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  • Amazon lures Indian SMEs via Launchpad program

    Amazon lures Indian SMEs via Launchpad program  

    The Launchpad program will aid the American retailer to onboard Indian SMEs which are developing innovative products on its marketplace.

    05 Dec 2016, 4.44 pm  |  Source: Moneycontrol.com

  • E-commerce losses widen in India in 2016

    E-commerce losses widen in India in 2016   

    If consumer demand fails to pick-up in the next six months due to demonetization and companies fail to raise big rounds, it will mean a spate of layoffs in Indian e-commerce.

    05 Dec 2016, 4.26 pm  |  Source: Moneycontrol.com

  • GTL Infra will be in good hands post IDFC Alternatives take over

    GTL Infra will be in good hands post IDFC Alternatives take over  

    The private equity firm IDFC Alternatives after partially selling its stake in Viom Networks Ltd to America Tower Corp is now hunting for stake in the debt-ridden GTL Infrastructure Ltd (GTL Infra).

    05 Dec 2016, 4.26 pm  |  Source: Moneycontrol.com

  • Aim to produce 50% of India`s oil needs: Vedanta

    Aim to produce 50% of India's oil needs: Vedanta  

    Keen on the Indian growth story, Anil Agarwal, Chairman of Vedanta said that he wants to meet the country's growing demand and aims to produce 50 percent of India's oil needs.

    05 Dec 2016, 4.19 pm  |  Source: CNBC-TV18

  • Market hails Tata Steel`s UK plant deal, for now

    Market hails Tata Steel's UK plant deal, for now   

    Reports say that the company is moving towards a deal with UK steel workers’ unions to keep its troubled Port Talbot plant open till at least 2020. Union leaders will be taking the new plan with its members, which if approved co...

    05 Dec 2016, 4.19 pm  |  Source: Moneycontrol.com

  • Nestle`s higher interim dividend signals better days ahead

    Nestle's higher interim dividend signals better days ahead  

    For the September 2016 quarter the company posted a 35.6 per cent YoY growth at Rs 2,363.5 crore while its profit more than doubled to Rs 269.4 crore, a growth of 116.9 per cent.

    05 Dec 2016, 4.16 pm  |  Source: Moneycontrol.com

  • Amazon rolls out global programme `Launchpad` in India

    Amazon rolls out global programme 'Launchpad' in India  

    India is the seventh country where Amazon Launchpad has been made available, and the platform, "tailormade" for startups, is available for a fee of Rs 5,000 a month.

    05 Dec 2016, 4.08 pm  |  Source: PTI

  • SAIL`s debt at Rs 35,144 cr on dearer coal, low realisation

    SAIL's debt at Rs 35,144 cr on dearer coal, low realisation  

    The state-owned steel giant's interest expenses rose to Rs 2,047 crore in 2015-16 from Rs 1,454 crore during 2014-15, Minister of State for Steel Vishnu Deo Sai said in a written reply to Lok Sabha.

    05 Dec 2016, 3.24 pm  |  Source: PTI

  • Demonetisation positive for power sector: Mercom

    Demonetisation positive for power sector: Mercom  

    Quoting a number of discoms and government officials on the issue, the consulting firm also said that the power sector could also benefit from relaxed lending and lower rates, among other things.

    05 Dec 2016, 3.18 pm  |  Source: PTI

  • Merger of associates on track despite demonetisation: SBI MD

    Merger of associates on track despite demonetisation: SBI MD  

    The merger of five associates and the Bharatiya Mahila Bank (BMB) is planned to be wrapped up by 2016-17 end.

    05 Dec 2016, 3.02 pm  |  Source: PTI

  • Nissan India November domestic sales up 52% at 3,975 units

    Nissan India November domestic sales up 52% at 3,975 units  

    Commenting on the sales results, Nissan Motor India Managing Director Arun Malhotra said: "Despite the impact of the liquidity crunch on the current demand for cars, Nissan India posted a healthy growth of 52 percent in November w...

    05 Dec 2016, 2.38 pm  |  Source: PTI

  • Real estate cos expect industry slowdown to last 2-3 months

    Real estate cos expect industry slowdown to last 2-3 months   

    MR Jaishankar, Chairman and Managing Director of Brigade Group says the customers are in a wait-and-watch mode. Although, he adds, commercial real estate has not been affected.

    05 Dec 2016, 2.27 pm  |  Source: CNBC-TV18

  • Crude prices may stay range-bound, upside capped: IOC Chief

    Crude prices may stay range-bound, upside capped: IOC Chief   

    B Ashok, Chairman of IOC, does not agree that oil production cuts will spike up prices. Prices will at best be range-bound around USD 50 per barrel, he says.

    05 Dec 2016, 2.23 pm  |  Source: CNBC-TV18

  • Yes Bank and Ola collaborate to set up mobile ATMs in 10 cities

    Yes Bank and Ola collaborate to set up mobile ATMs in 10 cities  

    The service will be made available in over 30 locations across 10 cities, including Mumbai, Delhi, Bangalore, Chennai, Pune, Kolkata, Chandigarh, Ahmedabad, Hyderabad and Jaipur.

    05 Dec 2016, 2.16 pm  |  Source: NEWS18.com

  • MRPL readies Rs 11,000 cr to hit 25 mt refining capacity

    MRPL readies Rs 11,000 cr to hit 25 mt refining capacity  

    The company is also looking at scaling up its petrochemical production capacity to clock larger margins, MRPL Managing Director H Kumar told PTI here.

    05 Dec 2016, 2.16 pm  |  Source: PTI

  • NCDEX makes a switch to new trading platform NextGen

    NCDEX makes a switch to new trading platform NextGen  

    The NextGen system, developed by technology firm MillenniumIT, will bring greater convenience, speed, safety and transparency to the market, the exchange said in a statement.

