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  • Force Motors Q1 net up 46% at Rs 51.46 crore

    Force Motors Q1 net up 46% at Rs 51.46 crore  

    The company had posted a net profit of Rs 35.22 crore in the same period last fiscal, Force Motors said in a BSE filing.

    30 Jul 2016, 5.36 pm  |  Source: PTI

  • PNB Gilts net profit at Rs 19 crore in April-June quarter

    PNB Gilts net profit at Rs 19 crore in April-June quarter  

    Total income of the company rose by over 38.2 percent to Rs 97.98 crore during June quarter 2016-17, up from Rs 70.88 in the same period last fiscal, it said in a regulatory filing.

    30 Jul 2016, 5.36 pm  |  Source: PTI

  • Manish Tandon quits Infy; 2nd high-profile exit in 10 days

    Manish Tandon quits Infy; 2nd high-profile exit in 10 days  

    The company’s another executive VP, Anup Uppadhayay, who was heading the strategic global sourcing, had exited from the company recently. Another recent exit from the company was of Vasudev Nayak, who put in his papers this mont...

    30 Jul 2016, 4.45 pm  |  Source: Moneycontrol.com

  • Funding, policy to keep road & railways projects on track

    Funding, policy to keep road & railways projects on track  

    Momentum in road project awards is likely to sustain with the National Highways Authority of India (NHAI) likely to award around 6,500-7,000 km (kilometre) projects in FY17 (around 4,400 km in FY16), says a note by research house ...

    30 Jul 2016, 4.42 pm  |  Source: Moneycontrol.com

  • What will be a Prime mover for Amazon India?

    What will be a Prime mover for Amazon India?  

    A Consumer Intelligence Research Partners (CIRP) report suggests that Prime shoppers of Amazon spent about USD 1,200 on an average in 2015, compared to USD 500 for non-prime members. If the US success story is anything to go by, t...

    30 Jul 2016, 3.49 pm  |  Source: Moneycontrol.com

  • Quess Corp Q1 profit up 37%, board approves formation of 2 arms

    Quess Corp Q1 profit up 37%, board approves formation of 2 arms  

    The company said board of directors has approved the formation of wholly owned subsidiary to focus on last-mile delivery / first mile related e-commerce logistics business and another subsidiary to offer business process services ...

    30 Jul 2016, 3.45 pm  |  Source: Moneycontrol.com

  • ZEE launches Bollywood movie channel `Zee.One` in Germany

    ZEE launches Bollywood movie channel 'Zee.One' in Germany  

    ZEE had announced in January this year that it would be launching a free-to-air TV channel in Germany featuring Bollywood films and popular Indian TV series.

    30 Jul 2016, 11.10 am  |  Source: PTI

  • Tata Group not willing to pay compensation: DOCOMO

    Tata Group not willing to pay compensation: DOCOMO  

    DoCoMo in a statement said Tata Sons was citing Reserve Bank of India (RBI) not granting an exemption to the foreign exchange act to pay the money as an "excuse".

    30 Jul 2016, 11.10 am  |  Source: PTI

  • CG Consumer Electricals June-quarter net rises to Rs 92 crore

    CG Consumer Electricals June-quarter net rises to Rs 92 crore  

    The company had posted a net loss of Rs 0.07 crore for the corresponding quarter a year ago, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a BSE filing.

    30 Jul 2016, 11.10 am  |  Source: PTI

  • IRB Infra bags Rs 2,100 crore project from NHAI

    IRB Infra bags Rs 2,100 crore project from NHAI  

    The Rs 2,100 crore project is to be developed on design, built, finance, operate and transfer (DBFOT) under the National Highways Development Programme (NHDP) phase V.

    30 Jul 2016, 11.10 am  |  Source: PTI

  • BPCL acquires 21% stake in FINO PayTech for Rs 251 crore

    BPCL acquires 21% stake in FINO PayTech for Rs 251 crore  

    BPCL has entered into an agreement for acquiring 21 percent stake on fully diluted basis in the share capital of FINO PayTech for a consideration of Rs 251 crore in an all cash deal, BPCL said in a BSE filing.

    29 Jul 2016, 10.17 pm  |  Source: PTI

  • How slow is US economic growth? `Close to zero`

    How slow is US economic growth? 'Close to zero'  

    While 2016's anemic growth level isn't an automatic disqualifier for an interest rate increase, the bar just got a little higher.

    29 Jul 2016, 10.13 pm  |  Source: CNBC

  • DHFL to raise Rs 4,000 cr via NCDs

    DHFL to raise Rs 4,000 cr via NCDs  

    The housing finance firm will be issuing secured redeemable NCDs of face value of Rs 1,000 each aggregating up to Rs 4,000 crore, the company said in a statement here. The issue size is Rs 1,000 crore with an option to retain over...

    29 Jul 2016, 10.11 pm  |  Source: PTI

  • GCPL to merge 2 overseas subsidiaries with itself

    GCPL to merge 2 overseas subsidiaries with itself  

    "Both the transferor companies are wholly-owned subsidiaries of GCPL. As per the scheme GCPML and GCPUSHL will be amalgamated into GCPL," the company said in a BSE filing.

    29 Jul 2016, 10.02 pm  |  Source: PTI

  • India did right thing by resisting fast reforms: Jospeh Stiglitz

    India did right thing by resisting fast reforms: Jospeh Stiglitz  

    Slow and steady wins the race for Nobel laureate, Jospeh Stiglitz, who says India has done the right thing by resisting 'fast reforms'. Speaking to CNBC-TV18 in our ongoing Series 25 Years Since Reforms, the world renowned economi...

