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  • Expect record tractor sales in FY18 if monsoon good: Escorts

    Expect record tractor sales in FY18 if monsoon good: Escorts   

    The tractor sales of Escorts peaked in FY14, when it sold around 69,000 tractors. Madan feels this year the company may report similar numbers. It has sold close to 16,300 tractors in the first quarter.

    29 Jul 2016, 10.34 am  |  Source: CNBC-TV18

  • May look at hiking prices if raw material costs increase: CEAT

    May look at hiking prices if raw material costs increase: CEAT   

    The company has passed on price cut of 8-9 percent to its consumers, and has increased ad expenditure 70 -80 percent year-on-year. This is what has impacted CEAT's margins, says Anant Goenka, MD, CEAT.

    29 Jul 2016, 10.16 am  |  Source: CNBC-TV18

  • Anglo American rebuffs merger interest from Anil Agarwal: Report

    Anglo American rebuffs merger interest from Anil Agarwal: Report  

    Agarwal, who has majority control of Hindustan Zinc Ltd through Vedanta Ltd, contacted Anglo to discuss potential ideas including a combination with the Indian zinc miner, Bloomberg reported.

    29 Jul 2016, 9.56 am  |  Source: Reuters

  • IFFCO, Deepak Fertilizer eyeing Tata Chem`s fertiliser business

    IFFCO, Deepak Fertilizer eyeing Tata Chem's fertiliser business   

    According to media reports, Tata Chemicals was quoting around Rs 5000 crore last time, and had to call off the process as no buyer was willing to pay that much

    29 Jul 2016, 9.52 am  |  Source: CNBC-TV18

  • Cognizant acquires Idea Couture

    Cognizant acquires Idea Couture  

    Idea Couture, which specialises in designing and prototyping products, services and business models, will become part of Cognizant Digital Works, Cognizant said in a statement.

    29 Jul 2016, 9.42 am  |  Source: PTI

  • Piramal Realty launches commercial project in Kurla

    Piramal Realty launches commercial project in Kurla  

    Spread over 16.25 acres, the project, to be developed as a corporate park, will have independent buildings and multi-format office spaces ranging from over 3,200 sqft carpet area to over 1,00,000 sqft of contiguous carpet area on ...

    29 Jul 2016, 9.42 am  |  Source: PTI

  • Indian CFO optimism on biz environment climbs to 5-quarter high

    Indian CFO optimism on biz environment climbs to 5-quarter high  

    The Composite CFO Optimism Index for July-September (Q3 of 2016) rose by around 6 percent on a quarter-on-quarter basis and 16 percent year-on-year, Dun & Bradstreet said in a report.

    29 Jul 2016, 9.40 am  |  Source: PTI

  • `JNPT investing Rs 150 cr to install container scanners`

    'JNPT investing Rs 150 cr to install container scanners'  

    At present, it has only two scanners and containers take up to two days to pass through because of the long queues, port officials said.

    29 Jul 2016, 9.40 am  |  Source: PTI

  • Airtel pre-paid packs offer 67% more data in Tamil Nadu

    Airtel pre-paid packs offer 67% more data in Tamil Nadu  

    "Airtel customers will now enjoy more value on the existing packs and can add to their mobile internet experience by staying online longer and download more of their favourite content," the company said in a statement.

    29 Jul 2016, 9.38 am  |  Source: PTI

  • Mahindra launches hiring centre for farm equipment rental biz

    Mahindra launches hiring centre for farm equipment rental biz  

    Focused to bring in new age digital technology to the tractor rental business, TRRINGO is expected to significantly increase the reach of farm mechanization, the company said.

    29 Jul 2016, 9.38 am  |  Source: PTI

  • Hopeful of 10% revenue growth going ahead: Gujarat Alkalies

    Hopeful of 10% revenue growth going ahead: Gujarat Alkalies   

    GR Aloria, Chairman of Gujarat Alkalies and Chemicals said that he expects a 10 percent revenue growth.

    29 Jul 2016, 9.32 am  |  Source: CNBC-TV18

  • Will breakeven in cash; pare debt by monetising land: Adlabs Ent

    Will breakeven in cash; pare debt by monetising land: Adlabs Ent   

    Though the company saw a decline in its footfalls, realizations per user was up 21 percent, says Kapil Bagla, CEO of Adlabs Entertainment.

    29 Jul 2016, 9.32 am  |  Source: CNBC-TV18

  • Freecharge to manage Snapdeal`s Capital Assist Program

    Freecharge to manage Snapdeal's Capital Assist Program  

    Under the new arrangement, sellers on Snapdeal, Shopo and Freecharge will be able to access working capital in a time efficient and cost effective manner to grow their businesses.

    29 Jul 2016, 7.44 am  |  Source: PTI

  • India can do more to improve ease of doing business: US official

    India can do more to improve ease of doing business: US official  

    "One of the most important things the government can do right now is to improve the ease of doing business here," Adewale "Wally" Adeyemo, Deputy National Security Advisor for International Economic Affairs & Deputy Assistant to P...

    29 Jul 2016, 7.44 am  |  Source: PTI

  • Tata Sons says Docomo cannot seize its British assets

    Tata Sons says Docomo cannot seize its British assets  

    The company also said that though it has time till August 2, it hopes to deposit the entire amount of USD 1.17 billion with the registrar of the Delhi High Court by today.

