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  • RCom-Jio `virtual merger` means sharing of spectrum assets: Pros

    RCom-Jio 'virtual merger' means sharing of spectrum assets: Pros   

    Virtual merger means sharing and trading of spectrum assets and Reliance Communications already shares and trades in these virtual assets with Reliance Jio, experts tell CNBC-TV18.

    27 Sep 2016, 4.00 pm  |  Source: CNBC-TV18

  • ONGC board vertically split on claiming gas compensation

    ONGC board vertically split on claiming gas compensation  

    The Board of ONGC is split on the issue of claiming compensation for Rs 11,000 crore worth of natural gas spewing from its KG basin block into adjoining fields of Reliance Industries.

    27 Sep 2016, 4.00 pm  |  Source: PTI

  • M&M launches Scorpio with Intelli-Hybrid system in Delhi/NCR

    M&M launches Scorpio with Intelli-Hybrid system in Delhi/NCR  

    Mahindra and Mahindra (M&M) today launched its SUV Scorpio with Intelli-Hybrid system in Delhi/NCR, at a starting price of Rs 9.35 lakh (ex-showroom).

    27 Sep 2016, 4.00 pm  |  Source: PTI

  • Nirmal Group raises Rs 500 cr from Altico Capital

    Nirmal Group raises Rs 500 cr from Altico Capital  

    Real estate developer Nirmal Group today raised Rs 500 crore from Altico Capital, a non-banking finance company (NBFC), for construction of residential projects.

    27 Sep 2016, 4.00 pm  |  Source: PTI

  • Aim to open 5 footwear stores in next 1-1.5 yrs: Arvind Group

    Aim to open 5 footwear stores in next 1-1.5 yrs: Arvind Group   

    In an interview with CNBC-TV18, Rajiv Mehta, CEO of the company said that currently the fit-out cost for the stores is coming at Rs 2,200 per sq ft and each footwear store building should cost around Rs 50-70 lakh.

    27 Sep 2016, 3.17 pm  |  Source: CNBC-TV18

  • Leading domestic hotel eye TGB Banquets: Sources

    Leading domestic hotel eye TGB Banquets: Sources   

    The buyout deal is expected to include the promoter stake as well as the hotel properties. The deal size is likely to be same as the enterprise value, which is currently at Rs 500-550 crore.

    27 Sep 2016, 3.16 pm  |  Source: CNBC-TV18

  • Jio call drops due to its under-preparedness: Airtel

    Jio call drops due to its under-preparedness: Airtel  

    Airtel said that despite the prompt and colossal effort on its part, as on date, only 2,484 E1s (interconnect ports) are live out of a total capacity of 3,048 provided, primarily due to various reasons for delay "attributable sole...

    27 Sep 2016, 3.12 pm  |  Source: PTI

  • Got tremendous response to Google For India: Rajan Anandan

    Got tremendous response to Google For India: Rajan Anandan    

    Google’s WiFi services are now present at 52 railway stations, Rajan Anandan, VP, Southeast Asia and India, Google, told CNBC-TV18. He added that Google’s Internet-enabling initiative is now present in 25,000 Indian villages a...

    27 Sep 2016, 3.08 pm  |  Source: CNBC-TV18

  • To improve margins through premiumisation: Gulf Oil Lubricants

    To improve margins through premiumisation: Gulf Oil Lubricants   

    Have seen good increase in commercial vehicles volume, says Ravi Chawla, MD of Gulf Oil Lubricants India.

    27 Sep 2016, 2.40 pm  |  Source: CNBC-TV18

  • PESB recommends Narendra Kumar`s name for NMDC chairman

    PESB recommends Narendra Kumar's name for NMDC chairman  

    According to a notification issued by PESB yesterday, it has selected Nanda, currently NMDC Director (technical), for the top post after interviewing four others, including Gopal Singh, CMD of Central Coalfields.

    27 Sep 2016, 2.08 pm  |  Source: PTI

  • Coal India buyback offer to open on October 3

    Coal India buyback offer to open on October 3  

    The state-owned company informed about the "Letter of Offer" in a BSE filing. SBI Capital Markets is the manager to the buyback offer that closes on October 18.

    27 Sep 2016, 2.04 pm  |  Source: PTI

  • Indonesia`s GO-JEK acquires Indian healthcare startup Pianta

    Indonesia's GO-JEK acquires Indian healthcare startup Pianta  

    Indonesia-based hyperlocal transport and logistics startup GO-JEK has acquired Bengaluru-based Pianta for an undisclosed amount. A marketplace for home healthcare services, Pianta, helps discover and book appointments with healthc...

    27 Sep 2016, 2.00 pm  |  Source: Moneycontrol.com

  • HUDCO raises Rs 1,300 cr via private placement of bonds

    HUDCO raises Rs 1,300 cr via private placement of bonds  

    Housing & Urban Development Corporation Ltd said in a statement that it "has raised a sum of Rs 1300 crore through private placement issue(s) of unsecured, redeemable, non-convertible bonds at lowest possible interest rates".

    27 Sep 2016, 1.58 pm  |  Source: PTI

  • Tata Motors enters Bolivia with launch of three vehicles

    Tata Motors enters Bolivia with launch of three vehicles  

    The Mumbai-based auto major has entered Bolivia through a distribution agreement with local partner Bolivian Auto Motors, which is part of Salvatierra, a business conglomerate engaged in distribution of motor vehicles and motor cy...

    27 Sep 2016, 1.40 pm  |  Source: PTI

  • Expect loan growth in range of 25-30% in FY17: Manappuram Fin

    Expect loan growth in range of 25-30% in FY17: Manappuram Fin   

    The company, which recorded its strongest performance in past 15 quarters, is expecting good monsoon to reduce stress in the rural economy.

