Read more...

Posted in Business |

Pyramid Saimira plans to raise funds through stake sale


October 6th, 2009 - 3:40 pm ICT by IANS
Chennai, Oct 6 (IANS) City-based entertainment group Pyramid Saimira has said it will raise funds by divesting equity up to 40 percent in its group firms. "We are open to divest ... Read more...

Posted in Entertainment |

Azim Premji says he’s not hanging up his shoes in a hurry


September 18th, 2009 - 3:45 pm ICT by IANS
New Delhi, Sep 18 (IANS) Wipro chairman Azim Premji, at the helm of the iconic group for 43 years now, says he is in no hurry to hang up his shoes ... Read more...

Posted in Business |

Birla to raise promoters’ stake in group firms


June 27th, 2009 - 4:55 pm ICT by IANS
Kolkata, June 27 (IANS) BK Birla Group of Companies will increase the promoters' stake in group firms like Mangalam Cement, Century Enka and Kesoram to around 50 percent in a few years, ... Read more...

Posted in Business |

Anil Ambani group firms among top stock performers


May 25th, 2009 - 3:44 pm ICT by IANS
Mumbai, May 25 (IANS) Three companies in the Reliance Anil Dhirubhai Ambani Group were among the five top-performing stocks of the S&P CNX Nifty of the National Stock Exchange (NSE) last ... Read more...

Posted in Business |

Reliance, State Bank among 47 Indian firms in Forbes Global 2000 List


April 9th, 2009 - 7:52 pm ICT by IANS
By Arun Kumar Washington, April 9 (IANS) With $34 billion in sales from its oil and gas operations, Reliance Industries tops 47 Indian companies that figure in the Forbes list of the world's ... Read more...

Posted in Business |

Promoters of 440 companies pledged shares worth $10 billion


March 18th, 2009 - 12:22 pm ICT by IANS
By James Jose New Delhi, March 18 (IANS) The decision by India's markets watchdog to tighten the disclosure norms for the promoters of listed companies after the Rs.73-billion ($1.5-billion) Satyam Computer Services ... Read more...

Posted in Business |

ArcelorMittal fined $415 mn by French competition council


December 16th, 2008 - 10:52 pm ICT by IANS
Paris, Dec 16 (IANS) The French competition council Tuesday slapped a fine of about 302 million euros ($415 million) on ArcelorMittal, the steel giant led by the India-born Lakshmi Mittal, after a ... Read more...

Posted in World |

Stone India at final bid stage for European firm


September 8th, 2008 - 7:34 pm ICT by IANS
Kolkata, Sep 8 (IANS) Stone India Ltd, a G.P. Goenka group-company, is in the "final bidding stage" of acquiring a European railway equipment maker, said a top company official here Monday."The European ... Read more...

Posted in Uncategorized |

Pyramid Saimira increases turnover, profit but skips dividend


June 30th, 2008 - 5:25 pm ICT by IANS
Chennai, June 30 (IANS) The city-based entertainment company Pyramid Saimira Theatre Ltd closed the 2007-08 fiscal with a revenue of Rs.7.49 billion and an after-tax profit of Rs.578.7 million. The corresponding figures ... Read more...

Posted in Business |

India’s expertise in animation gets global eyeballs


March 26th, 2008 - 5:47 pm ICT by admin
(Lead)Mumbai, March 26 (IANS) As the Rs.13 billion ($324 million) animation industry grows rapidly in India, global players like Walt Disney and Cartoon Network are increasingly looking at the country for content ... Read more...

Posted in Entertainment |

UTV expands alliance with Walt Disney


February 18th, 2008 - 10:07 pm ICT by admin
Mumbai, Feb 18 (IANS) Hollywood media giant Walt Disney Company is poised to invest Rs.13.14 billion ($330.4 million) in two UTV group firms. An agreement has recently been reached between the two ... Read more...

Posted in Entertainment |

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