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  • Manpasand Beverages sets up new facility in Ambala

    Manpasand Beverages sets up new facility in Ambala  

    "The company has invested Rs 160 crore for setting up this plant which will result in the production going up by 45,000-50,000 cases per day," Manpasand Beverages Chairman and Managing Director Dhirendra Singh told PTI.

    24 Aug 2016, 7.40 am  |  Source: PTI

  • Meida.net`s Bhavin Turakhia on how they sealed the mega deal

    Meida.net's Bhavin Turakhia on how they sealed the mega deal   

    Media.net, the company which runs advertisements on Yahoo and Bing has been bought for a whopping USD 900 million dollars.

    23 Aug 2016, 10.33 pm  |  Source: CNBC-TV18

  • Customers still trust physical bank branches more: Bandhan Bank

    Customers still trust physical bank branches more: Bandhan Bank   

    Speaking to CNBC-TV18 on the occasion, Founder and Chairman Chandra Shekar Ghosh says although the bank is capable of offering digital banking services, a large chunk of its customer base still seeks physical branch banking facili...

    23 Aug 2016, 10.31 pm  |  Source: CNBC-TV18

  • DIPAM relaxes conflict of interest clause for SUUTI bankers

    DIPAM relaxes conflict of interest clause for SUUTI bankers  

    After merchant bankers raised concerns, the Finance Ministry has diluted the conflict of interest clause for bankers managing SUUTI stake sale while also deciding to expand the panel of bankers for the issue.

    23 Aug 2016, 9.44 pm  |  Source: PTI

  • Sahara says `devious attempt` to lower price of its hotels

    Sahara says 'devious attempt' to lower price of its hotels  

    Embattled Sahara group today said there is a "devious attempt" to lower the price for its marquee hotels and disturb the sentiment of potential bidders, amid reports that a bidder has reduced the offer price for the properties...

    23 Aug 2016, 9.44 pm  |  Source: PTI

  • Centre to make operational 50 no-frills airports in 3 years

    Centre to make operational 50 no-frills airports in 3 years  

    The government will make operational as many as 50 green-field and brown-field airports over the next three years as part of its plans to improve regional connectivity and make flying affordable for the common man, and at leas...

    23 Aug 2016, 9.44 pm  |  Source: PTI

  • Mobile broadband important in India for customer loyalty:Study

    Mobile broadband important in India for customer loyalty:Study  

    Mobile broadband experience is important in India and Brazil for winning loyalty of smartphone customers, a global study by telecom gear firm Ericsson has said.

    23 Aug 2016, 9.44 pm  |  Source: PTI

  • Idea Cellular denies report on merger talks with Vodafone

    Idea Cellular denies report on merger talks with Vodafone  

    India's No 3 mobile phone carrier, Idea Cellular, strongly denied a news report on Tuesday that it was in exploratory talks about a merger with larger rival Vodafone India.

    23 Aug 2016, 9.38 pm  |  Source: Reuters

  • Chinese investors buy ad tech startup Media.net for $900 million

    Chinese investors buy ad tech startup Media.net for $900 million  

    Advertising technology startup Media.net, founded by tech entrepreneur Divyank Turakhia, said on Monday it had been acquired for about USD 900 million by a group of Chinese investors.

    23 Aug 2016, 9.27 pm  |  Source: Reuters

  • RJio extends free 4G service to Samsung Z2 handset

    RJio extends free 4G service to Samsung Z2 handset  

    Reliance Industries telecom unit Rel Jio today said it has extended the free 4G service to the newly launch Samsung Z2 handset, making the offer available to more than 45 smartphone models of the South Korean tech major.

    23 Aug 2016, 8.40 pm  |  Source: PTI

  • Flights from Ahmedabad to Gulf can skip Pak airspace

    Flights from Ahmedabad to Gulf can skip Pak airspace  

    Indian carriers operating from Ahmedabad to Gulf can now avoid flying over Pakistan airspace and take a new route over Arabian sea, even as regulator DGCA said the 'straightening' of the path has been done to save fuel and not...

    23 Aug 2016, 8.40 pm  |  Source: PTI

  • GMR Infra plans to raise up to Rs 2,500 cr

    GMR Infra plans to raise up to Rs 2,500 cr  

    GMR Infrastructure plans to raise up to Rs 2,500 crore through issuance of equity shares, equity linked instruments, debentures or any other securities.

    23 Aug 2016, 7.54 pm  |  Source: PTI

  • Unusual Billionaires: Decoding secret of Asian Paints` success

    Unusual Billionaires: Decoding secret of Asian Paints' success   

    To find out what lies behind the seven decades of continued excellence at Asian Paints, watch Jalaj Dani's interview with Latha Venkatesh on CNBC-TV18.

    23 Aug 2016, 7.40 pm  |  Source: CNBC-TV18

  • Yes Bank enters credit card space, eyes No 3 slot in 4 yrs

    Yes Bank enters credit card space, eyes No 3 slot in 4 yrs   

    At a time when lenders are playing it safe by sticking to their own customers to sell credit cards, the bank plans to go all out seeking customers from outside for the unsecured lending product.

    23 Aug 2016, 7.40 pm  |  Source: PTI

  • Looking to grow revenues at 40-50%: V2 Retail

    Looking to grow revenues at 40-50%: V2 Retail   

    Speaking to CNBC-TV18, Akash Agarwal of V2 Retail said that they have opened nine stores this fiscal and they will be adding seven more.

