Financial Express - India's leading business newspaper from the Indian Express Group

Lupin Labs, Lupin Chemicals to merge

The Desh Bandu Gupta-controlled Lupin group is believed to be close to finalising plans to merge the Rs 110-crore Lupin Chemicals and the Rs 716-crore Lupin Laboratories.

ACC to exit non-core businesses

The Associated Cement Companies (ACC), in a desperate bid to stay afloat, has decided in-principle to divest its non-core businesses to stay focussed on its cement business.

Telco set to offer stock options to its employees

The employee stock option (ESOP) fever has caught up with the house of Tatas. Tata Engineering is all set to become the first company in the group to offer ESOPs to employees.

Hyundai group to cut assets, boot founders

South Korea's Hyundai Group said on Wednesday its founder and two of his sons, the group's most powerful executives, would relinquish their management roles as part of efforts to recast the country's largest conglomerate.