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  • Confident of adding 15-16 pumps by end-FY17: Mahanagar Gas

    Confident of adding 15-16 pumps by end-FY17: Mahanagar Gas   

    SM Ranade, CFO of Mahanagar Gas is also confident of margins remaining steady going forward.

    20 Feb 2017, 11.29 am  |  Source: CNBC-TV18

  • IOC chief hints at merger with Chennai Petro, no timeline yet

    IOC chief hints at merger with Chennai Petro, no timeline yet   

    At a time when there is proposal for consolidation of oil companies from the Finance Minister, oil major IOC has plans to merge its subsidiary Chennai Petroleum Corporation Ltd with the the company.

    20 Feb 2017, 11.16 am  |  Source: CNBC-TV18

  • Dahej plant volumes to rise to 20 MT in FY18: Petronet LNG

    Dahej plant volumes to rise to 20 MT in FY18: Petronet LNG   

    The Q3 earnings of the company came in line with estimates with volumes being a big positive. But the profit after tax fell by 13.5 percent quarter-on-quarter due to a lower effective tax rate.

    20 Feb 2017, 11.06 am  |  Source: CNBC-TV18

  • Virat Kohli sizzles off the pitch with Rs 110-crore Puma deal

    Virat Kohli sizzles off the pitch with Rs 110-crore Puma deal  

    Virat Kohli isn’t just topping the charts on the 22-yard strip, he’s ruling the roost on endorsements pitch as well. The Indian cricket skipper has bagged a Rs 100-crore-plus deal with sports brand Puma.

    20 Feb 2017, 10.57 am  |  Source: Moneycontrol.com

  • Lloyd acquisition to be EPS-accretive from FY19: Havells` Chief

    Lloyd acquisition to be EPS-accretive from FY19: Havells' Chief   

    The acquisition of Lloyd Electric will be neutral on the earnings per share of Havells India's in FY18 and EPS-accretive thereafter, says Havells' CMD Anil Raj Gupta.

    20 Feb 2017, 10.34 am  |  Source: CNBC-TV18

  • TCS buyback on Board agenda today. Here is what to expect

    TCS buyback on Board agenda today. Here is what to expect   

    The company's networth stands at USD 12.4 billion. According to buy back rules, if TCS wants to avoid a shareholder nod, it can opt for a 10 percent buyback of shares which would be arounf USD 1.24 billion. With a shareholder appr...

    20 Feb 2017, 10.04 am  |  Source: CNBC-TV18

  • Smart traders sniffed out RBI alert on HDFC Bank; made a killing

    Smart traders sniffed out RBI alert on HDFC Bank; made a killing  

    Interestingly, the stock started firming up after the announcement and climbed to Rs 1382 over the next half an hour. Brokers attributed this rise to short covering of positions. Most likely, informed traders who had sold just bef...

    20 Feb 2017, 9.53 am  |  Source: Moneycontrol.com

  • Jio effect: Tata Tele mulls merger with RCom-Aircel-MTS combine

    Jio effect: Tata Tele mulls merger with RCom-Aircel-MTS combine  

    Tata Teleservices is reportedly in talks with RCom-Aircel and MTS combined entity, for a merger to counter the rising competitive pressure triggered by the launch of Reliance Jio Infocomm, reports The Economic Times today.

    20 Feb 2017, 9.45 am  |  Source: Moneycontrol.com

  • LIC stalls listing of UTI AMC

    LIC stalls listing of UTI AMC  

    Despite receiving a nod for a broad-based listing two weeks ago from its public sector bank stakeholders, namely State Bank of India, Punjab National Bank and Bank of Baroda, UTI AMC will not get listed until its fourth major PSU ...

    20 Feb 2017, 9.31 am  |  Source: Moneycontrol.com

  • Paytm lines up Rs 600 crore for QR code payments solution

    Paytm lines up Rs 600 crore for QR code payments solution  

    In a bid to further capitalise on the gains made due to demonetisation, Vijay Shekhar Sharma-led Paytm plans to invest Rs 600 crore in the next 10 months to develop a QR code-based payments solution.

