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  • Irdai to form actuary panels for life, general insurers

    Irdai to form actuary panels for life, general insurers  

    The panel would be required to give an opinion on products filed by an insurer. Further, the regulator may ask any actuary panel to investigate financial position of any insurer or to give an opinion on valuation.

    20 Feb 2017, 6.22 pm  |  Source: PTI

  • Deposit 14% interest on 39 home buyers` money: SC to Unitech

    Deposit 14% interest on 39 home buyers' money: SC to Unitech  

    Slapping a penalty on Unitech Resorts for delaying handing over of flats, the Supreme Court today directed it to deposit 14 per cent interest on Rs 16.55 crore invested by 39 home buyers with it.

    20 Feb 2017, 6.22 pm  |  Source: PTI

  • India`s wheat imports to slow on fumigation rule change

    India's wheat imports to slow on fumigation rule change  

    India's wheat imports from Russia, France and Ukraine could come to a halt after March, as New Delhi has asked exporters to fumigate their cargoes with methyl bromide, an insect control gas banned in Europe and the Black Sea regio...

    20 Feb 2017, 6.03 pm  |  Source: Reuters

  • GrabOnRent to raise $5 million in Series A funding

    GrabOnRent to raise $5 million in Series A funding  

    GrabOnRent, an online product rental service, today said it plans to raise USD five million in series A funding to fuel expansion plans.

    20 Feb 2017, 5.40 pm  |  Source: PTI

  • Profitable growth, not market share the aim:L&T Fin`s Deosthalee

    Profitable growth, not market share the aim:L&T Fin's Deosthalee  

    L&T Finance Holdings will continue to shed its non-core product lines and focus on those where it has a competitive advantage as it aims for an 18 percent return on equity (RoE) by 2020, non-executive Chairman YM Deosthalee said i...

    20 Feb 2017, 5.27 pm  |  Source: Moneycontrol.com

  • Eveready may look at PE investment to scale up packet tea biz

    Eveready may look at PE investment to scale up packet tea biz   

    Eveready may spin off its packet tea business into a 100 percent subsidiary as the board has approved the reorganisation.

    20 Feb 2017, 4.57 pm  |  Source: CNBC-TV18

  • Expect 2017-18 to be a better yr, order flow may improve: L&T

    Expect 2017-18 to be a better yr, order flow may improve: L&T   

    Speaking at the sidelines of Confederation of Indian Industry (CII) CFO Summit 2017 in Mumbai - Larsen & Toubro's CFO, R Shankar Raman said that he expects 2017-18 to be a better year for the company and that orders could trickle ...

    20 Feb 2017, 4.48 pm  |  Source: CNBC-TV18

  • The Luxury of Poverty: Know more about Thyrocare`s A Velumani

    The Luxury of Poverty: Know more about Thyrocare's A Velumani   

    Know more about the Chairman of Thyrocare Technologies, Dr A Velumani in this of episode of - The Luxury of Poverty-Winning against all odds.

    20 Feb 2017, 4.48 pm  |  Source: CNBC-TV18

  • Valuation markdowns blown out of proportion: Flipkart COO

    Valuation markdowns blown out of proportion: Flipkart COO   

    Amid a top-level churn over the past couple of months where five top executives left the company, recent valuation markdowns has meant more bad news for India’s largest e-commerce company.

    20 Feb 2017, 4.39 pm  |  Source: CNBC-TV18

  • Russia to start deliveries of helicopters to India in 2018

    Russia to start deliveries of helicopters to India in 2018  

    India and Russia signed an agreement in October to jointly manufacture 200 of the KA-226T helicopters for the Indian Armed Forces.

    20 Feb 2017, 4.03 pm  |  Source: Reuters

  • Diesel version of Audi A4 launched

    Diesel version of Audi A4 launched  

    The new car is up to 120 KG lighter than the present one due to the adoption of intelligent material mix and there is seven per cent improvement in power and seven per cent improvement in fuel efficiency, CEO of Audi Coimbatore, A...

    20 Feb 2017, 4.02 pm  |  Source: PTI

  • IOC threatens relook at Rs 52,000 cr Odisha investment

    IOC threatens relook at Rs 52,000 cr Odisha investment  

    Indian Oil Corporation (IOC) plans to expand the 15 million tonne a year Paradip refinery by 5 MT as well as set up a Polypropylene Plant and a monoethylene glycol production facility at the site of the one-year old refinery.

    20 Feb 2017, 4.02 pm  |  Source: PTI

  • Our suppliers lost over 2200 jobs due to cash ban: Rajiv Bajaj

    Our suppliers lost over 2200 jobs due to cash ban: Rajiv Bajaj  

    A significant part of rural two-wheeler sales still depend on cash transactions. These are pockets where banks are yet to make significant inroads. Demonetisation crippled their farm income resulting fall in demand for two-wheeler...

    20 Feb 2017, 3.49 pm  |  Source: Moneycontrol.com

  • NTPC to train discom officials to make IPDS more effective

    NTPC to train discom officials to make IPDS more effective  

    The Budget 2017 has provided Rs 5,821.22 crore under IPDS for the next fiscal against revised estimates of Rs 4,524.01 crore for the current finanacial year.

    20 Feb 2017, 3.38 pm  |  Source: PTI

  • Mistry says HDFC Life-Max Life merger is a structural change

    Mistry says HDFC Life-Max Life merger is a structural change  

    Irdai had expressed reservations about the deal structure in the proposed merger of the two entities. An application was filed on September 21, 2016, by Max Life and HDFC Life, seeking in-principle nod for the amalgamation scheme.

