News

Trade deficit can settle much lower to $17bn: Deutsche Bank   

14 May 2013, 4.04 pm  |  Source: CNBC-TV18

Trade deficit is an economic measure of a negative balance of trade in which a country's imports exceeds its exports. It represents an outflow of dome...

See strong ethanol demand in global markets: Praj Ind   

14 May 2013, 3.38 pm  |  Source: CNBC-TV18

Praj Industries which reported 17 percent lower sales in fourth quarter expects ethanol demand to remain under pressure in domestic market, but expect...

Reviving investment, liquidity management key: Pronab Sen   

14 May 2013, 3.12 pm  |  Source: CNBC-TV18

Sen says despite the respite coming in terms of inflation data, liquidity management is the key to Indian economy....

Buyback offer strong confidence signal by mgmt: Aptech   

14 May 2013, 2.44 pm  |  Source: CNBC-TV18

Aptech provides a wide variety of software courses. It is one of the best Computer education institute in India. It announced its fourth quarter net p...

IVRCL bags orders worth Rs 639 crore   

14 May 2013, 2.39 pm  |  Source: PTI

IVRCL Ltd has bagged order worth Rs 445.54 cr for its Transportation Division and Rs 183.61 cr for its Building Division....

See a stable, profitable phase for TV18 hereon: Sai Kumar   

14 May 2013, 2.14 pm  |  Source: CNBC-TV18

TV18 has plans for channels catering specifically to the Gujarati community, with the launch contingent on the roll out of DAS in Gujarat....

April WPI inflation has moved to comfort zone: Rangarajan   

14 May 2013, 1.35 pm  |  Source: CNBC-TV18

Rangarajan believes that decline in both WPI and CPI inflation in April indicates that inflation is moving towards comfort zone, however he raised con...

Targeting 15-20% revenue growth in FY14: 3i Infotech   

14 May 2013, 1.20 pm  |  Source: CNBC-TV18

3i Infotech is bullish about its performance going ahead. It may also sell some non-core divisions to repay debt....

Air India to resume 787 Dreamliner flights from Wednesday  

14 May 2013, 12.38 pm  |  Source: Reuters

Alomst after being grounded for four months on safety concerns, Air India will start a Dreamliner domestic flight on Wednesday and international fligh...

April WPI inflation at 4.89%, lowest level since Nov '09  

14 May 2013, 12.19 pm  |  Source: Moneycontrol.com

The April wholesale price index (WPI) number of 4.89 percent is way below the CNBC-TV18 poll, which had expected wholesale prices to have risen an ann...

Jaguar Land Rover sales rise 12% in April at 28,503 units  

14 May 2013, 12.16 pm  |  Source: Moneycontrol.com

British luxury car and SUV maker Jaguar Land Rover's sales last month rose 12 percent to 28,503 units. Jaguar sold 4,711 units and Land Rover sales we...

Ranbaxy whistleblower Thakur richer by Rs 266cr; speaks out  

14 May 2013, 11.50 am  |  Source: Moneycontrol.com

Dinesh Thakur served as the whistleblower in this case and is the former Ranbaxy Director and Global Head, Research Information & Portfolio Management...

In midst of signing fuel pact for Butibori plant: Rel Power   

14 May 2013, 11.46 am  |  Source: CNBC-TV18

RPower is in the midst of signinig fuel supply agreement with Western Coalfield Ltd to ensure coal supply at its Butibori plant...

Suzlon gains on euro 90mn wind farm contract  

14 May 2013, 11.10 am  |  Source: Moneycontrol.com

Suzlon Energy's subsidiary REpower Systems has received a order to supply 27 wind turbines to a community wind farm in Germany. The contract is worth ...

Tata Steel shares fall on $1.6bn impairment charge  

14 May 2013, 10.53 am  |  Source: Reuters

Tata Steel said on Monday it will book a USD 1.6 billion non-cash impairment charge for the financial year that ended March 31 due to weak economic an...

