Prakash Diwan, Market Expert, said this is a significant sweetener of sorts. Cairn India shares have had some stellar performance but there is nothing great about Vedanta currently, he said.
22 Jul 2016, 9.22 pm | Source: CNBC-TV18
Speaking to CNBC-TV18 Tom Albanese, CEO of Vedanta, said that the merger is a balanced one. Both Vedanta's minority shareholders and Cairn India's majority shareholders were on the same page. He believes that the merger will lead ...
22 Jul 2016, 9.05 pm | Source: CNBC-TV18
Speaking to CNBC-TV18, Anil Agarwal, Chairman of Vedanta Resources said that shareholders will meet in a month's time for the merger proceedings.
22 Jul 2016, 6.32 pm | Source: CNBC-TV18
Speaking to CNBC-TV18, Sanjiv Goenka, Chairman of CESC confirmed that the company is close to signing a deal for 150 MW with a private distribution company. It will take the company’s capacity utilisation to 75 percent in the un...
22 Jul 2016, 4.40 pm | Source: CNBC-TV18
Keyur Shah, CEO-Precious Metals Business at Muthoot Pappachan, said the company has partnered with Kabali producers only to join the 'celebration' and Rajinikanth fans have already booked 100 kg silver coins.
22 Jul 2016, 3.40 pm | Source: CNBC-TV18
Chemfab Alkalis posted a stellar set of numbers for Q1 of FY17. In an interview to CNBC-TV18, VM Srinivasan, Chief Economic Officer of Chemfab Alkalis spoke about the results and his outlook for the company.
22 Jul 2016, 3.34 pm | Source: CNBC-TV18
Speaking to CNBC-TV18, Sanjay Sagar, Joint MD & CEO of JSW Energy, said realisations have gone down and they look subdued.
22 Jul 2016, 2.46 pm | Source: CNBC-TV18
Ashok Leyland, the second largest commercial vehicle (CV) manufacturer in India, has outpaced the industry with respect to domestic volume growth for the ninth quarter in a row. Company's overall revenues have grown by 10 percent,...
22 Jul 2016, 1.46 pm | Source: CNBC-TV18
Sanjay Bahl, Group Chief Financial Officer at Raymond, says revenue, margins and PBT grew 4 percent, 3.4 percent and 17 percent , respectively in Q1FY17, on a quarterly basis.
22 Jul 2016, 1.46 pm | Source: CNBC-TV18
Of USD 200 million capex, USD 100 million will go into four key areas- Syngene Research Centre, biologic centre, formulation center, viral testing and the rest in commercial manufacturing, says Jonathan Hunt, CEO of Syngene Intern...
22 Jul 2016, 1.13 pm | Source: CNBC-TV18
The most important news that everyone will be tracking is when we submit dossiers in Europe and US for insulin Glargine and that as we have indicated will happen this fiscal, says Kiran Mazumdar Shaw
22 Jul 2016, 12.58 pm | Source: Moneycontrol.com
In an interview with CNBC-TV18, MR Rao, MD and CEO of the company said that loan repayments have been strong, with or without monsoon and proves to be no major issue for the company.
22 Jul 2016, 11.11 am | Source: CNBC-TV18
In an interview to CNBC-TV18, Rajiv Kumar Gupta, MD of Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) said that changes in government policy led to lower revenue for fertiliser segment.
22 Jul 2016, 10.25 am | Source: CNBC-TV18
Known as the largest publisher, DB Group publishes seven newspapers and operates 'My FM' radio station in 17 cities.
22 Jul 2016, 10.11 am | Source: CNBC-TV18
Anand Rathi's channel checks indicate EIR is in place for two facilities, Waluj and Chikalthana and implies positive step towards resolution of regulatory trends.
21 Jul 2016, 3.11 pm | Source: CNBC-TV18
The L&T subsidiary owns a 60 percent stake in the order is for the development of the second phase of Hasbah Offshore Gas field, situated off the coast of Saudi Arabia, which is to be completed over the next 36-40 months, Subraman...
21 Jul 2016, 1.58 pm | Source: CNBC-TV18
Speaking to CNBC-TV18, Sabu Jacob, CMD of Kitex said that the company expects a 20 percent revenue growth in FY17 and huge business from its new client, Sams Club - a Walmart subsidiary.
21 Jul 2016, 11.49 am | Source: CNBC-TV18
Hindustan Zinc will focus on increasing recoveries from silver as well as Zinc mines, says Sunil Duggal, CEO and Wholetime Director of the company.
21 Jul 2016, 11.48 am | Source: CNBC-TV18
Production of Ecolife, 100 percent electric bus, will start in Q4FY17 in India, says Nishant Arya, Executive Director, JBM Group.
21 Jul 2016, 10.47 am | Source: CNBC-TV18
Company is hopeful of a reasonable growth in the second half of FY17 on account of growth investments and new offerings, says Kishore Patil, Managing Director, KPIT Tech.
21 Jul 2016, 10.12 am | Source: CNBC-TV18
The Cabinet Committee on Economic Affairs (CCEA) has approved Neyveli Lignite Corporation's (NLC) proposal to set up a 1,980 megawatt (MW) thermal power plant in Uttar Pradesh (UP), Chairman SK Acharya told CNBC-TV18.
21 Jul 2016, 9.50 am | Source: CNBC-TV18
Hindustan Petroleum Corporation Ltd has informed exchanges that the board has recommended increase in the company's share capital to Rs 2,500 crore and issue of fully-paid bonus shares in the ratio of two for every one held.
21 Jul 2016, 9.00 am | Source: CNBC-TV18
As per a survey by Grant Thornton India in association with Prime Database, 82 percent of companies in India are yet to start planning or only have an informal plan agreed with the board of directors to meet the requirement of man...
20 Jul 2016, 10.35 pm | Source: CNBC-TV18
While Walmart's ongoing deliberation on introducing private labels might be a genuine compromise on its global multi-brand business model, from a regulatory standpoint it could provide them entry in the market.
20 Jul 2016, 10.13 pm | Source: CNBC-TV18
Reacting to the news Nirmal Jain, Chairman of IIFL, said that the non-banking finance arm constitutes 70 percent of the business. "The NBFC is a wholly-owned subsidiary where the focus in on home loans," Jain said, adding that it ...
20 Jul 2016, 6.39 pm | Source: CNBC-TV18
Debt was higher last year on account of investments made in a 12-MW co-generation plants and higher interest rates, says B Sriramulu, Managing Director, KG Denim.
20 Jul 2016, 6.09 pm | Source: CNBC-TV18
ITI Reinsurance, a subsidiary of Fortune Financial Services, may get IRDA nod by September. It will start with Rs 500 crore initial cap, learns CNBC-TV18.
20 Jul 2016, 3.44 pm | Source: CNBC-TV18
Kapil Wadhawan, CMD of DHFL tells CNBC-TV18 that the earnings momentum witnessed in Q1 would continue for the next couple of quarters.
20 Jul 2016, 3.42 pm | Source: CNBC-TV18
In an interview with CNBC-TV18, Yashovardhan Saboo said that online sales contribute around 27 percent to the total sales and 40 percent of sales come from watches priced above Rs 2 lakh.
20 Jul 2016, 2.41 pm | Source: CNBC-TV18
In an interview to CNBC-TV18, Neeru Sharma, Director, Infibeam, talked about the deal and its prospects.
20 Jul 2016, 12.23 pm | Source: CNBC-TV18