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  • 5G has lot of promises for a country like India: RS Sharma

    5G has lot of promises for a country like India: RS Sharma   

    After 4G, India is betting big on 5G. The Telecom Regulatory Authority of India’s (TRAI) chairman RS Sharma is hoping that telecom operators will make themselves ready as and when the 5G standards get finalised.

    01 Mar 2017, 10.34 pm  |  Source: CNBC-TV18

  • Bank of India to raise Rs 1000 cr to comply Basel III norms

    Bank of India to raise Rs 1000 cr to comply Basel III norms  

    "The bank is in process of raising Basel-III compliant additional tier-1, perpetual bonds -Series 4, for an amount of Rs 500 crore with a green shoe option of Rs 500 crore, aggregating Rs 1,000 crore by private placement," Bank of...

    01 Mar 2017, 10.28 pm  |  Source: PTI

  • Pay min Rs150 for more than 4 cash transactions at top pvt banks

    Pay min Rs150 for more than 4 cash transactions at top pvt banks  

    Banks including HDFC Bank, ICICI Bank and Axis Bank on Wednesday began charging a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month.

    01 Mar 2017, 10.26 pm  |  Source: PTI

  • Ban call on Coke, Pepsi by TN traders body comes into effect

    Ban call on Coke, Pepsi by TN traders body comes into effect   

    A call by the Traders Federation in Tamil Nadu to ban sales of Coca Cola and Pepsi soft drinks came into effect today with its President A M Vikrama Raja declaring drinks as 'toxic' for consumption.

    01 Mar 2017, 9.30 pm  |  Source: PTI

  • Indian cos to invest more money, skills in cloud: VMware

    Indian cos to invest more money, skills in cloud: VMware  

    According to a study commissioned by VMware, very large enterprises (80 per cent), large enterprises (83 per cent) and medium enterprises (82 per cent) are likely to invest in private cloud.

    01 Mar 2017, 9.30 pm  |  Source: PTI

  • M&M eyes 50% revenue from abroad by FY19, to have overeseas base

    M&M eyes 50% revenue from abroad by FY19, to have overeseas base  

    As part of its strategy to net 50 per cent of automotive revenues from overseas by fiscal 2019, homegrown auto player Mahindra & Mahindra (M&M) is planning to set up a second base for itself outside the country.

    01 Mar 2017, 9.30 pm  |  Source: PTI

  • Pharma group IPA hits out at local drug regulators

    Pharma group IPA hits out at local drug regulators   

    The Indian Pharmaceutical Alliance – a powerful grouping of twenty leading Indian drug companies – has written to Arvind Panagariya, vice chairman of the National Institution for Transforming India or NITI Aayog, expressing co...

    01 Mar 2017, 9.20 pm  |  Source: CNBC-TV18

  • Promoters to participate in TCS` Rs 16,000-cr buyback offer

    Promoters to participate in TCS' Rs 16,000-cr buyback offer  

    Tata Consultancy Services today said its promoters intend to participate in its proposed Rs 16,000-crore buyback offer.

    01 Mar 2017, 9.16 pm  |  Source: PTI

  • TVS Motor sales down 3.64% at 2,11,470 units in February

    TVS Motor sales down 3.64% at 2,11,470 units in February  

    Chennai-based TVS Motor today posted 3.64 per cent decline in total sales at 2,11,470 units in February this year.

    01 Mar 2017, 8.10 pm  |  Source: PTI

  • PNB plans sale of Rs 1,800 crore bad loans to ARC this month

    PNB plans sale of Rs 1,800 crore bad loans to ARC this month  

    "Certain accounts are in the pipeline, may be assets around Rs 1800 crore, and these will be put on the block during the current fiscal," PNB Managing Director Usha Ananthasubramanian told PTI.

    01 Mar 2017, 8.10 pm  |  Source: PTI

  • 5G technology adoption to begin in India this year: Huawei

    5G technology adoption to begin in India this year: Huawei  

    Indian telecom operators will start adopting 5G technology, which in present form can deliver up to 1000 mbps download speed, from this year, Huawei India CEO Jay Chen said today.

    01 Mar 2017, 8.10 pm  |  Source: PTI

  • Tata Global Beverages, Keurig Green Mountain expand tie-up

    Tata Global Beverages, Keurig Green Mountain expand tie-up  

    Tata Global Beverages (TGB) and Keurig Green Mountain, Inc. (Keurig) today announced a multi-year expansion of their partnership for the manufacturing, sales, licensing and distribution of the Eight O�Clock coffee and Tetley...

    01 Mar 2017, 8.10 pm  |  Source: PTI

  • NTPC clocks 4.67% growth in power generation

    NTPC clocks 4.67% growth in power generation  

    State-run NTPC Group has registered a growth of 4.67 per cent in power generation at 251.036 billion units (BUs) in April-February this fiscal compared to year-ago period.

    01 Mar 2017, 8.10 pm  |  Source: PTI

  • TRAI needs to adopt long-term vision for industry: Sunil Mittal

    TRAI needs to adopt long-term vision for industry: Sunil Mittal  

    Bharti Airtel Chairman Sunil Mittal has urged sectoral regulator TRAI to adopt a long-term vision for the industry and not approach regulations in "fits and starts" or reactive manner.

    01 Mar 2017, 7.40 pm  |  Source: PTI

  • Healthcare sector likely to grow by 12-14% over next 5 yrs: ICRA

    Healthcare sector likely to grow by 12-14% over next 5 yrs: ICRA  

    The health care sector is expected to witness an annual revenue growth of 12-14 per cent over the next five years due increasing medical tourism and higher health insurance penetration, rating agency ICRA said today.

