Keeping in view that there is a need for data infrastructure in the country and it will have to be built, we expect Sterlite Tech to be one of the beneficiaries of the government's broadband rollout, said Anand Agarwal, Chief Exec...
07 Oct 2016, 10.47 am | Source: CNBC-TV18
RBI’s guidelines on small finance and payments banks announced Thursday are in line with draft norms issued a few months back, says HKN Raghavan, Head - Consumer Banking at Equitas in an interview to CNBC-TV18.
07 Oct 2016, 10.39 am | Source: CNBC-TV18
India's telecom spectrum auction closed Thursday with the government raising about Rs 65,700 crore. Naveen Kulkarni of PhillipCapital. He said that the brokerage has a buy call on both Bharti Airtel and Idea Cellular. While Idea's...
07 Oct 2016, 10.14 am | Source: CNBC-TV18
Nitin Soni of Fitch Ratings says Vodafone seems to have had the best deal in the auction. It managed to fill up gaps in its 4G basket with limited strain on balance sheet due to a recent equity infusion.
07 Oct 2016, 9.05 am | Source: CNBC-TV18
In an interview with CNBC-TV18's Kevin Lee, Visa Group Country Manager TR Ramachandran said that India can reduce its cost of cash to 1.3 percent of GDP by 2025 from the current 1.7 percent and save around Rs 4.7 lakh crore by shi...
06 Oct 2016, 10.41 pm | Source: CNBC-TV18
Intas is looking at more acquisitions in US and Europe to strengthen its three main areas of operations - oral solid tablet, oncology, and differentiated patent products, the company's MD Binish Chudgar said.
06 Oct 2016, 10.12 pm | Source: CNBC-TV18
The five-day spectrum auction has concluded with government minting close to Rs 65,789 crore lower than the expectation of Rs 1 lakh crore. The premium spectrum - 700 and 900 MHz - did not find any bidders due to expensive base pr...
06 Oct 2016, 9.11 pm | Source: CNBC-TV18
Speaking to CNBC-TV18 Rajnish Kumar, MD, SBI said that through this arrangement it is expecting a last mile connectivity. “Their (Rel Jio) distribution network is huge,” he said, adding that there are certain limitations of a ...
06 Oct 2016, 5.38 pm | Source: CNBC-TV18
Orient Cement is set to acquire 74 percent in Bhilai Cement from JP Associates. The enterprise value is Rs 1450 crore and it works out to USD 110 a tonne.
06 Oct 2016, 5.18 pm | Source: CNBC-TV18
"We intend to invest something like Rs 1,000 crore in Maharashtra over a period of next five years", Pankaj Poddar, CEO of Cosmo Films told CNBC-TV18.
06 Oct 2016, 3.16 pm | Source: CNBC-TV18
In an interview with CNBC-TV18, Vinod Dasari, MD, Ashok Leyland and President of auto body SIAM, talked about the sales outlook ahead of the festive season and business in general.
06 Oct 2016, 2.00 pm | Source: CNBC-TV18
The JV was to tap the gas insulator substations market, which only a few companies in India manufacture, said TRIL Chairman Jitendra Mamtora.
06 Oct 2016, 1.29 pm | Source: CNBC-TV18
Siddharth Purohit, Angel Broking prefers Axis Bank over other large private banks. He expects around 20 percent loan growth for Axis Bank in the third quarter of FY17. He also sees no incremental worsening with respect to asset qu...
06 Oct 2016, 1.08 pm | Source: CNBC-TV18
Dismissing reports about NBCC planning to set up a non-banking finance company (NBFC), NBCC Chairman Anoop Kumar Mittal said that there is no proposal to launch an NBFC. He stressed that NBCC is a construction company and we inves...
06 Oct 2016, 12.53 pm | Source: CNBC-TV18
While it is reasonable to expect India will see high economic growth, private sector investments may take some time to kick in, says Mahindra & Mahindra’s Executive Director Pawan Goenka.
