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  • Blackstone, GIC, others eye DLF promoters` stake in rental arm

    Blackstone, GIC, others eye DLF promoters' stake in rental arm  

    DLF, the country's largest realty firm, had in October last announced that its promoters will sell their 40 per cent stake in the DLF Cyber City Developers Ltd (DCCDL)

    07 Feb 2016, 6.01 pm  |  Source: PTI

  • Green panel curtails CIL mine expansion on pollution worries

    Green panel curtails CIL mine expansion on pollution worries  

    The Kusmunda open cast mine, which presently produces 18.75 MTPA of coal of power grade, is operated by South Eastern Coalfields Ltd (SECL) -- the country's largest coal producing company and the flagship entity of state-owned Coa...

    07 Feb 2016, 5.57 pm  |  Source: PTI

  • Rail track galvanisation can lead to 4% GDP savings: IZA

    Rail track galvanisation can lead to 4% GDP savings: IZA  

    Asserting that use of galvanised rail tracks could result in savings to the tune of 4 per cent of GDP, global zinc body IZA has urged Railway Minister Suresh Prabhu to go for such technique to avoid losses arising out of frequent ...

    07 Feb 2016, 5.45 pm  |  Source: PTI

  • Onida aims to be USD 1 billion company by 2020

    Onida aims to be USD 1 billion company by 2020  

    Mirc Electronics, which owns Onida brand, plans to take its dealer count to 9,500 in the next three years focusing north and east regions besides introducing new non-metro centric models with highly optimised features.

    07 Feb 2016, 5.40 pm  |  Source: PTI

  • Sebi ups vigil on tax evasion attempts as fiscal-end nears

    Sebi ups vigil on tax evasion attempts as fiscal-end nears  

    As the current fiscal nears its end, Sebi has stepped up its surveillance to check tax evasion attempts through 'arbitrage' and bogus losses using stocks and mutual fund investments.

    07 Feb 2016, 5.37 pm  |  Source: PTI

  • PM inaugurates Indian Oil`s Paradip refinery

    PM inaugurates Indian Oil's Paradip refinery  

    The 15 million tons per annum Paradip refinery was built over nearly 16 years. The then Prime Minister Atal Bihari Vajpayee had on May 24, 2000 laid foundation stone of the ninth plant of IOC.

    07 Feb 2016, 5.34 pm  |  Source: PTI

  • L&T sees huge potential in defence under `Make in India`

    L&T sees huge potential in defence under 'Make in India'  

    The infrastructure major, which saw its bottomline surge 19 per cent to Rs 1,034.8 crore in the last quarter, has listed "indigenisation thrust for defence equipment", "interceptor boats, naval vessels and submarines for Indian Na...

    07 Feb 2016, 5.26 pm  |  Source: PTI

  • Budget 2016: Agri Min seeks animal health card scheme

    Budget 2016: Agri Min seeks animal health card scheme  

    Aiming to control animal diseases and boost milk output, the Agriculture Ministry has sought measures like a new scheme on animal health card, e-market platform for bovine germplasm and increase in allocation for Rashtriya Gokul M...

    07 Feb 2016, 5.23 pm  |  Source: PTI

  • FPIs pour in Rs 2,500 cr in capital mkts in a week

    FPIs pour in Rs 2,500 cr in capital mkts in a week  

    Most of the inflows have been witnessed in the debt markets during the period under review.

    07 Feb 2016, 5.14 pm  |  Source: PTI

  • NBFC sector`s gross NPL ratio to rise to 7.3% by March 2017

    NBFC sector's gross NPL ratio to rise to 7.3% by March 2017  

    Of the 7.8 per cent gross NPL, 1.5-1.7 per cent of the increase will be due to the shift to 120-day NPL recognition norm in financial year 2016-17 from 150-days at financial year 2015-16.

