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  • Asian Paints to invest Rs 4,000 cr in new units at K`taka, AP

    Asian Paints to invest Rs 4,000 cr in new units at K'taka, AP  

    Asian Paints chairman Ashwin Choksi said in the latest Annual Report that "the company would be investing in phases at both these facilities to enable it to service the future demand adequately".

    26 Jun 2016, 2.28 pm  |  Source: PTI

  • NHPC plans 600-MW solar project at Koyna dam in Maharashtra

    NHPC plans 600-MW solar project at Koyna dam in Maharashtra  

    The company is already carrying out the feasibility and financial viability study for the project, wherein it plans to set up floating solar panels with pumped storage system, a senior company official said.

    26 Jun 2016, 2.28 pm  |  Source: PTI

  • Indiabulls Housing Finance to raise Rs 300 cr via NCDs

    Indiabulls Housing Finance to raise Rs 300 cr via NCDs  

    "The company proposes to issue 30,000 unsecured non- convertible redeemable debentures (Tier-II) in the nature of subordinated debt with a face value of Rs 1 lakh each aggregating to Rs 300 crore (plus greenshoe option) on a priva...

    25 Jun 2016, 3.10 pm  |  Source: PTI

  • Oman Air plan to have bigger chunk in Indian air travel mkt: CEO

    Oman Air plan to have bigger chunk in Indian air travel mkt: CEO   

    Speaking to CNBC-TV18’s Farah Bookwala Vhora , Paul Gregorowitsch, CEO of Oman Air said the potential for India and Oman is far bigger and the company plans to knock on the governments door again to see if its business can grow ...

    25 Jun 2016, 3.09 pm  |  Source: CNBC-TV18

  • India could benefit from Brexit: YES Bank CEO

    India could benefit from Brexit: YES Bank CEO  

    "In the very near term, there could be some adverse spillover on India through financial linkages with rest of the world. However, I expect the dust to settle down soon as our policymakers have enough ammunition to ward off unwarr...

    25 Jun 2016, 12.40 pm  |  Source: PTI

  • Zuari Agro gets Rs 100-cr unsecured deposit from promoter

    Zuari Agro gets Rs 100-cr unsecured deposit from promoter  

    Fertiliser firm Zuari Agro Chemicals said it has received Rs 100 crore as unsecured deposit from promoter Adventz Finance towards meeting its working capital requirements

    25 Jun 2016, 12.16 pm  |  Source: PTI

  • Axis Bank seek shareholders` nod to raise Rs 35,000cr

    Axis Bank seek shareholders' nod to raise Rs 35,000cr  

    Axis Bank has sought approval of shareholders to raise Rs 35,000 crore through multiple instruments including green bonds and from overseas markets.

    24 Jun 2016, 10.04 pm  |  Source: PTI

  • Vijaya Bank gets shareholders` nod to raise Rs 900 cr

    Vijaya Bank gets shareholders' nod to raise Rs 900 cr  

    The approval came at the bank's Annual General Meeting, the bank said, but did not provide any time-frame for raising the funds.

    24 Jun 2016, 10.04 pm  |  Source: PTI

  • Parag Milk Foods Q4 flat at Rs 16 cr; income up 20% at Rs 414 cr

    Parag Milk Foods Q4 flat at Rs 16 cr; income up 20% at Rs 414 cr  

    Dairy firm Parag Milk Foods, which recently raised Rs 750 crore through an IPO, today reported a flat net profit at Rs 16.09 crore for the quarter ended March.

    24 Jun 2016, 10.04 pm  |  Source: PTI

  • Brexit to have limited impact on pharma industry: ICRA

    Brexit to have limited impact on pharma industry: ICRA  

    "The European markets account for 10-13 percent of total revenues with US being the largest export destination. Accordingly, the impact of GBP and Euro depreciation is likely to be limited," ICRA Ltd Senior VP, Co-head Corporate S...

    24 Jun 2016, 10.00 pm  |  Source: PTI

  • ICICI Bank to further offload stakes in subsidiaries: Kochhar

    ICICI Bank to further offload stakes in subsidiaries: Kochhar  

    ICICI Bank will further dilute stake in its subsidiaries to unlock their value, Managing Director Chanda Kochhar has said

    24 Jun 2016, 7.48 pm  |  Source: PTI

  • Kotak Mahindra MF`s AUM grows 18% to Rs 65k cr

    Kotak Mahindra MF's AUM grows 18% to Rs 65k cr  

    Kotak Mahindra Asset Management Co said its asset under management (AUM) has expanded by a healthy 18 percent to Rs 65,000 crore in the current fiscal so far

    24 Jun 2016, 7.48 pm  |  Source: PTI

  • NTT Data-Dell deal gets CCI green signal

    NTT Data-Dell deal gets CCI green signal  

    Fair trade regulator CCI has approved Japanese major NTT Data International's acquisition of certain assets of computer maker Dell

    24 Jun 2016, 6.48 pm  |  Source: PTI

  • Currency volatility to make IT contracts unviable: NASSCOM

    Currency volatility to make IT contracts unviable: NASSCOM   

    The pound fell to its biggest low since 1985 as the referendum results came in on Friday and such a sharp decline can not be easily covered by IT companies, says NASSCOM President R Chandrashekar.

