Corporate

Tata Nano launch date expected to be Republic Day

05 jan 2009

Inorder to invoke nationalist feeling and giving a symbolic statement, it is expected that Tata Motors may launch their much awaited ‘Nano’ car on 26th January. 2008 has been a year marred with controversies and bad news for Ratan Tata – going upto the fact that market capitalization of Bharti has overtaken that of the Tata Group (which is simply incomprehensible to digest).

ITC Hotels looking to acquire new properties, is Oberoi on radar?

12 dec 2008

Indian hospitality sector already plagued with global recession and terror attacks, may have found some sort of activity going their way. The latest seems to be a comment by ITC that they are looking to buy new hotels and expand their business in such times of adversity.

Anil Ambani launches online shopping portal to sell financial products

23 nov 2008

To augment its existing distribution channels, ADAG has launched a new portal RelianceMoneyMall.Com to retail financial products under Reliance Money umbrella over the internet. Apart from the Mutual Funds, insurance, IPO, research reports and Gold coins, the portal also sell gifts, home appliances and consumer durables.

Grand Intercontinental Becomes ‘The Lalit’, probably inspired by ‘The Leela’

19 nov 2008

Counted among India’s largest privately owned hotel company, Bharat Hotels has changed its brand name from the ‘Grand’ to ‘the Lalit’, reflecting the name of its late founder Mr. Lalit Suri coupled with the end of its franchise arrangement with ‘The Intercontinental’.

India’s biggest mall project put on backburner

11 nov 2008

The 4.5 million square feet, India’s biggest mall project ‘Mall of India’ being built by DLF in Gurgaon has been put on hold for now. This is probably the biggest casualty in the retail category since the slowdown started as the project was conceived as the “mother of all malls” with an investment of over Rs.1500 crores.

Religare acquires Lotus Mutual Fund to kickstart their Mutual Fund business

04 nov 2008

Religare Enterprises, with the loads of money its promoters got from selling their Ranbaxy stake to Daiichi Sankyo has now acquired 100% of Lotus India Mutual Fund from Temasek-promoted Alexandra Fund Management and Sabre Capital for an undisclosed amount.

Bharti to shift focus to non-telecom biz, unveils new brand logo

03 nov 2008

Bharti Enterprises is aiming to join the ranks of other Indian conglomerates by unveiling its vision 2020 along with a new identity and logo, which incidentally is its third change since inception.

Catch The Mickey Mouse Show Live in Delhi & Mumbai

30 oct 2008

The iconic Disney characters Mickey Mouse, Donald Goofy, Pluto and Minnie are coming to perform in India probably for the first time in India. This will be a surely a treat to watch especially for children as these Hollywood characters would be presenting their show in true Bollywood style coupled with singing and dancing.

Unitech sells stake in telecom arm, reasonable valuations in competitive market

29 oct 2008

After taking a battering in its share price, India’s second larget real estate players, Unitech has sold off 60% stake via fresh share issue in Unitech Wireless to Norwegian company, Telenor for Rs.6120 crore valuing the company at Rs.10200 crore.

AIG may have a limited presence in India

09 oct 2008

After its bailout, American International Group (AIG) has begun recasting its global operations and even its Indian operations are not left untouched. AIG has Tata AIG Life Insurance and Tata AIG General Insurance where it holds 26% each.

1 2 3 4 5 6 7 8 »