Mukesh blinks, annuls Infocomm sweat equity
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NEW DELHI: Thirty-five days after the battle for control for Reliance came out in the open, someone has blinked, and it is RIL chairman Mukesh Ambani.
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Hyderabad-based IT firms are concerned that investors could pull out if unrest continues.
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India's second-largest software company, Infosys Technologies Ltd., said Monday its planned inclusion on the Nasdaq-100 will help it become a mainstream stock in the United States and boost its global profile.
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The acceptance by Reliance Energy (REL), of the right claimed by RIL to nominate, so long as it held 26 per cent of it, both the chairman and the VC of REL, followed by Mukesh Ambani annulling his 12 per cent stake granted through sweat equity, in
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THE board of directors of Reliance Industries Ltd (RIL), in its first meeting after the feud between the Ambani brothers became public, today attempted to soothe investor anxiety by explicitly backing Chairman Mr Mukesh Ambani as the leader of an
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When Kyocera (NYSE:KYO) bought Sanyo (NASDAQ:SANYY)'s mobile phone business last week, it left more than one analyst in Tokyo puzzled.
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Infosys Technologies, India's second-largest software firm, said it will be included on the Nasdaq-100 index from Monday, putting it among the biggest listed tech companies in the world.
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Shares take a tumble Capgemini shares fell sharply on the Paris bourse, after the company said it was not in takeover talks with Indian rival Wipro.â¦
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Inbox brimming with penny stock recommendations? The deluge baffles execs at some of the companies touted so gracelessly. In Epicenter.
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THE country&#39;s largest carmaker Maruti Udyog Ltd&#39;s (MUL) stock prices slipped on Monday, triggered ostensibly by parent company Suzuki Motor Corporation&#39;s announcement to set up a new car assembly unit in India through a separate joint venture.
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Business India &gt; New Delhi, Dec 20 : In the midst of the proxy war between the Ambani brothers over the control of Rs 900 bn Reliance empire, the board of the flagship company Reliance Industries, headed by Mukesh Ambani, would meet in Mumbai on December
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Anil Ambani has written to his brother Mukesh, saying his powers as vice-chairman and managing director of Reliance Industries have been diluted by &quot;keeping him completely in the dark&quot;.
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Ambani brothers Mukesh and Anil have had separate meetings in the last two days with mother Kokilaben, whom both had made arbiter in their dispute over the control of Rs 90,000 crore Reliance group, ahead of the crucial board meeting of the flagship
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The tech company's meltdown shows the perils of intellectual property litigation as a business model.
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MUMBAI: Declaring a war against warring elder brother Mukesh, Reliance Industries Ltd Vice Chairman and Managing Director Anil Ambani on Monday lashed out at the proposed buyback ahead of the crucial board meeting questioning the intentions of the move.
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The Delhi High Court has granted bail to the Bazee.com CEO, Avnish Bajaj in the MMS scandal. But the court has asked Bajaj not to move outside India.
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Indian businessman Anil Ambani, locked in a battle for ownership of the country's largest private enterprise Reliance, has questioned moves by his older brother Mukesh to assert full control, a source close to the group said.