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  • Modi not to attend SAARC Summit

    Modi not to attend SAARC Summit   

    Prime Minister Narendra Modi will not attend the SAARC Summit in Islamabad in November amidst heightened tension between India and Pakistan.

    27 Sep 2016, 9.52 pm  |  Source: PTI

  • Reasonably possible to meet Apr deadline for GST: Jaitley

    Reasonably possible to meet Apr deadline for GST: Jaitley   

    Lauding the progress achieved so far on GST implementation, Finance Minister Arun Jaitley today exuded confidence that it is "reasonably possible" to meet the April 1 deadline to roll out the new indirect tax regime.

    27 Sep 2016, 8.56 pm  |  Source: PTI

  • NHAI awards Rs 2,845-cr proj in UP to Dilip Buildcon

    NHAI awards Rs 2,845-cr proj in UP to Dilip Buildcon  

    National Highways Authority of India (NHAI) today said it has awarded a Rs 2,845 crore project in Uttar Pradesh to Dilip Buildcon.

    27 Sep 2016, 8.38 pm  |  Source: PTI

  • Lanco may sell majority stake in coal projects to pare debt

    Lanco may sell majority stake in coal projects to pare debt  

    Debt�laden Lanco Infratech may spin off its coal power projects into a single holding company and then may sell majority of it to OPG Power Ventures to ease the burden, sources close to the development said today.

    27 Sep 2016, 8.38 pm  |  Source: PTI

  • HDFC Ergo aims to maintain mkt share in crop insurance

    HDFC Ergo aims to maintain mkt share in crop insurance  

    HDFC Ergo is looking at keeping its market share at 10 per cent in the crop insurance segment through its participation in Pradhan Mantri Fasal Bima Yojana (PMFBY), a top company executive said today.

    27 Sep 2016, 8.38 pm  |  Source: PTI

  • Multiplex screens set to rise over 3,000 by 2019: Report

    Multiplex screens set to rise over 3,000 by 2019: Report  

    The cinema exhibition industry, which has witnessed significant consolidation in recent years, would have over 3,000 multiplex screens by 2019, said ratings agency ICRA.

    27 Sep 2016, 7.44 pm  |  Source: PTI

  • Nalco buys back 64.43 crore shares worth Rs 2,835 crore

    Nalco buys back 64.43 crore shares worth Rs 2,835 crore  

    In May, the state-run firm has announced the buyback of up to 64,43,09,628 shares (representing 25 per cent of the total number of shares in the paid-up share capital of the company).

    27 Sep 2016, 6.58 pm  |  Source: PTI

  • Foreign investment limit in Motherson Sumi hiked to 30%

    Foreign investment limit in Motherson Sumi hiked to 30%  

    Foreign institutional investors/registered foreign portfolio investors can, under the Portfolio Investment Scheme (PIS), now invest up to 30 percent of the paid up capital of Motherson Sumi Systems Limited, RBI said in a notificat...

    27 Sep 2016, 6.58 pm  |  Source: PTI

  • NIIT acquires business of ed-tech startup Perceptron

    NIIT acquires business of ed-tech startup Perceptron  

    Learning solutions provider NIIT has acquired the business of Bangalore-based start-up Perceptron Learning in a bid to accelerate its digital transformation initiatives – StackRoute, digiNxt, and Training.com.

    27 Sep 2016, 6.44 pm  |  Source: Moneycontrol.com

  • CIL to offer 20 MT coal under special spot e-auction

    CIL to offer 20 MT coal under special spot e-auction  

    State-owned CIL today announced one-time offer of 20 million tonnes of coal under special spot e-auction in the ongoing fiscal.

    27 Sep 2016, 6.10 pm  |  Source: PTI

  • Amplus to invest Rs 90 cr in Walmart`s rooftop solar plants

    Amplus to invest Rs 90 cr in Walmart's rooftop solar plants  

    Amplus Energy Solutions has committed an investment of Rs 90 crore to install and commission 15 rooftop solar power plants for world's leading retailer Walmart in India.

    27 Sep 2016, 6.10 pm  |  Source: PTI

  • Corporate bonds: Gandhi cautions against ignoring bank funding

    Corporate bonds: Gandhi cautions against ignoring bank funding  

    Even as the government and the Reserve Bank are working in concert to deepen the corporate bond markets, deputy governor R Gandhi today said we must be "realistic" in our goals and not squeeze out the bank financing in the process...

    27 Sep 2016, 6.10 pm  |  Source: PTI

  • ICICI Bank hits 1 lakh VPA registrations on UPI app

    ICICI Bank hits 1 lakh VPA registrations on UPI app  

    ICICI Bank said customers of any bank who have created their VPA on 'Pockets' as well as ICICI Bank customers using 'iMobile' can soon pay using their smartphone at over 6,500 HPCL petrol pumps and more than 2,000 stores of ABFRL ...

    27 Sep 2016, 6.10 pm  |  Source: PTI

  • Moody`s upgrades Tata Motors on JLR boost, strong domestic ops

    Moody's upgrades Tata Motors on JLR boost, strong domestic ops  

    Moody's has assigned Ba1 rating to Tata Motors, up from the earlier Ba2, the rating agency said in a statement today.

    27 Sep 2016, 6.08 pm  |  Source: PTI

  • Centre to utilise waterways to transport logistics: Gadkari

    Centre to utilise waterways to transport logistics: Gadkari  

    Gadkari said this hailing the arrival of car carrier ship MV Dresdan with 500 cars at Coachin Port.

