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  • `Vedanta`s vision is to eradicate poverty, create jobs in India`

    'Vedanta's vision is to eradicate poverty, create jobs in India'   

    Vedanta wants to create one major behemoth that deals with the entire commodity complex, just as BHP Billiton and Anglo American, says the group's Chairman Anil Agarwal.

    23 Jul 2016, 3.44 pm  |  Source: CNBC-TV18

  • Piramal Enterprises to raise Rs 300 cr via NCDs

    Piramal Enterprises to raise Rs 300 cr via NCDs  

    This is part of the company's plan to raise up to Rs 1,000 crore through issuance of non-convertible debentures on private placement basis, it said in a regulatory filing.

    23 Jul 2016, 2.48 pm  |  Source: PTI

  • YC Deveshwar`s last AGM in an executive role at ITC

    YC Deveshwar's last AGM in an executive role at ITC   

    While the 105th annual general meeting threw no light on succession at the comglomerate, Deveshwar left the company with a plan that should take the FMCG revenues to Rs 1 lakh crore by 2030.

    23 Jul 2016, 1.38 pm  |  Source: CNBC-TV18

  • Pokemon Go: For a cause. Gotta save `em all

    Pokemon Go: For a cause. Gotta save 'em all   

    In a bid to harness the Pokemon Go craze, activists in Syria have tweeted a series of heartbreaking images showing Syrian children holding pictures of Pokemon and asking the game's fans to come save them.

    23 Jul 2016, 1.36 pm  |  Source: CNBC-TV18

  • ONGC backs `Make in India` initiative

    ONGC backs 'Make in India' initiative  

    Indian offshore drilling companies have always fulfilled the demand of the Indian exploration market since its inception.Indian offshore drilling companies have always fulfilled the demand of the Indian exploration market since it...

    23 Jul 2016, 1.14 pm  |  Source: PTI

  • India Inc`s deal tally dips 4% to $17.5 bn in January-June

    India Inc's deal tally dips 4% to $17.5 bn in January-June  

    According to the global deal tracking firm, deal making activity in the first half of the year was down 4 percent in value terms, compared to deals worth USD 18.2 billion in January-June period of 2015.

    23 Jul 2016, 1.12 pm  |  Source: PTI

  • Ashok Leyland firms up overseas business

    Ashok Leyland firms up overseas business  

    The city-based heavy commercial vehicles maker is setting up an assembly facility in Kenya, another one in Bangladesh through a partner and also expanding its UAE unit, CEO of Ashok Leyland Gopal Mahadevan said.

    23 Jul 2016, 1.12 pm  |  Source: PTI

  • Public investments up 21% in FY16; pvt sector sees contraction

    Public investments up 21% in FY16; pvt sector sees contraction  

    Public investments by central, state, local government and PSEs saw 21 percent rise in 2015-16, record growth in last two decades, while private investments (households and corporate) contracted 1.4 percent year-on-year, the worst...

    23 Jul 2016, 1.10 pm  |  Source: PTI

  • Bank of Baroda to expedite loan sanction process

    Bank of Baroda to expedite loan sanction process  

    The bank is transforming through digitalisation and has sanctioned home loans in record six days, the bank's General Manager P Narasimha Rao said at a function here.

    23 Jul 2016, 1.10 pm  |  Source: PTI

  • Union Bank foils cyber attack in USD Nostro a/c, no loss

    Union Bank foils cyber attack in USD Nostro a/c, no loss  

    "There was an attempted cyber incidence in USD Nostro account of the bank. The money trail was promptly traced and movement of funds blocked. Resultantly, there is no loss caused to the Bank," the bank said in a regulatory filing.

    23 Jul 2016, 1.08 pm  |  Source: PTI

  • HCL Tech allots 84,000 shares under 2004 Stock Option Plan

    HCL Tech allots 84,000 shares under 2004 Stock Option Plan  

    In its filing to BSE, the company said the allotment had been done by its Employees Stock Option Allotment Committee on July 21, 2016.

    23 Jul 2016, 1.08 pm  |  Source: PTI

  • Thomas Cook inks pact to promote tourism in Madhya Pradesh

    Thomas Cook inks pact to promote tourism in Madhya Pradesh  

    Under the MoU, Thomas Cook will impart detailed information about tourism in Madhya Pradesh and training to travel agents and tour operators in 20 cities of the country.

    23 Jul 2016, 12.44 pm  |  Source: PTI

  • Drug overcharging case: SC asks Cipla to deposit Rs 175 crore

    Drug overcharging case: SC asks Cipla to deposit Rs 175 crore  

    In a regulatory filing, Cipla said the Supreme Court had directed the government to recover 50 percent of the 'overcharged' amounts.

    22 Jul 2016, 10.40 pm  |  Source: PTI

  • Good monsoon likely to raise tractor demand : Sonalika

    Good monsoon likely to raise tractor demand : Sonalika  

    "The situation has started improving because this year we are having good rainfall. We are expecting a growth of 10 percent, said Sonalika's sales and marketing president R K Singh.

    22 Jul 2016, 10.40 pm  |  Source: PTI

  • SBI ties up with IRCTC, Aditya Birla Group for mobile wallet

    SBI ties up with IRCTC, Aditya Birla Group for mobile wallet  

    The bank also launched its mobile wallet as a payment option at over 2,500 institutions through its Multiple Option Payment System (MOPS).

    22 Jul 2016, 10.40 pm  |  Source: PTI

  • Revised terms of merger a significant sweetener: experts

    Revised terms of merger a significant sweetener: experts   

    Prakash Diwan, Market Expert, said this is a significant sweetener of sorts. Cairn India shares have had some stellar performance but there is nothing great about Vedanta currently, he said.

