Shares of India’s largest cigarette maker fell 6.9% to 219 rupees a piece during Mumbai trading on Saturday.
Here are some of the country’s biggest and most-storied businessmen who saw their fortunes fade.
Reliance Retail’s valuation, post the share swap, is double that of Avenue Supermarts, which runs D-Mart supermarkets.
Luckin’s Revenue Beats Forecast as It Chases Starbucks in China
SEBI has asked for a forensic audit of the company’s financial statements for three fiscal years to March 2018.
The 154-year-old group expects the deals to be clinched by March next year.
Nestle to Start Selling Starbucks Coffee Products in China
China to Soften Generic Drug-buying Program, Report Says
Former billionaire Anil Ambani is waging a war on debt.
Mukesh Ambani may be able to buy his sibling firm’s assets more cheaply.
India’s data must be controlled and owned by Indian people -- and not by corporates, especially global corporations: Ambani.
Shapoorji Pallonji Group plans to seek about $1 billion by bringing outside investors into its solar unit.
Prime Minister Narendra Modi’s government has sought Tata Sons Ltd.’s help to rescue struggling Jet Airways, sources say.
The surprise resignation of an Indian tech billionaire has pulled corporate India deeper into the #MeToo firestorm.
Talks still in their early stages and there’s no certainty they would result in a transaction.
Women managers and executives are in big demand in Asia, which makes keeping the ones you’ve got even more crucial.
Ajay Piramal’s finance group is firming up plans to raise sufficient capital through external commercial borrowings, bond markets.
Lakshmi Mittal’s Arcelor was chosen as preferred bidder for Essar Steel after going through multiple rounds of bidding for asset.
For Indian women, Twitter and Facebook offer a safe space to narrate their stories.
The fortunes of the two brothers at the helm of India’s wealthiest dynasty have grown apart -- to more than $40 billion apart.
Reliance Buys India Cable TV Operators to Bolster Digital Push