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  • Crude may stay range-bound this year, aid inventory gains: IOC

    Crude may stay range-bound this year, aid inventory gains: IOC   

    In an interview to CNBC-TV18 after the company reported strong first quarter earnings, Ashok said he is hopeful crude prices will remain range-bound this year helping IOC limit inventory losses or even post inventory gains.

    29 Aug 2016, 7.57 pm  |  Source: CNBC-TV18

  • Govt to set new packaging standards for pharma exports

    Govt to set new packaging standards for pharma exports  

    The Centre has directed the Indian Institute of Packaging (IIP) to set new packaging standards for pharmaceutical exports to African and Asian countries.

    29 Aug 2016, 7.30 pm  |  Source: PTI

  • LIC sells 2% stake in fertiliser firm GNVFCL

    LIC sells 2% stake in fertiliser firm GNVFCL  

    State-owed insurer LIC has sold 2 percent stake in Gujarat Narmada Valley Fertilisers and Chemicals (GNVFCL) through open market transaction.

    29 Aug 2016, 7.30 pm  |  Source: PTI

  • Petrol cars to be 50% of overall sales in 2-3 years: Merc India

    Petrol cars to be 50% of overall sales in 2-3 years: Merc India   

    Mercedes-Benz India's Roland S Folger, Managing Director and Chief Executive Officer, says the company was able to move petrol variants allocated for other markets to India after news of the diesel ban in Delhi-NCR regions. These ...

    29 Aug 2016, 7.20 pm  |  Source: Moneycontrol.com

  • DHFL`s NCD issue subscribed over 6 times on day 1

    DHFL's NCD issue subscribed over 6 times on day 1  

    Housing finance firm DHFL's issue of non-convertible debentures was subscribed by over six times on its first day today, generating a demand worth about Rs 12,645 crore.

    29 Aug 2016, 7.14 pm  |  Source: PTI

  • Tata group entities team up with world`s top universities

    Tata group entities team up with world's top universities  

    Tata group firms such as Tata Sons, TCS and JLR have signed agreements with the world's leading academic institutions, including Harvard University, to fund research and development opportunities.

    29 Aug 2016, 6.36 pm  |  Source: PTI

  • TCS recognised in leadership zones in new report by Zinnov

    TCS recognised in leadership zones in new report by Zinnov  

    India's Tata Consultancy Services, a leading global IT Services, consulting and business solutions organisation, today announced that it has been recognised in the leadership zones across several segments by a leading globalisati...

    29 Aug 2016, 6.36 pm  |  Source: PTI

  • NHAI awards Rs1,646-cr contract to Ashoka Buildcon,Ramky Infra

    NHAI awards Rs1,646-cr contract to Ashoka Buildcon,Ramky Infra  

    National Highways Authority of India (NHAI) has awarded contracts worth Rs 1,646 crore to Ashoka Buildcon and Ramky Infrastructure for building two highway projects in Jharkhand.

    29 Aug 2016, 6.36 pm  |  Source: PTI

  • Paytm`s Rs 2,000-cr funding deal likely in next few weeks

    Paytm's Rs 2,000-cr funding deal likely in next few weeks  

    Alibaba-backed Paytm is set to raise about USD 300 million (over Rs 2,000 crore) in a round of fresh funding from a clutch of investors, including Taiwanese semiconductor maker MediaTek and Goldman Sachs.

    29 Aug 2016, 6.36 pm  |  Source: PTI

  • Goldman Sach subsidiary sells stake in Max Ventures

    Goldman Sach subsidiary sells stake in Max Ventures  

    Goldman Sach subsidiary Xenok and Mauritius based GS Mace Holdings have together sold over 2.09 percent stake in Max Ventures and Industries.

    29 Aug 2016, 6.36 pm  |  Source: PTI

  • Monsanto in HC against CCI order

    Monsanto in HC against CCI order  

    Justice Sanjeev Sachdeva today listed the matter for hearing on August 31 after advocate Ajit Warrier, appearing for Monsanto, said they were filing an application for adding more grounds to their challenge to the Competition Comm...

    29 Aug 2016, 6.36 pm  |  Source: PTI

  • Creditors okays debt recast plan of Renuka Sugar`s Brazil arm

    Creditors okays debt recast plan of Renuka Sugar's Brazil arm  

    At present, RdB has a liabilities including bank debt of about Rs 4,700 crore and the same would get reduced to about Rs 3,300 crore.

    29 Aug 2016, 6.36 pm  |  Source: PTI

  • Will know impact of Brexit`s impact on IT only in Q2: Nasscom

    Will know impact of Brexit's impact on IT only in Q2: Nasscom  

    Nasscom president R Chandrashekhar told CNBC-TV18's Rukmini Rao earlier today that only by the end of the second quarter will a clear picture emerge on the extent of Brexit's impact.

    29 Aug 2016, 6.12 pm  |  Source: CNBC-TV18

  • Address water problem to plan hydro projs execution: NHPC

    Address water problem to plan hydro projs execution: NHPC  

    NHPC Executive Director AB Agrawal while participating in a panel discussion on 'Development of Hydro Projects: Issues and Possible Solutions' stressed on educating the masses and policymakers on benefits of hydropower and the nee...

    29 Aug 2016, 5.30 pm  |  Source: PTI

  • IDBI Bank pares stake in CARE to 3.4% for Rs 100 cr

    IDBI Bank pares stake in CARE to 3.4% for Rs 100 cr  

    State-owned IDBI Bank today said it has cut its stake in rating agency CARE to 3.40 percent from 6.12 percent.

