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  • Intent is for watchlist to dissolve itself in 8 qrts: Axis Bank

    Intent is for watchlist to dissolve itself in 8 qrts: Axis Bank   

    Speaking to CNBC-TV18 after Axis Bank reported its first quarter results, CFO Jairam Sridharan said this quarter panned out fairly in line with his earlier guidance that 60 percent of the roughly Rs 22,000-crore watchlist could sl...

    25 Jul 2016, 7.29 pm  |  Source: CNBC-TV18

  • SEBI says Pearl Agrotech siphoned off funds, seeks CBI probe

    SEBI says Pearl Agrotech siphoned off funds, seeks CBI probe  

    The Supreme Court issued a issued a notice to Pearl Agrotech, barring it from selling or disposing of any of its assets.

    25 Jul 2016, 7.16 pm  |  Source: CNBC-TV18

  • Essar to invest Rs 750 cr to expand capacity at Hazira Port

    Essar to invest Rs 750 cr to expand capacity at Hazira Port  

    The company is increasing capacity by 1,100 metres from the present 550 metres to meet rising demand.

    25 Jul 2016, 6.46 pm  |  Source: PTI

  • Ultratech Cement plans to raise Rs 300 cr via NCDs

    Ultratech Cement plans to raise Rs 300 cr via NCDs  

    "The Company is proposing to issue 7.57 percent, 3,000 Secured Redeemable NCDs on a private placement basis," it said in a regulatory filing.

    25 Jul 2016, 6.46 pm  |  Source: PTI

  • Telecom Commission bats for add`l 3% floor spectrum usage charge

    Telecom Commission bats for add'l 3% floor spectrum usage charge   

    The Telecom Commission has maintained its stance on the proposal of levying spectrum usage charges (SUC), proposing that an additional floor of 3 percent SUC be charged to telecom companies.

    25 Jul 2016, 6.45 pm  |  Source: Moneycontrol.com

  • NSE Academy signs pact with IICA

    NSE Academy signs pact with IICA  

    NSE Academy has entered into a pact with Indian Institute of Corporate Affairs (IICA) for training programmes in the area of finance and other allied verticals.

    25 Jul 2016, 6.42 pm  |  Source: PTI

  • Maruti planning to transport vehicles via inland waterways

    Maruti planning to transport vehicles via inland waterways  

    Maruti Suzuki India is planning to transport vehicles through inland waterways and has inked a pact with the government for this, a move that will help the country's' largest carmaker reduce its logistic costs.

    25 Jul 2016, 6.42 pm  |  Source: PTI

  • Asset quality under control; focus now on retail book: Canara Bk

    Asset quality under control; focus now on retail book: Canara Bk   

    Slippages during the first quarter were Rs 3,878 crore, of which Rs 648 crore was mainly in existing accounts, said Canara Bank Managing Director & CEO Rakesh Sharma.

    25 Jul 2016, 5.56 pm  |  Source: CNBC-TV18

  • RBI imposes Rs 2-crore penalty on HDFC Bank

    RBI imposes Rs 2-crore penalty on HDFC Bank  

    The RBI has also slapped a fine of Rs 5 crore on Bank of Baroda (BoB) over Rs 6,100-crore scandal exposed last year.

    25 Jul 2016, 5.46 pm  |  Source: PTI

  • Volkswagen begins deliveries of Ameo in India

    Volkswagen begins deliveries of Ameo in India  

    The bookings for the car, which would be manufactured at the company's Pune plant, began on May 12.

    25 Jul 2016, 5.46 pm  |  Source: PTI

  • Quikr acquires Hiree to boost job listing

    Quikr acquires Hiree to boost job listing  

    Hiree, which counts IT companies and start-ups among its customers, will be merged with Quikr's job vertical QuikrJobs and will operate out of the latter's headquarters, Quikr said in a statement today.

    25 Jul 2016, 5.46 pm  |  Source: PTI

  • Irdai fines Bharti AXA General Insurance for rule breach

    Irdai fines Bharti AXA General Insurance for rule breach  

    The company added a condition of proportionate deduction in proportion to room under the head 'incremental charges condition' in cases of group health policies, which was in violation of health insurance guidelines, Irdai said.

    25 Jul 2016, 5.46 pm  |  Source: PTI

  • Significant steps being made to curb call drops: Rajan Mathews

    Significant steps being made to curb call drops: Rajan Mathews   

    The telecom companies in the meeting stated that there has been a significant reduction in call drop rates and that the industry has come up with a new technology to automate the monitoring of mobile networks.

    25 Jul 2016, 4.34 pm  |  Source: CNBC-TV18

  • IDBI Bank plans to raise Rs 28,000 cr via equity, debt

    IDBI Bank plans to raise Rs 28,000 cr via equity, debt  

    At the annual general meeting of the bank held last week they approved an enabling resolution for issue of shares aggregating up to Rs 8,000 crore inclusive of premium amount through various modes including Qualified Institutional...

    25 Jul 2016, 4.28 pm  |  Source: PTI

  • Here is why JSW Energy is on a roll with its acquisitions

    Here is why JSW Energy is on a roll with its acquisitions  

    In the last one year, JSW Energy has been single-mindedly pursuing deals in the power sector. At last count, it has agreed to snap up three power companies and has pulled out of a deal. The company stands to gain from them immense...

    25 Jul 2016, 4.24 pm  |  Source: Moneycontrol.com

  • Cairn-Vedanta merger to happen by 2016-end: Anil Agarwal

    Cairn-Vedanta merger to happen by 2016-end: Anil Agarwal  

    Debt-laden Vedanta Ltd, previously known as Sesa Sterlite Ltd, had on Friday upped its offer to buy out the minority shareholders in its cash-rich subsidiary, Cairn India.

