It has been known for long that The Times Group (Bennett, Coleman and Company) is the largest. While the News Corporation-owned Star Group briefly lay claim to number two spot, it is now clear that Subhash Chandra's Zee is way

Shishir Bajaj-promoted Bajaj Hindusthan, India's largest sugar producer, is in talks with its nearest competitor Balrampur Chini Mills to acquire the 36.67 percent stake of the current promoters, the Kolkata-based Saraogis.

Soft drinks and foods major Pepsico India Holdings Pvt Ltd has applied to the Foreign Investment Promotion Board to invest an additional $200 million (around Rs 950 crore) as equity in its Indian operations.

Essar Oil is in talks with Royal Dutch Shell to buy two of its refineries in Germany and one in the UK.

The telecom ministry has become the new battleground for political parties. BJP led National Democratic Alliance is demanding that Union Telecom Minister A. Raja step down from office in the wake of a CBI probe into spectrum allocation.

India's largest cigarette maker ITC Ltd which is also a leading agri commodities player shared with NTDV how it plans to counter drop in sugar, rice and paddy production. The company now looks up to the impending Rabi crop to

Indiabulls Power on Friday got lukewarm response from investors on its debut trading at the bourses,and ended with a discount of nearly 13 per cent over its issue price of Rs 45 on the Bombay Stock Exchange.

Retail chain Shoppers Stop is now focusing more on international labels than ever before and soon it will bring Europe's first denim brand Mustang and Playboy apparels here in India.

The volatility that has gripped global oil markets has caused India's biggest oil marketing company Indian Oil Corporation to put major overseas projects on hold.

Future Group chief Kishore Biyani has scripted a new structure for his business. Biyani is on a cleanup act as he readies to mop up funds for his group's expansion.

Indiabulls Power, a subsidiary of Indiabulls Financial Services and a company backed by UK-based billionaire LN Mittal's LNM India Internet Ventures, on Friday got lukewarm response from investors on its debut trading at the bourses.

After managements of companies in the auto belt of Haryana were held hostage by trade unions, the government seems to be waking up to the growing industrial action and is mulling changes that could end up diluting worker rights.

The news of a likely Bajaj Hindustan-Balrampur Chini deal has put the spotlight on a possible consolidation in the sugar sector. Even though the recent boom in the sector spells pricier assets but returns will be visible only in the

The Reserve Bank on Friday said it is not giving any new banking licences "as of now"."As of now, we are not giving any new bank licences.

Telecommunication Minister Jebran Bassil on Friday filed a law suit against state run OGERO company's director general Abdel-Menim Youssif for allegedly hindering the work of the ministry for obvious political reasons."It is probably a precedent that a minister goes directly

The Institute of International Finance (IIF) forecast economic growth in Lebanon at 6 percent in 2009 and at 7 percent for 2010, and indicated that the global recession has had only a minor impact on the Lebanese economy, as reported

While the rest of the world struggles to bounce back from the global financial crisis, China's billionaires are living large, snapping up luxury products at a breathtaking pace.Beijing's Jinbao Street is the must-visit address for billionaires with yuan to burn.

Consumer spending fell in September after four months of gains as a government program to boost auto purchases ended, adding to fears that economic growth could stumble without government support.The Commerce Department said on Friday consumer spending fell 0.5 percent,

Turkey is seeking to switch to payments in national currencies for $10 billion worth of trade with neighboring Iran to lessen exchange rate risks and bolster trade volumes, a Turkish government source said on Friday.Turkey has made similar proposals to

Sony Corp. and Panasonic Corp. signaled the worst may be over for the world's two largest consumer electronics makers as they raised their full-year outlooks, helped by cost cuts.This follows an upbeat view from Samsung Electronics, the world's top LCD