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  • `CVs to bounce back, transporters getting used to e-payments`

    'CVs to bounce back, transporters getting used to e-payments'  

    VE Commercial Vehicles CEO Vinod Aggarwal is positive of a sales rise in December. Aggarwal’s optimism stems from transporters getting used to cashless economy through modes such as prepaid cards, e-payments and RFID toll cards....

    09 Dec 2016, 3.13 pm  |  Source: CNBC-TV18

  • Reached out to 3 lk people as part of Jan Dhan Yojana:Bartronics

    Reached out to 3 lk people as part of Jan Dhan Yojana:Bartronics   

    Bartronics has helped banks so far reached out to 3 lakh people as part of Jan Dhan Yojana, says K Udai Sagar, Managing Director of the company. It is currently working in tandem with Andhra Bank. Bank of Maharashtra is a potentia...

    09 Dec 2016, 3.11 pm  |  Source: CNBC-TV18

  • CCI slaps Rs 12,918 cr fine in 327 cases: Government

    CCI slaps Rs 12,918 cr fine in 327 cases: Government  

    Out of the penalty imposed, a total of Rs 10,454.08 crore have been stayed by the Competition Appellate Tribunal, various courts, including the Supreme Court, and Rs 2,427.90 have been dismissed during the period, Minister of Stat...

    09 Dec 2016, 3.02 pm  |  Source: PTI

  • No growth in wholesale market yet, says Jyothy Labs MD

    No growth in wholesale market yet, says Jyothy Labs MD   

    Speaking to CNBC-TV18, K Ullas Kamath, Joint MD and CFO of Jyothy Laboratories said, growth is still not there in the wholesale market.

    09 Dec 2016, 2.58 pm  |  Source: CNBC-TV18

  • `Post-demonetisation best time to invest in property`

    'Post-demonetisation best time to invest in property'  

    The three-day show is playing host to top developers across India with thousands of various properties ranging from apartments, villas, row houses, plots, commercial to retail properties to suit their budget.

    09 Dec 2016, 2.58 pm  |  Source: PTI

  • Digital revenues growing at 40-45% annually: Aurionpro

    Digital revenues growing at 40-45% annually: Aurionpro  

    Speaking to CNBC-TV18, Amit Sheth, Co-Chairman and MD of Aurionpro Solutions, discusses how digitisation will impact companies that are into cashless payments and solutions.

    09 Dec 2016, 2.55 pm  |  Source: CNBC-TV18

  • Eye 25-30% growth in H2FY17; reduce long-term debt: Gayatri

    Eye 25-30% growth in H2FY17; reduce long-term debt: Gayatri   

    The company is expecting ramp up in execution in the third quarter. Focus is also on reducing long-term loans, TV Sandeep Reddy, MD of Gayatri Projects said.

    09 Dec 2016, 2.53 pm  |  Source: CNBC-TV18

  • Rs 86K cr orders will strengthen Make in India: Automotive Axles

    Rs 86K cr orders will strengthen Make in India: Automotive Axles   

    In an interview to CNBC-TV18’s Nigel D’Souza and Reema Tendulkar, N Muthukumar, President and Whole Time Director at Automotive Axles spoke about the impact on the company if orders worth Rs 86,350 crore are awarded to local d...

    09 Dec 2016, 2.50 pm  |  Source: CNBC-TV18

  • CCI rejects complaint against HP on laptop sale, service

    CCI rejects complaint against HP on laptop sale, service  

    Terming the dispute as a "purely consumer issue", the Competition Commission of India (CCI) rejected the complaint, saying there is no competition issue involved.

    09 Dec 2016, 1.44 pm  |  Source: PTI

  • India expresses to World Bank report on Doing Business

    India expresses to World Bank report on Doing Business  

    Government is aware of the latest analysis of the World Bank's report in which India has been ranked 172 amongst 190 countries surveyed in the matter of paying taxes.

