Boardroom battles hot up as top executives step down

Subodh Bhargava, chairman of Viom Networks, has decided to quit, citing his "discomfort about the speed at which the business was growing". Bhargava's decision comes four months after KPMG......

Tata Tele, Quippo merge tower biz

Tata Teleserviceson Monday merged its tower arm with Quippo Telecom, a pure play towers company, to create a Rs 13,000-crore (Rs 130-billion) entity with 18,000 towers -- making it the second......

Quipo to invest Rs 200 cr in 2 years

India's first infrastructure equipment bank Quipo, part of Rs the 1,600 crore (Rs 16 billion) SREI group, said on Thursday that the company will invest about Rs 200 crore (Rs 2 billion) in the next......

Will PNB acquire beleaguered Lakshmi Vilas Bank?

PNB has rich experience in the integration of commercial banks. The Reserve Bank of India (RBI) is learnt to have told state-owned Punjab National Bank to get ready to take over Lakshmi Vilas Bank......