Goldman Sachs breaks ground for new campus in Bangalore
Bangalore: Investment bank Goldman Sachs Group Inc. said on Wednesday that it has broken ground on its brand new campus in Bangalore, which can accommodate 9,000 people, making this its second largest office after its headquarters in New York. The firm said that it will invest $200 million... read more »
Jet Airways, IndiGo be warned: AirAsia is coming to Mumbai
AirAsia India will soon be starting flights to Mumbai, a city it had initially not considered due to cost considerations. Tony Fernandes today tweeted about impending operations from Mumbai. This will almost certainly give other airlines some anxious moments since AirAsia’s low fares would... read more »
Jaypee group shares fall after Reliance Power deal hits dead-end
Shares of Jaiprakash group companies fell as much as 24% in Thursday’s trade after Reliance Power and Jaiprakash Power Venures (JPVL) said that they called off talks over sale of the latter’s hydro-power assets. In an exchange notice, Reliance Power said, “Due to prevailing... read more »
India’s 100 richest are all billionaires; Mukesh Ambani tops the list...
For the first time, the 100 richest tycoons in India are all billionaires with Mukesh Ambani topping the league for the eighth consecutive year, according to Forbes. With a net worth of $23.6 billion, up $2.6 billion from last year, RIL Chief Mukesh Ambani topped the list for the eighth consecutive... read more »
