In an interview to CNBC-TV18, Mayur Milak, Senior Research Analyst at IndiaNivesh Securities spoke about the impact of goods and services tax (GST) on airline sector.
In an interview to CNBC-TV18, Sanjay Gupta, Chairman of Engineers India spoke about the results and his outlook for the company.
The company is backed by Narayan Murthy's Catamaran Ventures, Venk Krishnan and Subba Rao of NuVentures, Kris Gopalakrishnan, co-founder of Infosys, Hemendra Kothari of DSP Blackrock, Atul Nishar – founder & Chairman of Hexaware Technologies, Rajeev Gupta, veteran investment banker and founder of Arpwood Capital, Accel and SAIF Partners.
People of Angul, Jharsuguda, Sambalpur and Sundargarh districts would benefit from the step taken under MCL's Corporate Social Responsibility (CSR) programme, a company release said today.
Ravi Shankar Prasad, the union minister for Electronics and IT said, government officials were in touch with Apple and other mobile phone manufacturers for expanding facilities and setting up new plants.
GST for solar renewable at the rate of 18 percent will not impact the company's tariffs because most of their solar projects got concluded before March 31, said Anil Sardana, MD, Tata Power.
The company has received final approval from the United States Food and Drug Administration (USFDA) to market Cyproheptadine Hydrochloride tablets in the strength of 4 mg, Cadila Healthcare said in a BSE filing.
With this acquisition, the company's total DWT (deadweight tonnage) capacity now stands at 1.6 million and its average fleet age has fallen to 12 years from 13.5 years earlier, it said.
With the commissioning of the third unit, Bhel has successfully executed the 1,980 MW coal-based supercritical thermal power project in Uttar Pradesh, the company said in a regulatory filing.
IDBI Bank has initiated the process of scouting for a buyer to sell its mutual fund business, indicating further consolidation in the Rs 19-lakh crore mutual fund industry
Post exit of Shell and Engie (previously known as GDF Suez), state-owned gas utility GAIL India Ltd is negotiating with Andhra Pradesh government on possible structure of the project, GAIL Chairman and Managing Director B C Tripathi said.
"The debenture issue committee at its meeting held today has approved the issue of 1,500 unsecured non-convertible debentures of Rs 10 lakh each aggregating to Rs 150 crore by way of private placement," Great Eastern Shipping said in a BSE filing.
The proverbial silver spoon is viewed by the world at large as an unfair advantage, but those born with it know that entitlement isn’t enough to justify ascension in these times.
"The Forum for Information Technology Employees (FITE) will be getting itself registered formally as the first union for IT employees in India," forum's vice-president Vasumathi said.
In Paytm Payments Bank, One97 Communications owns a 49 percent stake and Vijay Shekhar Sharma owns 51 percent.
In an interview to CNBC-TV18, Revati Kasture, Senior Director at CARE Ratings spoke about Reliance Communication's loan downgrades.
I am hopeful that RBI will carry out a resolution with urgency, said Leo Puri, MD, UTI Asset Management Company.
The company is also focusing on segments like Rail EPC and Bridges where the demand is strong, said Executive Director AK Vijay of Texmaco Rail and Engineering.
The first branch will come up Noida. In its first year, Paytm plans to expand to 31 brick-and-mortar branches and add 3,000 customers. By 2020, it plans to add 500 million customers.
In an interview to CNBC-TV18, RK Bansal, Former ED of IDBI Bank spoke about Reserve Bank of India's strategy regarding non-performing asset (NPA).
In India, the KFC has partnered with Smile Foundation and other organisations to feed over 10,300 underprivileged children every day, a KFC release said here today.
The company had suspended production at the plant after fire broke out in the back-up generator unit of the plant on May 18.
"The Tata Power Company Limited's (TPC, Ba3 negative) results for the fiscal year ending March 2017 (FY2017), are within Moody's expectations and continues to support its Corporate Family Rating of Ba3," it said in a statement.
Paytm, which runs India's biggest electronic wallet, said it will offer an interest rate of 4 percent per annum on deposits.
CNBC-TV18 learns from sources that ICICI Bank is likely to file a draft red herring prospectus (DRHP) for the ICICI Lombard IPO as soon as Q4 of this fiscal.