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Moneycontrol

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  • Top 100 cos created Rs 28 lakh cr wealth in past 5 years: Study

    Top 100 cos created Rs 28 lakh cr wealth in past 5 years: Study  

    Country's top 100 companies in terms of market valuation have generated Rs 28.4 lakh crore wealth in the last five years, with Tata Group firm TCS retaining the numero uno position in the chart, says a latest study.

    09 Dec 2016, 5.32 pm  |  Source: PTI

  • UPL`s subsidiary sells 19.22% stake in Villa Crop for Rs 22 cr

    UPL's subsidiary sells 19.22% stake in Villa Crop for Rs 22 cr  

    Agro-chemical major UPL Ltd today said its Mauritius-subsidiary has sold 19.22 per cent stake in Villa Crop Protection for Rs 22 crore.

    09 Dec 2016, 5.32 pm  |  Source: PTI

  • Tata Sons may expand upper echelon, hire 2 VC`s: Sources

    Tata Sons may expand upper echelon, hire 2 VC's: Sources   

    After Cyrus Mistry's removal as the chairman of Tata Sons, the USD 100 billion conglomerate is likely to expand its upper brass and is looking to create two vice-chairman positions.

    09 Dec 2016, 5.08 pm  |  Source: CNBC-TV18

  • SBI to sell 3.9% stake in SBI Life Insurance for Rs 1,794 crore

    SBI to sell 3.9% stake in SBI Life Insurance for Rs 1,794 crore   

    State Bank of India (SBI) has informed BSE that the bank's board at a meeting held on Friday approved sale of 3.9 percent stake in SBI Life Insurance Company at a price of Rs 460 per share, subject to all regulatory approvals. SBI...

    09 Dec 2016, 4.54 pm  |  Source: CNBC-TV18

  • `No production days` in December a normal practice: M&M

    'No production days' in December a normal practice: M&M   

    Pravin Shah, President & CEO, M&M said no production days is a normal practice which an organization follows and demonetisation is not the only reason for that.

    09 Dec 2016, 4.49 pm  |  Source: CNBC-TV18

  • COMMENT: What Paytm doesn’t seem to have gained from demonetisation

    COMMENT: What Paytm doesn’t seem to have gained from demonetisation  

    If Paytm was seeking to raise money in August at a valuation of USD 5 billion, demonetisation has clearly done nothing to improve its valuation. Paytm’s valuation would have substantially increased had the company been listed; t...

    09 Dec 2016, 4.19 pm  |  Source: Moneycontrol.com

  • Tough to sustain margins amidst Europe crisis: Vaibhav Tamboli

    Tough to sustain margins amidst Europe crisis: Vaibhav Tamboli   

    Tamboli Capital is into complex investments casting. Company's promoter Vaibhav Tamboli says, 90 percent of company's income comes from global markets. Company's margins are at record levels.

    09 Dec 2016, 3.53 pm  |  Source: CNBC-TV18

  • Inactive cos declined by 4,000 in over 3 years: Govt

    Inactive cos declined by 4,000 in over 3 years: Govt  

    As on October this year, the number of inactive companies was at 1,38,410 as compared to 1,42,373 as on March 31, 2014, Minister of State for Corporate Affairs, Arjun Ram Meghwal said in a written reply to the Lok Sabha.

    09 Dec 2016, 3.44 pm  |  Source: PTI

  • Max Bupa launches new version of Health Assurance

    Max Bupa launches new version of Health Assurance  

    The plan introduces comprehensive coverage in situations like critical illness, accidental death or permanent total or partial disability and offers daily hospital cash benefit, the insurer said in a release.

    09 Dec 2016, 3.38 pm  |  Source: PTI

  • Four cases registered with CCI against telcos: Govt

    Four cases registered with CCI against telcos: Govt  

    Among others, the complaints about unfair competitive practices and abuse of dominance have also been filed against regulator TRAI, DoT, industry body COAI, as also against operators Bharti Airtel, Idea, Vodafone India, Aircel, Vi...

