The race to acquire Walgreens Boots Alliance Inc.’s Boots pharmacies unit in the UK is narrowing, with the consortium of Reliance Industries Ltd (RIL) and buyout firm Apollo Global ... Read more
Not content with being the country’s largest cement producer, UltraTech Cement Ltd is planning to spend Rs 12,866 crore on boosting its capacity by an additional 22.6 million tonne ... Read more
A 68.2% increase in fuel cost, a depreciating rupee, and a covid-induced fall in demand in early January drove InterGlobe Aviation, which operates IndiGo, to a loss of Rs 1,682 cro ... Read more
No one was surprised when the price of Life Insurance Corp. of India’s shares dropped on its trading debut, but for the government, the headache starts now as its ambitious disinve ... Read more
Hindalco’s US unit Novelis is shoring up its US presence with a $2.5 billion investment in setting up a new aluminum recycling and rolling plant in Alabama. In India, despite a mut ... Read more
The country’s biggest IPO, the share sale of Life Insurance Corp. of India, went off smoothly with an enthusiastic response from retail investors, compensating for the somewhat mut ... Read more
The world’s largest cement maker, Holcim, put its twin listed entities in India, Ambuja Cement, and ACC, on sale. Potential buyers include market leader UltraTech Cement, JSW, and ... Read more
Market leaders Tata Consultancy Services and Infosys posted tepid quarterly numbers even as they said growth momentum would continue into the coming year. Meanwhile, investment in ... Read more
Even as it looks to finalize the timing of the mega LIC share sale, the government is also considering a hike in the percentage of the stake it plans to sell. Earlier reports had s ... Read more
Forced by pandemic-led closures of theatres, exacerbated by the rising popularity of streaming platforms, PVR and Inox Leisure, India’s top two multiplex chains, have agreed to a m ... Read more
