Uday Kotak combines alternate funds, advisory into $18 billion asset management business

The entity, to be named Kotak Alternate Asset Managers (KAAM), will include $8.9 billion in alternate investment funds and the advisory business with $9.1 billion under management.

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Subway#39;s $10 billion price tag is tough to swallow

Subway#39;s growth-at-any-cost model where it even pipped McDonald#39;s at one point in number of restaurant outlets is coming back to hurt. Subway doesn’t own any of its outlets, which means that to increase profits it either has to add new franchisees or raise fees charged to those franchisees

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Adani group to expand SIL#39;s Sanghipuram captive port capacity to handle large ships

Adani Group firm Ambuja Cements on Thursday said it will acquire a majority stake in Sanghi Industries Ltd (SIL), one of the leading cement manufacturers from western India, at an enterprise value of Rs 5,000 crore.

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Exclusive: US credit downgrade will lead to diversification, believes Mark Mobius

In an exclusive interview with Moneycontrol, global investment guru Mark Mobius said the US rating downgrade will prompt investors to diversify into other areas

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In India, it#39;s advantage Tesla as Chinese automakers face heat

Tesla has had a red-carpet welcome from India for its proposal to invest in the country, while its largest rival in electric vehicles, China#39;s BYD, has been stopped cold by increased scrutiny from New Delhi.

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KKR buys majority stake in LEAP India

In a statement, KKR said the investment builds on macroeconomic tailwinds and logistics is expected to play a critical role in driving India#39;s growth in the next 25 years.

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Yudiz Solutions to launch Rs 44-crore public issue on August 4

The company has fixed the price band issue for the issue at Rs 162 to 165.

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Control Print: A stock for the long term, buyback the near-term sweetener

With recovery gathering momentum, top line and margin are expected to gain traction

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GE Power India bags order worth Rs 440 crore from Gujarat State Electricity Corporation

GE Power India Limited has received a Letter of Intent from Gujarat State Electricity Corporation Ltd, the company said in a regulatory filing.

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Chinese carmaker BYD faces Indian tax investigation: Report

India#39;s Directorate of Revenue Intelligence (DRI) has alleged that China#39;s largest electric vehicle (EV) maker, whose expansion plans have been hit by fractious relations between New Delhi and Beijing, underpaid tax of 730 million rupees ($9 million), one of the sources said.

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Bosch Ltd to increase manufacturing in India: CFO

The technology supplier plans to increase the percentage of goods produced locally in India to bring down its imports of components, which had led to an increase of 12% in spending on traded goods last quarter.

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