• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Masteryourmoney Earnings
moneycontrol.com

Business News

  • Automation to replace lakhs of entry, mid-level IT execs: Pai

    Automation to replace lakhs of entry, mid-level IT execs: Pai  

    According to him, middle-level managers account for 10 percent or 450,000 people of the 4.5 million (45 lakh) strong IT industry in India. Half of them (2,25,000) would lose jobs over the next one decade as their work would get au...

    31 Jul 2016, 2.50 pm  |  Source: PTI

  • Motherson Sumi board to meet next week to evaluate fund-raising

    Motherson Sumi board to meet next week to evaluate fund-raising  

    "A meeting of the board of directors will be held on August 3 to discuss and evaluate the various fund-raising options including capital issuance," Motherson Sumi Systems said in a BSE filing.

    31 Jul 2016, 2.08 pm  |  Source: PTI

  • Bank of India to allot preference shares to govt for Rs 1,338 cr

    Bank of India to allot preference shares to govt for Rs 1,338 cr  

    The bank will seek shareholder approval for the same at its extraordinary general meeting to be held on August 30.

    31 Jul 2016, 2.08 pm  |  Source: PTI

  • Top 8 cos add Rs 46,505 cr in market valuation; TCS shines

    Top 8 cos add Rs 46,505 cr in market valuation; TCS shines  

    Barring CIL and ONGC, rest eight companies, including RIL, HDFC Bank, ITC and Infosys saw addition in their market capitalisation (m-cap) for the week ended Friday.

    31 Jul 2016, 2.04 pm  |  Source: PTI

  • PNB cuts MCLR rates by 0.05% in various tenors from August 1

    PNB cuts MCLR rates by 0.05% in various tenors from August 1  

    The new MCLR rates will come to effect from August 1, PNB said in a regulatory filing.

    31 Jul 2016, 2.00 pm  |  Source: PTI

  • Japanese firm Toli Floor bets on India, eyes 50% growth

    Japanese firm Toli Floor bets on India, eyes 50% growth  

    The company has been witnessing an annual growth of 35-40 percent in India with a turnover of USD 3 million. It entered the country in 2011.

    31 Jul 2016, 1.46 pm  |  Source: PTI

  • India`s holdings of US govt securities fall to $118 bn in May

    India's holdings of US govt securities fall to $118 bn in May  

    After hitting a high of USD 121.6 billion in April, India's holdings came down by USD 3.6 billion in May, as per the latest data from the US Treasury Department.

    31 Jul 2016, 1.46 pm  |  Source: PTI

  • Online biz cos to give contact details on their portals: Govt

    Online biz cos to give contact details on their portals: Govt  

    The government's move to introduce the requirement for companies comes against the backdrop of instances where people have been duped by way of fraudulent activities, including through online platforms.

    31 Jul 2016, 1.46 pm  |  Source: PTI

  • Industry sees uptick in sales, profitability by Dec: Survey

    Industry sees uptick in sales, profitability by Dec: Survey  

    However, the survey also noted that private sector remains elusive with regard to pumping in fresh investment due to continuous under-utilisation of capacities.

    31 Jul 2016, 1.30 pm  |  Source: PTI

  • Hetero Healthcare to set up units in three states

    Hetero Healthcare to set up units in three states  

    The company will manufacture injectables at the Andhra unit and tablets and capsules in Guwahati units. These three units will add roughly around 20-25 percent turnover to the company, he said without divulging investment figures.

    31 Jul 2016, 1.30 pm  |  Source: PTI

  • Fino for more stake sale; to launch payments bank in 6 mths

    Fino for more stake sale; to launch payments bank in 6 mths  

    When asked about the new shareholders, Gupta hinted that it may be some new, non-financial player again, saying a payments bank is the start of differentiated banking and the stakeholders will also be from varied businesses.

    31 Jul 2016, 1.30 pm  |  Source: PTI

  • Coal linkages panel asks GVK Power to get fuel via e-auction

    Coal linkages panel asks GVK Power to get fuel via e-auction  

    Standing Linkage Committee (Long-Term) for coal linkages clarified that "the MoU for coal supply (to GVK Power Goindwal Sahib plant) was valid till June 30, 2016 and this would not be extended. The project proponent (PP) was advis...

    31 Jul 2016, 1.26 pm  |  Source: PTI

  • DLF`s rental arm stake sale by September, may fetch Rs 12,000 cr

    DLF's rental arm stake sale by September, may fetch Rs 12,000 cr  

    According to sources, three global institutional investors -- Blackstone, GIC and Abu Dhabi Investment Authority -- have been shortlisted as buyers in DLF Cyber City Developers Ltd (DCCDL). Due diligence process is on and the agre...

    31 Jul 2016, 1.21 pm  |  Source: PTI

  • Centre to modify GFR for further ease of doing business

    Centre to modify GFR for further ease of doing business  

    The GFR acts as a guiding framework for dealing with financial matters and adherence to it is mandatory.

    31 Jul 2016, 12.24 pm  |  Source: PTI

  • IT Min revises work on encryption policy, seeks industry views

    IT Min revises work on encryption policy, seeks industry views  

    The ministry has given the associations a deadline of August 1, for sending their feedback, and said they would be invited for a more detailed discussion in the meeting of an Expert Committee.

    31 Jul 2016, 12.24 pm  |  Source: PTI

  • GST, 7th Pay commission to help increase demand in H2: GCPL

    GST, 7th Pay commission to help increase demand in H2: GCPL  

    "Overall, we should see a boost to consumption in India, following the implementation of the 7th Pay Commission and the passing of GST. We are hopeful that the second half of the year will be better than the first," GCPL Managing ...