    29 Aug 2016, 5.30 pm  |  Source: PTI

  • Revised Indo-Mauritius tax treaty to curb tax evasion: FinMin

    Revised Indo-Mauritius tax treaty to curb tax evasion: FinMin  

    The revised tax treaty with Mauritius, which allows India to tax capital gains on investments routed through the island nation, will tackle round tripping of funds and curb tax evasion, Finance Ministry said today.

    29 Aug 2016, 5.30 pm  |  Source: PTI

  • Avantha completes stake sale of CGCEL to Advent, Temasek

    Avantha completes stake sale of CGCEL to Advent, Temasek  

    Crompton Greaves Consumer Electricals'(CGCEL)erstwhile promoter Avantha Group today said it has transferred all the shares in the company to complete its stake sale to private equity firms Advent International and Temasek.

    29 Aug 2016, 5.30 pm  |  Source: PTI

  • Tata Motors unveils petrol version of Tiago in Nepal

    Tata Motors unveils petrol version of Tiago in Nepal  

    The vehicle, powered by the Revotron 1.2L petrol engine, can now be booked across the country, Tata Motors said in a statement.

    29 Aug 2016, 4.34 pm  |  Source: PTI

  • Audi launches petrol-powered A6 Matrix priced at Rs 52.75 lakh

    Audi launches petrol-powered A6 Matrix priced at Rs 52.75 lakh  

    The new model comes with various new features including seven-speed transmission and an advanced infotainment system.

    29 Aug 2016, 4.16 pm  |  Source: PTI

  • NABARD sanctions Rs 204.67 cr for Haryana

    NABARD sanctions Rs 204.67 cr for Haryana  

    Nabard has sanctioned Rs 57.49 crore for a 10 MW Photo Voltaic Solar Power Plant at Panipat Thermal Power Station (PTPS), Panipat.

    29 Aug 2016, 4.12 pm  |  Source: PTI

  • India fastest-growing business for Uber, co commits more

    India fastest-growing business for Uber, co commits more  

    Uber Asia (Head of Business) Eric Alexander said the company started its business three years ago in Bengaluru and is now operating in over 20 cities.

    29 Aug 2016, 4.04 pm  |  Source: PTI

  • Plea to RBI, SEBI to intervene to stop SBT-SBI merger

    Plea to RBI, SEBI to intervene to stop SBT-SBI merger  

    The government should desist from the merger move, taking into consideration the views of the people, Kerala Assembly, MPs from the state and stakeholders, including customers and shareholders, the union said in a statement here t...

    29 Aug 2016, 4.00 pm  |  Source: PTI

  • Adi Godrej pitches for low rates under GST

    Adi Godrej pitches for low rates under GST  

    "Now, we are going to finalise the GST rates of taxes. And some people are talking about higher rates that will be very much against the interests of the economy. So, reasonable and low rates will be the best for the economy," he ...

    29 Aug 2016, 4.00 pm  |  Source: PTI

  • Notion Press raises $1 mn in funding from HNIs

    Notion Press raises $1 mn in funding from HNIs  

    The deal will help Chennai-based Notion Press consolidate market leadership, strengthen management team and expand services in the market, a company release said.

    29 Aug 2016, 4.00 pm  |  Source: PTI

  • Vedanta aluminium maintains prod guidance despite power failure

    Vedanta aluminium maintains prod guidance despite power failure  

    "The current run rate of aluminium production is around 1 MTPA and the overall 2016-17 volume guidance remains unchanged at 1.2 MTPA," the company led by billionaire Anil Agrawal said in a regulatory filing today.

    29 Aug 2016, 3.48 pm  |  Source: PTI

  • NTPC to plant 1 crore trees this fiscal

    NTPC to plant 1 crore trees this fiscal  

    "NTPC has embarked upon accelerated afforestation drive with the state forest departments of Madhya Pradesh, Bihar, Assam, Karnataka, Andhra Pradesh, Telengana and Maharashtra to plant 10 million trees during 2016-17," NTPC said i...

    29 Aug 2016, 3.30 pm  |  Source: PTI

  • Coal freight tariff rationalisation: Minimal impact on power

    Coal freight tariff rationalisation: Minimal impact on power  

    The freight of coal which had to go to far-flung places was more, they (railways) have reduced it. In far ahead places, the power is very expensive." Supporting the move, the minister said railways have reduced the freight for lon...

    29 Aug 2016, 3.26 pm  |  Source: PTI

  • Vedanta`s Talwandi Saboo power plant becomes fully operational

    Vedanta's Talwandi Saboo power plant becomes fully operational  

    "The third 660 mw unit of Talwandi Sabo power plant in Punjab has put commercial production on August 24, 2016, and will be capitalised in September 2016," Vedanta has informed BSE.

    29 Aug 2016, 3.18 pm  |  Source: PTI

  • Ujjivan Fin to focus more on micro SME, affordable housing: CEO

    Ujjivan Fin to focus more on micro SME, affordable housing: CEO   

    Cost to income may go up over 60 percent in next two years due to investments in tech and infrastructure advances, says Samit Ghosh MD & CEO, Ujjivan Financial Services.

    29 Aug 2016, 3.14 pm  |  Source: CNBC-TV18

  • Snapdeal`s Gold answer to Amazon, Flipkart premium membership

    Snapdeal's Gold answer to Amazon, Flipkart premium membership  

    Under the service, Snapdeal will offer customers free shipping, free upgrade to next-day-delivery and extended purchase protection.

    29 Aug 2016, 3.14 pm  |  Source: PTI

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