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  • Maintain operating margin of 18-22% in FY17: Vardhman Textiles

    Maintain operating margin of 18-22% in FY17: Vardhman Textiles   

    The company reported a subdued topline growth in the first quarter. This was due to decline in price of yarn and fabric, the the two biggest business segments for the company by almost 4 percent. But Jain says efforts were made to...

    24 Aug 2016, 6.10 pm  |  Source: CNBC-TV18

  • Unacademy raises funds from Flipkart`s Bansals, others

    Unacademy raises funds from Flipkart's Bansals, others  

    Unacademy allows educators to create courses using their app on various subjects, including exclusive content for various competitive exams. Over 100 educators have created more than 200 courses in the last eight months using Unac...

    24 Aug 2016, 5.02 pm  |  Source: PTI

  • Expect Max Bupa to break even in 2018: Max India MD

    Expect Max Bupa to break even in 2018: Max India MD   

    Max India's hospitality business has grown by 30 percent in the last six years, he says. The company plans to expand its bed capacity to 5,000 from the current 2,500. Land has been acquired for these expansion plans.

    24 Aug 2016, 4.48 pm  |  Source: CNBC-TV18

  • Brigade wants to transform realty through REAP accelerator

    Brigade wants to transform realty through REAP accelerator   

    The aim is to encourage start-ups in the real estate, hospitality, retail and education spaces, said MR Jaishankar, CMD, Brigade Group.

    24 Aug 2016, 4.47 pm  |  Source: CNBC-TV18

  • Fitch reaffirms Bharat Petroleum`s ratings with stable outlook

    Fitch reaffirms Bharat Petroleum's ratings with stable outlook  

    Fitch cited strong linkage of the second-largest oil marketer with the state as the primary reason for its stance.

    24 Aug 2016, 4.44 pm  |  Source: PTI

  • ICRVL eyes 25% share of bed linen market by 2021

    ICRVL eyes 25% share of bed linen market by 2021  

    ICRVL here today announced its entry into Rs 13,000 crore domestic bed linen market with the launch of 'Boutique Living' range of Bed Linen products. Range of 'Boutique Living' products will be available across the country by the ...

    24 Aug 2016, 4.44 pm  |  Source: PTI

  • Essar Vizag terminal handles 2.19 MT iron ore in Q1

    Essar Vizag terminal handles 2.19 MT iron ore in Q1  

    "During Q1 2016-17, EVTL handled 2.19 MT (29 vessels) of cargo as against 0.31 MT (6 vessels) in Q1 2015-16 in the backdrop of improving Indian steel sector performance and project upgradation works," EPL said in a statement.

    24 Aug 2016, 4.32 pm  |  Source: PTI

  • NephroPlus raises Rs 100 cr in funding for expansion

    NephroPlus raises Rs 100 cr in funding for expansion  

    The company is looking to add 400 new centres across the country in next five years taking the total numbers of centres to 500.

    24 Aug 2016, 4.32 pm  |  Source: PTI

  • Mobile handset shipment to cross 75 mn in Q3: CMR

    Mobile handset shipment to cross 75 mn in Q3: CMR  

    According to the report, 65.9 million handsets were shipped in the second quarter, up over 24 percent from January-March period.

    24 Aug 2016, 4.32 pm  |  Source: PTI

  • IndiGo may lose 11 jets of Tigerair, Aditya Ghosh denies

    IndiGo may lose 11 jets of Tigerair, Aditya Ghosh denies  

    In October 2014, Tigerair had subleased 12 of its surplus aircraft to IndiGo. Each aircraft was sub leased for three and four years.

    24 Aug 2016, 4.19 pm  |  Source: Moneycontrol.com

  • Manappuram Finance looks to raise Rs 200 cr via bonds

    Manappuram Finance looks to raise Rs 200 cr via bonds  

    The company said its Financial Resources and Management Committee of Board of Directors will consider the fund raise plan at their meeting scheduled for August 29.

    24 Aug 2016, 4.14 pm  |  Source: PTI

  • PowerGrid seeks shareholder nod to raise Rs 14,000 crore

    PowerGrid seeks shareholder nod to raise Rs 14,000 crore  

    The special resolution to raise up to Rs 14,000 crore is listed on the agenda of its annual general meeting scheduled for September 16, 2016, the company said in its notice for the meet.

    24 Aug 2016, 4.10 pm  |  Source: PTI

  • Bengal must show opportunities exist for investments: Mistry

    Bengal must show opportunities exist for investments: Mistry  

    "Opportunities have to show themselves in West Bengal. When the opportunities show themselves, we make investments irrespective of political dispensation," Mistry replied to shareholders at Tata Global Beverages Ltd (TGBL) AGM whe...

    24 Aug 2016, 4.02 pm  |  Source: PTI

  • Assets with portfolio managers up at Rs 11.2 lakh cr in July-end

    Assets with portfolio managers up at Rs 11.2 lakh cr in July-end  

    Asset base of portfolio managers, who mostly manage investments or provide advisory services to High Networth Individuals (HNIs), stood at Rs 9.77 lakh crore in July 2015.

    24 Aug 2016, 4.02 pm  |  Source: PTI

  • Lupin arm gets USFDA nod to market generic Zyvox tablets

    Lupin arm gets USFDA nod to market generic Zyvox tablets  

    The company's US-based subsidiary Gavis Pharmaceuticals has received final approval for its linezolid tablets in 600 mg strength from the US Food and Drug Administration (USFDA), Lupin said in a BSE filing.

    24 Aug 2016, 4.00 pm  |  Source: PTI

  • PC shipments dip 2.2% to 2.14 mn units in Q2: IDC

    PC shipments dip 2.2% to 2.14 mn units in Q2: IDC  

    "Consumer spending throughout the quarter remained lukewarm. However, owing to seasonality, the quarter ended up with a positive momentum," IDC India Senior Market Analyst Client Devices Manish Yadav said.