GAIL to look at legal action against PNGRB on tariff model   

14 May 2013, 10.30 am  |  Source: CNBC-TV18

GAIL India may look at legal action against the Petroleum and Natural Gas Regulatory Board which fixed higher tariff for its 4-pipeline sub networks i...

Ranbaxy shrs fall on USD 500mn US lawsuits settlement  

14 May 2013, 9.31 am  |  Source: Moneycontrol.com

Ranbaxy said its US arm is pleading guilty to criminal charges related to violation of the Food, Drugs and Cosmetics Act and the company. owned by Jap...

Reliance Power to generate 2,640 MW more at Sasan plant  

14 May 2013, 9.00 am  |  Source: Reuters

J P Chalasani said, Reliance Power will generate 2640 MW additional power at its Sasan Plant....

RBI bought net $820 million in spot FX market in March  

14 May 2013, 8.52 am  |  Source: Reuters

In the spot foreign exchange market the Reserve Bank of India was a net buyer of USD 820 million in March....

MERC accepts Rel Infra's cross subsidy petition.  

13 May 2013, 10.36 pm  |  Source: CNBC-TV18

Customers who have switched over from Reliance Power to Tata Power will have to shell out more money, sources told CNBC-TV18...

Ranbaxy to pay USD 500 million in US lawsuit settlement  

13 May 2013, 10.31 pm  |  Source: Reuters

Drugmaker Ranbaxy Laboratories Ltd pleaded guilty on Monday to felony charges related to drug safety and will pay USD 500 million in civil and crimina...

TAM clears the air, sets clear guidelines   

13 May 2013, 9.52 pm  |  Source: CNBC-TV18

At any given time, you would see a flurry of ads issued by different TV channels all claiming to be No 1 at the same time. Now ratings agency TAM says...

Tata Steel hit by $1.6-bn impairment on weak EU economy   

13 May 2013, 9.50 pm  |  Source: CNBC-TV18

CNBC-TV18's Kritika Saxena reports that Tata Steel has been hit by an impairment of USD 1.6 billion on its FY13 balance-sheet on the back of a weak ec...

India's cheap food plans to cost more than budgeted  

13 May 2013, 9.03 pm  |  Source: Reuters

India's plan to give millions more people cheap food will cost more than its forecast of Rs 1.3 trillion (USD 23.8 billion) a year and will accelerate...

America's growing aviation cluster adds Mod Center  

13 May 2013, 7.31 pm  |  Source: Business Wire India

Melbourne International Airport, a dynamic and rapidly growing aviation and aerospace manufacturing hub on Florida's Space Coast, added another star t...

Lenders optimistic on recovery from Winsome Diamonds   

13 May 2013, 7.28 pm  |  Source: CNBC-TV18

After rating agencies downgraded the Rs 4000 crore Winsome Diamonds, lenders say payments could be delayed, but they are confident of recovering dues ...

Tulip Tele to save interest payment of Rs 250 cr post CDR   

13 May 2013, 7.25 pm  |  Source: CNBC-TV18

Tulip Telecom hopes tosave Rs 250 crore worth of interest post restructuring of debt and hopes to soon reach a settlement with FCCB holders. ...

Indigo: Small cities, big plans  

13 May 2013, 6.23 pm  |  Source: CNBC-TV18

Top government sources have told CNBC-TV18 that the country’s largest airline by market share, Indigo, is in an advanced stage of setting up a subsi...

Lincor launches mobile solution for patient engagement  

13 May 2013, 5.28 pm  |  Source: Business Wire India

Lincor announces the latest addition to the MEDIVista product suite – MEDIVista MOBILE, during eHealth Week in Dublin. ...

Wipro in top 3 in IAOP's Global Outsourcing 100 List  

13 May 2013, 5.28 pm  |  Source: Business Wire India

Wipro Ltd, today announced that it has been named amongst the top 3 in the ‘2013 Global Outsourcing 100’ list compiled annually by International A...