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  • 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

  • Aiming for 10% topline growth in FY17: Suryalakshmi Cotton Mills

    Aiming for 10% topline growth in FY17: Suryalakshmi Cotton Mills   

    Paritosh Agarwal, MD, Suryalakshmi Cotton Mills expects a good growth both in the topline and margins.

    28 Jul 2016, 3.42 pm  |  Source: CNBC-TV18

  • No plans to shut jewellery business: Reliance Retail

    No plans to shut jewellery business: Reliance Retail  

    As the company right sizes its chain of jewellery stores, run under Reliance Jewels brand name, a Reliance Retail spokesperson said, "Reliance as a group is committed to the retail business and its valued stakeholders."

    28 Jul 2016, 3.22 pm  |  Source: PTI

  • Snapdeal integrates Uber into app for customer convenience

    Snapdeal integrates Uber into app for customer convenience  

    Snapdeal recently announced the launch of a range of services on its platform, allowing customers to book flights, order food and even pay bills directly through its platform.

    28 Jul 2016, 3.08 pm  |  Source: PTI

  • Modasta raises $1.5 mn in angel funding

    Modasta raises $1.5 mn in angel funding  

    The funds have been allocated for business growth, technology upgradation, talent acquisition and marketing outreach activities, the company said in a statement here.

    28 Jul 2016, 3.08 pm  |  Source: PTI

  • Voda India may get $4 bn equity infusion from UK parent: Srcs

    Voda India may get $4 bn equity infusion from UK parent: Srcs   

    Vodafone Group PLC is gearing up to infuse equity -- of USD 4 billion -- into its Indian business, learns CNBC-TV18 from sources. At the moment Vodafone Group is likely to file a draft prospectus for the planned IPO by October.

    28 Jul 2016, 2.57 pm  |  Source: CNBC-TV18

  • We need to work on Americas & Middle East markets: Welspun

    We need to work on Americas & Middle East markets: Welspun   

    S Krishnan, CFO of Welspun Corp, said that the company's order book is an indication of the road ahead. There are challenges and we will need to work on Americas and Middle East, he said.

    28 Jul 2016, 2.52 pm  |  Source: CNBC-TV18

  • With eye on China, India doubles down on container hub ports

    With eye on China, India doubles down on container hub ports  

    New Delhi will grant billionaire Gautam Adani 16 billion rupees (USD 240 million) in so-called "viability gap" funding to help the new port at Vizhinjam in Kerala win business from established hubs elsewhere in Asia.

    28 Jul 2016, 2.24 pm  |  Source: Reuters

  • Nexa outlets to account for 15% sales by 2020: Maruti

    Nexa outlets to account for 15% sales by 2020: Maruti  

    Launched in July 2015, Nexa today completed one year of operations. It currently has 150 outlets across 94 cities.

    28 Jul 2016, 2.24 pm  |  Source: PTI

  • Bad loan recovery, account upgrades better in Q1: PNB

    Bad loan recovery, account upgrades better in Q1: PNB   

    In an interview to CNBC-TV18, Ananthasubramanian says the bank's savings deposits grew 14 percent year-on-year during the quarter. Also, the share of Current Account and Savings Account (CASA) funds has risen to 41.4 percent vs 38...

    28 Jul 2016, 2.20 pm  |  Source: CNBC-TV18

  • Kirloskar Ferrous to acquire pig iron plant of VSL Steels

    Kirloskar Ferrous to acquire pig iron plant of VSL Steels  

    "Board at its meeting on July 28, has granted in-principle approval for acquisition of movable and immovable assets relating to pig iron plant of VSL Steels Ltd for a cash consideration of Rs 155 crore," Kirloskar Ferrous Industri...

    28 Jul 2016, 2.12 pm  |  Source: PTI

  • Sun Pharma, Almirall enter pact for psoriasis novel biologic

    Sun Pharma, Almirall enter pact for psoriasis novel biologic  

    "Under terms of the licence agreement, Almirall will pay Sun Pharma an initial upfront payment of USD 50 million," the two companies said in a joint statement.

    28 Jul 2016, 2.12 pm  |  Source: PTI

  • Q1 finance costs up on set top box purchase: Hinduja Ventures

    Q1 finance costs up on set top box purchase: Hinduja Ventures   

    When asked about revenue guidance, Mansukhani said that they have a stable income of Rs 40 crore from trade of securities. But income from the process of cable TV digitisation may vary.

    28 Jul 2016, 1.07 pm  |  Source: CNBC-TV18

  • Govt hopeful of improving `ease of doing business` rank

    Govt hopeful of improving 'ease of doing business' rank  

    India's rank in the World Bank's Doing Business Report 2016 was was up at 130th from 134th slot in the previous year.

    28 Jul 2016, 1.00 pm  |  Source: PTI

  • Loan growth to stabilise around 30% FY17 onwards: Can Fin Homes

    Loan growth to stabilise around 30% FY17 onwards: Can Fin Homes   

    SK Hota, Managing Director, Can Fin Homes, expects the loan book to be around Rs 13,500 crore at the end of this financial year, which works out to an increase of 29 percent year-on-year

    28 Jul 2016, 12.45 pm  |  Source: CNBC-TV18

  • Looking at 8-10 percent growth in exports: Greenlam Industries

    Looking at 8-10 percent growth in exports: Greenlam Industries   

    Speaking to CNBC-TV18, Joint MD and CEO of Greenlam Industries, Saurabh Mittal said the company's exports for the June quarter declined year-on-year, but were up quarter-on-quarter. Mittal expects an 8-10 percent growth in exports...

    28 Jul 2016, 12.20 pm  |  Source: CNBC-TV18

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