    07 Feb 2016, 5.11 pm  |  Source: PTI

  • United Spirits, 6 others to get into F&O turf from Feb 26

    United Spirits, 6 others to get into F&O turf from Feb 26  

    For inclusion in the derivatives segment, the stock's market wide position limit (MWPL), which is the total number of contracts a trader may have active at one time for a given underlying, should be Rs 300 crore, among other crite...

    07 Feb 2016, 5.03 pm  |  Source: PTI

  • Indian Motorcycle eyes 15% market share,12 showrooms this year

    Indian Motorcycle eyes 15% market share,12 showrooms this year  

    The 1,000-unit per annum domestic super premium bikes market is dominated by the American Harley Davison, the Japanese Honda and Yamaha and Suzuki, and also the European brand Triumph.

    07 Feb 2016, 4.59 pm  |  Source: PTI

  • Precision Camshafts to make stock market debut tomorrow

    Precision Camshafts to make stock market debut tomorrow  

    The company's share sale programme was the first initial public offering of 2016.

    07 Feb 2016, 4.56 pm  |  Source: PTI

  • Sebi scans Facebook accounts in insider trading case

    Sebi scans Facebook accounts in insider trading case  

    While Sebi has been examining Twitter and Facebook for quite some time for investigation purposes, this is the first time the regulator has used Facebook account as evidence for proving charges against an individual.

    07 Feb 2016, 4.53 pm  |  Source: PTI

  • Need new work culture of completing projects before time: Modi

    Need new work culture of completing projects before time: Modi  

    Rejecting opposition Congress' charge that projects he has been inaugurating in recent months were all started during their time, he said as Prime Minister he would have been happy if the projects were completed 15 years back and ...

    07 Feb 2016, 4.51 pm  |  Source: PTI

  • Rs 1 lakh crore disbursed under MUDRA Yojana: Modi

    Rs 1 lakh crore disbursed under MUDRA Yojana: Modi  

    Speaking at the inauguration of Indian Oil Corp's (IOC) Rs 34,555-crore Paradip Refinery, Modi said apart from public and private sector, there was a need for developing "personal sector" in which youth can become self sufficient,...

    07 Feb 2016, 4.48 pm  |  Source: PTI

  • India unlikely to develop through unskilled labour: ICRIER

    India unlikely to develop through unskilled labour: ICRIER  

    The paper, authored by Radhicka Kapoor, examined the effect of growing capital intensity (and associated technological change) on inequality of wages and earnings in organised manufacturing in India.

    06 Feb 2016, 4.54 pm  |  Source: PTI

  • Delhi govt collects more than Rs 2000 crore VAT in one month

    Delhi govt collects more than Rs 2000 crore VAT in one month  

    Felicitating the awardees, SS Yadav, Commissioner, Trade and Taxes, said, "The introduction of the awards has enthused the officers and staff of the Department to work with greater zeal to achieve the target set by the Government....

    06 Feb 2016, 4.48 pm  |  Source: PTI

  • Reforms in agri needed for 2nd Green Revolution: Panagariya

    Reforms in agri needed for 2nd Green Revolution: Panagariya  

    The meeting of 'Task Force on Agriculture Development' was attended by the heads of such task force of Gujarat, Rajasthan, Maharashtra, Madhya Pradesh, Chhattisgarh, Goa, Union Territory of Dadara and Nagar Haveli, and Diu and Dam...

    06 Feb 2016, 4.46 pm  |  Source: PTI

  • States request Jaitley for early release of CST compensation

    States request Jaitley for early release of CST compensation  

    "We would urge upon the the Union Government to fully compensate the state for the CST loss through adequate provision in the Union Budget 2016-17," Pradip Kumar Amat, Finance Minister of Odisha said during the meeting.

    06 Feb 2016, 4.34 pm  |  Source: PTI

  • Pininfarina will bring the design that people demand: Tech M

    Pininfarina will bring the design that people demand: Tech M  

    On the sidelines of the Auto Expo 2016, Jagdish Mitra, Chief Stratergy Officer of Tech Mahindra, told CNBC-TV18 the motive behind the purchase of Italian car design company Pininfarina.

