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

Business News

  • CEOs of Nifty cos earn 237 times their organisation`s median pay

    CEOs of Nifty cos earn 237 times their organisation's median pay  

    A report by Economic Times Intelligence group on the salary drawn by CEOs of Nifty companies’ pegs average annual remuneration at Rs 13 crore, nearly 237 times the median pay scale drawn by other employees at their respective co...

    24 Feb 2017, 10.54 am  |  Source: Moneycontrol.com

  • Tesla`s `close to the edge` cash foretells capital raise

    Tesla's 'close to the edge' cash foretells capital raise  

    Tesla Inc Chief Elon Musk has taken big risks repeatedly since going public in 2010, but investors were spooked on Thursday after he said the electric car company could get "close to the edge" as it burns cash ahead of its crucial...

    24 Feb 2017, 10.52 am  |  Source: Reuters

  • No child`s play; An ATM can also dispense Children`s Bank notes

    No child's play; An ATM can also dispense Children's Bank notes  

    ATMs are not designed to check the genuineness of currency notes at the time of dispensing. However, if a bank customer attempts to deposit fake currency, the machine will not accept.

    24 Feb 2017, 10.41 am  |  Source: Moneycontrol.com

  • Volvo eyes long haul transportation segment in India

    Volvo eyes long haul transportation segment in India  

    The company, which makes premium trucks for specialised sectors like mining, buses and construction equipment, also aims to cut logistics cost by achieving greater efficiency and minimising wastage.

    24 Feb 2017, 10.32 am  |  Source: PTI

  • Stayzilla to wind up biz following tough competition from rivals

    Stayzilla to wind up biz following tough competition from rivals  

    Chennai-based online hotel room aggregator Stayzilla is shutting down operations owing to tougher competition from bigger rivals and a tighter business environment.

    24 Feb 2017, 10.01 am  |  Source: Moneycontrol.com

  • MobiKwik to invest Rs 300 cr to expand user base, loyalty prog

    MobiKwik to invest Rs 300 cr to expand user base, loyalty prog  

    Digital wallet company MobiKwik will pump in Rs 300 crore this year to be used mainly on loyalty initiatives and expansion of user and merchant base.

    24 Feb 2017, 9.54 am  |  Source: PTI

  • We haven`t been approached by anyone: Axis Bank`s Shikha Sharma

    We haven't been approached by anyone: Axis Bank's Shikha Sharma  

    In a free-wheeling interview with Economic Times Axis Bank CEO Shikha Sharma said a marriage isn’t on the cards. She was responding to market speculation that a a bunch of suitors have come calling.

    24 Feb 2017, 9.43 am  |  Source: Moneycontrol.com

  • Hyundai will stick to 2 launches per year for next 3 yrs: Srcs

    Hyundai will stick to 2 launches per year for next 3 yrs: Srcs  

    CNBC-TV18 learns that Hyundai India will stick to its target of 2 launches per year for next 3 years.

    23 Feb 2017, 9.46 pm  |  Source: CNBC-TV18

  • Pharma body comes up with new guidelines on data integrity

    Pharma body comes up with new guidelines on data integrity  

    Data reliability or data integrity are often linked to allegations of data falsification or manipulation, which are cited as main reasons by US FDA for pulling up Indian companies as part of its regulatory scrutiny.

    23 Feb 2017, 9.27 pm  |  Source: Moneycontrol.com

  • Infosys seeks shareholder nod to amend Articles of Association

    Infosys seeks shareholder nod to amend Articles of Association  

    "The board has recommended the adoption of new Articles of Association of the company in conformity with the Companies Act, 2013 to the shareholders for approval," Infosys said in a BSE filing.

    23 Feb 2017, 9.24 pm  |  Source: PTI

  • Uniply Industries acquires 8.78% in UV Boards

    Uniply Industries acquires 8.78% in UV Boards  

    Plywood and laminate manufacturer Uniply Industries has acquired 8.78 percent stake in UV Boards for a undisclosed sum.

    23 Feb 2017, 9.10 pm  |  Source: PTI

  • ONGC to invest Rs 7,327 cr in four projects

    ONGC to invest Rs 7,327 cr in four projects  

    State-owned Oil and Natural Gas Corp (ONGC) today said it will invest Rs 7,327 crore in developing four oil and gas projects, including the Ratna field which it had got back from Essar Oil.

    23 Feb 2017, 9.10 pm  |  Source: PTI

  • K`taka govt asks striking Uber, Ola drivers to move labour court

    K'taka govt asks striking Uber, Ola drivers to move labour court  

    Karnataka government today asked the striking drivers attached to cab aggregators Uber and Ola to approach the Labour Court, as their strike with charter of demands entered the second day today.

    23 Feb 2017, 9.10 pm  |  Source: PTI

  • Swiss firm Geberit to enter b2c segment in India

    Swiss firm Geberit to enter b2c segment in India  

    Geberit, a leading European leader in sanitary technology and bathroom ceramics, is looking to foray into b2c (business-to-consumer) retail sales in India.