06 Oct 2016, 12.33 pm | Source: CNBC-TV18
In an interview with CNBC-TV18, VIP Industries Chairman Dilip G Piramal talked about his outlook on the festive season and business in general.
06 Oct 2016, 11.59 am | Source: CNBC-TV18
The medium-term outlook for margins is good with rubber prices expected to go down further and reasonably strong demand, said Vivek Kamra, President, JK Tyre.
06 Oct 2016, 11.36 am | Source: CNBC-TV18
Container Corporation of India's (Concor's) new chief V Kalyana Rama who took over as the company's Chairman and Managing Director earlier this week said that company hopes maintain volume growth guidance of 7.5 percent in FY17.
06 Oct 2016, 11.22 am | Source: CNBC-TV18
Speaking to CNBC-TV18 about the deal Reliance Group Director Lalit Jalan said the sale is in line with the company’s strategy to exit non-core assets.
06 Oct 2016, 11.22 am | Source: CNBC-TV18
Speaking to CNBC-TV18 on the sidelines of The India Economic Summit, Agarwal said that Vedanta is looking to expand its Rajasthan refinery and has lined up an investment of Rs 30,000 crore. He added that newly discovered natural g...
06 Oct 2016, 11.04 am | Source: CNBC-TV18
Interest rate cut coupled with good monsoon should translate into healthy demand and investments, says Nestle India CMD, Suresh Narayanan. Certainly fast moving consumer goods should benefit too, he says.
06 Oct 2016, 10.33 am | Source: CNBC-TV18
Going forward there is an expectation of prices firming up with an increase in demand but as of now, there has been no price increase, said Kamal Baheti, CFO, McLeod Russel.
06 Oct 2016, 9.21 am | Source: CNBC-TV18
In an interview with CNBC-TV18, Amazon India Chief, Amit Agarwal said that customers ordered more than 15 million items on the website during the sale, which finishes today.
05 Oct 2016, 10.22 pm | Source: CNBC-TV18
Fairly steady rise is visible in manufacturing across sectors as well as underlying demand is improving now, believes Baba Kalyani of Bharat Forge. Make in India, he says, is India’s most valuable brand.
05 Oct 2016, 4.35 pm | Source: CNBC-TV18
After losing out to France's Rafale, Swedish aerospace and defence giant 'Saab' is hoping to sell its Grippen fighter jets to the Indian Air Force. Speaking to CNBC-TV18, Saab India head, Jan Wilderstrom, said that Saab is not jus...
05 Oct 2016, 4.25 pm | Source: CNBC-TV18
Have robust expansion plans and would have 26 oncology centers by end of FY18 from the current 17 centers, said BS Ajaikumar, Chairman and CEO, Healthcare Global Enterprises.
05 Oct 2016, 4.05 pm | Source: CNBC-TV18
The investment situation is stagnant, Mahesh Vyas, MD & CEO of CMIE told CNBC-TV18. The number of implementation projects getting stalled has been falling. Stalling of projects have declined by 73 percent year-on-year in September...
05 Oct 2016, 3.13 pm | Source: CNBC-TV18
But along with that the employment growth rates have started to dip, NV 'Tiger' Tyagarajan says. The percentage addition of employees in India will not be same as past. And due to advancements, a workforce with higher skill sets i...
05 Oct 2016, 1.39 pm | Source: CNBC-TV18
The company is looking at expanding its Visakhapatnam Refinery from 8.33 million tonnes (mt) to 15 mt with a cost of Rs 20,900 crore, said Chairman and Managing Director MK Surana of HPCL.
05 Oct 2016, 1.36 pm | Source: CNBC-TV18
L&T Finance Holdings is focusing on improving its return on equity (RoE) to around 18-19 percent by the year 2020 from around 10 percent reported in FY16.
05 Oct 2016, 12.36 pm | Source: CNBC-TV18