Lafarge India had submitted a revised proposal to the Competition Commission of India (CCI) to sell its entire 11-mt asset in India
Domestic bidders including Ajay Piramal Group, Nirma and Sajjan Jindal-led JSW Cement are expected to be more conservative than foreign bidders
But sale deal with UltraTech on track
The transaction will help debt-heavy Jaiprakash Associates to reduce its debt, which had touched a high of Rs 60,000 crore
Unlike last year, investors turn cautious on e-commerce sector
Sale of these assets will help Anil Ambani-led Reliance Group to reduce its Rs 1.14 lakh cr debt
Tata, Reliance and Aditya Birla groups have decided to take on e-retailers like Amazon and Flipkart, but their strategy is different from their online peers
Blueprint ready for $100-million fund in the current financial year, targets $765-million assets under management business
First such consolidation in India's general insurance sector
The Narendra Modi government's focus on keeping fiscal deficit in check and kick-starting planned expenditure has been helpful in attracting investments
Launch of e-tail venture is second out of three digital platforms planned
The firm has been flexible with its investment plans while it waits for the right opportunities in genuinely distressed assets
A M Naik has been grooming Subrahmanyan for the top job when he retires as executive chairman of the industrial group
The sale is to generate the bail money for the release of Sahara Group chief Subrata Roy, who has been in jail since March 4, 2014
The firm's board of directors had been informed about about its effort to sell stake in data centre infrastructure in India and Singapore
The e-tail venture plans to initially offer apparel, electronics and footwear products
Lists at Rs 126, far higher than PE promoters' open offer price
Fund-raising could become tough after capital gains tax kicks in from April 2017
The group spent Rs 17,896 crore on R&D; now has 7,000 patents