    05 Dec 2016, 2.16 pm  |  Source: PTI

  • Cosyn bags Rs 35-cr order from W Bengal electric distribution co

    Cosyn bags Rs 35-cr order from W Bengal electric distribution co   

    Cosyn stock price rose 12 percent in trade on Monday after the company bagged an order from West Bengal State Electricity Distribution Company for a value of Rs 34.44 crore. Ravi Vishnu, managing director, Cosyn said the order wil...

    05 Dec 2016, 2.04 pm  |  Source: CNBC-TV18

  • Cairn India lines up Rs 30,000 cr to add 1 lakh bpd of oil

    Cairn India lines up Rs 30,000 cr to add 1 lakh bpd of oil  

    Cairn produced 2,06,230 barrels per day of oil equivalent in the second quarter ended September. Bulk of the production came from its Rajasthan block that gave 1,67,699 barrels of oil equivalent per day (boepd). The Ravva field in...

    05 Dec 2016, 1.38 pm  |  Source: PTI

  • Sachin Bansal and Binny Bansal named `Asians of the Year`

    Sachin Bansal and Binny Bansal named 'Asians of the Year'  

    "Flipkart's innovative steps, aimed at transforming commerce in India through technology, have truly disrupted the market and it makes us proud to be recognized for this achievement.We accept this honor on behalf of all Indians," ...

    05 Dec 2016, 1.38 pm  |  Source: PTI

  • Sales deferred on currency ban; FY17 net seen flat YoY:Endurance

    Sales deferred on currency ban; FY17 net seen flat YoY:Endurance   

    Endurance Technologies is in focus after the company reported a decent set of earnings. In an interview to CNBC-TV18, Anurang Jain, Managing Director of Endurance Technologies spoke about the results and his outlook for the compan...

    05 Dec 2016, 1.36 pm  |  Source: CNBC-TV18

  • Demonetisation creating a level-playing field: PC Jeweller

    Demonetisation creating a level-playing field: PC Jeweller   

    The introduction of the demonetisation scheme resulted in discomfort for many sectors. However, the cash clean-up is creating a level playing field for the organised players, believes Sanjeev Bhatia, CFO, PC Jeweller.

    05 Dec 2016, 1.29 pm  |  Source: CNBC-TV18

  • Adani secures milestone in planned $16 bn Australian coal proj

    Adani secures milestone in planned $16 bn Australian coal proj  

    The mine has now secured all major state and federal government approvals, said the Queensland state government, whose premier will meet with chairman and founder Gautam Adani in the northern city of Townsville on Tuesday.

    05 Dec 2016, 1.05 pm  |  Source: Reuters

  • PM Modi asks Indian energy companies to become MNCs

    PM Modi asks Indian energy companies to become MNCs  

    The world's third-largest energy consumer needs to raise domestic oil and gas production to cut imports as also establish partnership with regional energy powerhouses, he said while addressing the inaugural session of Petrotech co...

    05 Dec 2016, 12.52 pm  |  Source: PTI

  • ONGC to begin oil production from Ratna R-Series field in 2019

    ONGC to begin oil production from Ratna R-Series field in 2019  

    The Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi, had in March decided to return the fields to its original licensee after contract with Essar could not be concluded even after 20 years.

    05 Dec 2016, 12.52 pm  |  Source: PTI

  • Toyota to hike vehicle prices by up to 3% from January 1

    Toyota to hike vehicle prices by up to 3% from January 1  

    However, ahead of the price hike, the company is undertaking a campaign offering benefits on road financing, EMI holidays like 'buy now and pay in March 2017' on all its models and a special EMI package of Rs 22,999 in select mode...

    05 Dec 2016, 12.32 pm  |  Source: PTI

  • See no reason for skilled labour to fear Trump`s moves: Hexaware

    See no reason for skilled labour to fear Trump's moves: Hexaware   

    Hexaware Technologies' Executive Director and CEO R Srikrishna says he would be surprised if there is any material movement in the US President elect Donald Trump’s policy with respect to skilled employment. More actions are lik...

    05 Dec 2016, 12.04 pm  |  Source: Moneycontrol.com

  • Airtel appoints Sunil Taldar as CEO & director for DTH business

    Airtel appoints Sunil Taldar as CEO & director for DTH business  

    In his new role, Sunil will be responsible for driving growth and innovation for Airtel Digital TV, which is a key growth driver within the company’s B2C portfolio.

    05 Dec 2016, 12.01 pm  |  Source: NEWS18.com

  • Dr Reddy`s launches anti-fungal ointment in the US

    Dr Reddy's launches anti-fungal ointment in the US  

    In a BSE filing, Dr Reddy's Laboratories Ltd said, "It has launched nystatin and triamcinolone acetonide cream USP, in the United States market, approved by the US Food and Drug Administration (USFDA)."

    05 Dec 2016, 11.52 am  |  Source: PTI

  • Strides Shasun R&D unit gets USFDA inspection closure report

    Strides Shasun R&D unit gets USFDA inspection closure report  

    "The company's Control Test Laboratory, which is part of its R&D centre in Chennai was inspected by the USFDA in August 2016 has received the Establishment Inspection Report (EIR), thereby confirming the closure of the inspection....

    05 Dec 2016, 11.42 am  |  Source: PTI

  • November collections at 91%, disbursements also strong: Ujjivan

    November collections at 91%, disbursements also strong: Ujjivan   

    The impact of demonetisation seems to be waning as improving access to currency has led to robust collections and disbursements for Ujjivan Financial Services, says CFO Sudha Suresh.

    05 Dec 2016, 11.08 am  |  Source: CNBC-TV18

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