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  • ITC to invest Rs 800 cr in Odisha for hotel, food park

    ITC to invest Rs 800 cr in Odisha for hotel, food park  

    With its genesis in the tobacco industry, the Kolkata-based company has diversified into multiple sectors including hospitality and consumer goods. It operates a chain of star hotels.

    14 Feb 2016, 9.02 pm  |  Source: PTI

  • Steel sector hopeful of revival on MIP, FY17 Budget: Jindal

    Steel sector hopeful of revival on MIP, FY17 Budget: Jindal  

    The steel sector is hopeful that the country's economy should grow by 8-8.5 per cent, which would help the industry to revive, Jindal told reporters on the sidelines of a 'Make in India' Week event.

    14 Feb 2016, 9.02 pm  |  Source: PTI

  • Sterlite Power inks agreement with Finland firm Sharper Shape

    Sterlite Power inks agreement with Finland firm Sharper Shape  

    Sterlite Power today entered into partnership with Finland's unmanned aerial vehicles solutions provider Sharper Shape for inspection of power transmission projects.

    14 Feb 2016, 9.02 pm  |  Source: PTI

  • SnapBizz raises funding from Ratan Tata

    SnapBizz raises funding from Ratan Tata  

    This is Tata's eighth investment in startups in 2016 so far. Tata, former Tata Group chairman, has invested over 20 startups so far.

    14 Feb 2016, 9.00 pm  |  Source: PTI

  • Invest in India or you may `miss the bus`: Cisco

    Invest in India or you may 'miss the bus': Cisco  

    Noting that every company in this world would become technology-based, Chambers said 40 per cent of non-tech companies running today will disappear in the next 10 years.

    14 Feb 2016, 9.00 pm  |  Source: PTI

  • L&T may get nod from Odisha to set up 3 mtpa aluminium plant

    L&T may get nod from Odisha to set up 3 mtpa aluminium plant  

    The company is planning to set up a 3 mtpa green field integrated aluminium refinery in the state with an estimated investment of Rs 12,000 crore.

    14 Feb 2016, 9.00 pm  |  Source: PTI

  • Patnaik unveils road map to garner Rs 2.25 lakh cr investment

    Patnaik unveils road map to garner Rs 2.25 lakh cr investment  

    The five focused sectors identified are agro and food processing especially fish processing, chemicals and petrochemicals, textiles, downstream and ancillary industries and ESDM (electronic system design and manufacturing) and IT/...

    14 Feb 2016, 8.56 pm  |  Source: PTI

  • L&T Finance invests Rs 100 cr in TDI`s township at Panipat

    L&T Finance invests Rs 100 cr in TDI's township at Panipat  

    TDI Infracorp had last month gave an exit to Kotak Realty Fund from its housing project in Sonepat by repaying a debt of Rs 110 crore.

    14 Feb 2016, 1.26 pm  |  Source: PTI

  • `Electric car Formula E race to help Mahindra`

    'Electric car Formula E race to help Mahindra'  

    Mahindra's participation in the world championship for electric cars Formula E will help the company in development of mass-produced eco-friendly vehicles, according to a top official of the series.

    14 Feb 2016, 1.26 pm  |  Source: PTI

  • Auto exports from India decline 19% in January

    Auto exports from India decline 19% in January  

    million to Algeria. Besides, PVs worth USD 158 million were exported to Sri Lanka. UK shipments accounted for USD 335 million.

    14 Feb 2016, 12.16 pm  |  Source: PTI

  • Kalyani Group, Sweden`s Saab tie up for air defence systems

    Kalyani Group, Sweden's Saab tie up for air defence systems  

    The joint venture, which will be set up by Saab and Kalyani Strategic Systems Ltd (KSSL), the defence arm of Kalyani Group, will handle the main part of production and delivery of these air defence systems to the Indian customer i...

    13 Feb 2016, 2.58 pm  |  Source: PTI

  • The opportunity from govt`s tech push: Infosys COO

    The opportunity from govt's tech push: Infosys COO   

    In an interview with CNBC-TV18, UB Pravin Rao, COO, Infosys, discussed the opportunities and bottlenecks facing the Indian IT industry with respect to government contracts and how the two are working more closely to push the gover...

    13 Feb 2016, 2.44 pm  |  Source: CNBC-TV18

  • Indian diaspora a huge asset to India-UK ties: Navtej Sarna

    Indian diaspora a huge asset to India-UK ties: Navtej Sarna  

    Navtej Sarna, who took over his post in London last month, was addressing a gathering of nearly a hundred representatives of different social, cultural and ethnic associations of the Indian diaspora as well as Indian-origin member...

    13 Feb 2016, 2.24 pm  |  Source: PTI

  • Anil Agarwal firm to invest $10 bn on LCD manufacturing firm

    Anil Agarwal firm to invest $10 bn on LCD manufacturing firm  

    Anil Agarwal-led firm Twinstar Display Technologies will sign a memorandum of understanding (MoU) with Maharashtra government to set up the facility. The pact will be inked as part of the Digital India week, which commences in Mum...

    13 Feb 2016, 2.24 pm  |  Source: PTI

  • `Make in India` to open up biz opportunities for cos: Kalyani

    'Make in India' to open up biz opportunities for cos: Kalyani   

    Baba Kalyani, Chairman of Bharat Forge says that events like these help in bringing together companies at one place and provide opportunity to expand business relationships and network.