    20 Feb 2017, 9.13 am  |  Source: Moneycontrol.com

  • Colorbar Cosmetics eyes Rs 500 cr turnover by next fiscal

    Colorbar Cosmetics eyes Rs 500 cr turnover by next fiscal  

    The company, which is aiming to become a global brand by 2018-19, plans to invest Rs 150 crore in the next five years to open new standalone stores and re-brand and repackage its products for global markets.

    20 Feb 2017, 9.00 am  |  Source: PTI

  • Coal imports decline by 22% to 14 MT in January

    Coal imports decline by 22% to 14 MT in January  

    Coal import (all type of coals) in January 2017 stood at 14.31 million tonnes (MT) (provisional) against 18.28 MT in January 2016, mjunction services, an online procurement and sales platform floated jointly by SAIL and Tata Steel...

    20 Feb 2017, 8.58 am  |  Source: PTI

  • NTPC scouts for partners to set up cement plants

    NTPC scouts for partners to set up cement plants  

    Firms can submit their expression of interest to set up cement plant, cement clinker griding unit, cement blending unit or allied products manufacturing unit in or adjacent to NTPC power plants on 'build, own and operate' or joint...

    20 Feb 2017, 8.58 am  |  Source: PTI

  • Majority of consumers willing to adopt mobile payments: Report

    Majority of consumers willing to adopt mobile payments: Report  

    Consumers also believe that relying on mobile payments could be a time-saver, according to the 'Visa Mobile Payments Readiness Survey'.

    20 Feb 2017, 8.58 am  |  Source: PTI

  • `Retailers can see 15-20% higher sales by digitising core biz`

    'Retailers can see 15-20% higher sales by digitising core biz'  

    "Do not treat digital as an 'add-on'. It should be central to the CEO's agenda," the joint report on 'Decoding digital opportunity in Retail' by Retailers Association of India and Boston Consulting Group said.

    20 Feb 2017, 8.58 am  |  Source: PTI

  • 8minutes Future Energy aims Rs 250 cr revenue in 2017

    8minutes Future Energy aims Rs 250 cr revenue in 2017  

    8minutes is also looking to raise funds worth USD 10- 15 million from Private Equity (PE) investors to drive growth in the solar rooftop segment.

    20 Feb 2017, 8.58 am  |  Source: PTI

  • Max Fashion aims 5,000 cr turnover in 4 years

    Max Fashion aims 5,000 cr turnover in 4 years  

    Max Fashion will invest around Rs 400 crore over the next four years to open new stores in tier I and II cities.

    20 Feb 2017, 8.58 am  |  Source: PTI

  • SBI merger may be delayed as banks yet to seek CCI approval

    SBI merger may be delayed as banks yet to seek CCI approval  

    The merger of State Bank of India and its associate banks such as State bank of Travancore is likely to be delayed further as the PSUs are yet to receive approval from the Competition Commission of India (CCI).

    20 Feb 2017, 8.48 am  |  Source: Moneycontrol.com

  • With new City, Honda hopes to shift gears to upper segment

    With new City, Honda hopes to shift gears to upper segment  

    The company has a reason to be optimistic as the fourth-generation City, launched only last week, has already notched up over 5,500 bookings as of Friday.

    20 Feb 2017, 8.32 am  |  Source: PTI

  • Spice Digital ties up with MoMagic for mobile ad analytics

    Spice Digital ties up with MoMagic for mobile ad analytics  

    "The potency of the app market is enormous. Undoubtedly, for higher growth rates it is necessary to address the challenges app marketers and developers face..AdGyde Solutions will monitor analytical data of the App users and provi...

