Vedanta’s Anil Agarwal and his family to donate 75% of their wealth t...
Anil Agarwal, the billionaire controller of Vedanta Resources Plc, announced late on Thursday that he and his family had agreed to give 75 percent of their wealth to charity. Agarwal, a one-time scrap metal dealer, made the announcement at an event in London to celebrate the 10 year anniversary of... read more »
Emami biotech acquired Vanaspati brand Rasoi
Emami biotech on 25 September 2014 acquired Vanaspati brand Rasoi. Emami biotech is the edible oil and bio-diesel arm of the Emami Group of Companies. The deal is estimated to be worth around 20 crore rupees. This is Emami’s second acquisition in three months and with this deal Emami makes... read more »
EPFO notifies minimum Rs 1000 pension for 32 lakh beneficiaries
NEW DELHI: In a move that would benefit about 32 lakh pensioners, the government has notified the amendment on Employees Pension Scheme run by Employees’ Provident Fund Organisation (EPFO) to provide a minimum monthly pension of Rs 1,000 starting from October. Moreover, the decision to... read more »
We Are Not Not Worried About RIL’s 4G Call: Vodafone Global Head
Vodafone Global Head Vittorio Colao has said that he is not worried about competition from Mukesh Ambani’s Reliance Jio, which is likely to start 4G services soon. He was also optimistic about the Indian market following the change of government at the Centre. Talking about Reliance’s... read more »
