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  • Hinduja Global Solutions to hire over 200 in UK

    Hinduja Global Solutions to hire over 200 in UK  

    "HGS will hold a job fair to recruit 237 permanent and temporary customer service representative positions. The job fair will take place at HGS' Winckley House in Preston on Thursday," the company said in a statement.

    27 Jul 2016, 7.50 pm  |  Source: PTI

  • MIP on steel products did not have desired impact: JSW Steel

    MIP on steel products did not have desired impact: JSW Steel   

    Speaking to CNBC-TV18, Seshagiri Rao of JSW Steel said minimum import prices, implemented on 173 products earlier this year, did not have the desired effect on imports.

    27 Jul 2016, 7.44 pm  |  Source: CNBC-TV18

  • Zoho to hire 4,000 people in 3-4 years, bets on SMEs

    Zoho to hire 4,000 people in 3-4 years, bets on SMEs  

    The company, which currently has some 4,000 people on its payroll, has development centres in Chennai and Tenkasi (Tamil Nadu) which work on products like customer relationship management (CRM) and enterprise e-mail solutions.

    27 Jul 2016, 7.28 pm  |  Source: PTI

  • UK drugs giant GSK to invest 275 million pounds despite Brexit

    UK drugs giant GSK to invest 275 million pounds despite Brexit  

    The investment -- worth USD 361 million or 328 million euros -- will be ploughed into facilities in Barnard Castle in northeastern England, Ware in the southeast, and Montrose in Scotland, GSK said in a statement.

    27 Jul 2016, 7.28 pm  |  Source: PTI

  • Will accept punishment if proven to conspired with NSEL: FTIL

    Will accept punishment if proven to conspired with NSEL: FTIL   

    Financial Technologies has filed fresh application in the Bombay High Court against Economic Offences Wing (EOW) for attachment of its bank account, reports CNBC-TV18. Hearing in this case is scheduled for July 28.

    27 Jul 2016, 7.27 pm  |  Source: CNBC-TV18

  • Corp sector may clock single digit profitability this fiscal

    Corp sector may clock single digit profitability this fiscal  

    An India Ratings and Research report said companies having strong cash flow generation ability and low debt levels are likely to benefit from a gradual revival in the economy as nominal gross domestic product (GDP) growth picks up...

    27 Jul 2016, 7.08 pm  |  Source: PTI

  • Flat steel production up 48% in Apr-Jun: Essar Steel

    Flat steel production up 48% in Apr-Jun: Essar Steel  

    "By the end of FY 2016-17, Essar Steel India expects to record a marked increase in its capacity utilisation and produce 80 percent of its rated capacity," the company said in a statement.

    27 Jul 2016, 7.08 pm  |  Source: PTI

  • Antrix-Devas deal: India to appeal against Hague tribunal`s

    Antrix-Devas deal: India to appeal against Hague tribunal's  

    India lost the arbitration case in a Permanent Court of Arbitration (PCA) tribunal based in the Hague over its space marketing PSU Antrix Corp annulling a contract with Bengaluru-based private multimedia firm Devas.

    27 Jul 2016, 7.08 pm  |  Source: PTI

  • Xiaomi rolls out first laptop to take on Lenovo, Apple

    Xiaomi rolls out first laptop to take on Lenovo, Apple  

    The laptop Mi Notebook Air, runs on Microsoft's Windows 10 operating system, sells for 4,999 yuan (around USD 749 ) for a 13.3-inch display.

    27 Jul 2016, 6.28 pm  |  Source: PTI

  • CCI approves BSA International-Anik Industries deal

    CCI approves BSA International-Anik Industries deal  

    Both entities had entered into an agreement for the deal, which is on slump sale basis, in March. BSA International would buy Anik Industries' dairy business that includes manufacturing, marketing and distribution of milk and rela...

