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  • Aiming for 1 million subscribers by FY17-end: Ortel Comm

    Aiming for 1 million subscribers by FY17-end: Ortel Comm   

    Most of the growth comes from acquisitions, says Bibhu Prasad Rath, CEO of the company. The target is to achieve 1 million subscribers by this fiscal.

    26 Sep 2016, 12.13 pm  |  Source: CNBC-TV18

  • Have built large capabilities for aerospace, says Kalyani Group

    Have built large capabilities for aerospace, says Kalyani Group   

    India has sealed a mega Rs 58,000 crore deal to buy French Rafale fighter jets. In an interview to CNBC-TV18, Rajinder Bhatia, President & CEO- Defence & Aerospace at Kalyani Group said that the details of the deal are yet to be s...

    26 Sep 2016, 11.30 am  |  Source: CNBC-TV18

  • Marksans Pharma gets USFDA clearance for allergy drug

    Marksans Pharma gets USFDA clearance for allergy drug  

    In a BSE filing today, Marksans Pharma said, "USFDA has granted approval for an abbreviated new drug application (ANDA) for loratadine liquid filled capsules 10 mg." Loratadine liquid-filled capsules are therapeutically equivalent...

    26 Sep 2016, 11.08 am  |  Source: PTI

  • Expect topline, margin to rise by 10-15% in FY17: India Glycols

    Expect topline, margin to rise by 10-15% in FY17: India Glycols   

    India Glycols is concentrating on consolidating its business and has no plans to raise capital, says Rakesh Bhartia, CEO of the company.

    26 Sep 2016, 11.07 am  |  Source: CNBC-TV18

  • Patanjali`s Rs 1,600 cr food park coming up in Uttar Pradesh

    Patanjali's Rs 1,600 cr food park coming up in Uttar Pradesh  

    "It is almost finalised now. You may see an announcement by Patanjali Ayurved for an investment of around Rs 1,600 crore in Noida for setting up a food processing plant around Diwali," a senior UP government official privy to the ...

    26 Sep 2016, 10.08 am  |  Source: PTI

  • Exim Bank to raise up to $1.5 bn via bonds this fiscal

    Exim Bank to raise up to $1.5 bn via bonds this fiscal  

    "In an average year, we need to raise USD 2-2.5 billion. Definitely, we will be going to market once this year, but size and time have to be decided depending on market conditions," Exim Bank CMD Yaduvendra Mathur told PTI.

    26 Sep 2016, 10.08 am  |  Source: PTI

  • Vedanta upbeat on success of Goa iron ore ops; says worst over

    Vedanta upbeat on success of Goa iron ore ops; says worst over  

    Goa produces low grade iron ore (Fe content below 58 percent), which is exported to China. After removal of the mining ban by the Supreme Court in 2014, the state is allowed to mine 20 million tonnes (MT), with the highest share o...

    26 Sep 2016, 10.08 am  |  Source: PTI

  • PE investment falls for 3rd month, Aug deal tally at $1 bn

    PE investment falls for 3rd month, Aug deal tally at $1 bn  

    According to assurance, tax and advisory firm Grant Thornton, there were 85 PE transactions worth USD 1,090 million while in August 2015, there were 103 deals worth USD 1,720 million.

    26 Sep 2016, 10.08 am  |  Source: PTI

  • Intex eyes Rs 100 cr from handsets exports this fiscal

    Intex eyes Rs 100 cr from handsets exports this fiscal  

    The company has presence in Nepal, Sri Lanka, Bangladesh, Vietnam, Myanmar, Spain and had clocked around Rs 7-8 crore from exports last year.

    26 Sep 2016, 10.08 am  |  Source: PTI

  • MMF, Finolex join hands to help children with cerebral palsy

    MMF, Finolex join hands to help children with cerebral palsy  

    The two organisations first came together in November 2015 to help such children in Satara near here, after the Foundation was approached by the district administration which in a survey had identified 314 children diagnosed with ...

    26 Sep 2016, 9.42 am  |  Source: PTI

  • Kalyan Jewellers on expansion mode; eyes Rs 13,000 cr business

    Kalyan Jewellers on expansion mode; eyes Rs 13,000 cr business  

    After entering the Chennai market last year, the jewellery manufacturer inaugurated two stores here today, taking the total number of outlets in the city to five with investments of up to Rs 430 crore, according to its Executive D...

    26 Sep 2016, 9.42 am  |  Source: PTI

  • Tata Power customers can know about their daily consumption

    Tata Power customers can know about their daily consumption  

    TPDDL CEO and Managing Director Praveer Sinha said consumers, by using an app in their smart phones, will be able to access a host of information such as consumption during peak and off-peak hours, details of consumption for any p...

    26 Sep 2016, 9.42 am  |  Source: PTI

  • Ola in talks with PSUs for corporate offering

    Ola in talks with PSUs for corporate offering  

    "Ola Corporate's strength lies in providing agile solutions which help organisations in designing and customising their travel policies while streamlining the entire process. We are in talks with many PSUs and by next year, we wou...

    26 Sep 2016, 9.42 am  |  Source: PTI

  • Promoter holding to stay at 60% post buyback: Vardhman Textiles

    Promoter holding to stay at 60% post buyback: Vardhman Textiles   

    Vardhman aims to buyback 9.62 percent of the total share capital which amounts to Rs 720 crore.

    26 Sep 2016, 9.24 am  |  Source: CNBC-TV18

  • Why it’s good to have a graveyard of food-tech apps

    Why it’s good to have a graveyard of food-tech apps  

    Even as the graveyard for food tech startups expands, a few saner ones have remodeled businesses, rolled back discounts, cash backs and aiming it profits in the longer run.