    29 Jul 2016, 9.56 pm  |  Source: CNBC-TV18

  • Inshorts open to having an overseas partnership

    Inshorts open to having an overseas partnership   

    Here's another CNBC-TV18 exclusive -- this time from the start-up space. Inshorts, which aggregates news in just 60 words, is all set to go global. CNBC-TV18's Adith Charlie and Arundathi Ramanan look at what the company has achie...

    29 Jul 2016, 9.50 pm  |  Source: CNBC-TV18

  • Flipkart laying off at least 700 employees to cut costs

    Flipkart laying off at least 700 employees to cut costs   

    India's largest e-commerce player Flipkart is sacking at least 700 employees, or over 3 percent of its workforce, as it looks to cut cost to compete with rivals like Amazon and Snapdeal.

    29 Jul 2016, 9.04 pm  |  Source: PTI

  • Time for govt to sell residual stake in Hind Zinc, Balco: Goyal

    Time for govt to sell residual stake in Hind Zinc, Balco: Goyal   

    In an interview to CNBC-TV18 Power Minister Piyush Goyal said it is time the government gives freedom to these companies to grow independently and efficiently.

    29 Jul 2016, 8.58 pm  |  Source: CNBC-TV18

  • Capital infusion of Rs 7,575 cr to boost loan growth: SBI

    Capital infusion of Rs 7,575 cr to boost loan growth: SBI  

    The recently announced Rs 7,575 crore capital infusion by the government will help push credit growth, SBI said today.

    29 Jul 2016, 8.20 pm  |  Source: PTI

  • KEC International Q1 net zooms 83% to Rs 31 crore

    KEC International Q1 net zooms 83% to Rs 31 crore  

    KEC International Ltd today reported 83.1 per cent rise in consolidated net profit at Rs 30.94 crore for the June quarter.

    29 Jul 2016, 8.20 pm  |  Source: PTI

  • Spicejet may place order for new aircraft: Singh

    Spicejet may place order for new aircraft: Singh  

    No-frills carrier SpiceJet, which is in discussions with global aircraft makers --Boeing and Airbus -- for quite some time now, may place order for new aircraft by the end of the current quarter, airline chief Ajay Singh said toda...

    29 Jul 2016, 8.20 pm  |  Source: PTI

  • Experts disappointed with L&T Q1; fair value seen at Rs 1385

    Experts disappointed with L&T Q1; fair value seen at Rs 1385   

    Market expert, Prakash Diwan believes the stock had run up ahead of its earnings and with the kind of earnings reported, it is likely to consolidate. The fair value should not be more than Rs 1380-1385.

    29 Jul 2016, 7.42 pm  |  Source: CNBC-TV18

  • GST is complex, near-term disruptions likely on rollout: Pros

    GST is complex, near-term disruptions likely on rollout: Pros   

    The Finance Ministry will soon move the Cabinet with changes in the GST Constitutional Amendment Bill providing for full compensation to states for the first five years of roll-out of the new indirect tax regime.

    29 Jul 2016, 7.33 pm  |  Source: CNBC-TV18

  • Vedanta Q1 profit tanks 30%; revenue, EBITDA miss estimates

    Vedanta Q1 profit tanks 30%; revenue, EBITDA miss estimates  

    Revenue during the quarter slipped 15 percent to Rs 14,437 crore on yearly basis due to fall in oil and metal prices, weaker power market and lower zinc volumes, which partially offset by ramp up in volumes at iron ore, power and ...

    29 Jul 2016, 7.26 pm  |  Source: Moneycontrol.com

  • Ujjivan Financial June-qtr net doubles to Rs 71 cr

    Ujjivan Financial June-qtr net doubles to Rs 71 cr  

    Microfinance company Ujjivan Financial Services reported a 102.51 per cent jump in net profit at Rs 71.37 crore for the June quarter, driven by growing business and reduction in cost of finance.

    29 Jul 2016, 6.54 pm  |  Source: PTI

  • Nestle India Q2 profit at Rs 231 cr

    Nestle India Q2 profit at Rs 231 cr  

    Rebounding from losses after ban on its Maggi noodles last year, FMCG major Nestle India today reported net profit of Rs 230.84 crore for the second quarter ended June 30.

    29 Jul 2016, 6.52 pm  |  Source: PTI

  • Unclaimed amount with insurance firms at Rs 11,668 crore

    Unclaimed amount with insurance firms at Rs 11,668 crore  

    Unclaimed amount of policyholders with insurance companies (both life and non-life) has reached around Rs 11,668 crore as on March 31, 2016, Parliament was informed today.

    29 Jul 2016, 5.54 pm  |  Source: PTI

  • NSEL case:Centre requests Maha govt to expedite assets auction

    NSEL case:Centre requests Maha govt to expedite assets auction  

    The Centre has requested the Maharashtra government to expedite auction of properties attached in the Rs 5,600 crore NSEL payment crisis matter and also deploy full time "competent authorities" for dealing with work related to the...

    29 Jul 2016, 5.52 pm  |  Source: PTI

  • Zodiac JRD-MKJ standalone Jun '16 sales at Rs 2.30 crore  

    Zodiac-JRD-MKJ has reported a sales total income from operations of Rs 2.30 crore and a net profit of Rs 0.05 crore for the quarter ended Jun '16

    29 Jul 2016, 5.39 pm  |  Source: Moneycontrol.com

  • VTM standalone Jun '16 sales at Rs 32.32 crore  

    VTM has reported a sales total income from operations of Rs 32.32 crore and a net profit of Rs 3.69 crore for the quarter ended Jun '16

    29 Jul 2016, 5.39 pm  |  Source: Moneycontrol.com

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