Any effort to put hurdles in the way of foreign drug firms buying Indian companies is 'misplaced nationalism,' GV Prasad, vice-chairman and CEO, Dr Reddy's Laboratories said.
SKS Microfinance has on Tuesday announced that its qualified institutional placement (QIP) was oversubscribed by nearly 40%.
The founders of NCC Ltd are raising their shareholding in the construction company, fearful of a hostile takeover attempt after the events surrounding another Hyderabad-based outfit IVRCL.
SKS Microfinance has, for the first time, offered guidance on its earnings and projected losses of more than Rs 30-50 crore for the June quarter.
The minority shareholders led by founder promoters of Zenotech Labs have moved the Andhra Pradesh High Court challenging the validity of foreign collaboration approval issued by India's FIPB.
The Andhra Pradesh government has given L&T Metro Rail, the Larsen & Toubro arm that is building the 71-km Hyderabad metro rail project, five years time to complete the project from Thursday, which was declared the 'appointed date'.
The B-School, with its campus at Gundlapochampalli in the Hyderabad outskirts, offers intensive one year full time post graduation programs in retail management and retail entrepreneurship.
India’s largest steel producer Steel Authority of India (SAIL) is hoping to emerge, over the next 18 months, as the country’s largest iron ore producer.
Deccan Chronicle Holdings has defaulted on its debt obligations, rating agency CARE said, downgrading the firm’s short-term borrowings to default grade.
RAK has expressed serious concerns over the delays in the implementation of the Rs 16,800-crore ($3.02b) seaport project in AP.
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