    24 Aug 2016, 3.52 pm  |  Source: PTI

  • Pankaj Harjai appointed head of Lenovo`s SMB business

    Pankaj Harjai appointed head of Lenovo's SMB business  

    Additionally, Pankaj has also taken charge of Lenovo's commercial channel business. He will be reporting to Rahul Agarwal, Managing Director, Lenovo India, the company said in a release.

    24 Aug 2016, 3.52 pm  |  Source: PTI

  • Aim to reduce debt by Rs 200 cr this fiscal: NCC Ltd

    Aim to reduce debt by Rs 200 cr this fiscal: NCC Ltd   

    In an interview with CNBC-TV18, YD Murthy, Executive VP of Finance at NCC said that the company plans to reduce its debt by around Rs 200 crore and expects to bring down finance cost by Rs 90 crore in this fiscal.

    24 Aug 2016, 3.39 pm  |  Source: CNBC-TV18

  • CTTC-Bhubaneswar signs agreement with ISRO

    CTTC-Bhubaneswar signs agreement with ISRO  

    Under the agreement, Indian Space Research Organisation would transfer three types of temperature-sensor technology to CTTC to further strengthen its manufacturing capability, Managing Director of CTTC-Bhubaneswar, S Maity said in...

    24 Aug 2016, 3.36 pm  |  Source: PTI

  • Odisha to woo investors in Bengaluru

    Odisha to woo investors in Bengaluru  

    The state government has invited around 250 large and medium industries from sectors like engineering, IT, hardware, aviation, textile, medical devices, lubricants, aerospace, beverages, telecom, defence, transport and consumer du...

    24 Aug 2016, 3.30 pm  |  Source: PTI

  • Inox Leisure to pump in Rs 200 cr to add 60 screens in 2016-17

    Inox Leisure to pump in Rs 200 cr to add 60 screens in 2016-17  

    "In addition to 1 property, 5 screens and 617 seats (already opened), we expect to open another 12 properties, 54 screens and 10,786 seats this financial year," Deepak Asher, Inox Leisure Director and Group Head, told analysts dur...

    24 Aug 2016, 3.24 pm  |  Source: PTI

  • Tata Steel starts exports of Ferroshots from Kalinganagar

    Tata Steel starts exports of Ferroshots from Kalinganagar  

    Rajiv Kumar, Vice President (Operation) of Tata Steel Kalinganagar Plant, flagged off the first export consignment to a South East Asian country, yesterday, the company said in a statement today.

    24 Aug 2016, 3.24 pm  |  Source: PTI

  • How Ola, Uber allowed to run on tourist permit? HC asks govt

    How Ola, Uber allowed to run on tourist permit? HC asks govt  

    A division bench of justices S C Dharmadhikari and B P Colabawalla was hearing a petition filed by Association of radio taxis, which include cabs like Meru, Mega and Tabcabs, seeking a complete ban on website and app-based cab com...

    24 Aug 2016, 3.16 pm  |  Source: PTI

  • ManpowerGroup to acquire Ciber Norway

    ManpowerGroup to acquire Ciber Norway  

    "The acquisition of Ciber Norway complements the organic growth of ManpowerGroup's own professional resourcing and project-based workforce solutions arm, Experis, and will help meet growing demand in the IT sector," the company sa...

    24 Aug 2016, 3.16 pm  |  Source: PTI

  • MEP mulling rights/preferential issue for share capital increase

    MEP mulling rights/preferential issue for share capital increase   

    The incremental capital will be brought in through either preferential shares or rights issue and the total quantum of fund raising will be in-line with requirement of equity to be infused for the projects, said Jayant Mhaiskar, V...

    24 Aug 2016, 3.15 pm  |  Source: CNBC-TV18

  • Cos raise Rs 26,000 cr via bond issues on NSE e-book platform

    Cos raise Rs 26,000 cr via bond issues on NSE e-book platform  

    The platform NSE-EBP (Electronic Debt Bidding Platform) was launched on July 1, to facilitate online bidding for private placement of debt securities. The rival exchange BSE had also launched the platform -- BSE-BOND -- on the sam...

    24 Aug 2016, 3.08 pm  |  Source: PTI

  • CP Kukreja bags $60 mn project in Kuala Lumpur

    CP Kukreja bags $60 mn project in Kuala Lumpur  

    Bandar Malaysia will cover 200 million sq ft of gross floor area, spread over 500 acres.

    24 Aug 2016, 3.04 pm  |  Source: PTI

  • Expansion on-stream by Jan; FY17 EPS to top FY16: Cosmo Films

    Expansion on-stream by Jan; FY17 EPS to top FY16: Cosmo Films   

    In an interview with CNBC-TV18, Ashok Jaipuria, CMD, Cosmo Films, provided an update over the company's expansion plans and said the company should see its profits growing over last year's.

    24 Aug 2016, 2.55 pm  |  Source: CNBC-TV18

  • Walmart reviewing cotton certification records of Welspun

    Walmart reviewing cotton certification records of Welspun  

    Confirming that Welspun supplies a number of products to Walmart, a spokesperson of the US retail major said: "We are currently reviewing Welspun cotton certification records and plan to have additional conversations with Welspun....

    24 Aug 2016, 2.40 pm  |  Source: PTI

  • Jiangsu Longzhe may buy majority stake in Diamond Power

    Jiangsu Longzhe may buy majority stake in Diamond Power  

    EY was mandated by the company's lenders to evaluate alternative options and finalise the best option in June 2016 and this exercise leads to conclusion of a fair and transparent process of investor induction followed by the lende...

    24 Aug 2016, 2.36 pm  |  Source: PTI

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