“Merger of Tata Chemicals consumer biz with Tata Global in the best interest of shareholders.”

In the medium term, the margin expansion journey may have decelerated, if not halted, says Sarwate.

L&T’s open offer, at Rs 980 per share, is scheduled to start on May 14 and will close on May 27.

L&T is expected to release detailed public statement tomorrow to explain logic behind its bid.

Some directors advise founders of IT giant Mindtree to negotiate a higher price; buyback decision deferred.

In Bharat as opposed to India, consumers treat shopping as an experience in itself, says Sarwate.

The double digit growth rate in consumption would be sustained because of base effect.

Emergence of Patanjali helps keep the established players on their toes and provides the consumer the benefit of more efficacious products ...

When Adi Godrej, chairman of Godrej group, began to helm lobby group CII about three years ago, the role was tailor-made for a well-designe...