    09 Dec 2016, 3.36 pm  |  Source: PTI

  • Strides Shasun to acquire Perrigo API India for Rs 100 cr

    Strides Shasun to acquire Perrigo API India for Rs 100 cr  

    The company has signed "definitive agreements to acquire the entire shareholding in Perrigo API India Pvt Ltd (Perrigo API India) for Rs 1,000 million," Strides Shasun said in a BSE filing.

    09 Dec 2016, 3.36 pm  |  Source: PTI

  • Now Vodafone too matches rivals with free calling plans

    Now Vodafone too matches rivals with free calling plans  

    Yesterday, the market leader Airtel and the No 3 player Idea Cellular had launched many schemes to counter Jio's tariff with free voice calls to prepaid customers and additional data.

    09 Dec 2016, 3.36 pm  |  Source: PTI

  • Transporters embracing e-payments, CV`s should recover: Eicher

    Transporters embracing e-payments, CV's should recover: Eicher   

    VE Commercial Vehicles CEO Vinod Aggarwal is positive of a sales rise in December. Aggarwal’s optimism stems from transporters getting used to cashless economy through modes such as prepaid cards, e-payments and RFID toll cards....

    09 Dec 2016, 3.13 pm  |  Source: CNBC-TV18

  • Reached out to 3 lk people as part of Jan Dhan Yojana:Bartronics

    Reached out to 3 lk people as part of Jan Dhan Yojana:Bartronics   

    Bartronics has helped banks so far reached out to 3 lakh people as part of Jan Dhan Yojana, says K Udai Sagar, Managing Director of the company. It is currently working in tandem with Andhra Bank. Bank of Maharashtra is a potentia...

    09 Dec 2016, 3.11 pm  |  Source: CNBC-TV18

  • CCI slaps Rs 12,918 cr fine in 327 cases: Government

    CCI slaps Rs 12,918 cr fine in 327 cases: Government  

    Out of the penalty imposed, a total of Rs 10,454.08 crore have been stayed by the Competition Appellate Tribunal, various courts, including the Supreme Court, and Rs 2,427.90 have been dismissed during the period, Minister of Stat...

    09 Dec 2016, 3.02 pm  |  Source: PTI

  • No growth in wholesale market yet, says Jyothy Labs MD

    No growth in wholesale market yet, says Jyothy Labs MD   

    Speaking to CNBC-TV18, K Ullas Kamath, Joint MD and CFO of Jyothy Laboratories said, growth is still not there in the wholesale market.

    09 Dec 2016, 2.58 pm  |  Source: CNBC-TV18

  • `Post-demonetisation best time to invest in property`

    'Post-demonetisation best time to invest in property'  

    The three-day show is playing host to top developers across India with thousands of various properties ranging from apartments, villas, row houses, plots, commercial to retail properties to suit their budget.

    09 Dec 2016, 2.58 pm  |  Source: PTI

  • Digital revenues growing at 40-45% annually: Aurionpro

    Digital revenues growing at 40-45% annually: Aurionpro   

    Speaking to CNBC-TV18, Amit Sheth, Co-Chairman and MD of Aurionpro Solutions, discusses how digitisation will impact companies that are into cashless payments and solutions.

    09 Dec 2016, 2.55 pm  |  Source: CNBC-TV18

  • Eye 25-30% growth in H2FY17; reduce long-term debt: Gayatri

    Eye 25-30% growth in H2FY17; reduce long-term debt: Gayatri   

    The company is expecting ramp up in execution in the third quarter. Focus is also on reducing long-term loans, TV Sandeep Reddy, MD of Gayatri Projects said.

    09 Dec 2016, 2.53 pm  |  Source: CNBC-TV18

  • Rs 86K cr orders will strengthen Make in India: Automotive Axles

    Rs 86K cr orders will strengthen Make in India: Automotive Axles   

    In an interview to CNBC-TV18’s Nigel D’Souza and Reema Tendulkar, N Muthukumar, President and Whole Time Director at Automotive Axles spoke about the impact on the company if orders worth Rs 86,350 crore are awarded to local d...

