Popular Articles

Sunil Jain: Forget Ambani, think Goenka
Most are focused on the salaries of the Ambani brothers when it comes to the ‘’vulgar’’ salaries Corporate Affairs Minister Salman Khurshid spoke of. The Ambanis, it turns out, take home very reasonable fractions of their companies’ sales/net profits — 0.03/0.23 per cent in the case of Mukesh and 0.22/0.63 per cent in the case of Anil. The Marans of Sun TV, Kalanithi and wife Kavery, in comparison, took home 7.36/16.96 per cent of sales/net profits (see graphic).

Margaret Carlson: Fat panels would be scarier than death panels
Margaret Carlson / September 13, 2009, 0:26 IST

News of the day

GVK Power buys L&T's 17 per cent BIAL stake
Hyderabad-headquartered infrastructure developer, GVK Power and Infrastructure Ltd (GVKPIL), on Sunday acquired the entire stake of 17 per cent held by L&T Infrastructure Development Projects Ltd in Bengaluru International Airport Ltd (BIAL) for a total consideration of Rs 686 crore.
Public Relations

Sahara Prime holds talks to raise $214 mn

Sahara Prime City Ltd, the company planning India’s second-largest real estate initial public offering in more than two years, is in talks to raise as much as Rs 1,000 crore ($214 million) from private equity investors. - Over 60 firms await Sebi nod for share sale worth Rs 50,000 cr - Sahara realty arm files IPO prospectus, to raise Rs 3,450 cr - Sahara Prime City plans to raise Rs 5,000 cr in IPO - Sahara realty arm plans IPO to mop up Rs 5K cr - Sahara to invest Rs 2,000cr in healthcare - HC grants time to Jet, Sahara to file affidavits “Global funds are keen to invest in India,” Chief Executive Officer Sushanto Roy said in an interview in Mumbai today. He declined to say when the stakes may be sold. The Lucknow, India-based company plans to sell shares in the IPO in the first quarter of next year, according to Roy. Sahara, Emaar MGF Land Ltd and Lodha Developers Ltd are among developers that are seeking the regulator’s permission to raise more than Rs 12,600 crore.


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