The deal, if it goes through, will be an investment-based deal than an all cash payout deal, says Rakesh Arora of Macquarie Capital Securities.
11 Apr 2016, 3.15 pm | Source: CNBC-TV18
The company will continue to build various applications for the money transfer software, said Rajnit Jain, CMD of RS Software, adding that there are several more features in the works.
11 Apr 2016, 1.14 pm | Source: CNBC-TV18
The revenue growth rate has shown recovery in the fourth quarter of FY16 and the company is confident of delivering 20-25 percent revenue growth in FY17, says Reema Tendulkar of CNBC-TV18.
11 Apr 2016, 1.02 pm | Source: CNBC-TV18
It might take 12-18 months for the new interface to be ubiquitous, says Shikha Sharma, MD & CEO of Axis Bank, adding, the real challenge for UPI is a good dispute resolution mechanism, which the National Payments Corporation of In...
11 Apr 2016, 12.36 pm | Source: CNBC-TV18
The software company denies having issued shares to the distributor and filed an FIR leading to his arrest. The company informed the stock exchanges citing 'forgery' and 'criminal intimidation' by the distributor.
11 Apr 2016, 12.34 pm | Source: CNBC-TV18
The expected revenue from the snow park will be around Rs 15-18 crore, and it will contribute about 25 percent to the total business, says Kapil Bagla, CEO of Adlabs Entertainment.
11 Apr 2016, 11.18 am | Source: CNBC-TV18
With declining interest rates, overall volumes in the realty sector will increase, making the second half of the year better for the sector, says JC Sharma, VC and MD of Sobha Developers Limited.
11 Apr 2016, 10.11 am | Source: CNBC-TV18
The company touched 98 percent capacity utilisation levels in March aided by various irrigation and concrete road projects undertaken by the government in Telangana, says K Ravi, MD of NCL Industries
11 Apr 2016, 9.37 am | Source: CNBC-TV18
The fifty-one-year-old hotel to shut for restoration. Here is a glimpse of a day spent in the Oberoi Hotel's last day with ace hotelier PRS Oberoi.
08 Apr 2016, 10.27 pm | Source: CNBC-TV18
While Stephen Kinnock remained hopeful that a reliable buyer for Tata Steel's UK assets will come along, he didn't think the UK government had done a decent enough job in trying to lift the steel business.
08 Apr 2016, 10.17 pm | Source: CNBC-TV18
Anil Bhalla, MD, Oswal Greentech in an interview to CNBC-TV18 said Aruna Oswal was a capable person to run the company and Abhey also wanted his wife to succeed him at the company and she was his nominee.
08 Apr 2016, 10.09 pm | Source: CNBC-TV18
In an interview with CNBC-TV18, AS Mehta, President, JK Paper, discussed the company's business climate and the outlook going forward. The company's shares have increased 36 percent in the past one year.
08 Apr 2016, 2.34 pm | Source: CNBC-TV18
Vardhman Textiles was in talks to acquire spinning assets of Alok Industries worth Rs 24,000 crore but no further communication has taken place between the management of both the companies, confirms Sachit Jain, MD of the company....
08 Apr 2016, 2.17 pm | Source: CNBC-TV18
In an interview with CNBC-TV18, Gallant Ispat CEO Mayank Agrawal explained the rationale behind the decision.
08 Apr 2016, 2.15 pm | Source: CNBC-TV18
Most of the company's projects are in re-development segment, says Anoop Kumar Mittal, CMD of NBCC. The company won orders worth Rs 18,000 crore orders in FY16.
08 Apr 2016, 1.19 pm | Source: CNBC-TV18
The stress in corporate system will disappear as the economy picks up, says Ravi Venkatesan, Chairman, Bank of Baroda.
08 Apr 2016, 12.48 pm | Source: CNBC-TV18
India is a low penetration market, but a highly seasonal one, hence, an uptick in AC & refrigerator sales is expected for the ongoing quarter, says Sunil D'Souza, Managing Director of Whirlpool India.
08 Apr 2016, 12.22 pm | Source: CNBC-TV18
BHEL declared its FY16 provisional earnings yesterday that showed that strong order inflows -- at Rs 43,727 crore versus Rs 30,814 crore year-on-year.
08 Apr 2016, 10.22 am | Source: CNBC-TV18
Biyani’s views were echoed by several other members of the Retailers Association of India at a press conference on Thursday to discuss the e-commerce model.
07 Apr 2016, 10.10 pm | Source: CNBC-TV18
As the confusion over pictorial warning to be displayed on cigarette packs continues, beedi manufacturers have shut shop beginning April and the industry is likely to have suffered losses of Rs 200 crore so far, says Arjun Khanna,...
07 Apr 2016, 9.01 pm | Source: CNBC-TV18
The company's first Android phone was priced too high but there is clearly a future for the company in the phones business, says John Chen, the global CEO of BlackBerry in an exclusive interview with CNBC-TV18's Shereen Bhan.
07 Apr 2016, 6.02 pm | Source: CNBC-TV18
S Meenakshisundaram, CFO, Sundram Fasteners, says the company has divested stake in its German subsidiary entirely.
07 Apr 2016, 5.26 pm | Source: CNBC-TV18
The idea would be to convert the loss-making units into a secondary steel producer from a primary steel producer, said Sanjeev Gupta, Managing Director of metals group Liberty House
07 Apr 2016, 4.07 pm | Source: CNBC-TV18
The addition to the business will help the revenue rise by Rs 250-300 crore in FY17, says K Jalandhar Reddy, Executive Director of KNR Construction.
07 Apr 2016, 3.37 pm | Source: CNBC-TV18
Gujarat State Fertilizers & Chemicals will be concentrating on countries where infrastructure is happening on a large scale, says VD Nanavaty, Senior VP-Finance & CFO of the company.
07 Apr 2016, 2.19 pm | Source: CNBC-TV18
Speaking to CNBC-TV18, Sushil Maroo said that the power sector expects a more benevolent approach financial institutions and the RBI as the industry is going through a rough patch where completion of projects has delayed and deman...
07 Apr 2016, 1.11 pm | Source: CNBC-TV18
The company gets approval from J&K State Pollution Control Board to handle the hazardous waste for pesticide formulation, doubled to 11,800 million tonne per annum (MTpa), says MK Dhanuka, Managing Director of Dhanuka Agritech.
07 Apr 2016, 1.00 pm | Source: CNBC-TV18
Contrary to the market's perception of an APTEL order that is said to have struck down compensatory tariff for Tata Power and Adani Power, Anil Sardana, MD of the former says the market has got it wrong and termed the order a "vin...
07 Apr 2016, 12.51 pm | Source: CNBC-TV18
Diamond Power expects to clock revenue of Rs 2800 crore and hopes a net-profit Rs 80 crore in the fiscal year 2017, Amit Bhatnagar MD of the company told CNBC-TV18 in an interview today.
07 Apr 2016, 11.43 am | Source: CNBC-TV18
A management rejig in the company led to a delay in processing open offer, however, the SEBI has now cleared process and very soon shareholders can avail the offer, says Arup Thakur, CFO of Pincon Spirit.
07 Apr 2016, 11.40 am | Source: CNBC-TV18