The ET jury chose Anil Agarwal, founder chairman of Vedanta Resources, as Business Leader of the Year mainly for his dogged pursuit of Cairn India, and its eventual acquisition against substantial odds.
We have managed to address perception issues that hit the audit firm post the Satyam scam: Deepak Kapoor, PwC India Chief
In less than two years, he turned around the firm and has addressed “perception issues” following the Satyam scam, which dragged in its wake the audit firm. “It’s work in progress,” is how Deepak Kapoor put it to ET in an interview.
Come Monday, Ravi Uppal will take over as managing director and chief executive officer of Naveen Jindal group flagship Jindal Steel & Power Ltd.
There is a clutch of Indian family-owned businesses that have brought in professionals to manage their enterprises even as they step back as owners.
Policy paralysis and complete lack of co-ordination hurting investments in India: Kumar Mangalam Birla
Birla has built a global business through a series of acquisitions, including the $6-billion buyout of Novelis, a Canadian aluminium maker.
We are not optimistic, but we are opportunistic.” That is how Kumar Mangalam Birla, chairman of Aditya Birla group, sums up his response to the economic slowdown and policy paralysis.
GMR has spent 45,000 crore in a building spree that's left it neck-deep in debt. Even as it moves to maximise revenues from those assets, it is keeping its fingers crossed for regulatory surprises.
The deal puts valuation of India's largest fragrance & flavour firm at Rs 736 cr, nearly Rs 100 cr more than its annual sales last year.
As many as 36 professional executive directors made it to the Rs 5-crore league, according to data culled by ETIG from 373 of the BSE 500 companies.
Managements are now turning more proactive in countering analyst downgrades. In March, DLF dismissed a Veritas report that cast doubts on its accounts as "mischievous."
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