    09 Dec 2016, 1.44 pm  |  Source: PTI

  • Expect big change in sector due to GST: Gitanjali Exports

    Expect big change in sector due to GST: Gitanjali Exports   

    Average jewelley and gold coin sales during November to January are likely at around 100-110 tonnes, said Sanjeev Agarwal, CEO of Gitanjali Export in an interview to CNBC-TV18.

    09 Dec 2016, 1.23 pm  |  Source: CNBC-TV18

  • Invested over Rs 500 cr in 5 yrs on e-products: Intellect Design

    Invested over Rs 500 cr in 5 yrs on e-products: Intellect Design   

    Intellect Design Arena provides digital solutions called "Digital Face" to SMEs. It has 50 clients so far. It also has a payment wallet called "Pay123".

    09 Dec 2016, 1.02 pm  |  Source: CNBC-TV18

  • M&M to curb production in December to adjust inventory

    M&M to curb production in December to adjust inventory  

    "The company will be undertaking scheduled maintenance shutdown at some of its automotive and tractor plants in December 2016," Mahindra & Mahindra said in a BSE filing.

    09 Dec 2016, 12.50 pm  |  Source: PTI

  • Maruti, Ola join hands to train aspiring drivers

    Maruti, Ola join hands to train aspiring drivers  

    Under a Memorandum of Understanding signed between the two, the exercise aims to benefit 40,000 individuals/ Ola drivers-partners in safe driving over a period of three years, Maruti Suzuki India (MSI) said in a statement.

    09 Dec 2016, 12.42 pm  |  Source: PTI

  • Lanco assets get interest from local, foreign funds, Essel Infra

    Lanco assets get interest from local, foreign funds, Essel Infra  

    Besides Essel Infra, investment manager IDFC Alternatives, US-based private equity firm I Squared Capital and Uniquest Infra Ventures Pvt Ltd -- a joint venture of Malaysia’s UEM Group and IDFC Ltd -- are learnt to have expresse...

    09 Dec 2016, 12.38 pm  |  Source: Moneycontrol.com

  • Demonetisation: No lay-offs at Infibeam; shift to cashless improving business

    Demonetisation: No lay-offs at Infibeam; shift to cashless improving business   

    Infibeam will soon provide online e-commerce platform services to Sears Holding, an American company that runs retail stores like Sears and Kmart. Infibeam Director Neeru Sharma says the deal is in line with the company's growth s...

    09 Dec 2016, 12.00 pm  |  Source: CNBC-TV18

  • IL&FS Engg lowest bidder for Jharkhand rural electrification

    IL&FS Engg lowest bidder for Jharkhand rural electrification  

    "Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY) RE contracts are being funded by the Rural Electrification Corporation (REC). The completion schedule of the works is 24 months," the infrastructure company said in a BSE filing.

    09 Dec 2016, 12.00 pm  |  Source: PTI

  • Power Mech bags 4 orders worth Rs 250 cr from Tamil Nadu

    Power Mech bags 4 orders worth Rs 250 cr from Tamil Nadu   

    In an interview to CNBC-TV18, S Kishore Babu, CMD of Power Mech spoke about the latest happenings in his company and sector.

    09 Dec 2016, 11.33 am  |  Source: CNBC-TV18

  • NSE IPO may be marginally delayed due to Ramkrishna`s exit

    NSE IPO may be marginally delayed due to Ramkrishna's exit  

    In an interview to Business Standard, National Stock Exchange (NSE) Chairman Ashok Chawla said there may be marginal delay in the initial public offering (IPO) of NSE after the exit of CEO and Managing Director Chitra Ramkrishna. ...

    09 Dec 2016, 11.31 am  |  Source: Moneycontrol.com

  • Collections up as cash crunch pain reducing: Muthoot Fin

    Collections up as cash crunch pain reducing: Muthoot Fin   

    The pain of the demonetisation drive seems to be reducing, says George Alexander Muthoot, MD of Muthoot Finance. He expects no de-growth in this quarter and has a growth target of 18-20 percent as things get better.

