Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has announced closure of its anchor book allocation, raising about Rs 5,400 crore from marquee global as well as domestic......

New deal with Subhash Chandra gives lenders more control over Zee

Zee and its lenders had decided to enter into an agreement to not offload the pledged shares amid a sharp slide in the prices of the underlying securities during end-Janury. The terms give the......

Why FY18 was a defining year for India Inc

The financial year ending Saturday saw such big-ticket events that set the directional tone for the country’s business journey.  Illustration: Uttam Ghosh/Rediff.com. Beyond the hoopla......

Farewell, AVR

One of the finest minds on foreign exchange management, monetary and fiscal policies, on debt and currency markets, on bank management and governance, and indeed on almost every aspect of modern......