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  • TCS to articulate capital allocation policy in next few months

    TCS to articulate capital allocation policy in next few months  

    India's largest software services firm TCS will articulate in more "explicit" terms its capital allocation policy in the next few months for its shareholders.

    23 Feb 2017, 5.14 pm  |  Source: PTI

  • Ramadorai: Chandra best to head Tatas as he leads from the

    Ramadorai: Chandra best to head Tatas as he leads from the  

    N Chandrasekaran's strength to lead from the front makes him the right person to lead the USD 103-billion Tata Group, former TCS head S Ramadorai has said.

    23 Feb 2017, 5.14 pm  |  Source: PTI

  • M K Bhattacharya joins Indian Bank as ED

    M K Bhattacharya joins Indian Bank as ED  

    Public sector Indian Bank today announced the appointment of M K Bhattacharya as its Executive Director with immediate effect.

    23 Feb 2017, 5.14 pm  |  Source: PTI

  • Demonetisation impact: Amazon India cuts down on mobile phone Premium Sellers

    Demonetisation impact: Amazon India cuts down on mobile phone Premium Sellers  

    The online shopping giant, had trimmed down the discounts it offered on its mobile phones by 6-10 percent after the cash ban, as mobile phone sales slipped by 60 percent.

    23 Feb 2017, 5.07 pm  |  Source: Moneycontrol.com

  • No plans to shut down film production business: Balaji Telefilms

    No plans to shut down film production business: Balaji Telefilms  

    Sameer Nair, Group CEO of Balaji Telefilms spoke about technical trials that are currently underway for its app - ALT and TV business that is coming up.

    23 Feb 2017, 4.34 pm  |  Source: CNBC-TV18

  • Bitcoin players join hands to regulate Indian cryptocurrency mkt

    Bitcoin players join hands to regulate Indian cryptocurrency mkt  

    Bitcoin startups Zebpay, Unocoin, Coinsecure and Searchtrade on Thursday jointly launched Digital Asset and Blockchain Foundation of India (DABFI) for the orderly and transparent growth of virtual currency market.

    23 Feb 2017, 4.28 pm  |  Source: Moneycontrol.com

  • FinMin seeks applications for post of MDs at IIFCL, IFCI

    FinMin seeks applications for post of MDs at IIFCL, IFCI  

    The post of MD at the country's oldest financial institution IFCI has been vacant since December 12 while vacancy for the head of IIFCL would arise in June.

    23 Feb 2017, 3.48 pm  |  Source: PTI

  • Varun Beverages hikes stake in Zambia subsidiary to 90%

    Varun Beverages hikes stake in Zambia subsidiary to 90%  

    "Varun Beverages has increased its stake in its Zambia subsidiary, Varun Beverages (Zambia) Ltd, to 90 percent from 60 percent. VBL has been successfully running the Zambia operations since its acquisition in 2016," the company sa...

    23 Feb 2017, 3.48 pm  |  Source: PTI

  • M&A activity scales 6-year high in 2016 with big-ticket deals:EY

    M&A activity scales 6-year high in 2016 with big-ticket deals:EY  

    The report said a total of 867 deals with disclosed value of USD 56.2 billion were announced during 2016, up 87 percent over the previous year, while the number of transactions declined by 2 percent.

    23 Feb 2017, 3.36 pm  |  Source: PTI

  • VW, Tata Motors may accelerate partnership talks in Geneva

    VW, Tata Motors may accelerate partnership talks in Geneva  

    The two companies are understood to have been holding discussions for a while over the possibility of joining hands and finding synergies, keeping in view the technological developments such as autonomous driving and shared mobili...

    23 Feb 2017, 3.36 pm  |  Source: PTI

  • HDFC Bank trades settled smoothly, foreign holding cap intact

    HDFC Bank trades settled smoothly, foreign holding cap intact  

    Buying spree by foreign investors had led to a breach of their maximum purchase limit in HDFC Bank on February 17.

    23 Feb 2017, 3.36 pm  |  Source: PTI

  • Expect biz to return to normalcy this quarter: Harsh Mariwala

    Expect biz to return to normalcy this quarter: Harsh Mariwala  

    Expect the business to return to normalcy this quarter, says Harsh Mariwala, Chairman and MD of Marico.

    23 Feb 2017, 3.30 pm  |  Source: CNBC-TV18

  • Asset quality of banks to worsen in Q4FY17 than Q3: Moodys

    Asset quality of banks to worsen in Q4FY17 than Q3: Moodys   

    Srikanth Vadlamani of Moody's Investors Service says broader credit growth will be lower in Q4 than before demonetisation levels.

    23 Feb 2017, 3.19 pm  |  Source: CNBC-TV18

  • Jet Airways, Hong Kong Airlines in codeshare partnership

    Jet Airways, Hong Kong Airlines in codeshare partnership  

    As part of the pact, Jet Airways will place its marketing code "9W" on Hong Kong Airlines' flights operating between Hong Kong and Okinawa and Tokyo in Japan, Denpasar in Indonesia, Hanoi in Vietnam, Bangkok in Thailand and Auckla...

    23 Feb 2017, 3.00 pm  |  Source: PTI

  • General insurance ind growing in a big way: New India Assurance

    General insurance ind growing in a big way: New India Assurance   

    New India Assurance will continue to outperform the general insurance industry, says G Srinivasan, CMD of the company.

    23 Feb 2017, 2.47 pm  |  Source: CNBC-TV18

  • ICICI Bank acquires 81.44 cr shares in JPVL

    ICICI Bank acquires 81.44 cr shares in JPVL  

    "ICICI Bank Ltd has acquired 81,44,90,000 shares of Jaipraskash Power Ventures Ltd by conversion of debentures into equity," the company said in a BSE filing.