    26 Sep 2016, 9.12 am  |  Source: Moneycontrol.com

  • Labour unrest: HMSI says Tapukara plant running above capacity

    Labour unrest: HMSI says Tapukara plant running above capacity  

    The Tapukara plant has a daily capacity of 4,400 units but is now rolling out 4,400-4,500 units to meet rising demand, Singh added. The plant produces the bike brand Shine, and the largest selling two-wheeler Activa, apart from th...

    26 Sep 2016, 9.12 am  |  Source: PTI

  • Cairn to spend $150 mn on 10 exploratory wells in AP

    Cairn to spend $150 mn on 10 exploratory wells in AP  

    An Expert Appraisal Committee (EAC) under the Ministry of Environment, Forests and Climate Change examined and gave its nod to the proposal under Coastal Regulatory Zone (CRZ) perspective for drilling to Cairn India. The project w...

    26 Sep 2016, 7.50 am  |  Source: PTI

  • Film industry realisations may reach $3.7 bn by 2020: Report

    Film industry realisations may reach $3.7 bn by 2020: Report  

    "The Indian film industry is the largest in the world in terms of number of films produced with around 1,500 to 2,000 films produced every year in more than 20 languages.

    26 Sep 2016, 7.50 am  |  Source: PTI

  • RJio says COAI voting norms skewed in favour of 3 operators

    RJio says COAI voting norms skewed in favour of 3 operators   

    The Mukesh Ambani's telecom venture - currently engaged in a bitter war of words with incumbent players over the interconnect issue -- has also sought an overhaul of COAI norms claiming that the "current voting mechanism does not ...

    26 Sep 2016, 7.50 am  |  Source: PTI

  • Top six cos add Rs 33,985 cr in m-cap, RIL scales up the most

    Top six cos add Rs 33,985 cr in m-cap, RIL scales up the most  

    While TCS, RIL, HDFC Bank, HDFC, ONGC and Coal India saw gains in their market capitalisation (m-cap) for the week ended Friday, ITC, Infosys and HUL suffered losses.

    26 Sep 2016, 7.50 am  |  Source: PTI

  • India Inc`s generation-next leaders join crorepati club

    India Inc's generation-next leaders join crorepati club  

    With a number of corporate houses promoting sons and daughters of their promoters to leadership positions, many of these companies have begun giving hefty remuneration packages to them for their "increased responsibilities" and "a...

    26 Sep 2016, 7.50 am  |  Source: PTI

  • Tata Steel set for trade union talks in UK

    Tata Steel set for trade union talks in UK  

    A source close to the talks told the newspaper that Tata Steel and ThyssenKrupp could formalise the deal within weeks, even if the pension issue has not been resolved, but the tie-up would be contingent on resolving the pensions d...

    26 Sep 2016, 7.48 am  |  Source: PTI

  • Stayzilla inks pact with Guj Tourism to encourage homestays

    Stayzilla inks pact with Guj Tourism to encourage homestays  

    This is the third such tie-up for Stayzilla.com, after its partnerships with Madhya Pradesh State Tourism Development Corporation and Uttarakhand Tourism Development Board.

    26 Sep 2016, 7.48 am  |  Source: PTI

  • Never received any money from NSEL`s profit, says FTIL

    Never received any money from NSEL's profit, says FTIL  

    Embattled Financial Technologies has told shareholders that it never got any money from NSEL's profit and also cautioned them against vested interests spreading rumours about the government order on merging the bourse with the com...

    25 Sep 2016, 4.00 pm  |  Source: PTI

  • Loss-making cos get more leeway in deciding managerial pay

    Loss-making cos get more leeway in deciding managerial pay  

    Loss-making corporates now have more freedom in deciding managerial salaries, with the government hiking the stipulated executive pay limit under the companies law.

    25 Sep 2016, 2.58 pm  |  Source: PTI

  • ICICI Bank eyes 5 million transactions via voice-recognition

    ICICI Bank eyes 5 million transactions via voice-recognition  

    ICICI Bank has said it has brought 32 lakh customers under the voice recognition service for phone banking and is aiming to conduct 50 lakh transactions via this facility by the end of this fiscal.

    25 Sep 2016, 1.32 pm  |  Source: PTI

  • Puravankara to raise up to Rs 1,500 crore via debentures

    Puravankara to raise up to Rs 1,500 crore via debentures  

    Realty firm Puravankara Projects plans to raise up to Rs 1,500 crore by issuing non-convertible debentures for execution of its projects.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • Himalaya to hire 1,000 people, eyes Rs 2,500 cr revenue in FY18

    Himalaya to hire 1,000 people, eyes Rs 2,500 cr revenue in FY18  

    Maintaining over 20 percent CAGR, wellness firm Himalaya Drug Company is looking at Rs 2,500 crore revenue next fiscal and plans to hire around 1,000 people as it enters new verticals and expands distribution network.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • Direct sellers mull steps to check online sales sans consent

    Direct sellers mull steps to check online sales sans consent  

    Direct sellers such as Amway, Tupperware and Network Communications, are mulling steps to prevent the selling of their products on online marketplaces without their consent in the wake of new guidelines issued by the government.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • Deutsche Boerse to set IT infra for BSE International Exchange

    Deutsche Boerse to set IT infra for BSE International Exchange  

    Leading stock exchange BSE has roped in markets operator Deutsche Boerse to set up trading infrastructure for BSE International Exchange at Gujarat International Finance Tec-City (GIFT) city.

    25 Sep 2016, 12.52 pm  |  Source: PTI

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