    22 Jul 2016, 9.22 pm  |  Source: CNBC-TV18

  • CG seeks shareholders nod to sell stake in 2 overseas units

    CG seeks shareholders nod to sell stake in 2 overseas units  

    The divestment is part of the company's plan to divest its power business in Europe, North America and Indonesia at an enterprise value of about 115 million euro (about Rs 850 crore).

    22 Jul 2016, 9.08 pm  |  Source: PTI

  • Merger may lead to a re-rating of company: Vedanta CEO

    Merger may lead to a re-rating of company: Vedanta CEO   

    Speaking to CNBC-TV18 Tom Albanese, CEO of Vedanta, said that the merger is a balanced one. Both Vedanta's minority shareholders and Cairn India's majority shareholders were on the same page. He believes that the merger will lead ...

    22 Jul 2016, 9.05 pm  |  Source: CNBC-TV18

  • Deveshwar bets on tobacco biz for ITC shareholders` good

    Deveshwar bets on tobacco biz for ITC shareholders' good  

    He rejected suggestions that the non-tobacco businesses of the group should be made to grow faster than the tobacco business, but rued that ITC's investment plans were getting delayed due to a long time required for getting approv...

    22 Jul 2016, 9.04 pm  |  Source: PTI

  • Telecom Minister to meet telco CEOs over call drops on Monday

    Telecom Minister to meet telco CEOs over call drops on Monday  

    "The minister has called a meeting with chief executive officers of telecom operators to discuss industry issue, including call drops," an industry source told PTI.

    22 Jul 2016, 9.04 pm  |  Source: PTI

  • Kalyan Jewellers to spend Rs 20cr to build 2000 homes for poor

    Kalyan Jewellers to spend Rs 20cr to build 2000 homes for poor  

    An agreement to this regard has been signed with Habitat for Humanity India, a non-profit organisation that aims to eliminate poverty by providing shelter to poor families, the company said in a statement.

    22 Jul 2016, 9.04 pm  |  Source: PTI

  • IL&FS Eng Services wins Rs 532.67 cr Nagpur Metro Rail project

    IL&FS Eng Services wins Rs 532.67 cr Nagpur Metro Rail project  

    The Project involves construction of seven elevated metro stations, and three at-grade stations (North South Corridor) viz Congress Nagar to Khapri. The Project is to be completed in 110 weeks from the date of issue of LOA.

    22 Jul 2016, 9.04 pm  |  Source: PTI

  • Cairn-Vedanta merger could be done by year end: Anil Agarwal

    Cairn-Vedanta merger could be done by year end: Anil Agarwal   

    Speaking to CNBC-TV18, Anil Agarwal, Chairman of Vedanta Resources said that shareholders will meet in a month's time for the merger proceedings.

    22 Jul 2016, 6.32 pm  |  Source: CNBC-TV18

  • HC junks Vodafone plea against IT demand of over Rs 7.5 crore

    HC junks Vodafone plea against IT demand of over Rs 7.5 crore  

    A bench of Justices S Muralidhar and Najmi Waziri said, "Considering the quantum of the demand, the court is not inclined to interfere with the order." "What is the difficulty in paying Rs 7.5 crore?" the court asked Vodafone and ...

    22 Jul 2016, 6.18 pm  |  Source: PTI

  • Khaitan Elec approaches BIFR to declare as sick unit

    Khaitan Elec approaches BIFR to declare as sick unit  

    On May 28, 2016, Khaitan Electricals had informed that its accumulated losses had exceeded the net worth as on March 31, 2016 and therefore it has become a sick industrial company.

    22 Jul 2016, 5.34 pm  |  Source: PTI

  • HDFC ERGO enters into bancassurance tie-up with SVC Bank

    HDFC ERGO enters into bancassurance tie-up with SVC Bank  

    The partnership combines HDFC ERGO's experience in introducing innovative non-life insurance products with SVC Bank's customer base across various states.

    22 Jul 2016, 5.34 pm  |  Source: PTI

  • NHPC board approves raising Rs 4,500 cr via corporate bonds

    NHPC board approves raising Rs 4,500 cr via corporate bonds  

    The approval of the board is subject to shareholders' approval through special resolution, the power PSU said.

    22 Jul 2016, 5.34 pm  |  Source: PTI

  • Vodafone income dips 3.4% to 1.57 billion pounds in June qtr

    Vodafone income dips 3.4% to 1.57 billion pounds in June qtr  

    However, service revenue growth improved to 6.4 percent as against 5.3 percent in the previous quarter as voice revenue returned to growth and regulatory impacts came down, the London-based company said in a statement.

    22 Jul 2016, 5.16 pm  |  Source: PTI

  • Growth of tobacco business good for shareholders: ITC chief

    Growth of tobacco business good for shareholders: ITC chief  

    During the April-June quarter, ITC's revenue from cigarettes increased 6.42 percent to Rs 8,230.60 crore from Rs 7,733.43 crore in the year-ago period.

    22 Jul 2016, 5.04 pm  |  Source: PTI

  • Deal with pvt discom to raise utilisation capacity to 75%: CESC

    Deal with pvt discom to raise utilisation capacity to 75%: CESC   

    Speaking to CNBC-TV18, Sanjiv Goenka, Chairman of CESC confirmed that the company is close to signing a deal for 150 MW with a private distribution company. It will take the company’s capacity utilisation to 75 percent in the un...

    22 Jul 2016, 4.40 pm  |  Source: CNBC-TV18

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