PR Sanjai
Stories by PR Sanjai
Tracking the rise and fall of India’s billionaires
The country will lead the global growth in ultrahigh net worth individuals, with its numbers rising 39 percent to 2,697 by 2023.
Indian tycoon Anil Ambani needs $2b in asset sales to save last bastion
Reliance Capital, his financial services business that almost doubled its profit in five years, had largely remained insulated from the distress.
How Ambani is taking on Amazon in India with a string of tiny deals
Ambani is sharpening his focus on e-commerce with a $2.5-billion spending spree involving more than two dozen deals to face the world’s largest onli
Tycoons Ambani, Mittal in race for Zee Entertainment stake
A successful deal would help the winning bidder add a slew of video services in the scramble for user revenue.
Advantage Ambani, setback for Amazon as poll-bound India plays to gallery
The upcoming elections have increased the influence of local retailers that lobbied for growth-crimping curbs on the US giants.
Mukesh Ambani could be biggest beneficiary of RCom’s bankruptcy
The elder Ambani could have even more leverage in bidding for the assets of a company whose demise he helped hasten by storming into the mobile phone
Debt-laden Jet Air may get respite as creditors set to get stake
India’s largest lender State Bank of India is reportedly set to swap part of its loans into a stake of at least 15 percent in Jet Airways.
Indian tycoon Pallonji Mistry looks to offload more assets to pare debt
Ratings on debt instruments of at least five companies in the 154-year-old Shapoorji Pallonji Group were cut in the last two months.
India’s debt-laden carrier Jet Airways to resume talks with Tatas for bailout
Acquiring Jet Airways’s business could give Tata Group's fledgling aviation unit a shot at dominating the fast-growing air-travel market.
Kraft said to agree sale of part of Indian portfolio to Zydus
Tata Group, India’s biggest conglomerate, and consumer-goods manufacturer Dabur India Ltd. were also among suitors for the Kraft Heinz businesses.