    01 Mar 2017, 7.40 pm  |  Source: PTI

  • Godrej consolidating food retail chain Nature`s Basket

    Godrej consolidating food retail chain Nature's Basket  

    Godrej Nature's Basket, which is aiming for sustainable profitable growth through omnichannel expansion over the next three to five years, has also put in place a new management team.

    01 Mar 2017, 7.40 pm  |  Source: PTI

  • 2G: Court asks Swamy to bring more material against Tata

    2G: Court asks Swamy to bring more material against Tata  

    A special court today asked BJP MP Subramanian Swamy's plea to bring more material in support of his criminal complaint against industrialist Ratan Tata and others in connection with the 2G spectrum scam case.

    01 Mar 2017, 7.40 pm  |  Source: PTI

  • SAIL appoints Soma Mondal as Director Commercial

    SAIL appoints Soma Mondal as Director Commercial  

    "Soma Mondal has taken charge as Director (Commercial) of SAIL. Mondal is the first ever woman functional Director on the company's board," SAIL said in a statement.

    01 Mar 2017, 7.40 pm  |  Source: PTI

  • Nokia, Airtel to collaborate on 5G, IoT applications

    Nokia, Airtel to collaborate on 5G, IoT applications  

    Under a new agreement, Nokia and Airtel will collaborate to drive the definition and development of these new services with a focus on taking the path to 5G network connectivity, Nokia said in a statement.

    01 Mar 2017, 7.40 pm  |  Source: PTI

  • USFDA issues warning letter to Wockhardt`s US arm

    USFDA issues warning letter to Wockhardt's US arm  

    “This would mean that current portfolio of the Company will continue to be made available, however, new approvals will be withheld till resolution,” the company said in a statement.

    01 Mar 2017, 7.40 pm  |  Source: Moneycontrol.com

  • SBI sets up team for fintech; expands wealth management biz

    SBI sets up team for fintech; expands wealth management biz  

    SBI already has a Rs 200-crore fund to empower startups in this space. Last year, the public sector bank had also opened a startup branch, InCube, in Bengaluru.

    01 Mar 2017, 7.13 pm  |  Source: Moneycontrol.com

  • DLF-GIC a done deal, cash likely to come in by Q2FY18: DLF`s CFO

    DLF-GIC a done deal, cash likely to come in by Q2FY18: DLF's CFO   

    One of the largest realty developer DLF has entered into an exclusive pact with the private equity firm GIC. The documentation work for the deal will take 2-3 months, said Ashok Tyagi, DLF’s Chief Financial Officer.

    01 Mar 2017, 7.04 pm  |  Source: CNBC-TV18

  • No decision yet on buying Panacea Biotec: Narayana Hrudayalaya

    No decision yet on buying Panacea Biotec: Narayana Hrudayalaya  

    Healthcare services provider Narayana Hrudayalaya Limited today clarified it has not taken any decision on buying Panacea Biotec's Gurgaon Hospital.

    01 Mar 2017, 6.14 pm  |  Source: PTI

  • Steel Ministry asks its PSUs to share resources, interact more

    Steel Ministry asks its PSUs to share resources, interact more  

    "I was surprised to see that the top management of these PSUs rarely interacted with the other PSUs. There are areas like storage space for material where under-utilisation can be overcome if they share resources," the Steel Minis...

    01 Mar 2017, 6.14 pm  |  Source: PTI

  • JSW Steel makes offer to buy controlling stake in Monnet Ispat

    JSW Steel makes offer to buy controlling stake in Monnet Ispat  

    A source privy to the development said, "JSW Steel has put in final bid and the bankers are considering the offer submitted by JSW Steel. It is the only company which submitted the final bid."

    01 Mar 2017, 6.14 pm  |  Source: PTI

  • Parryware to supply bathroom products for Patanjali projects

    Parryware to supply bathroom products for Patanjali projects  

    Bathroom products maker Parryware today said it has formed an association with Patanjali Ayurved under which the company would be supplying its faucets and sanitaryware products for the latter's projects across India.

    01 Mar 2017, 6.14 pm  |  Source: PTI

  • Lupin launches cream in US to treat skin inflammation

    Lupin launches cream in US to treat skin inflammation  

    Drug firm Lupin has launched in the American market its Clobetasol Propionate topical solution used for providing relief in various skin conditions of the scalp.

    01 Mar 2017, 6.14 pm  |  Source: PTI

  • SAIL`s Feb export best-ever monthly volume in 10 years

    SAIL's Feb export best-ever monthly volume in 10 years  

    SAIL today said it exported 1.03 lakh tonnes of steel in February, its best ever monthly export figure in the last 10 years.

    01 Mar 2017, 6.14 pm  |  Source: PTI

  • Passenger vehicles push up Tata Motors Feb sales 2%; CV down 1%

    Passenger vehicles push up Tata Motors Feb sales 2%; CV down 1%  

    "Domestic sales of Tata commercial and passenger vehicles for February 2017 were at 42,679 numbers, higher by 3 percent, over 41,532 numbers in February 2016," it said in its filing.

    01 Mar 2017, 5.37 pm  |  Source: Moneycontrol.com

  • Jindal Stainless gets licence to produce high nitrogen steel

    Jindal Stainless gets licence to produce high nitrogen steel  

    Calling it a major initiative, DRDO chairman Dr S Christopher said production of HNS in India will significantly help the country's ambitious defence indigenisation programme and also complement the 'Make in India' initiative.

    01 Mar 2017, 5.16 pm  |  Source: PTI

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