    29 Jul 2016, 7.44 am  |  Source: PTI

  • Acche Din: HUL remains upbeat, says things will look up

    Acche Din: HUL remains upbeat, says things will look up   

    FMCG giants like Dabur and HUL have taken a beating these last few quarters as volume growth remains elusive. But Sanjiv Mehta, the MD & CEO of Hindustan Unilever, says there is every chance things will look up soon.

    28 Jul 2016, 9.41 pm  |  Source: CNBC-TV18

  • RBI fines UCO Bank Rs 1 cr for violation of c/a opening norms

    RBI fines UCO Bank Rs 1 cr for violation of c/a opening norms  

    RBI had carried out an inspection of books of accounts, internal control, compliance system and processes at one of the UCO bank's branches in May-June of 2015.

    28 Jul 2016, 9.08 pm  |  Source: PTI

  • Service tax dept to re-auction Mallya jet on Aug 18

    Service tax dept to re-auction Mallya jet on Aug 18  

    The earlier attempt at its auction had received a bid of Rs 1.09 crore as against the then reserve price of Rs 152 crore.

    28 Jul 2016, 9.08 pm  |  Source: PTI

  • LIC ties up with Axis Bank to sell life covers

    LIC ties up with Axis Bank to sell life covers  

    In one of the largest bancassurance partnerships since life insurance policy sale by banks was liberalised, industry behemoth LIC and third largest private sector lender Axis Bank today entered into a tie-up to sell the former's ...

    28 Jul 2016, 9.08 pm  |  Source: PTI

  • JP Associates fails on payment of NCDs due April 25

    JP Associates fails on payment of NCDs due April 25  

    Cash-strapped infrastructure firm Jaiprakash Associates Ltd (JAL) today said it has failed to pay a total of Rs 36.25 crore in principal installment and interest for NCDs due April 25.

    28 Jul 2016, 9.00 pm  |  Source: PTI

  • IDBI Bank cuts base rate by 10 bps to 9.65%

    IDBI Bank cuts base rate by 10 bps to 9.65%  

    Public sector IDBI Bank has reduced its base rate or minimum lending rate to 9.65 per cent per annum from from 9.75 per cent per annum earlier.

    28 Jul 2016, 9.00 pm  |  Source: PTI

  • eBay India claims 100 million product listings

    eBay India claims 100 million product listings  

    E-commerce marketplace eBay India today said shoppers can access over 100 million live product listings on eBay.in and its global easy buy platform geb.ebay.in across electronics, lifestyle, media and other categories.

    28 Jul 2016, 8.48 pm  |  Source: PTI

  • Goodricke`s FY16 export revenue touches Rs 143 cr

    Goodricke's FY16 export revenue touches Rs 143 cr  

    Goodricke's CEO and MD AN Singh said that the company has taken a strategic shift towards branded teas which give a steady flow of income although the returns are not high.

    28 Jul 2016, 8.46 pm  |  Source: PTI

  • Discovery appoints Karan Bajaj as Sr Vice President S Asia

    Discovery appoints Karan Bajaj as Sr Vice President S Asia  

    Discovery Networks Asia-Pacific has appointed Karan Bajaj as Senior Vice President and General Manager of South Asia with effect from October 17, 2016.

    28 Jul 2016, 8.34 pm  |  Source: PTI

  • CNBC-TV18 Exclusive: Maruti to relook Nexa after five years

    CNBC-TV18 Exclusive: Maruti to relook Nexa after five years   

    Speaking to CNBC-TV18, MD & CEO, Kenichi Ayukawa, Maruti Suzuki India, spoke on a range of topics. He said the Nexa initiative which sells premium cars will be evaluated after five years.

    28 Jul 2016, 8.28 pm  |  Source: CNBC-TV18

  • Fosun Pharma best fit due to global presence, size: Gland Pharma

    Fosun Pharma best fit due to global presence, size: Gland Pharma   

    Fosun Pharma complements the injectables platform created by Gland Pharma and provides scope to expand into front-end marketing, said Gland's Vice Chairman and Managing Director Ravi Penmetsa.

    28 Jul 2016, 6.25 pm  |  Source: CNBC-TV18

  • Users` woes regarding 4G conversion, porting out on TRAI radar

    Users' woes regarding 4G conversion, porting out on TRAI radar   

    The telecom regulator is exploring the idea of formulating new rules to protect consumers affected by spectrum trading deals or licence expiry, learns CNBC-TV18.

    28 Jul 2016, 6.19 pm  |  Source: Moneycontrol.com

  • Ban on diesel cars is corporate death penalty:Toyota tells NGT

    Ban on diesel cars is corporate death penalty:Toyota tells NGT  

    Leading car manufacturer Toyota has moved the National Green Tribunal arguing that the idea to ban diesel vehicles across the country was like a "corporate death penalty" as it impacts the existence of the company.

    28 Jul 2016, 5.24 pm  |  Source: PTI

  • Uber launches scheme for local taxis, autos

    Uber launches scheme for local taxis, autos  

    Taxi aggregator Uber today announced the 'Mi Pan Malak' scheme to encourage taxi and auto drivers across the megapolis to join its platform.

    28 Jul 2016, 5.16 pm  |  Source: PTI

  • Kesoram Ind to infuse Rs 600 cr in tyre biz, to acquire mine

    Kesoram Ind to infuse Rs 600 cr in tyre biz, to acquire mine  

    B K Birla group company Kesoram Industries will be infusing Rs 600 crore for acquiring a mining land and in the tyre business in the current fiscal.

    28 Jul 2016, 5.12 pm  |  Source: PTI

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