• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney Invest Now master your money
Moneycontrol

Business News

  • Coal India arm SECL approves Rs 1,200 cr share buyback plan

    Coal India arm SECL approves Rs 1,200 cr share buyback plan  

    The equity shares proposed to be bought back by SECL represent 4.18 percent of the existing paid up capital of South Eastern Coalfields Ltd, it said.

    28 Feb 2017, 8.32 am  |  Source: PTI

  • Tata Sons agrees to pay $1.17 bn to NTT DoCoMo as damages

    Tata Sons agrees to pay $1.17 bn to NTT DoCoMo as damages   

    In 2009, the Japanese telecom giant invested around USD 2.6 billion in order to buy a 26.5 percent stake in Tata Teleservices (TTSL). It later deemed the venture as its “worst” overseas investment, and sought USD 1.17 billion ...

    28 Feb 2017, 8.30 am  |  Source: CNBC-TV18

  • Uber fires Amit Singhal over past sexual harassment complaint

    Uber fires Amit Singhal over past sexual harassment complaint  

    American taxi hailing company Uber has asked Amit Singhal, Senior Vice-President of Engineering division, to leave after he failed to disclose that he left Google a year earlier over sexual harassment allegations. The charges rais...

    28 Feb 2017, 8.28 am  |  Source: Moneycontrol.com

  • SAIL to ramp up mfg, to offer tailor made steel products

    SAIL to ramp up mfg, to offer tailor made steel products  

    SAIL Chairman P K Singh undertook a review meeting of the marketing performance of the company a few days earlier.

    28 Feb 2017, 7.50 am  |  Source: PTI

  • Central Bank of India raises Rs 500 cr through bonds

    Central Bank of India raises Rs 500 cr through bonds  

    The bank will offer an interest rate of 8.62 percent per annum to the bond holders, the bank said in a regulatory filing.

    28 Feb 2017, 7.50 am  |  Source: PTI

  • Providence to sell 3.33% holding in Idea Cellular

    Providence to sell 3.33% holding in Idea Cellular  

    The PE firm had picked up 15 percent in 2006 through its investment arm P5 Asia Investment (Mauritius) for around Rs 1,800 crore and has been paring its holding continuously over the years. Last June it had sold 3.47 percent in th...

    28 Feb 2017, 7.50 am  |  Source: PTI

  • Fitch Affirms India`s NHPC at `BBB-`; withdraws Ratings

    Fitch Affirms India's NHPC at 'BBB-'; withdraws Ratings  

    Fitch Ratings has affirmed state-run hydro power producer NHPC the Long-Term Foreign and Local-Currency Issuer Default Ratings (IDRs) at 'BBB-' with stable outlook -- reflecting its robust operating and financial profile.

    27 Feb 2017, 10.20 pm  |  Source: PTI

  • Need to keep pace with industry on tech upgradation: Sun Pharma

    Need to keep pace with industry on tech upgradation: Sun Pharma   

    The 2-day Indian Pharma Alliance Conference concluded on Friday and speaking at the conference, Founder and MD of Sun Pharma, Dilip Shanghvi as well as Pankaj Patel of Zydus Cadila say that efforts are underway to meet global qual...

    27 Feb 2017, 10.02 pm  |  Source: CNBC-TV18

  • Amansa sells 2.56% stake in Cholamandalam for Rs 388 crore

    Amansa sells 2.56% stake in Cholamandalam for Rs 388 crore  

    Foreign fund Amansa Holdings today offloaded its entire 2.56 per cent stake in Cholamandalam Investment and Finance Company for a little over Rs 388 crore through an open market transaction.

    27 Feb 2017, 9.24 pm  |  Source: PTI

  • Canara HSBC OBC Life Insurance launches iSelect term plan

    Canara HSBC OBC Life Insurance launches iSelect term plan  

    Canara HSBC Oriental Bank of Commerce Life Insurance today expanded its online product suit with the launch of iSelect term plan meant for family protection.

    27 Feb 2017, 9.16 pm  |  Source: PTI

  • Welspun Enterprises` Rs 270 cr buyback offer to open on Mar 3

    Welspun Enterprises' Rs 270 cr buyback offer to open on Mar 3  

    Welspun Enterprises, part of USD 2.3 billion Welspun Group, had earlier announced plans to buy back up to 25 percent of its share capital.

    27 Feb 2017, 9.16 pm  |  Source: PTI

  • BSNL to sign pact with Nokia on 5G, IoT applications

    BSNL to sign pact with Nokia on 5G, IoT applications  

    State-owned Bharat Sanchar Nigam Ltd is all set to sign a memorandum of understanding with Nokia in the areas of 5G and Internet of Things (IoT).

    27 Feb 2017, 9.14 pm  |  Source: PTI

  • Tata Comm, HPE to build world`s largest IoT network in India

    Tata Comm, HPE to build world's largest IoT network in India  

    Hewlett Packard Enterprise (HPE) today said it is working with Tata Communications to support the roll-out of India's first LoRaWAN-based network.

    27 Feb 2017, 8.40 pm  |  Source: PTI

  • India firms fear lingering economic aftershocks from cash ban

    India firms fear lingering economic aftershocks from cash ban  

    Struggling with customers unable to pay on time and plummeting sales, Indian small-business owner Ravi Jain fears the government's crackdown on cash will have a much larger impact than predicted by top policymakers.

    27 Feb 2017, 8.36 pm  |  Source: Reuters

  • Varun Beverages raises Rs 300 cr via debentures

    Varun Beverages raises Rs 300 cr via debentures  

    PepsiCo's bottler Varun Beverages today said it has raised Rs 300 crore by issuing non-convertible debentures (NCD) to RBL Bank and Kotak Mahindra Bank on private placement basis.