    09 Dec 2016, 11.19 am  |  Source: CNBC-TV18

  • Expect EBITDA/tn to improve to Rs 8k/tn in H2FY17: Jindal Steel

    Expect EBITDA/tn to improve to Rs 8k/tn in H2FY17: Jindal Steel   

    Ravi Uppal, MD & CEO of Jindal Steel and Power says steel prices have been hiked to compensate for higher cost of production due to rising input costs. Prices of raw materials like coking coal anf pellet have shot up.

    09 Dec 2016, 11.19 am  |  Source: CNBC-TV18

  • Max Ventures and Industries acquires 2% stake in Nykaa

    Max Ventures and Industries acquires 2% stake in Nykaa  

    "Max I Ltd (a wholly-owned subsidiary of Max Ventures and Industries Ltd) has acquired 2,69,955 shares of Rs 10 each of FSN E-Commerce Ventures Private on December 8, 2016, which represents its 1.99 percent equity capital," Max Ve...

    09 Dec 2016, 11.16 am  |  Source: PTI

  • Paytm CEO sells 1% stake to raise funds for payments bank

    Paytm CEO sells 1% stake to raise funds for payments bank  

    After selling his stake to an undisclosed shareholder, Paytm founder and CEO Vijay Shekhar Sharma now owns 20.33 percent in One97.

    09 Dec 2016, 11.00 am  |  Source: Moneycontrol.com

  • TCS, Deloitte, EY make it to shortlist for GST interface

    TCS, Deloitte, EY make it to shortlist for GST interface  

    GSTN, the company that is tasked with building the world's biggest and most complex tax framework, short-listed these 34 companies to be the GST Suvidha Provider (GSP).

    09 Dec 2016, 11.00 am  |  Source: PTI

  • Demonetisation impact: Car makers extend production break in Dec

    Demonetisation impact: Car makers extend production break in Dec  

    All major players – Maruti, Hyundai, M&M and Honda – will close manufacturing units this month and next month. While insiders are blaming demonetisation for the extended shutdown, Maruti and Hyundai have said it is as per prev...

    09 Dec 2016, 10.57 am  |  Source: Moneycontrol.com

  • Flipkart`s first pvt label under `Smart Buy` to go live Friday

    Flipkart's first pvt label under 'Smart Buy' to go live Friday  

    In a bid to improve margins, e-commerce major Flipkart has launched its first private label business under an umbrella brand – Flipkart Smart Buy, reports the Mint today.

    09 Dec 2016, 9.31 am  |  Source: Moneycontrol.com

  • India Ratings downgrades Wockhardt ratings, outlook negative

    India Ratings downgrades Wockhardt ratings, outlook negative  

    Wockhardt's outlook is negative and its long-term issuer rating has been downgraded to 'IND AA-' from 'IND AA', the rating agency said in a statement here.

    09 Dec 2016, 9.30 am  |  Source: PTI

  • Praj Ind inks MoUs with IOC, BPCL for bio-ethanol plants

    Praj Ind inks MoUs with IOC, BPCL for bio-ethanol plants  

    The memoranda of understanding (MoU) were signed yesterday on the sidelines of PETROTECH 2016 held here.

    09 Dec 2016, 9.30 am  |  Source: PTI

  • SBI Card, Goibibo to offer travel discounts via e-Store app

    SBI Card, Goibibo to offer travel discounts via e-Store app  

    "Cardholders can book flights, buses and hotels with ease on Goibibo through e-Store, while availing exclusive discounts and offers," SBI Card said in a release.

    09 Dec 2016, 8.54 am  |  Source: PTI

  • Honda Cars sales slip by 20-30% after demonetisation

    Honda Cars sales slip by 20-30% after demonetisation  

    "Auto sales have dipped by 20-30 percent in retail market since November 9. But, I don't see retrenchment in the sector as things are going to improve shortly," Honda Cars India senior VP and director Raman Kumar Sharma told repor...

    09 Dec 2016, 8.54 am  |  Source: PTI

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