    27 Jul 2016, 6.10 pm  |  Source: PTI

  • Ex-Myntra Finance Head Prabhakar Sunder joins Voonik as CFO

    Ex-Myntra Finance Head Prabhakar Sunder joins Voonik as CFO  

    Prabhakar Sunder brings over 15 years of experience in capital raising, corporate finance, financial reporting and compliance, treasury and fund management, etc.

    27 Jul 2016, 6.10 pm  |  Source: PTI

  • RPG Life Sciences inks pact to acquire Sun Pharma`s 7 brands

    RPG Life Sciences inks pact to acquire Sun Pharma's 7 brands  

    The move is in line with the RPG's strategy to focus on formulation business. The acquired brands are primarily in respiratory and urology segments. In addition to this, three products will compliment the company's existing range,...

    27 Jul 2016, 6.10 pm  |  Source: PTI

  • Court issues Letter Rogatory to Singapore in Lalit Modi case

    Court issues Letter Rogatory to Singapore in Lalit Modi case  

    The LR, a formal request from a Court to a foreign court for judicial assistance in a case, would be sent to the competent authority in Singapore through the Union Ministry of Home Affairs.

    27 Jul 2016, 5.02 pm  |  Source: PTI

  • Only 906 call drop complaints made in last 3.5 years: Sinha

    Only 906 call drop complaints made in last 3.5 years: Sinha  

    Telecom Minister Manoj Sinha shared data on complaints received by sector regulator Trai, which show that 906 grievances related to call drops have been made since 2013.

    27 Jul 2016, 5.02 pm  |  Source: PTI

  • HDFC plans to raise Rs 35,000 cr via NCDs

    HDFC plans to raise Rs 35,000 cr via NCDs  

    In a regulatory filing, HDFC said the board of directors has granted its approval for issuance of secured redeemable non-convertible debentures (NCDs) aggregating Rs 35,000 crore on a private placement basis under a Shelf Disclosu...

    27 Jul 2016, 4.52 pm  |  Source: PTI

  • Lupin gets USFDA tentative nod for generic Lexiva tablets

    Lupin gets USFDA tentative nod for generic Lexiva tablets   

    This product was filed from the firm's Goa formulations manufacturing facility, the company said in a statement.

    27 Jul 2016, 4.52 pm  |  Source: PTI

  • Cochin Shipyard, Centre sign pact on FY17 growth targets

    Cochin Shipyard, Centre sign pact on FY17 growth targets  

    "Cochin Shipyard Limited (CSL) has signed a Memorandum of Understanding with the Government of India for the financial year 2016-17," Ministry of Shipping said in a statement.

    27 Jul 2016, 4.52 pm  |  Source: PTI

  • LeEco acquires US-based VIZIO for $ 2 billion

    LeEco acquires US-based VIZIO for $ 2 billion  

    As part of the definitive agreement, LeEco will acquire all of the VIZIO hardware and software operations, technology and intellectual property and the transaction is expected to close during the fourth quarter of 2016, LeEco said...

    27 Jul 2016, 4.52 pm  |  Source: PTI

  • PC Jeweller to raise up to Rs 257 cr from US-based Fidelity

    PC Jeweller to raise up to Rs 257 cr from US-based Fidelity  

    In May, the national capital-based firm had raised Rs 427 crore from DVI Fund Mauritius by allotting it compulsorily convertible debentures.

    27 Jul 2016, 4.52 pm  |  Source: PTI

  • Indifi Technologies partners Suvidhaa Infoserve

    Indifi Technologies partners Suvidhaa Infoserve  

    The first phase of this partnership will benefit Suvidhaa's 90,000 channel partner-base to manage operations better and enhance efficiency, a joint statement said.

    27 Jul 2016, 4.04 pm  |  Source: PTI

  • IL&FS Engineering bags Rs 532 cr project from NMRC

    IL&FS Engineering bags Rs 532 cr project from NMRC  

    The company has received a Letter of Acceptance (LoA) from NMRC, a joint venture of the Maharashtra government and the Centre, for constructing metro stations for the Nagpur metro project, a statement issued here said.