    27 Sep 2016, 6.04 pm  |  Source: PTI

  • RPower to double power plants` capacity;plans 400MW solar unit

    RPower to double power plants' capacity;plans 400MW solar unit  

    Addressing RPower's 22nd Annual General Meeting, he said it will double the capacity of its Rosa and Butibori power plants to 2400 MW and 1200 MW respectively.

    27 Sep 2016, 6.04 pm  |  Source: PTI

  • ISA urges govt to extend MIP on steel by 6 months

    ISA urges govt to extend MIP on steel by 6 months  

    ISA has requested the government to favourably consider continuation of the MIP regime pertaining to imports pf 66 HS codes of iron and steel, it said in a statement.

    27 Sep 2016, 6.00 pm  |  Source: PTI

  • NGT notice to MoEF on decentralisation of EC for sand mining

    NGT notice to MoEF on decentralisation of EC for sand mining  

    Taking note of the plea, a bench headed by Justice Jawad Rahim issued notice to the Environment Ministry seeking its reply within two weeks. The matter was listed for next hearing on November 2.

    27 Sep 2016, 6.00 pm  |  Source: PTI

  • Will try to trim RCom debt by 75% in 12 mths: Anil Ambani

    Will try to trim RCom debt by 75% in 12 mths: Anil Ambani   

    Grappling with mountain of debt, Reliance Communications today said it is planning to pare the Rs 42,650-crore burden by up to 75 per cent over the next one year.

    27 Sep 2016, 4.58 pm  |  Source: PTI

  • Two-wheeler sales expected to grow 10-12% in FY17: ICRA

    Two-wheeler sales expected to grow 10-12% in FY17: ICRA  

    Benefits from a favourable monsoon during the current year and expected healthy kharif output supporting rural cash flows are expected to be key factors leading the growth, the rating agency said in a report.

    27 Sep 2016, 4.58 pm  |  Source: PTI

  • Number of chronically stressed companies rise: Credit Suisse

    Number of chronically stressed companies rise: Credit Suisse  

    Credit Suisse's sample of 3,700 listed non-financial companies has an aggregate debt of around USD 500 billion.

    27 Sep 2016, 4.56 pm  |  Source: PTI

  • Monthly returns to be mandatory under GST

    Monthly returns to be mandatory under GST  

    As regards the refunds, the rules specified the procedure for claiming refund of any tax, interest, penalty, fees or any other amount under GST.

    27 Sep 2016, 4.56 pm  |  Source: PTI

  • Chinese user says new Samsung Note 7 exploded

    Chinese user says new Samsung Note 7 exploded  

    The news comes after Samsung was forced to recall 2.5 million Note 7 handsets shipped to the US, South Korea and other markets, following complaints that faulty batteries caused the phones to explode while charging.

    27 Sep 2016, 4.56 pm  |  Source: PTI

  • CoalMin to go `totally digital` from Nov 1: Swarup

    CoalMin to go 'totally digital' from Nov 1: Swarup  

    Among other ministries, the HRD Ministry had also said it is working to ensure that degrees and certificates are given to students in digital format from the 2017 academic session onwards.

    27 Sep 2016, 4.56 pm  |  Source: PTI

  • Max India gets shareholders` nod for composite merger plan

    Max India gets shareholders' nod for composite merger plan  

    As per the approval of the shareholders to the composite scheme of amalgamation and arrangement, it said shareholders have approved amalgamation Max Life Insurance Company Ltd into and with Max Financial Services Ltd (the resultan...

    27 Sep 2016, 4.56 pm  |  Source: PTI

  • UCIL workers go on indefinite strike

    UCIL workers go on indefinite strike  

    Informing about the signing of the MOU, UCIL officials said it was forwarded to the higher authorities of the concerned department and the issue was pending at concerned ministry level for approval.

    27 Sep 2016, 4.56 pm  |  Source: PTI

  • RCom-Jio `virtual merger` means sharing of spectrum assets: Pros

    RCom-Jio 'virtual merger' means sharing of spectrum assets: Pros   

    Virtual merger means sharing and trading of spectrum assets and Reliance Communications already shares and trades in these virtual assets with Reliance Jio, experts tell CNBC-TV18.

    27 Sep 2016, 4.00 pm  |  Source: CNBC-TV18

  • ONGC board vertically split on claiming gas compensation

    ONGC board vertically split on claiming gas compensation  

    The Board of ONGC is split on the issue of claiming compensation for Rs 11,000 crore worth of natural gas spewing from its KG basin block into adjoining fields of Reliance Industries.

    27 Sep 2016, 4.00 pm  |  Source: PTI

  • M&M launches Scorpio with Intelli-Hybrid system in Delhi/NCR

    M&M launches Scorpio with Intelli-Hybrid system in Delhi/NCR  

    Mahindra and Mahindra (M&M) today launched its SUV Scorpio with Intelli-Hybrid system in Delhi/NCR, at a starting price of Rs 9.35 lakh (ex-showroom).

    27 Sep 2016, 4.00 pm  |  Source: PTI

  • Nirmal Group raises Rs 500 cr from Altico Capital

    Nirmal Group raises Rs 500 cr from Altico Capital  

    Real estate developer Nirmal Group today raised Rs 500 crore from Altico Capital, a non-banking finance company (NBFC), for construction of residential projects.

    27 Sep 2016, 4.00 pm  |  Source: PTI

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