    23 Aug 2016, 6.25 pm  |  Source: CNBC-TV18

  • Piramal, Bain Capital to pursue distressed debt investing

    Piramal, Bain Capital to pursue distressed debt investing  

    Piramal Enterprises and Bain Capital Credit have inked a pact to create a strategic partnership to invest in restructuring situations in India.

    23 Aug 2016, 6.14 pm  |  Source: PTI

  • COAI on RJio`s charges: Abiding by association bylaws

    COAI on RJio's charges: Abiding by association bylaws  

    Mukesh Ambani-led Reliance Jio yesterday lashed out at COAI, of which it is a member, for acting "maliciously" as "mouthpiece" of certain dominant incumbent operators having vested interests against the company.

    23 Aug 2016, 6.12 pm  |  Source: PTI

  • Swan Energy plans to raise up to Rs 1,200 cr via securities

    Swan Energy plans to raise up to Rs 1,200 cr via securities  

    The company will seek shareholders' nod at its Annual General Meeting "to raise capital through QIP/GDR/ADR/FCCB up to an amount not exceeding Rs 1,200 crore," Swan Energy said in filing to BSE.

    23 Aug 2016, 5.34 pm  |  Source: PTI

  • Leading private telcos add 2.08 mn subscribers in July

    Leading private telcos add 2.08 mn subscribers in July  

    Total number of GSM Subscriber base as of July 2016 reached 779.05 million," as per data of Cellular Operators Association of India (COAI).

    23 Aug 2016, 5.34 pm  |  Source: PTI

  • Reliance Communications launches content delivery network

    Reliance Communications launches content delivery network  

    Fast Edge puts content closer to India's 350 million plus eyeballs than any other content delivery platform with most cost-efficient access available in the market, company officials told reporters here.

    23 Aug 2016, 5.34 pm  |  Source: PTI

  • Birla Corp to set up clinker plant in Maharashtra

    Birla Corp to set up clinker plant in Maharashtra  

    Cement accounted for 91.34 percent of its total sales in 2015-16. The company's turnover stood at Rs 3,768.42 crore in the period.

    23 Aug 2016, 5.04 pm  |  Source: PTI

  • Max Bupa inks bancassurance tie-up with SUPGB

    Max Bupa inks bancassurance tie-up with SUPGB  

    Max Bupa will provide comprehensive and family oriented health insurance products to the bank's private health insurers customers to help them access quality health care at affordable premiums, the company said in a release.

    23 Aug 2016, 5.04 pm  |  Source: PTI

  • Tech Mah gets FCA nod for acquisition of UK`s Target Group

    Tech Mah gets FCA nod for acquisition of UK's Target Group  

    Tech Mahindra has received approval from UK's Financial Conduct Authority for its 120 million pound acquisition of Target Group.

    23 Aug 2016, 5.04 pm  |  Source: PTI

  • PE inflows in real estate up 33% at Rs 5,193 cr in Jan-June

    PE inflows in real estate up 33% at Rs 5,193 cr in Jan-June  

    According to JLL India, the PE inflow in IT & commercial (office) segment increased by 19 per cent to Rs 3,256 crore during the first six months of 2016 as against Rs 2,729 crore in the year-ago period.

    23 Aug 2016, 4.20 pm  |  Source: PTI

  • OVL gets 1-year extension for exploring Vietnamese oil block

    OVL gets 1-year extension for exploring Vietnamese oil block  

    This is the fourth extension for OVL to explore Block-128, the license for which is now valid till June 15, 2017, sources privy to the development said.

    23 Aug 2016, 4.20 pm  |  Source: PTI

  • Demand still robust, expect to repeat last yr EBITDA: Star Ferro

    Demand still robust, expect to repeat last yr EBITDA: Star Ferro   

    In an interview with CNBC-TV18, Sanjay Gupta, CEO of Star Ferro said that the total price drop in the first quarter was around Rs 20-25 per bag for the northeast.

    23 Aug 2016, 4.00 pm  |  Source: CNBC-TV18

  • HPCL, GAIL to divest up to 50% stake in petrochem plant in AP

    HPCL, GAIL to divest up to 50% stake in petrochem plant in AP  

    HPCL and GAIL are looking at setting up a 1 million tonnes Ethylene Derivatives plant, which will produce a wide range of petrochemical raw materials for the manufacture of detergents, paints and coatings, cosmetics, textiles and ...

    23 Aug 2016, 3.56 pm  |  Source: PTI

  • Snapdeal lines up Rs 200 cr marketing blitz for festive season

    Snapdeal lines up Rs 200 cr marketing blitz for festive season  

    The city-based firm, which faces strong competition from rivals like, Amazon and Flipkart, will run a 360-degree marketing campaign over the next 60 days.

    23 Aug 2016, 3.34 pm  |  Source: PTI

  • Anil Ambani`s elder son Jai Anmol joins Reliance Capital board

    Anil Ambani's elder son Jai Anmol joins Reliance Capital board  

    Anmol, 24, has been working in various financial services businesses within Reliance Capital since 2014.

    23 Aug 2016, 3.26 pm  |  Source: PTI

  • Samsung Elec says to sell third Tizen OS smartphone in India

    Samsung Elec says to sell third Tizen OS smartphone in India  

    The Z2 phone, equipped with a 4-inch screen and India-specific features such as a safety mode for motorcyclists, will be the cheapest Tizen phone Samsung has launched to date at 4,590 rupees (USD 68.44).

    23 Aug 2016, 2.23 pm  |  Source: Reuters

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