    31 Jul 2016, 12.00 pm  |  Source: PTI

  • Manish Tandon quits Infy; 2nd high-profile exit in 10 days

    Manish Tandon quits Infy; 2nd high-profile exit in 10 days  

    The company’s another executive VP, Anup Uppadhayay, who was heading the strategic global sourcing, had exited from the company recently. Another recent exit from the company was of Vasudev Nayak, who put in his papers this mont...

    30 Jul 2016, 4.45 pm  |  Source: Moneycontrol.com

  • Funding, policy to keep road & railways projects on track

    Funding, policy to keep road & railways projects on track  

    Momentum in road project awards is likely to sustain with the National Highways Authority of India (NHAI) likely to award around 6,500-7,000 km (kilometre) projects in FY17 (around 4,400 km in FY16), says a note by research house ...

    30 Jul 2016, 4.42 pm  |  Source: Moneycontrol.com

  • What will be a Prime mover for Amazon India?

    What will be a Prime mover for Amazon India?  

    A Consumer Intelligence Research Partners (CIRP) report suggests that Prime shoppers of Amazon spent about USD 1,200 on an average in 2015, compared to USD 500 for non-prime members. If the US success story is anything to go by, t...

    30 Jul 2016, 3.49 pm  |  Source: Moneycontrol.com

  • ZEE launches Bollywood movie channel `Zee.One` in Germany

    ZEE launches Bollywood movie channel 'Zee.One' in Germany  

    ZEE had announced in January this year that it would be launching a free-to-air TV channel in Germany featuring Bollywood films and popular Indian TV series.

    30 Jul 2016, 11.10 am  |  Source: PTI

  • Tata Group not willing to pay compensation: DOCOMO

    Tata Group not willing to pay compensation: DOCOMO  

    DoCoMo in a statement said Tata Sons was citing Reserve Bank of India (RBI) not granting an exemption to the foreign exchange act to pay the money as an "excuse".

    30 Jul 2016, 11.10 am  |  Source: PTI

  • IRB Infra bags Rs 2,100 crore project from NHAI

    IRB Infra bags Rs 2,100 crore project from NHAI  

    The Rs 2,100 crore project is to be developed on design, built, finance, operate and transfer (DBFOT) under the National Highways Development Programme (NHDP) phase V.

    30 Jul 2016, 11.10 am  |  Source: PTI

  • BPCL acquires 21% stake in FINO PayTech for Rs 251 crore

    BPCL acquires 21% stake in FINO PayTech for Rs 251 crore  

    BPCL has entered into an agreement for acquiring 21 percent stake on fully diluted basis in the share capital of FINO PayTech for a consideration of Rs 251 crore in an all cash deal, BPCL said in a BSE filing.

    29 Jul 2016, 10.17 pm  |  Source: PTI

  • DHFL to raise Rs 4,000 cr via NCDs

    DHFL to raise Rs 4,000 cr via NCDs  

    The housing finance firm will be issuing secured redeemable NCDs of face value of Rs 1,000 each aggregating up to Rs 4,000 crore, the company said in a statement here. The issue size is Rs 1,000 crore with an option to retain over...

    29 Jul 2016, 10.11 pm  |  Source: PTI

  • GCPL to merge 2 overseas subsidiaries with itself

    GCPL to merge 2 overseas subsidiaries with itself  

    "Both the transferor companies are wholly-owned subsidiaries of GCPL. As per the scheme GCPML and GCPUSHL will be amalgamated into GCPL," the company said in a BSE filing.

    29 Jul 2016, 10.02 pm  |  Source: PTI

  • Inshorts open to having an overseas partnership

    Inshorts open to having an overseas partnership   

    Here's another CNBC-TV18 exclusive -- this time from the start-up space. Inshorts, which aggregates news in just 60 words, is all set to go global. CNBC-TV18's Adith Charlie and Arundathi Ramanan look at what the company has achie...

    29 Jul 2016, 9.50 pm  |  Source: CNBC-TV18

  • Flipkart laying off at least 700 employees to cut costs

    Flipkart laying off at least 700 employees to cut costs   

    India's largest e-commerce player Flipkart is sacking at least 700 employees, or over 3 percent of its workforce, as it looks to cut cost to compete with rivals like Amazon and Snapdeal.

    29 Jul 2016, 9.04 pm  |  Source: PTI

  • Capital infusion of Rs 7,575 cr to boost loan growth: SBI

    Capital infusion of Rs 7,575 cr to boost loan growth: SBI  

    The recently announced Rs 7,575 crore capital infusion by the government will help push credit growth, SBI said today.

    29 Jul 2016, 8.20 pm  |  Source: PTI

  • Spicejet may place order for new aircraft: Singh

    Spicejet may place order for new aircraft: Singh  

    No-frills carrier SpiceJet, which is in discussions with global aircraft makers --Boeing and Airbus -- for quite some time now, may place order for new aircraft by the end of the current quarter, airline chief Ajay Singh said toda...

    29 Jul 2016, 8.20 pm  |  Source: PTI

  • GST is complex, near-term disruptions likely on rollout: Pros

    GST is complex, near-term disruptions likely on rollout: Pros   

    The Finance Ministry will soon move the Cabinet with changes in the GST Constitutional Amendment Bill providing for full compensation to states for the first five years of roll-out of the new indirect tax regime.

    29 Jul 2016, 7.33 pm  |  Source: CNBC-TV18

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login