    13 Feb 2016, 2.14 pm  |  Source: CNBC-TV18

  • SBI to auction Kingfisher House on March 17

    SBI to auction Kingfisher House on March 17  

    The e-auction will be done under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002.

    13 Feb 2016, 12.50 pm  |  Source: PTI

  • IDBI Bank to raise $500 mn via bonds

    IDBI Bank to raise $500 mn via bonds  

    AT-1 bonds, which qualify as core or equity capital, are one of the means of raising capital by public sector banks that require Rs 1.80 lakh crore by March 2019 to meet global norms on capital adequacy (Basel III).

    13 Feb 2016, 12.48 pm  |  Source: PTI

  • Skipper bags Rs 500 crore orders in engineering and infra space

    Skipper bags Rs 500 crore orders in engineering and infra space  

    Skipper Ltd, a power transmission & distribution and PVC pipes manufacturing player, also said that it has commenced trial production of its PVC plant in Sikandrabad.

    13 Feb 2016, 12.46 pm  |  Source: PTI

  • Budget 2016: Now or never: Hanging out with the Gamesa India boss

    Budget 2016: Now or never: Hanging out with the Gamesa India boss  

    Gamesa India Chairman Ramesh Kymal emphasized on the need for equality between energy sectors, to hit that target announced.

    12 Feb 2016, 10.28 pm  |  Source: CNBC-TV18

  • Lupin confident of growth in US going ahead

    Lupin confident of growth in US going ahead   

    "I now the first half of this year has been challenging for us. Q3, you have already started seeing recovery. Q4, you will more so and into the next year, but when I think about the business from the next couple of years' perspect...

    12 Feb 2016, 10.23 pm  |  Source: CNBC-TV18

  • Will set up $400 mn campus in B`lore, says Oracle`s global CEO

    Will set up $400 mn campus in B'lore, says Oracle's global CEO   

    While saying speed is of essence, Oracle global CEO Safra Catz says there is a need to simplify processes in India. She is also looking forward to the GST

    12 Feb 2016, 9.59 pm  |  Source: CNBC-TV18

  • RailYatri.in to double headcount; eyes 2 mn userbase

    RailYatri.in to double headcount; eyes 2 mn userbase  

    The Helion Venture Partners-backed app also expects to cross the 2 million monthly userbase by the end of the ongoing fiscal.

    12 Feb 2016, 9.22 pm  |  Source: PTI

  • GSPL gets CCI nod to raise stake in Sabarmati Gas

    GSPL gets CCI nod to raise stake in Sabarmati Gas  

    Gujarat State Petronet, which is engaged in laying, building and operating natural gas pipelines and city gas distribution (CGD) networks, among others, currently holds 13.76 per cent stake in Sabarmati Gas.

    12 Feb 2016, 9.22 pm  |  Source: PTI

  • Sun Pharma to ask FDA in Q1 FY17 for Halol re-inspection

    Sun Pharma to ask FDA in Q1 FY17 for Halol re-inspection  

    The significant violations included the company's failure "to maintain floors, walls, and ceilings of smooth, hard surfaces that are easily cleanable in aseptic processing areas".

    12 Feb 2016, 9.18 pm  |  Source: PTI

  • Ceat to invest Rs 300 cr on a new plant in Maharashtra

    Ceat to invest Rs 300 cr on a new plant in Maharashtra  

    "Given the strong growth potential in the OTR (Off the road) sector and its synergy with Ceat capabilities, we have taken a strategic decision to increase our focus there," Ceat Ltd Managing Director Anant Goenka said.

    12 Feb 2016, 9.14 pm  |  Source: PTI

  • Ashok Leyland-John Deere JV scales down operations

    Ashok Leyland-John Deere JV scales down operations  

    Ashok Leyland's JV with John Deere involves manufacturing of construction equipment with products like Backhoe loaders, four-wheel-drive loaders and excavators under both Ashok Leyland and John Deere brands.

    12 Feb 2016, 6.18 pm  |  Source: PTI

  • RKSV Securities raises $ 4 mn from Kalaari, GVK Davix & others

    RKSV Securities raises $ 4 mn from Kalaari, GVK Davix & others  

    Founded in 2012, RKSV is an online investing and trading platform and accounts for close to Rs 6,000 crore of daily traded turnover across the NSE, BSE, and MCX.

    12 Feb 2016, 6.18 pm  |  Source: PTI

  • Infosys to reward 20 entrepreneurs for fresh ideas

    Infosys to reward 20 entrepreneurs for fresh ideas  

    "Any individual can present the idea, there will be a jury judging those ideas. If the ideas are interesting and relevant to current problems, then we'll give the award just to recognise and encourage," the company's Chief Operati...

    12 Feb 2016, 6.18 pm  |  Source: PTI

  • M&M to consolidate agri biz under Mahindra Shubhlabh Services

    M&M to consolidate agri biz under Mahindra Shubhlabh Services  

    Homegrown diversified group Mahindra & Mahindra (M&M)today announced plans to consolidate its agri business under a single entity by transferring its agriculture division to a wholly-owned arm.

    12 Feb 2016, 6.08 pm  |  Source: PTI

  • Unitech`s sales booking up 25% to Rs 832 cr in Apr-Dec FY16

    Unitech's sales booking up 25% to Rs 832 cr in Apr-Dec FY16  

    According to an analyst presentation, Unitech sold 1.14 million sq ft of area for Rs 832 crore in the April-December period of 2015-16.

    12 Feb 2016, 4.22 pm  |  Source: PTI

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