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  • 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

  • Alembic Pharma gets US FDA nod for anti-migraine drug

    Alembic Pharma gets US FDA nod for anti-migraine drug  

    "The company has received approval from the US Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Zolmitriptan Orally Disintegrating Tablets, 2.5 and 5 mg," Alembic Pharmaceuticals said in a B...

    05 Dec 2016, 11.00 am  |  Source: PTI

  • Nestle India declares interim dividend of Rs 16 per share

    Nestle India declares interim dividend of Rs 16 per share  

    "The board of directors of the company at its meeting held on December 5, 2016, has declared third interim dividend of Rs 16 per share for 2016 on the entire issued, subscribed and paid-up share capital of the company," Nestle sai...

    05 Dec 2016, 10.44 am  |  Source: PTI

  • Euro depreciation won`t dent profits: Motherson Sumi

    Euro depreciation won't dent profits: Motherson Sumi   

    Motherson Sumi's Chairman Vivek Chaand Sehgal says the company both buys raw materials and sells the finished goods in euro and may not be affected by a weaker euro. He adds that Motherson Sumi may instead benefit when cars are ex...

    05 Dec 2016, 9.28 am  |  Source: CNBC-TV18

  • IDFC eyes majority stake in telecom tower operator GTL Infra

    IDFC eyes majority stake in telecom tower operator GTL Infra  

    IDFC’s private equity arm IDFC Alternatives is looking to pick up a controlling stake in telecom tower operator GTL Infrastructure, Mint reported Monday quoting two persons privy to the development.

    05 Dec 2016, 9.13 am  |  Source: Moneycontrol.com

  • Renault to roll out Lodgy variant for fleet segment at Rs 9.43lk

    Renault to roll out Lodgy variant for fleet segment at Rs 9.43lk  

    The company is close to launch a new variant of its once successful MPV, Lodgy Stepway, at an introductory price of Rs 9.43 lakh. The souped-up version comes with 16 new enhancements, superior performance, comfort, safety, space a...

    05 Dec 2016, 9.08 am  |  Source: PTI

  • Air India to get 23rd Dreamliner in Jan; last 4 planes by Mar

    Air India to get 23rd Dreamliner in Jan; last 4 planes by Mar  

    Hejmadi was in the city to deliver the keynote address at the 112th birthday celebrations of the airline founder JRD Tata over the weekend. He founded the airline as Tata Airlines on October 15, 1932 which was taken over the gover...

    05 Dec 2016, 9.08 am  |  Source: PTI

  • Tata Steel closes in on UK plant deal: Report

    Tata Steel closes in on UK plant deal: Report  

    Union leaders will put a new rescue plan to its members this week, which could see investments into the UK's largest steel plant in return for concessions on staff terms and conditions, according to 'The Sunday Times'.

    05 Dec 2016, 9.00 am  |  Source: PTI

  • Move to cashless economy has to be taken step-by-step: Bhargava

    Move to cashless economy has to be taken step-by-step: Bhargava  

    Digital payments need to be promoted in the big cities because of a lack of proper resources and infrastructure, RC Bhargava, Chairman of Maruti Suzuki. Once they get used to going cashless, the digital drive can be extended to th...

    05 Dec 2016, 8.42 am  |  Source: Moneycontrol.com

  • MMTC to tie-up with SBI to sell gold coin

    MMTC to tie-up with SBI to sell gold coin  

    The state-run bullion trader, which has already tied up with over half a dozen banks, has so far sold one lakh pieces of "Indian Gold Coin" and has set a target of selling 5 lakhs units in the next few years. The coin is available...

    05 Dec 2016, 8.12 am  |  Source: PTI

  • Adani Australia mine project gets approval for rail line, camp

    Adani Australia mine project gets approval for rail line, camp  

    Queensland's Coordinator-General has given "the latest, and final, secondary approval" for about 31.5 kilometres of permanent track, as well as the 300-bed camp.

    05 Dec 2016, 7.44 am  |  Source: PTI

  • Godrej optimistic on manufacturing sector growth, job creation

    Godrej optimistic on manufacturing sector growth, job creation  

    Noted industrialist Adi Godrej has expressed optimism over growth in manufacturing once GST is in place and creation of large-scale jobs going forward, and termed the retrenchment at engineering major L&T as company-specific and n...

    04 Dec 2016, 4.20 pm  |  Source: PTI

  • Crisil assigns ratings to Sterlite Power`s InvIT

    Crisil assigns ratings to Sterlite Power's InvIT  

    Ratings agency Crisil has assigned its first rating CCR AAA to the Rs 2,500 crore InvIT by Sterlite Power Grid Ventures (SPGVL) which has been given approved by market regulator Sebi.

    04 Dec 2016, 2.58 pm  |  Source: PTI

  • BigBasket eyes Rs 2Kcr rev this fiscal; profits by Mar `18

    BigBasket eyes Rs 2Kcr rev this fiscal; profits by Mar '18  

    With people becoming comfortable buying even milk and bread online, e-grocery platform BigBasket today said it has seen 300 per cent growth in revenue in the past one year and expects to cross the Rs 2,000 crore-milestone by the f...

    04 Dec 2016, 2.26 pm  |  Source: PTI

  • US-based bathing brand NoRinse eyes $2 mn India sales by Mar`17

    US-based bathing brand NoRinse eyes $2 mn India sales by Mar'17  

    US-based waterless bathing brand NoRinse, which entered India earlier this year, is eyeing a turnover of USD 2 million by March 2017.

    04 Dec 2016, 2.14 pm  |  Source: PTI

  • Retailers asked to accept old Rs 500 note for recharges: COAI

    Retailers asked to accept old Rs 500 note for recharges: COAI  

    Amid complaints about non-acceptance of old Rs 500 notes for mobile recharges at some places, cellular operators body COAI has said the companies have given strict guidelines to accept these notes from customers but retailers and ...

    04 Dec 2016, 2.14 pm  |  Source: PTI

  • ONGC crosses daily production target; revises annual goal

    ONGC crosses daily production target; revises annual goal  

    State-run oil behemoth ONGC has crossed its daily production target of 16,200 tonnes per day and has accordingly revised its annual goal upward to 5.9 million tonnes for this fiscal.

    04 Dec 2016, 2.14 pm  |  Source: PTI

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