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by Ashmit Kumar | 6th-Mar-14 20:00
After the Bombay HC’s refusal to grant a stay on the FMC ‘Fit and Proper’ order, it’s the turn of the market regulator to up the ante against the Jignesh Shah led FTIL.
by Sajeet Manghat | 3rd-Mar-14 19:45
In what could be easily seen as one of the largest FDI into power sector and one where Abu Dhabi National Energy Company invested to acquire two of its Hydro power units – JP Power Ventures lost nearly 16% during trade. This was preceded by the stock rising 12% after company announced during market hours on Feb 28th that its board will meet on March 1st to consider recommendations of the committee of directors and look to reduce debt and unlock shareholder value.
by Payaswini Upadhyay & Aastha Maheshwari | 28th-Feb-14 19:19
Bombay High Court has allowed the Star Group\'s non-Indian entities to go ahead and settle more than 50 cases before the settlement commission. If successful, this could amount to the biggest settlement by any corporate house.
by Manasvi Ghelani | 26th-Feb-14 19:46
GVK Group’s Mumbai International Airport Ltd (MIAL) will be able to pocket close to a Rs 1000 cr by end of this financial year.
by Aakansha Sethi | 26th-Feb-14 19:36
The Jalan Panel hasn\'t recommended names for bank licences but CNBC-TV18 learns that the RBI may give few licences in March.
by CNBC-TV18 | 18th-Feb-14 20:02
One of India\'s top B-schools is set for a change of guard. RIL chairman Mukesh Ambani is likely to step down as Chairman of the board of governors at the Indian Institute of Management, Bangalore.
by CNBC-TV18 | 13th-Feb-14 20:05
Vodafone India has retained their existing spectrum in the 3 metros and significantly enhanced their data capabilities by buying 4G spectrum for the next generation of mobile services in Mumbai, Delhi, Kolkata, Karnataka and Kerala.
by Kritika Saxena | 13th-Feb-14 19:49
\'Bloodbath\', \'Traumatizing\', \'Unprofessional\'; many words did the round on social network sites and IT blogs referring to the mass large scale lay offs undergone by IBM this week.
by PTI | 13th-Feb-14 19:21
Net 1 Universal Electronic Payment System Technologies (Net1), dual-listed in the US and South Africa, is planning a roll-out of its services in India in a link-up with global payments company Visa.
by Manasv Ghelani | 13th-Feb-14 19:06
Tata Realty & Infrastructure I.T. Park in Goregaon, Mumbai finally sees some activity with respect to interested parties. U.S. based private equity fund Blackstone Group in consortium with Pune-based developers Panchsil Developers are eyeing the property according to sources.
by Manasvi Ghelani | 13th-Feb-14 18:48
CNBC-TV18 has learnt according to sources that Standard Chartered Bank is in process of reducing exposure towards commercial real estate segment in India.
by CNBC-TV18 | 10th-Feb-14 19:59
Reliance Communications today announced strengthening of its senior management team, with the appointment of Mr. Vinod Sawhny as CEO of Reliance Communications Ltd., to lead the Company.
by CNBC-TV18 | 31st-Jan-14 19:36
Bajaj Auto gets personal. The motorcycle major is looking to follow up on its RE60 quadricycle project with a new four wheeler. But unlike the quadricycle which has only been approved by the government for commercial use, the new vehicle will target personal users.
by CNBC-TV18 | 30th-Jan-14 20:08
RBI today announced the framework whereby banks will have to report all their loans over Rs 5 crore to a central repository at RBI. It also told banks to set in rules that will ensure early recognition of stressed loans. It has ensured lower provisions if restructuring is under way, but imposes higher provisions if stressed loans are not resolved early.
by PTI | 29th-Jan-14 18:47
In a major boost for overseas entities, the government has said that Foreign Portfolio Investors would attract uniform tax rate across categories.
by CNBC-TV18 | 16th-Jan-14 20:01
Bharti Airtel is in talks to buy out Mumbai-based Loop Mobile.
by Agencies | 15th-Jan-14 19:54
In a sign of increasing number of rifts within the Aam Aadmi party (AAP), new entrant Captain Gopinath on Wednesday criticised the Delhi government\'s move to block retail FDI. "This move will not help local retailers," Gopinath said.
by CNBC-TV18 | 9th-Jan-14 20:03
As CCEA deferred the decision whether SUUTI\'s portfolio should be transferred to an AMC, it paved the way for Axis Banks\' stake sale of 12-13%.
by PTI | 19th-Dec-13 19:24
The Coal Ministry has issued show cause notices to Adani Power and Jayaswal Neco Industries Ltd for delays in developing the mines allocated to them for captive use.
by PTI | 17th-Dec-13 19:02
Public sector banks reported to the RBI 578 cases of frauds, each exceeding Rs 1 crore, in the 22 months through October 2013, Parliament was informed.
India Business Update