    09 Dec 2016, 2.50 pm  |  Source: CNBC-TV18

  • CCI rejects complaint against HP on laptop sale, service

    CCI rejects complaint against HP on laptop sale, service  

    Terming the dispute as a "purely consumer issue", the Competition Commission of India (CCI) rejected the complaint, saying there is no competition issue involved.

    09 Dec 2016, 1.44 pm  |  Source: PTI

  • India expresses to World Bank report on Doing Business

    India expresses to World Bank report on Doing Business  

    Government is aware of the latest analysis of the World Bank's report in which India has been ranked 172 amongst 190 countries surveyed in the matter of paying taxes.

    09 Dec 2016, 1.44 pm  |  Source: PTI

  • Expect big change in sector due to GST: Gitanjali Exports

    Expect big change in sector due to GST: Gitanjali Exports   

    Average jewelley and gold coin sales during November to January are likely at around 100-110 tonnes, said Sanjeev Agarwal, CEO of Gitanjali Export in an interview to CNBC-TV18.

    09 Dec 2016, 1.23 pm  |  Source: CNBC-TV18

  • Invested over Rs 500 cr in 5 yrs on e-products: Intellect Design

    Invested over Rs 500 cr in 5 yrs on e-products: Intellect Design   

    Intellect Design Arena provides digital solutions called "Digital Face" to SMEs. It has 50 clients so far. It also has a payment wallet called "Pay123".

    09 Dec 2016, 1.02 pm  |  Source: CNBC-TV18

  • M&M to curb production in December to adjust inventory

    M&M to curb production in December to adjust inventory  

    "The company will be undertaking scheduled maintenance shutdown at some of its automotive and tractor plants in December 2016," Mahindra & Mahindra said in a BSE filing.

    09 Dec 2016, 12.50 pm  |  Source: PTI

  • Lanco assets get interest from local, foreign funds, Essel Infra

    Lanco assets get interest from local, foreign funds, Essel Infra  

    Besides Essel Infra, investment manager IDFC Alternatives, US-based private equity firm I Squared Capital and Uniquest Infra Ventures Pvt Ltd -- a joint venture of Malaysia’s UEM Group and IDFC Ltd -- are learnt to have expresse...

    09 Dec 2016, 12.38 pm  |  Source: Moneycontrol.com

  • Demonetisation: No lay-offs at Infibeam; shift to cashless improving business

    Demonetisation: No lay-offs at Infibeam; shift to cashless improving business   

    Infibeam will soon provide online e-commerce platform services to Sears Holding, an American company that runs retail stores like Sears and Kmart. Infibeam Director Neeru Sharma says the deal is in line with the company's growth s...

    09 Dec 2016, 12.00 pm  |  Source: CNBC-TV18

  • IL&FS Engg lowest bidder for Jharkhand rural electrification

    IL&FS Engg lowest bidder for Jharkhand rural electrification  

    "Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY) RE contracts are being funded by the Rural Electrification Corporation (REC). The completion schedule of the works is 24 months," the infrastructure company said in a BSE filing.

    09 Dec 2016, 12.00 pm  |  Source: PTI

  • Power Mech bags 4 orders worth Rs 250 cr from Tamil Nadu

    Power Mech bags 4 orders worth Rs 250 cr from Tamil Nadu   

    In an interview to CNBC-TV18, S Kishore Babu, CMD of Power Mech spoke about the latest happenings in his company and sector.

    09 Dec 2016, 11.33 am  |  Source: CNBC-TV18

  • NSE IPO may be marginally delayed due to Ramkrishna`s exit

    NSE IPO may be marginally delayed due to Ramkrishna's exit  

    In an interview to Business Standard, National Stock Exchange (NSE) Chairman Ashok Chawla said there may be marginal delay in the initial public offering (IPO) of NSE after the exit of CEO and Managing Director Chitra Ramkrishna. ...

    09 Dec 2016, 11.31 am  |  Source: Moneycontrol.com

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