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Articles »

Hero MotoCorp Sales Surpass 2 Lk Mark On Dhanteras

by CNBC-TV18 | 22nd-Oct-14 19:57

This Dhanteras has been a phenomenal day of retail sales for Hero MotoCorp. For the first time, their total sales to end-customers across the country in a single day far surpassed the 200,000 mark on Tuesday, which is a growth of over 80% over Dhanteras day last year. It is all the more credible as they have clocked this kind of record retail sales without offering any discounts and freebies. Hero MotoCorp had anticipated this demand and were prepared with the robust 6-lakh plus despatch in the month of September."

more

Govt To Allow Foreign Firms To Commercially Mine, Sell Coal

by CNBC-TV18 | 22nd-Oct-14 17:46

In an executive order posted on the Coal Ministry\'s website on Wednesday, Prime Minister Narendra Modi\'s government said that any company incorporated in India may be allowed to mine coal for their own consumption or sale, overturning a 42-year-old ban.

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RBI Reorganises Portfolios Of Deputy Governors

by CNBC-TV18 | 21st-Oct-14 19:35

RBI reorganises portfolios of Deputy governors.

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Govt Further Relaxes Norms For Defence Manufacturing

by CNBC-TV18 | 20th-Oct-14 19:38

Govt further relaxes norms for defence manufacturing

more

Sistema’s Rs 10k cr Investment In India Hits Roadblock

by Ashmit Kumar | 29th-Sep-14 19:52

Looking to pump in 10,000 cr into its Indian subsidiary, Sistema is facing multiple challenges.

more

JPVL Calls Off Talks With ADAG For Sale Of Hydro Assets

by Press Release | 24th-Sep-14 19:15

JPVL today announced that for reasons not attributable to any regulatory uncertainties but due to difference of commercial aspects, discussion with ADAG has been called off.

more

Govt Mulls Duty Hike On Unbranded Diesel

by Sapna Das | 18th-Sep-14 19:33

Govt is currently considering a proposal to hike excise duty on diesel on the back of softening crude oil price and oil marketing cos reporting a marginal gain of 35 paise on every litre of diesel sold.

more

ICICI Bank, SBI Sign $2.8Bn Agreement With China Exim Bank

by CNBC-TV18 | 18th-Sep-14 19:17

State Bank of India and The Export Import Bank of China have signed a framework agreement for a Line of Credit (LOC) of $1.8 billion to be offered by the latter.

more

Govt Eyes April 2016 For GST Roll Out

by CNBC-TV18 | 16th-Sep-14 19:40

Prime Minister Narendra Modi has given directions for Goods and Services Tax to be rolled out by April 2016.

more

Signs Of Recovery: Advance Tax For 14 Cos Up 19%

by Aastha Maheshwari | 15th-Sep-14 20:03

The initial trend for Q2 advance tax payment is indicating a healthy trend, suggesting a 19% increase for the top 14 companies.

more

USFDA Conducts Surprise Audits At Sun's Halol Plant

by Archana Shukla | 10th-Sep-14 19:56

USFDA conducts surprise audit of Sun Pharma\'s Halol plant in Gujarat.

more

5 CIL Trade Unions Oppose CCEA's Decision On Divestment

by Anshu Sharma | 10th-Sep-14 19:31

5 trade unions of coal India oppose CCEA\'s decision on divestment.

more

Cadbury To Set Up Its Biggest Facility In Asia Pacific In AP

by Sajeet Manghat | 10th-Sep-14 19:17

A decade long battle with minority shareholders has not dented the appetite of erstwhile Cadbury India now Mondelez India from making big ticket investments here. The company will set up its biggest facility in Asia Pacific. While the chocolate maker is focusing on growth it continues to face several challenges including an SEC investigation.

more

Tata Sons Declares 800% Dividend Despite Shrinking Revenues

by Sajeet Manghat | 9th-Sep-14 19:21

The challenging Year of 2013-14 had its impact on the financials of the Tata Sons, the holding company for Tata Group.

more

Real Estate & Insurance Emerging Biz For Tatas

by Sajeet Manghat | 8th-Sep-14 19:34

TCS continues to be the blue eyed subsidiary which contributes nearly 96% of the dividend income recieved by Tata Sons. FY14 has been relatively flat for the Tata Sons in terms of dividend recieved from the group companies. But Sajeet Manghat reports its new businesses viz real estate & insurance are showing signs of break-out.

more

L&T Wins Over Rs 5,100 Cr Order From Madhya Pradesh Utility

by CNBC-TV18 | 5th-Sep-14 17:00

Infrastructure major Larsen & Toubro today said it has won Rs 5,100 crore order for setting up a 1,320 MW thermal power plant in Madhya Pradesh. Wipro wins IT services contract from Philip Morris

more

Mining policy to classify leases before its resumption

by PTI | 4th-Sep-14 19:53

PANAJI: Goa government\'s proposed mining policy will classify the existing leases in three different categories, depending on when they are allowed to resume iron ore extraction activity, a senior official said today.

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APTEL Restrains Tata Power From Entering RInfra's Licensed Area In Mumbai

by CNBC-TV18 | 4th-Sep-14 18:57

APTEL restrains Tata Power from entering RInfra\'s licensed area in Mumbai.

more

Landmark Order By Bombay HC To Expedite Recovery From NSEL Defaulters: NSEL

by Press Release | 2nd-Sep-14 19:57

National Spot Exchange Ltd. (NSEL) has welcomed the landmark verdict pronounced by the Honourable Bombay High Court on Tuesday by appointing a three-member committee in the larger public interest to ascertain the dues and undertake a forensic audit of the defaulters.

more

Govt Mulls Replacing TRAI With New Regulator

by CNBC-TV18 | 1st-Sep-14 19:29

Govt mulls super regulator for communication sector. Govt mulls replacing TRAI with new Regulator. TRAI Act proposed to be repealed by new legislation.

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