    27 Feb 2017, 8.02 pm  |  Source: PTI

  • LIC agents to go digital; to get PoS for premium collection

    LIC agents to go digital; to get PoS for premium collection  

    "As part of the strategy for the less cash economy, LIC is also gearing up for providing PoS machines to its few lakhs active agents initially so that premium collection can be done in digitally," a senior official said.

    27 Feb 2017, 8.00 pm  |  Source: PTI

  • Young Turks: The start-up struggle

    Young Turks: The start-up struggle   

    India's start-up ecosystem in is a state of flux, Snapdeal is handing out pink slips and many companies are seeing write-downs. What does the future hold? To discuss this, Arun Sarin, Former Global CEO of Vodafone and now an angel...

    27 Feb 2017, 7.26 pm  |  Source: CNBC-TV18

  • Have few solid operators, encourage consolidation: Mittal

    Have few solid operators, encourage consolidation: Mittal  

    Most regulators still live in "analogue world", India's telecom tycoon Sunil Bharti Mittal said on Monday, nudging them to allow consolidation.

    27 Feb 2017, 7.26 pm  |  Source: PTI

  • ICRA upgrades rating outlook of APSEZ to stable

    ICRA upgrades rating outlook of APSEZ to stable  

    ICRA today said it has upgraded rating outlook of Adani Ports and Special Economic Zone (APSEZ) from 'negative' to 'stable' and reaffirmed long term rating at AA+.

    27 Feb 2017, 7.26 pm  |  Source: PTI

  • Air India keeping options `open` for 5 wide-body aircraft

    Air India keeping options 'open' for 5 wide-body aircraft  

    Airbus is likely to give a detailed presentation on the performance of its wide-body products including A350 to Air India on March 8.

    27 Feb 2017, 7.26 pm  |  Source: PTI

  • Protesting Ola, Uber cab drivers seek Gadkari`s intervention

    Protesting Ola, Uber cab drivers seek Gadkari's intervention  

    Over one lakh drivers attached to two cab aggregators, who began an indefinite strike here from February 22 demanding better incentives and stopping attachment of new cabs, today sought Union Transport Minister Nitin Gadkari's int...

    27 Feb 2017, 7.26 pm  |  Source: PTI

  • Itzcash invests in fintech company Finly

    Itzcash invests in fintech company Finly  

    Payments company Itzcash today said it has invested undisclosed sum in an expense management startup, Finly, eyeing what it pegged as a USD 25-billion opportunity.

    27 Feb 2017, 7.26 pm  |  Source: PTI

  • Surya Roshni to invest Rs 50 crore in LED R&D segment in 2 years

    Surya Roshni to invest Rs 50 crore in LED R&D segment in 2 years  

    Surya Roshni, a leading brand in lighting and steel pipe products, today said it is investing Rs 50 crore in R&D for LED products in two years.

    27 Feb 2017, 7.26 pm  |  Source: PTI

  • Will challenge TRAI`s clean chit to Jio offers: Vodafone

    Will challenge TRAI's clean chit to Jio offers: Vodafone  

    The new entrant in the telecom sector, Reliance Jio, said the two orders of TRAI have been challenged by Idea and Airtel before the Telecom Disputes Settlement Appellate Tribunal (TDSAT).

    27 Feb 2017, 7.24 pm  |  Source: PTI

  • P5 Asia to sell 3.3% stake in Idea for $190 mn on Tuesday: Srcs

    P5 Asia to sell 3.3% stake in Idea for $190 mn on Tuesday: Srcs  

    P5 Asia Investments, investment arm of PE firm Providence, has launched a book to sell Idea Cellular shares of upto USD 190 million, sources with direct knowledge said.

    27 Feb 2017, 7.24 pm  |  Source: Moneycontrol.com

  • LIC`s total premium income up 12% in nine months of FY17

    LIC's total premium income up 12% in nine months of FY17   

    LIC posted a robust growth of 12.43 percent in the total premium income at Rs 1.45 trillion for the first nine months of the current fiscal ended December 31, 2016 from Rs 1.29 trillion in the corresponding period a year ago.

    27 Feb 2017, 7.24 pm  |  Source: PTI

  • Railways partners with India Post in parcel business

    Railways partners with India Post in parcel business  

    The Railways will now provide space to postal department and private players to ferry their parcels in the guard's compartment of some selected trains.

    27 Feb 2017, 7.22 pm  |  Source: PTI

  • Cadila scouts for acquisitions, bets on US specialty biz

    Cadila scouts for acquisitions, bets on US specialty biz  

    The company said the ramping up of its specialty portfolio would initially focus on acquisitions, as developing a product would take around three years.

    27 Feb 2017, 6.32 pm  |  Source: Moneycontrol.com

  • Move to invest in equities over & beyond limit an exception: LIC

    Move to invest in equities over & beyond limit an exception: LIC  

    Earlier this month, the government divested 2 percent of its stake held in ITC held through the Specified Undertaking of the Unit Trust of India (SUUTI). LIC bought this 2 percent taking its overall shareholding to 16.32 percent.

    27 Feb 2017, 5.57 pm  |  Source: Moneycontrol.com

  • Pininfarina,Hybrid Kinetic ink 65mn euro pact for electric car

    Pininfarina,Hybrid Kinetic ink 65mn euro pact for electric car  

    Mahindra group-owned automotive design firm Pininfarina has inked a pact worth 65 million euros (around Rs 460 crore) with Hong-Kong listed Hybrid Kinetic Group for developing an electric car.

    27 Feb 2017, 5.54 pm  |  Source: PTI

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login