    06 Feb 2016, 3.59 pm  |  Source: CNBC-TV18

  • Jet Airways Q3 net soars to Rs 468 cr, income up to Rs 5444 cr

    Jet Airways Q3 net soars to Rs 468 cr, income up to Rs 5444 cr  

    In Q3, EBITDA was at Rs 692.9 crore versus Rs 228.8 crore while EBITDA margin stood at 12.7 percent versus 4.5 percent (year-on-year).

    06 Feb 2016, 3.49 pm  |  Source: Moneycontrol.com

  • Quick Heal raises Rs 134 cr from anchor investors

    Quick Heal raises Rs 134 cr from anchor investors  

    Ahead of its IPO, which opens on Monday, software provider Quick Heal Technologies has raised Rs 133.9 crore through issue of shares to 10 anchor investors, including BNP Paribas Advantage and Reliance MF.

    06 Feb 2016, 3.36 pm  |  Source: PTI

  • Budget 2016: To favour growth or meet fiscal deficit targets, FM puzzled

    Budget 2016: To favour growth or meet fiscal deficit targets, FM puzzled   

    Experts are divided on how the Finance Minister should proceed. Reserve Bank governor Raghuram Rajan, for instance, maintains that fiscal consolidation should be the government's priority.

    06 Feb 2016, 3.33 pm  |  Source: CNBC-TV18

  • AstraZeneca Q3 net profit at Rs 8.67 cr

    AstraZeneca Q3 net profit at Rs 8.67 cr  

    AstraZeneca Q3 net profit at Rs 8.67 cr New Delhi, Feb 6 (PTI) Drug firm AstraZeneca Pharma India today reported a standalone net profit of Rs 8.67 crore for the third quarter ended December 31.

    06 Feb 2016, 3.23 pm  |  Source: PTI

  • ENIL Q3 net may fall 8.5%, depreciation & tax expense may hurt

    ENIL Q3 net may fall 8.5%, depreciation & tax expense may hurt  

    In Q3, EBITDA is seen up 12.9 percent at Rs 50.5 crore versus Rs 44.7 crore while margins may come in at 37.3 percent versus 38.2 percent on annual basis.

    06 Feb 2016, 2.42 pm  |  Source: Moneycontrol.com

  • Conditions ripe to start NPL de-stressing cycle: Sanjay Nayar

    Conditions ripe to start NPL de-stressing cycle: Sanjay Nayar   

    Sanjay Nayar, CEO at KKR India says, it is crucial to identify the problem early enough and not wait till the condition of the corporate becomes so bad that you lose equity value. “There is no point throwing good money after bad...

    06 Feb 2016, 2.41 pm  |  Source: CNBC-TV18

  • Open to idea of separate mechanism for broadcasting cases: FM

    Open to idea of separate mechanism for broadcasting cases: FM  

    Amid sector regulator TDSAT flooded with the cases, its chairperson Justice Aftab Alam said the number of broadcasting cases has far exceeded those related to telecom sector.

    06 Feb 2016, 2.33 pm  |  Source: PTI

  • Iran to charge in euros for new oil sales and old dues: Sources

    Iran to charge in euros for new oil sales and old dues: Sources  

    A source at state-owned National Iranian Oil Co (NIOC) told Reuters that Iran will charge in euros for its recently signed oil contracts with firms including French oil and gas major Total, Spanish refiner Cepsa and Litasco, the t...

    06 Feb 2016, 2.19 pm  |  Source: Reuters

  • US, India in talks to settle solar power trade dispute

    US, India in talks to settle solar power trade dispute  

    Washington filed the WTO challenge three years ago, claiming that India's national solar power programme illegally discriminated against imported solar panels and related products though its domestic content requirements.

    06 Feb 2016, 2.19 pm  |  Source: Reuters

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