    23 Feb 2017, 9.10 pm  |  Source: PTI

  • 634 drugs on NPPA`s price ceiling non-compliant list

    634 drugs on NPPA's price ceiling non-compliant list  

    As many as 634 drugs of various strengths produced by firms, including Cipla, Abbott, Astrazeneca and Dr Reddy's, are "suspected" to be non-compliant with ceiling prices as notified by NPPA.

    23 Feb 2017, 9.10 pm  |  Source: PTI

  • Canara Bank to raise Rs 716 cr from stake sale in Can Fin

    Canara Bank to raise Rs 716 cr from stake sale in Can Fin  

    State-owned Canara Bank today said it expects to raise Rs 716 crore by part selling stake in its subsidiary Can Fin Home Finance.

    23 Feb 2017, 8.58 pm  |  Source: PTI

  • Hardcastle will continue to pay 4% royalty to McDonald`s

    Hardcastle will continue to pay 4% royalty to McDonald's  

    Hardcastle Restaurants, the franchisee of McDonald's for South-West India operations, will continue to pay 4 percent royalty to the American QSR operator till March 31, 2018.

    23 Feb 2017, 8.30 pm  |  Source: PTI

  • Bike rental aggregator Wheelstreet plans pan-India expansion

    Bike rental aggregator Wheelstreet plans pan-India expansion  

    "We plan to launch our services pan-India soon. There are over 40 cities in India which currently have an unorganised two-wheeler rental marketplace," Wheelstreet.in co-founder Moksha Srivastava said in a statement here.

    23 Feb 2017, 7.54 pm  |  Source: PTI

  • SBI to merge with associates from April 1

    SBI to merge with associates from April 1  

    State Bank of India (SBI) will merge its five associate banks with itself from April 1, in the largest consolidation exercise in the banking history of India.

    23 Feb 2017, 7.46 pm  |  Source: Moneycontrol.com

  • ADB, India ink $500 mn loan pact to expand power connectivity

    ADB, India ink $500 mn loan pact to expand power connectivity  

    India and the ADB today signed a USD 500 million loan pact to expand inter-regional power connectivity in the country, and strengthen transmission system to accommodate renewable energy-generation capacity.

    23 Feb 2017, 7.44 pm  |  Source: PTI

  • Cipla to sell animal health biz soon;focus on China, Brazil mkts

    Cipla to sell animal health biz soon;focus on China, Brazil mkts  

    Cipla is now concentrating on specific areas for growth. In emerging markets, Brazil and China are its priority markets, where measured approach will be taken, Umang Vohra, Managing Director of the company.

    23 Feb 2017, 7.37 pm  |  Source: CNBC-TV18

  • Infosys may announce $2.5 bn share buyback in April

    Infosys may announce $2.5 bn share buyback in April  

    The development comes after TCS announced a share buyback worth Rs 16,000 crore last week. It was preceded by Cognizant, while HCL Tech also said it was exploring the possibility of a buyback.

    23 Feb 2017, 7.32 pm  |  Source: Moneycontrol.com

  • Rasna eyes Rs 250-cr revenue from snack category

    Rasna eyes Rs 250-cr revenue from snack category  

    Fruit juice concentrate maker Rasna today said it is eyeing a revenue of Rs 250 crore in the next three years from the snack category.

    23 Feb 2017, 7.16 pm  |  Source: PTI

  • SoftBank denies reports of participation in Voda-Idea merger

    SoftBank denies reports of participation in Voda-Idea merger  

    Japanese conglomerate SoftBank today denied being in discussions to participate in the proposed Vodafone-Idea Cellular merger and termed the reports as "baseless and unsubstantiated".

    23 Feb 2017, 7.16 pm  |  Source: PTI

  • DVC adds 500 MW thermal power

    DVC adds 500 MW thermal power  

    The Damaodar Valley Corporation added 500 MW thermal power to its capacity by commissioned the Bokaro Thermal Power Station today.

    23 Feb 2017, 7.14 pm  |  Source: PTI

  • COMMENT: Reliance Jio’s rivals don’t factor in bloody data battle ahead

    COMMENT: Reliance Jio’s rivals don’t factor in bloody data battle ahead  

    The recent announcement that Reliance Jio would start charging its customers has got a thumbs-up from the Street. While it will undoubtedly have a positive rub off on RIL, what’s surprising is the market’s optimism about its c...

    23 Feb 2017, 6.31 pm  |  Source: Moneycontrol.com

  • Telcos consolidation will lead to power and cost efficiency

    Telcos consolidation will lead to power and cost efficiency   

    Lesser players with more spectrum and enough towers will help improve quality of services, said TV Ramachandran, President of Broadband India Forum. Consolidation will lead to both power and cost efficiency.

    23 Feb 2017, 6.24 pm  |  Source: CNBC-TV18

  • Orient Electric aims over Rs 2,000 cr turnover in 4-yrs

    Orient Electric aims over Rs 2,000 cr turnover in 4-yrs  

    CK Birla group firm Orient Electric said it would cross Rs 2,000 crore turnover in next four years, mainly on account of new products additions in existing segment and increase in exports.

    23 Feb 2017, 5.40 pm  |  Source: PTI

  • 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

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