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Sequoia picks up 9% in Darshan-Patel-owned Vini Cosmetics

Stake in the company has been acquired for about Rs 100 crore, valuing the company at over Rs 1,100 crore or nearly six times its sales

Wage negotiation only after output returns to normal: Rajiv Bajaj

Interview with Managing Director, Bajaj Auto

Tata Group pushes for global brand building

Regions for focus to be the US, Europe and Africa

RCom to exit DTH after merging subsidiary with Sun Direct

Deal to help RCom reduce debt, Sun gain subscribers in new markets

New 'Control' definition in FDI to give more teeth to shareholders' pacts

New definition will be prospective

Redefinition of 'control' in FDI policy on Cabinet's agenda today

The new definition will seek to give more teeth to shareholder agreements or voting agreements

Definition of MSME to be expanded

Restriction on cities for opening stores will be eased; Back-end infra investment from initial $100 mn

There's an interesting market above Nano's that we can address: Carlos Ghosn

Interview with Executive vice-president, Nissan

Three FDI offers fail transparency test

FIPB rejects proposals from firms that have not divulged details of beneficial ownership or source of funding

Govt draws another LoC for higher FDI in strategic sectors

FIPB clears Telenor proposal to raise stake in Indian unit with the clause that officials who have worked in Pakistan will not be allowed in India

Officials worked in Pak can't work in strategic sector in India

FIPB cleared a proposal by Telenor to increase its stake in its Indian company Telewings Communications from 49% to 74%

I'm an FMCG company, not a chit fund: Amway India CEO

Interview with MD & CEO, Amway India

'Are ITC, Unilever chit funds? No. We are just another FMCG company'

Q&A with, Amway India Managing Director & CEO, William S Pinckney

A tough challenge awaits Tony Fernandes in India

Given the cost structure in the country, it won't be easy for AirAsia to offer "Nano" fares and still make money

Irda asked to hold draft law on making bankers agents

Financial services dept wants wider consultation with stakeholders

Raising seats on UAE route defended

At present, the UAE's carriers have 11 points of call in India

MoCA response to concerns raised at cabinet secretary meeting

The UAE had asked for rights to fly to 38 cities within India during negotiations

India's original Sherlock Holmes to go on worldwide clue-hunt

Yash Raj Films and Dibakar Banerjee Productions together buy rights for Byomkesh Bakshi's stories from the author's family

Why did Manu Anand really leave Pepsi?

Speculation is rife that it was the poor response to Pepsi Atom and the heavy spending on IPL that cost him his job

R-Digital close to selling 80% stake to Sun TV

For Rs 2,500 crore; agreement being prepared, to be signed within days