    24 Jun 2016, 4.56 pm  |  Source: CNBC-TV18

  • Nokia appoints Sanjay Malik India head

    Nokia appoints Sanjay Malik India head  

    Nokia announced the appointment of Sanjay Malik as the head of Indian market, effective August 1

    24 Jun 2016, 3.34 pm  |  Source: PTI

  • Brexit to offer better market access to India: SBI chief

    Brexit to offer better market access to India: SBI chief  

    Brexit will provide the country better market access to the EU and England, even as there will be some market volatility, State Bank of India Chairperson Arundhati Bhattacharya said on June 24

    24 Jun 2016, 3.14 pm  |  Source: PTI

  • Access to market, workforce key post Brexit: Tata Sons

    Access to market, workforce key post Brexit: Tata Sons  

    Tata Sons on June 24 termed access to markets and skilled workforce as "important considerations" after Britain voted in favour of leaving the European Union and said that each of its 19 firms having interests in the UK will do a ...

    24 Jun 2016, 2.52 pm  |  Source: PTI

  • GIPCL becomes successful bidder for another solar project

    GIPCL becomes successful bidder for another solar project  

    Gujarat Industries Power Company on June 24 said it has bid successfully for one more solar power project in Gujarat under National Solar Mission (NSM) Phase-II

    24 Jun 2016, 2.52 pm  |  Source: PTI

  • HDFC to raise Rs 1,035 cr via bonds on private placement

    HDFC to raise Rs 1,035 cr via bonds on private placement  

    HDFC on June 24 said it will raise Rs 1,035 crore through issuance of debentures on a private placement basis to augment its long-term capital resources

    24 Jun 2016, 2.52 pm  |  Source: PTI

  • Impact of Brexit on Mahindra Group will be muted: CFO

    Impact of Brexit on Mahindra Group will be muted: CFO  

    Britain's exit from the European Union will have a muted impact on the over USD 17 billion Mahindra Group, but the event highlights the importance of sound risk management for the corporate world, the Group said on June 24

    24 Jun 2016, 2.52 pm  |  Source: PTI

  • Volkswagen Korea executive arrested over emissions fraud

    Volkswagen Korea executive arrested over emissions fraud  

    Seoul prosecutors arrested an executive of Volkswagen's South Korean unit on June 24, as part of an ongoing probe into the emissions fraud scandal that engulfed the German carmaker

    24 Jun 2016, 2.24 pm  |  Source: PTI

  • Brexit negative for Indian IT industry: Ex-Infosys CEO

    Brexit negative for Indian IT industry: Ex-Infosys CEO  

    Stating that uncertainty is not good for industry in general, and currency movements are going to be unpredictable at this point of time, he said one does not know now whether this is going to trigger a cascading set of reactions.

    24 Jun 2016, 2.24 pm  |  Source: PTI

  • GPL to develop residential township in Bengaluru

    GPL to develop residential township in Bengaluru  

    The residential township project, to be build under the development management model, is spread across 100 acre and has a developable potential of around 8,30,000 sqm.

    24 Jun 2016, 2.24 pm  |  Source: PTI

  • BoI raises Rs 500 cr via Basel-III bonds

    BoI raises Rs 500 cr via Basel-III bonds  

    "The Bank has raised Rs 500 crore by issue of Basel-III compliant additional Tier-1 bonds (Series-Ill)", it said in a regulatory filing.

    24 Jun 2016, 2.24 pm  |  Source: PTI

  • Unichem gets USFDA nod for its Donepezil hydrochloride tabs

    Unichem gets USFDA nod for its Donepezil hydrochloride tabs  

    The company has "received abbreviated new drug application (ANDA) approval from the United States Food and Drug Administration (USFDA) for Donepezil Hydrochloride tablets USP," Unichem Laboratories said in a filing to BSE.

    24 Jun 2016, 2.24 pm  |  Source: PTI

  • RBI always ready to act when markets misbehave, says Rajan

    RBI always ready to act when markets misbehave, says Rajan   

    Speaking exclusively to CNBC-TV18 RBI governor Raghuram Rajan took questions from Latha Venkatesh and Udayan Mukherjee on a wide variety of topics -- the most on Brexit and its ramifications.

    24 Jun 2016, 12.44 pm  |  Source: CNBC-TV18

  • Myntra eyes 20-fold jump in revenue from mega sale

    Myntra eyes 20-fold jump in revenue from mega sale  

    The company, which was acquired by Flipkart in 2014, expects about 10 million people to shop on its platform on the two sale days.

    24 Jun 2016, 12.26 pm  |  Source: PTI

  • Glenmark gets USFDA final nod for anti-fungal ointment

    Glenmark gets USFDA final nod for anti-fungal ointment  

    The company also received tentative approval for Olmesartan medoxomil, used for the treatment of high blood pressure.

    24 Jun 2016, 11.44 am  |  Source: PTI

  • Power Company asked to cough up Rs 17,000 for deficient service

    Power Company asked to cough up Rs 17,000 for deficient service  

    Thane District Consumer Redressal Forum president Sneha Mhatre and members Madhuri Vishwarupe and N D Kadam, in their order issued yesterday, directed the division office of Maharashtra State Electricity Distribution Company (MSED...

    24 Jun 2016, 11.38 am  |  Source: PTI

  • Adani`s Australia coal mine project faces another legal hurdle

    Adani's Australia coal mine project faces another legal hurdle  

    Whitsunday Residents Against Dumping, claiming to save the Great Barrier Reef, brought an application to the Queensland Supreme Court that sought a hearing to determine whether the state's environment department properly considere...

    24 Jun 2016, 11.04 am  |  Source: PTI

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