    25 Jul 2016, 4.24 pm  |  Source: PTI

  • Bill to bring cab aggregators like Uber, Ola on anvil: Govt

    Bill to bring cab aggregators like Uber, Ola on anvil: Govt  

    During the Question Hour in Rajya Sabha, the Minister for Road, Transport and Highways said under the present provisions of the "outdated" Motor Vehicles Act, there is not much regulatory control over taxi aggregators like Ola and...

    25 Jul 2016, 4.24 pm  |  Source: PTI

  • Muthoot launches recycling hub in Bengaluru; to open more stores

    Muthoot launches recycling hub in Bengaluru; to open more stores  

    Muthoot Gold Point here is the eighth centre in the country, after Coimbatore, Chennai, Delhi, Mumbai, Kolkata, Ahmedabad and Vijayawada.

    25 Jul 2016, 4.16 pm  |  Source: PTI

  • Eye Rs 800 cr order book, 10% margins in FY17: Transformers

    Eye Rs 800 cr order book, 10% margins in FY17: Transformers   

    Speaking to CNBC-TV18, Jitendra Mamtora of the company said that the company’s order book stands at Rs 868 crore as of June 30. The company has Rs 200 crore worth orders in the pipeline.

    25 Jul 2016, 4.12 pm  |  Source: CNBC-TV18

  • Bajaj V sales cross 1 lakh mark within 4 months of launch

    Bajaj V sales cross 1 lakh mark within 4 months of launch  

    The two-wheeler major further plans to hike the production of the bike, which has been crafted from the metal of INS Vikrant, in order to meet demand.

    25 Jul 2016, 3.40 pm  |  Source: PTI

  • Transformers and Rectifiers (India) to raise Rs 125 cr via QIP

    Transformers and Rectifiers (India) to raise Rs 125 cr via QIP  

    The board of directors approved the "Issuance of Equity Shares through QIP or preferential allotment up to an aggregate amount of Rs 125 crore, subject to the approval of shareholders," Transformers and Rectifiers (India) said in ...

    25 Jul 2016, 3.40 pm  |  Source: PTI

  • 50% of India`s net users to make online payments by 2020: report

    50% of India's net users to make online payments by 2020: report  

    India will leapfrog from traditional payments to digital payments to have the most advanced digital payments ecosystem by 2020, says Rajan Anandan, Vice-president, India and Southeast Asia, Google. Digital payments business to hi...

    25 Jul 2016, 3.37 pm  |  Source: Moneycontrol.com

  • Indian digital payments market to reach $500 bn by 2020: Report

    Indian digital payments market to reach $500 bn by 2020: Report  

    The 'Digital Payments 2020' report, jointly published by Google and Boston Consulting Group, projects that non-cash contribution in the consumer payments segment will double to 40 percent.

    25 Jul 2016, 3.00 pm  |  Source: PTI

  • L&T Finance promotes Dinanath Dubhashi as Managing Director

    L&T Finance promotes Dinanath Dubhashi as Managing Director  

    The board of directors of the company at its meeting held on July 22, appointed Dinanath Dubhashi, Deputy Managing Director as the Manging Director of the company and said that Deosthalee, would continue to serve as the Chairman o...

    25 Jul 2016, 3.00 pm  |  Source: PTI

  • ICICI, Axis banks join Swift`s global payments initiative

    ICICI, Axis banks join Swift's global payments initiative  

    The initiative aims to enhance cross-border payments by leveraging Swift's messaging platform and global reach and in the first phase, the initiative will focus on business-to-business payments.

    25 Jul 2016, 2.58 pm  |  Source: PTI

  • Quikr acquires Hiree, to focus on innovating in jobs space

    Quikr acquires Hiree, to focus on innovating in jobs space  

    Hiree will be merged with QuikrJobs and will operate out of Quikr headquarters, the company said in a statement.

    25 Jul 2016, 2.58 pm  |  Source: PTI

  • Renault launches Lodgy variant priced up to Rs 10.4 lakh

    Renault launches Lodgy variant priced up to Rs 10.4 lakh  

    'Lodgy World Edition' is built with 25 enhancements to its exteriors and interiors and will be available in both 85 PS and 110 PS variants at an introductory price of Rs 9.74 lakh and Rs 10.40 lakh, respectively (ex-showroom Delhi...

    25 Jul 2016, 2.40 pm  |  Source: PTI

  • See loan book growing 25% in FY17: Indiabulls Housing

    See loan book growing 25% in FY17: Indiabulls Housing   

    In an interview with CNBC-TV18, Gagan Banga, VC and MD of the company said that it has been able to reduce the cost of funds successfully and expects to increase its market share in the home loan segment.

    25 Jul 2016, 2.33 pm  |  Source: CNBC-TV18

  • SBI to use IOC kisan seva centres to serve farmers

    SBI to use IOC kisan seva centres to serve farmers  

    The tie-up will help farmers avail the facilities of various products and services by SBI customer service points (CSPs) like savings account, term deposit, recurring deposit, micro credit, remittances, social security schemes, Aa...

    25 Jul 2016, 2.32 pm  |  Source: PTI

  • New accounting method led to reduced Naukri rev growth:Info Edge

    New accounting method led to reduced Naukri rev growth:Info Edge   

    Chief Financial Officer, Chintan Thakkar says if the company were using old methods of accounting, the growth in Naukri.com revenues would have been around 17 percent, close to the 19 percent it has reported in the previous years.

    25 Jul 2016, 2.30 pm  |  Source: CNBC-TV18

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