    23 Feb 2017, 2.38 pm  |  Source: PTI

  • TFA to cut transaction costs, boost exports: FIEO

    TFA to cut transaction costs, boost exports: FIEO  

    The agreement, which seeks to ease customs norms, came into effect yesterday with two-thirds of WTO members ratifying the pact.

    23 Feb 2017, 2.26 pm  |  Source: PTI

  • MobiKwik to invest Rs 300 cr for business growth

    MobiKwik to invest Rs 300 cr for business growth  

    The increase in user base is also expected to boost MobiKwik's annual Gross Merchandise Value (GMV) to USD 10 billion by end of the year from the current USD 2 billion, the company said in a statement here.

    23 Feb 2017, 2.26 pm  |  Source: PTI

  • Industry may see additional Rs 60k cr MF inflow: Indiabulls Hsg

    Industry may see additional Rs 60k cr MF inflow: Indiabulls Hsg   

    Gagan Banga of Indiabulls Housing Finance told CNBC-TV18 he expected roughly Rs 60,000 crore of additional funds to come the way of the top rated housing finance companies from this move.

    23 Feb 2017, 2.07 pm  |  Source: CNBC-TV18

  • Chandrasekaran elected chairman of Tata group`s Indian Hotels

    Chandrasekaran elected chairman of Tata group's Indian Hotels  

    "N Chandrasekaran has been elected as the Chairman of the Board of Directors of the Company with effect from February 22, 2017 vide a written resolution of the Board," IHCL said in a BSE filing.

    23 Feb 2017, 2.00 pm  |  Source: PTI

  • Renault launches Kwid variant priced at Rs 3.54 lakh

    Renault launches Kwid variant priced at Rs 3.54 lakh  

    The new variant -- Kwid RXL 1.0L SCe (Smart Control efficiency) -- comes with both manual and automated manual transmission (AMT).

    23 Feb 2017, 1.40 pm  |  Source: PTI

  • KTM Duke 200 and 390 launch: How 2017 models stack up

    KTM Duke 200 and 390 launch: How 2017 models stack up  

    The Duke 200 was launched at a price of Rs 1.43 lakh, while the Duke 390 costs Rs 2.25 lakh. There was a surprise launch of the Duke 250 too priced at Rs 1.73 lakh.

    23 Feb 2017, 1.35 pm  |  Source: Moneycontrol.com

  • Black Money War: Two lakh shell companies under RoC scanner for money laundering

    Black Money War: Two lakh shell companies under RoC scanner for money laundering  

    More than 2 lakh inactive companies are under the scanner of the Registrar of Companies (RoC) as the government looks to crackdown on shell companies used for evading taxes.

    23 Feb 2017, 12.52 pm  |  Source: Moneycontrol.com

  • Tata Motors mulls raising Rs 500 cr via NCDs

    Tata Motors mulls raising Rs 500 cr via NCDs  

    "The company is desirous of offering the sixth series of its rated, listed, unsecured, redeemable, NCDs aggregating to Rs 500 crore and in this regard is holding a meeting of its duly constituted Committee of the Board on March 2,...

    23 Feb 2017, 12.42 pm  |  Source: PTI

  • Rs 2400 cr to be invested in next 5yrs to promote tourism in J&K

    Rs 2400 cr to be invested in next 5yrs to promote tourism in J&K  

    The Centre along with the Jammu and Kashmir government will be investing Rs 2400 crore over the next five years to give a boost to tourism in the picturesque state with a focus on unexplored and new regions like Kargil.

    23 Feb 2017, 12.42 pm  |  Source: PTI

  • Infibeam gets shareholder nod to issue warrants

    Infibeam gets shareholder nod to issue warrants   

    Infibeam has received shareholder's approval for issue of warrants to Bennett Coleman at a price of Rs 1,375. The board approval for the issue had come in January. "With this new announcement, there is a lot of growth opportunitie...

    23 Feb 2017, 12.41 pm  |  Source: CNBC-TV18

  • Growth to pick in FY18; see more resources from MFs: Repco Home

    Growth to pick in FY18; see more resources from MFs: Repco Home   

    Growth for the company slowed down in the third quarter to 20-21 percent from 25 percent due to demonetisation and Q4 growth would also remain around similar levels, says V Raghu, ED, Repco Home Finance, adding that pickup would b...

    23 Feb 2017, 12.39 pm  |  Source: CNBC-TV18

  • Jaguar launches locally made XF at Rs 47.5 lakh

    Jaguar launches locally made XF at Rs 47.5 lakh  

    The Jaguar XF will be available in a 2.0 litre Ingenium diesel engine with a power output of 132 kW and a 2.0 litre petrol engine with a power output of 177 kW.

    23 Feb 2017, 12.28 pm  |  Source: Moneycontrol.com

  • JLR launches Made-in-India Jaguar XF at Rs 47.50 lakh onwards

    JLR launches Made-in-India Jaguar XF at Rs 47.50 lakh onwards  

    The all-new Jaguar XF will be available in two options -- a 2-litre Ingenium diesel engine with a power output of 132 kW and a 2-litre petrol engine with a power output of 177 kW, the company said in a statement.

    23 Feb 2017, 12.08 pm  |  Source: PTI

  • NTPC drops plan to exit BHEL JV, govt forms panel to revive it

    NTPC drops plan to exit BHEL JV, govt forms panel to revive it  

    The development comes in the wake of the ministry of power setting up a committee to explore ways to infuse life into the struggling equipment maker for power plants. Bharat Heavy Electricals Chairman and Managing Director Atul So...

    23 Feb 2017, 12.06 pm  |  Source: Moneycontrol.com

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