    27 Jul 2016, 3.56 pm  |  Source: PTI

  • Sahara rejects $1.3 bn offer, calls it attempt to lower price

    Sahara rejects $1.3 bn offer, calls it attempt to lower price  

    In a strongly worded reaction to the offer made by a group of family office investors, led by Jesdev Saggar-led 3 Associates, Sahara group said it was "a malicious and non-serious act of some wrong people".

    27 Jul 2016, 3.56 pm  |  Source: PTI

  • New launches in H2FY17 will boost growth: Dr Reddy`s

    New launches in H2FY17 will boost growth: Dr Reddy's   

    The fall in revenue and profits in the first quarter was due to lack of launches in the US, says Saumen Chakraborty, CFO of Dr Reddy’s. The company launched its first product in the US in July.

    27 Jul 2016, 3.44 pm  |  Source: CNBC-TV18

  • New launches, Pay Commission to boost growth for Bajaj Auto

    New launches, Pay Commission to boost growth for Bajaj Auto   

    Bajaj Auto reported a 3.5 percent rise in revenue to Rs 6,088.7 crore while its operating margin improved to 19.3 percent in the first quarter of FY17.

    27 Jul 2016, 3.39 pm  |  Source: CNBC-TV18

  • Debt recast to help turnaround Brazilian arm: Shree Renuka

    Debt recast to help turnaround Brazilian arm: Shree Renuka   

    A Brazilian court has approved the reorganisation of the debt of Shree Renuka Sugars' subsidiary in the country. The recast slashes Renuka Vale do lvai's debt by Rs 168 crore, according to Narendra Murkumbi, Vice-chairman and Mana...

    27 Jul 2016, 3.35 pm  |  Source: CNBC-TV18

  • Hope to track coating industry growth of 9-10%: Akzo Nobel

    Hope to track coating industry growth of 9-10%: Akzo Nobel   

    Akzo Nobel India targets improving or at least sustaining margin over next 12-15 months, says MD Jayakumar Krishnaswamy.

    27 Jul 2016, 3.33 pm  |  Source: CNBC-TV18

  • Topline growth may pick up in H2, expect to retain margin: Dabur

    Topline growth may pick up in H2, expect to retain margin: Dabur   

    Speaking to CNBC-TV18 after reporting the first quarter results, Dabur CFO Lalit Malik says some benefits of monsoons and implementation of the 7th pay commission might help lift volumes albeit at a slow pace during the second hal...

    27 Jul 2016, 3.24 pm  |  Source: CNBC-TV18

  • Maruti to launch LCV Super Carry in India next month

    Maruti to launch LCV Super Carry in India next month  

    Initially, the vehicle will be sold in three cities Ahmedabad, Kolkata and Ludhiana - priced at Rs 4.03 lakh, Rs 4.11 lakh and Rs 4.01 lakh respectively, MSI said in a statement.

    27 Jul 2016, 3.18 pm  |  Source: PTI

  • Nationalise pvt banks not doing fin inclusion agenda: BJP MP

    Nationalise pvt banks not doing fin inclusion agenda: BJP MP  

    Raising the issue during Zero Hour in Lok Sabha, Chintaman Malviya alleged that banks like ICICI, Kotak Mahindra, YES and Axis have become "organised racket of profiteers" which have nothing to do with implementing schemes like th...

    27 Jul 2016, 3.18 pm  |  Source: PTI

  • Steel industry press govt to put off quality control order

    Steel industry press govt to put off quality control order  

    Terming the order "arbitrary", the Metal and Stainless Steel Merchant's Association (MSSMA), All India Stainless Steel Industries Association (AISSIA) and Process Plant & Machinery Association of India (PPMAI) claimed that the QC ...

    27 Jul 2016, 3.10 pm  |  Source: PTI

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