    20 Feb 2017, 8.32 am  |  Source: PTI

  • Fabindia removing `Khadi` brand name from its products

    Fabindia removing 'Khadi' brand name from its products  

    Khadi & Village Industries Commission (KVIC) had sent a legal notice to Fabindia Overseas Pvt Ltd, a chain of ethnic wear retail outlet, asking it to immediately stop using the word Khadi from all its cotton products and remove di...

    20 Feb 2017, 8.12 am  |  Source: PTI

  • Vodafone, Idea likely to seal merger pact within a month

    Vodafone, Idea likely to seal merger pact within a month  

    UK's Vodafone and Aditya Birla group firm Idea Cellular are likely to finalise within a month the mega merger deal that will create India's largest telecom firm, according to sources.

    19 Feb 2017, 5.42 pm  |  Source: PTI

  • Vedanta to invest $10 bn on expanding business

    Vedanta to invest $10 bn on expanding business  

    Metals and mining conglomerate Vedanta will invest USD 10 billion in 3-4 years on expanding business across verticals, company's Chairman Anil Agarwal said.

    19 Feb 2017, 4.32 pm  |  Source: PTI

  • HSBC, UBS stop issuing P-Notes as India steps up clampdown

    HSBC, UBS stop issuing P-Notes as India steps up clampdown  

    A number of foreign investors including HSBC and UBS have stopped issuing controversy-ridden P-Notes as regulatory and enforcement agencies step up their clampdown on misuse of this once-popular instrument among foreigners to ...

    19 Feb 2017, 3.10 pm  |  Source: PTI

  • Tech Mahindra sees bigger business from Vodafone-Idea merger

    Tech Mahindra sees bigger business from Vodafone-Idea merger  

    Tech Mahindra sees the proposed merger of Vodafone and Idea as a "seismic" event that will impact the IT sector, but asserted that it will benefit from such a deal.

    19 Feb 2017, 3.10 pm  |  Source: PTI

  • Steel production likely to remain higher in 2017-18: Report

    Steel production likely to remain higher in 2017-18: Report  

    The country's steel production and consumption is likely to remain higher in 2017-18 from 89.79 MT of crude steel during 2015-16 backed by an increase in infrastructure allocation in the Budget, a report said.

    19 Feb 2017, 2.22 pm  |  Source: PTI

  • Havells to buy Lloyds consumer durables biz for Rs 1600 cr

    Havells to buy Lloyds consumer durables biz for Rs 1600 cr  

    Havells India today announced the acquisition of consumer durables business of the Lloyds group at an enterprise value of Rs 1,600 crores on a slump sale basis. Havells plans to finance the debt-free, cash-free deal through a mix ...

    19 Feb 2017, 2.09 pm  |  Source: Moneycontrol.com

  • Niti Aayog reviews progress on Mumbai-Ahmedabad bullet train

    Niti Aayog reviews progress on Mumbai-Ahmedabad bullet train  

    The Niti Aayog has reviewed progress of the Mumbai-Ahmedabad High Speed Rail project for which the ground breaking ceremony will take place during the visit of Japanese Prime Minister Shinzo Abe later this year.

    19 Feb 2017, 1.44 pm  |  Source: PTI

  • Mahindra plans to launch petrol XUV500 in Q1 FY18

    Mahindra plans to launch petrol XUV500 in Q1 FY18  

    Mahindra & Mahindra plans to launch a petrol variant of its flagship SUV XUV500 in the first quarter of next fiscal in the wake of customer preference shifting away from diesel vehicles in the segment.

    19 Feb 2017, 1.44 pm  |  Source: PTI

  • MapmyIndia aims 5-fold jump in revenue to Rs 1,000 cr by 2023

    MapmyIndia aims 5-fold jump in revenue to Rs 1,000 cr by 2023  

    Digital map firm MapmyIndia expects a 5-fold increase in revenue to Rs 1,000 crore with the introduction of home level navigation in its maps and from expansion of business overseas over the next five years.

    19 Feb 2017, 1.44 pm  |  Source: PTI

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