Minority shareholders give a thumbs-down

Minority shareholders are disappointed after the Securities and Exchange Board of India (Sebi) increased the size of the mandatory open offer from 20 per cent to 26 per cent, ignoring the Achuthan......

Ambit plans stressed assets biz, NBFC

The Ashok Wadhwa-promoted Ambit Holdings is planning to start a stressed asset business and a non-banking finance company by the end of this financial year. The stressed asset business would be a......

i-bankers quit high-profile jobs to go solo

Growing business opportunities fuelled by a robust economy and an increasing number of private equity investors are prompting investment bankers to quit their jobs and turn entrepreneurs. In......

Big business houses eye stake in Living Media

Big business is eyeing the media space once again.Just four months after Reliance Industries invested in the Network 18 group in a multi-layered deal, leading business houses, including the Aditya......