    27 Sep 2016, 1.14 pm  |  Source: CNBC-TV18

  • Rahul Deep Singh is new MD of Hazira LNG Pvt

    Rahul Deep Singh is new MD of Hazira LNG Pvt  

    Shukla said, "Since the commissioning of Hazira LNG in 2005, the terminal has rapidly expanded from an initial regasification capacity of 2 million tonnes per annum (mtpa) to 3 mtpa in 2008 and then further to 5 mtpa in 2013".

    27 Sep 2016, 12.54 pm  |  Source: PTI

  • RCap eyes consumer lending growth; home finance listing by April

    RCap eyes consumer lending growth; home finance listing by April   

    Besides, it will develop a new vertical for consumer lending business for better growth and profitability and will re-launch its commodity exchange with focus on diamond and crude oil futures. Diamond futures will be the flagship ...

    27 Sep 2016, 12.30 pm  |  Source: PTI

  • Google launches service to take internet to India malls, cafes

    Google launches service to take internet to India malls, cafes  

    Under the service, Google will roll-out Wi-Fi hot spots in places frequented by a large number of people, such as malls and transit stations, and in social hangout locations such as cafes and universities, the company said on Tues...

    27 Sep 2016, 12.24 pm  |  Source: Reuters

  • Aiming for 20% revenue growth in FY17: Parag Milk

    Aiming for 20% revenue growth in FY17: Parag Milk   

    After the initial public offer (IPO) in May earlier this year, the company has managed to off-load its debt by Rs 100 crore and the current debt stands at Rs 250 crore, Devendra Shah told CNBC-TV18.

    27 Sep 2016, 11.48 am  |  Source: CNBC-TV18

  • Max Life promoters to get Rs 850 crore non-compete fee

    Max Life promoters to get Rs 850 crore non-compete fee   

    In the company’s Annual General Meet (AGM) on Monday, 65 percent of minority shareholders approved it. The shareholders include names like KKR, Goldman Sachs and Kotak.

    27 Sep 2016, 11.48 am  |  Source: Moneycontrol.com

  • `Anmol Effect` has brought good luck to R-Cap shares: Ambani

    'Anmol Effect' has brought good luck to R-Cap shares: Ambani  

    Thanking the shareholders at the company's Annual General Meeting for their "vote of confidence" in 24-year-old Anmol's appointment as an Executive Director, Ambani said his son is "part of this younger demography and will relate ...

    27 Sep 2016, 11.46 am  |  Source: PTI

  • Pick-up in demand to aid topline growth in FY17: Sarda Energy

    Pick-up in demand to aid topline growth in FY17: Sarda Energy   

    On back of better demand and higher prices, Manish Sarda, Director, Sarda Energy expects the FY17 topline to be better than FY16.

    27 Sep 2016, 11.42 am  |  Source: CNBC-TV18

  • Won`t buy more stake in MRO-TEK as prices too high: Jitu Virwani

    Won't buy more stake in MRO-TEK as prices too high: Jitu Virwani   

    In an interview with CNBC-TV18, Jitendra Mohandas Virwani said that he won't be increasing his stake any more as the price has moved too high.

    27 Sep 2016, 11.24 am  |  Source: CNBC-TV18

  • YES Bank to raise Rs 330 cr via green infra bonds

    YES Bank to raise Rs 330 cr via green infra bonds  

    "FMO will be investing in Yes Bank's bonds through FMO's own sustainable bonds. The definitive agreement was signed today at the fourth edition of FMO's Future of Finance conference being held in Katwijk, the Netherlands," Yes Ban...

    27 Sep 2016, 11.04 am  |  Source: PTI

  • Gas prices may fall to $ 2.40-2.45/unit on GVC basis: ONGC

    Gas prices may fall to $ 2.40-2.45/unit on GVC basis: ONGC   

    Despite the price fall, ONGC is confident of volumes improving on back of project implementation, says AK Srinivasan, Director - Finance at ONGC.

    27 Sep 2016, 11.00 am  |  Source: CNBC-TV18

  • Paytm acquires Edukart in a no cash consideration deal

    Paytm acquires Edukart in a no cash consideration deal  

    According to a report in Economic Times, the deal has no cash consideration as the deal is more to acquire the skills and expertise of the employees. The deal includes an employment contract.

    27 Sep 2016, 10.21 am  |  Source: Moneycontrol.com

  • Bajaj Allianz bets big on two-wheeler package policy

    Bajaj Allianz bets big on two-wheeler package policy  

    The private sector non-life insurer has already sold 6,000 such policies so far in 2016-17.

    27 Sep 2016, 10.16 am  |  Source: PTI

  • Kotak PE sells 5.73% stake in Minda Corp for Rs 120 cr

    Kotak PE sells 5.73% stake in Minda Corp for Rs 120 cr  

    Kotak Private Equity Fund and Kotak India Growth Fund II together sold a total of 1,20,03,615 shares, representing 5.73 percent stake of Minda Corp, according to bulk deal data available with stock exchanges.

    27 Sep 2016, 10.16 am  |  Source: PTI

  • HCL to seek Centre`s nod for Rs 2,200 cr concentrate project

    HCL to seek Centre's nod for Rs 2,200 cr concentrate project  

    Two companies, from Israel and Finland, have been shortlisted for the new greener technology, which would be used for the first time to extract metal through chemical process, instead of heat.

    27 Sep 2016, 10.16 am  |  Source: PTI

  • Govt removes Sushil Muhnot as CMD of Bank of Maharashtra

    Govt removes Sushil Muhnot as CMD of Bank of Maharashtra  

    According to reports, the finance ministry had earlier this year served a showcause notice to Muhnot asking him to explain why he should not be terminated from his job for allegedly occupying two houses.

    27 Sep 2016, 10.16 am  |  Source: PTI

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