Tata group companies jump ahead of CPSUs in market capitalisation race; Valuation question holds up SPV for land, asset monetisation of PSUs. Read more on today's top headlines
It's the first time that govt companies are not India's biggest biz group
On the last day of 2021, take a look at the newsmakers of the year - Falguni Nayar, Adar Poonawalla, Rakesh Jhunjhunwala and Tata Group have been the torchbearers of hope in an otherwise grim year
After a year of disruptions, businesses were better prepared in 2021, not only adjusting to the new normal but also making the most of it
This is the first metro project in India to be taken up under the Centre's new Metro Rail Policy
Business Standard brings you the top headlines on Monday
In his New Year address to the over 800,000 employees of salt-to-software conglomerate, chairman N Chandrasekaran said 'our most important milestone this year culminated in our bid to win Air India'
Dates to be cleared after requirements for fulfilling condition precedents met
In October, Talace Pvt Ltd emerged as the winning bidder for Air India with a bid worth Rs 18,000 cr
India's cosmetics and beauty market is estimated to nearly double by 2025 from $11 billion in 2017, aided in good measure by online retailers.
Indian conglomerate has a captive requirement for semiconductors
The airport is a strategic hub connecting India to Middle East nations - home to the largest share of Indian migrant workers
Access to Adobe Analytics dashboards and reports enables everyone in the Tata CLiQ ecosystem to dive deeply into data, track sales and make advanced analyses such as assessing customer purchase intent
Tata Group is in talks with with Tamil Nadu, Karnataka and Telangana and scouting for land for the outsourced semiconductor assembly and test plant, say sources
Loans were raised by the airline as NCDs at 9.05-10.05% interest rate, will be prepaid as part of govt's sale of airline to Tatas
It plans to expand its footprint to 200 physical outlets pan India by 2023 and 800 by 2026
State seeks to have 25 GW of renewable energy capacity by 2030, become investment destination in sector.
Book review of Tata: The Global Corporation That Built Indian Capitalism
The JMM threatened to intensify the agitation
The Air India sale to the Tatas has helped the deal street sizzle in October which in total saw 221 deals worth USD 9.2 billion -- 24 per cent more than the money changed hands in the same month in 2020, according to an industry report. According to Grant Thornton dealtracker report on Monday, October was encouraging, both in terms of deal volume and deal value, indicating the continuum in deal activities. While volume jumped two times over October 2020, in value terms it grew 24 per cent. In October, 61 mergers and acquisitions worth USD 3.3 billion were announced of which as much as USD 2.4 billion were the Tatas paying the government for the national carrier Air India, and 160 private equity deals worth USD 5.9 billion, which was 62 per cent more than the year ago period, according to the data collated by the agency. With 61 deals, M&As were the highest since 2015, up 62 per cent in volumes and 25 per cent in value. The month also witnessed the birth of five new unicorns: ...