    20 Feb 2017, 3.38 pm  |  Source: PTI

  • TCS board approves buyback of up to 5.6 cr shares at Rs 2850/sh

    TCS board approves buyback of up to 5.6 cr shares at Rs 2850/sh   

    The Tata Consultancy Services (TCS) board today announced buyback of upto 5.6 crore equity shares of the company for an aggregate amount not exceeding Rs 16,000 crore.

    20 Feb 2017, 3.33 pm  |  Source: Moneycontrol.com

  • Here`s why Satya Nadella is excited about augmented reality

    Here's why Satya Nadella is excited about augmented reality  

    On a visit to India, Microsoft Chief Executive Officer, Satya Nadella is betting on the potential of augmented reality and said that it is the ultimate computer.

    20 Feb 2017, 3.26 pm  |  Source: CNBC-TV18

  • India imitates Davos, to hold 2-day global business conference

    India imitates Davos, to hold 2-day global business conference   

    A replica of the World Economic Forum (WEF) at Davos will soon be held in India. Top sources in the Andhra Pradesh government have said that ground work has already been put in place.

    20 Feb 2017, 3.17 pm  |  Source: CNBC-TV18

  • NFL plans to increase DAP capacity by 1 MT

    NFL plans to increase DAP capacity by 1 MT   

    NFL plans to increase di-ammonium phosphate (DAP) production capacity by 1 million tonnes from current 2 lakh tonnes in the next couple of years, says CMD Manoj Mishra of NFL.

    20 Feb 2017, 3.06 pm  |  Source: CNBC-TV18

  • Banks to discuss Monnet Ispat stake sale; JSW Steel only bidder

    Banks to discuss Monnet Ispat stake sale; JSW Steel only bidder   

    Earlier, the lenders, together holding 51 percent in Monnet Ispat, had converted Rs 350 crore of debt in the company to equity. Monnet has a total debt of over Rs 9,000 crore.

    20 Feb 2017, 2.57 pm  |  Source: CNBC-TV18

  • Microsoft-Flipkart announce strategic tie-up

    Microsoft-Flipkart announce strategic tie-up  

    As a first step in the broad collaboration between the two companies, Flipkart will adopt Microsoft Azure as its exclusive public cloud platform.

    20 Feb 2017, 2.50 pm  |  Source: PTI

  • Competition will improve efficiency; see growth good: Blue Star

    Competition will improve efficiency; see growth good: Blue Star   

    Competition is healthy for any business because it brings in pricing efficiency and product quality into the market, says B Thiagarajan, Joint MD, Blue Star commenting on the acquisition of Lloyd Electric by Havells India.

    20 Feb 2017, 2.48 pm  |  Source: CNBC-TV18

  • Analyst take: Havells-Lloyd deal `win-win` for both

    Analyst take: Havells-Lloyd deal 'win-win' for both   

    In an interview with CNBC-TV18, market veteran SP Tulsian and Rabindra Nath Nayak of Dolat Capital Group Company gave their take on the Havells-Lloyd deal.

    20 Feb 2017, 2.46 pm  |  Source: CNBC-TV18

  • Saks in talks with Aditya Birla Fashion to open stores in India

    Saks in talks with Aditya Birla Fashion to open stores in India  

    Luxury goods retailer Saks Fifth Avenue Inc. is in advanced talks with Aditya Birla Fashion Retail Ltd to open two stores in India, reports the Mint today.

    20 Feb 2017, 2.15 pm  |  Source: Moneycontrol.com

  • Chandra to take over Tata Group reins tomorrow; `big job` ahead

    Chandra to take over Tata Group reins tomorrow; 'big job' ahead  

    A man known for making India's largest software exporter TCS what it is today, Chandrasekaran has his task cut out as the new Chairman of Tata Sons -- the promoter firm of many of the operating Tata group firms.

    20 Feb 2017, 2.14 pm  |  Source: PTI

  • True Balance raises Rs 100 cr from Softbank Ventures, others

    True Balance raises Rs 100 cr from Softbank Ventures, others  

    The South Korean firm owns and operates True Balance app in India that allows users to check their mobile call and data balance.

    20 Feb 2017, 2.14 pm  |  Source: PTI

  • Britannia`s international biz to bring in 12-13% sales in 5 yrs

    Britannia's international biz to bring in 12-13% sales in 5 yrs   

    Britannia will no longer stick to bakery and dairy products, says Managing Director Varun Berry. The company is also keenly looking at the micro-snacking space for expansion.

    20 Feb 2017, 1.47 pm  |  Source: CNBC-TV18

  • Marksans Pharma`s facility in Goa inspected by UK regulator

    Marksans Pharma's facility in Goa inspected by UK regulator  

    The plant located at Verna has had an inspection by UK Medicines and Healthcare products Regulatory Agency (MHRA) from February 14-17, Marksans Pharma said in a filing to BSE.

    20 Feb 2017, 1.40 pm  |  Source: PTI

  • SEBI norms for listing security receipts of ARCs likely by Nov

    SEBI norms for listing security receipts of ARCs likely by Nov  

    The Securities and Exchange Board of India has begun drawing up a roadmap for listing and trading of security receipts issued by a securitization company or asset reconstruction company, on stock exchanges. The regulator is seekin...

    20 Feb 2017, 1.23 pm  |  Source: Moneycontrol.com

  • Haldiram`s knows exactly how to tickle the taste buds of Indians

    Haldiram's knows exactly how to tickle the taste buds of Indians  

    Haldiram’s, besides being a market leader in traditional snacks, is bigger than its five rivals – Balaji Wafers, Bikaji Foods, DFM Foods, Bikanervala and Prataap Snacks - combined.

    20 Feb 2017, 12.46 pm  |  Source: CNBC-TV18

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