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Articles »

Reliance Enters Into A Joint Venture For Textile Business

by Press Release | 9th-Dec-14 17:09

Reliance Industries Limited (‘RIL’) India and Shandong Ruyi Science and Technology Group Co. Ltd, China (‘Ruyi’) (through its wholly owned subsidiary), have executed definitive agreements for a joint venture in textiles.


DGCA Cracks Down At Spicejet, Withdraws 100 Slots

by Sindhu Bhattacharya | 5th-Dec-14 19:55

Low-cost carrier SpiceJet has sought six weeks from the aviation ministry to find a strategic partner for the airline. The airline’s top brass met minister A Gajapathi Raju last week and asked for time to find an investor.


R.I.P. Maharashtra Former CM Antulay; Actor Deven Varma

by CNBC-TV18 | 2nd-Dec-14 16:31

Former Union minister and senior Congress leader A.R. Antulay died on Tuesday following prolonged illness, a family member said. He was 85.


Government Lifts Gold Import Curbs

by Sapna Das | 28th-Nov-14 19:44

80:20 scheme for gold imports to be scrapped.


Sahara May Move SC To Sell 4 Land Parcels For Rs 2,200-2,300 Cr

by Nayantara Rai | 27th-Nov-14 19:44

CNBC-TV18 exclusively learns Sahara may shortly move SC to sell 4 land parcels for Rs 2,200 - Rs 2,300 cr. Sahara is filing this application to allay buyer\'s fears of on future land siezeures. These land parcels are located in Gurgaon, Vasai, Pune and Jodhpur. Sahara hoping to raise Rs 2,200 - Rs 2,300 cr from this exercise is a drop in the ocean compared to the Rs 47,000 cr being demanded from the market regulator SEBI in the debenture refund.


Relief for Vodafone in Rs 3,200-Crore Tax Case

by CNBC-TV18 | 26th-Nov-14 19:46

In a relief for British telecom giant Vodafone, Attorney General Mukul Rohatgi on Wednesday agreed with the Central Board of Direct Taxes (CBDT) chairman that the ruling of the Bombay High Court in favour of the telecom player in the Rs 3,200 crore tax dispute should not be appealed in Supreme Court.


Oil Min Asks FM To Take Up Relief Pkg For Gas Power Units

by CNBC-TV18 | 26th-Nov-14 18:34

Oil, Power Min seek financial aid for stranded gas based power plants.


Govt Looks At Plan Expenditure Rationalization In Budget 2015

by Sapna Das | 26th-Nov-14 18:28

Fin Min calls for rationalisation of Central Schemes ahead of Budget\'15


Jignesh Shah Hands Over The Baton Of FTIL

by Press Release | 20th-Nov-14 19:40

The Board of Directors of Financial Technologies (India) Limited (FTIL) announced today that Mr Jignesh Shah will hand over the baton to the next generation at FTIL. Mr Prashant Desai who joined the company in 2013 as President (Investor Relations and M&A) will, effective today, assume the position of MD & CEO of the Company. Mr. Jignesh Shah will no longer hold any executive or managerial position in the Company.


NTT To Move Court Against Tata Sons?

by Kritika Saxena | 19th-Nov-14 19:57

CNBC-TV18 learns from sources that the NTT group has appointed bankers to mull options to initiate arbitration against Tata Sons for not exercising the put option agreed between the two players at the time of the deal closure.


SEBI Tightens Insider Trading Norms

by Press Release | 19th-Nov-14 18:54

Securities and Exchange Board of India on Wednesday cleared big bang market reforms including repealing of the two decade old insider trading rules with new prohibition of insider trading (PIT) regulations and amending the delisting regulations.


Shroff Vs Shroff: 3-Member Mediation Panel Constituted

by Prerna Baruah | 18th-Nov-14 19:15

The ownership dispute between the Managing Partners of India’s biggest law firm – Amarchand Mangaldas – reached the Bombay High Court today. After several hours of hearing, in which the family dirty laundry got washed in public, the 2 brothers, Shardul and Cyril Shroff have agreed to a second attempt at mediation. RThey have up to December 31st to arrive at a consensus.


Samsung SDI Examining India For Making Rechargeable Battery

by PTI | 7th-Nov-14 19:52

Samsung SDI, the chemical and battery unit of Korean technology major Samsung, is studying the feasibility of setting up a manufacturing plant in India.


Samsung SDI Examining India For Making Rechargeable Battery

by PTI | 7th-Nov-14 19:52

Samsung SDI, the chemical and battery unit of Korean technology major Samsung, is studying the feasibility of setting up a manufacturing plant in India.


Govt Mulls Allowing New Indian Airlines To Fly Abroad

by PTI | 5th-Nov-14 19:55

New Indian airlines may be allowed to fly abroad after completing only one year of domestic service instead of five years, with the government considering amending the rules to enable them do so, official sources said on Wednesday.


Aditya Birla Minerals In Talks To Sell Mt Gordon Mine

by PTI | 4th-Nov-14 19:20

MELBOURNE: Aditya Birla Minerals, owned by the Aditya Birla Group, is in talks with a potential buyer to sell its Mt Gordon copper mine in Australia.


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."


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.


RBI Reorganises Portfolios Of Deputy Governors

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

RBI reorganises portfolios of Deputy governors.


Govt Further Relaxes Norms For Defence Manufacturing

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

Govt further relaxes norms for defence manufacturing


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