News

How Srikumar Misra's Milk Mantra fights adulteration menace   

25 May 2013, 4.18 pm  |  Source: CNBC-TV18

Milk the staple in the Indian diet has been in news mostly for adulteration and lack of hygiene during packaging. Srikumar Misra, 36 year old is worki...

Lupin aims to be specialist co; eyes more branded products   

25 May 2013, 4.16 pm  |  Source: CNBC-TV18

Lupin wants to step in the next phase of growth by transforming itself in to a speciality company, plans to pump more of its branded products going fo...

Vaishno Devi Dairy aims Rs 250 crore of revenue next year  

25 May 2013, 2.25 pm  |  Source: Moneycontrol.com

With plans to expand both the production capacity and the product range Vaishno Devi Dairy is aiming to get revenue of Rs 250 crore by next year from ...

Tamara Coorg: Shruti Shibulal's true calling   

25 May 2013, 1.45 pm  |  Source: Moneycontrol.com

Shruti Shibulal, the daugher of Infosys co-founder SD Shibulal found her true calling at 'Tamara Coorg', away from the world of technology and consult...

Nissan plans to treble domestic sales in FY14  

25 May 2013, 1.44 pm  |  Source: PTI

As a part of its aggressive strategy, Nissan India plans to increase sales from 37,000 units to 1 lakh; will launch four models this fiscal which incl...

MICE and luxury travel a big business in India  

25 May 2013, 1.40 pm  |  Source: Business Wire India

Meetings, Incentive Travels, Conferences and Exhibitions (MICE) and Luxury Travel a Big Business in India. A two day congress focused on this booming ...

Taro provides results year ended March 31, 2013  

25 May 2013, 1.13 pm  |  Source: Business Wire India

Taro Pharmaceutical Industries Ltd. is a multinational, science-based pharmaceutical company, dedicated to meeting the needs of its customers through ...

The Week That Was: Phaneesh Murthy, Fed, Japan , pharma setbacks in spotlight  

25 May 2013, 10.40 am  |  Source: Moneycontrol.com

The Week That Was: Phaneesh Murthy, Fed, Japan , pharma setbacks in spotlight...

AirAsia launch in Q4; may order 50 more Airbus jets: CEO  

24 May 2013, 11.05 pm  |  Source: PTI

Asia's largest budget carrier, AirAsia (AIRA.KL), may order an additional 50 Airbus A320 jets on top of its existing record order for 475 of the Airbu...

Minimum shareholding rule: Market to see $2bn worth paper   

24 May 2013, 10.45 pm  |  Source: CNBC-TV18

CNBC-TV18's Nimesh Shah and Ashmit Kumar report that the 25 percent minimum public float will flood mkt with paper worth USD 2 billion....

DoT moves Delhi HC against Idea Cellular  

24 May 2013, 9.55 pm  |  Source: CNBC-TV18

The DoT is understood to be in the process of preparing a new set of show-cause notices against Airtel, Vodafone and Idea Cellular for allegedly viola...

Govt to divest 5% in Neyveli Lignite for Rs 700cr: Srcs  

24 May 2013, 9.33 pm  |  Source: CNBC-TV18

Government plans to divest 5 percent stake in Neyveli Lignite through offer for sale for Rs 700 crore. ...

Uninor launches low-cost plan on cue from airline biz   

24 May 2013, 9.13 pm  |  Source: CNBC-TV18

Uninor CEO Yogesh Malik saysUninor launches low-cost plan on cue from the low-cost segment of airline sector....

RIL-BP make huge gas discovery in KG-D6 block  

24 May 2013, 8.30 pm  |  Source: PTI

Reliance Industries (RIL) on Friday announced a huge natural gas discovery, possibly the biggest find ever, in the flagging eastern offshore KG-D6 blo...

Moily refutes allegations of favouring Reliance Industries  

24 May 2013, 8.29 pm  |  Source: PTI

Strongly refuting allegations of favouring Reliance Industries (RIL), oil minister M Veerappa Moily on Friday said the proposed revision in natural ga...

Here is how bad loans affected banks in Jan-March quarter  

24 May 2013, 8.17 pm  |  Source: Moneycontrol.com

Net non-performing assets or bad loans of 39 listed banks inched up just 0.8 percent or Rs 750 crore in the fourth quarter of 2012-13 according to a s...

Ace Commodity Exchange signs MoU with livestock association  

24 May 2013, 7.59 pm  |  Source: PTI

Ace Commodity Exchange signs memorandum of understanding with compound feed manufacturers association to share information such as price information f...

FM says will introduce direct tax code in monsoon session  

24 May 2013, 7.37 pm  |  Source: Reuters

Finance Minister P Chidambaram said on Friday he would introduce a bill for a direct tax code (DTC) during the monsoon session of parliament....

Gaursons buys 300 acre from Jaypee for Rs 1,500 cr   

24 May 2013, 7.33 pm  |  Source: PTI

Gaursons India Limited bought 300 acres of land from Jaypee to develop a 240-acre township 'Gaur City' in partnership with Saviour at Noida Extension...

TRAI hikes termination charges to curb pesky SMSes  

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

TRAI will hike termination charge on pesky SMSes. Telcos may charge 5 paisa per SMS. The new termination charges from June....

Puravankara founder gets bids worth $31 mn in share sale  

24 May 2013, 6.54 pm  |  Source: Reuters

Real estate company Puravankara Projects Limited recieved bids for 20.6 million shares at an average price of Rs 81.52 each....

Jet Airways Q4 net loss widens to Rs 4.96bn  

24 May 2013, 6.07 pm  |  Source: Reuters

Jet Airways, which recently agreed to sell a 24 percent stake to Gulf carrier Etihad, reported a wider quarterly loss, hurt by higher costs....

Growing cash reserve show possibilities for M&A in pharma  

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

The healthcare technology industry is expected to become mature and stable by the end of Financial Year 2013, with an expanding net margin and steady ...

GoDaddy launches 'Cup of Coffee' campaign for SMBs in India  

24 May 2013, 5.25 pm  |  Source: Business Wire India

GoDaddy has launched India’s 'Cup of Coffee' campaign to personally demonstrate to small businesses and entrepreneurs how easy it is to build a webs...

Siyaram signs 27 franchise pacts; aims 500 stores by FY17  

24 May 2013, 5.23 pm  |  Source: PTI

Siyaram to take its proposed franchise tally to 500 outlets by 2016-17 after a successful response from the trade fraternity....

Panasonic plans to garner 20% mkt share in split AC sector  

24 May 2013, 5.19 pm  |  Source: PTI

Consumer durables major Panasonic has lined up Rs 120 crore investments during this financial year, aiming to garner a 20 percent market share in the ...

Emkay retains 'reduce' on SBI, target Rs 1930  

24 May 2013, 5.11 pm  |  Source: Moneycontrol.com

Emkay has maintained its 'reduce' rating on State Bank of India along with a price target of Rs 1930. ...

Evening Capsule: Indian pharma cos critical, mkt survives  

24 May 2013, 4.57 pm  |  Source: Moneycontrol.com

Here's a lowdown of all that make news today. ...

Target gross NPA below 3% & net NPA below 1%: IDBI Bank   

24 May 2013, 4.56 pm  |  Source: CNBC-TV18

IDBI Bank's fourth quarter net profit fell by 28 percent year-on-year to Rs 554.5 crore, as announced on April 25. ...

Siemens scores top spot in Analyst's PLM Software Ranking  

24 May 2013, 4.27 pm  |  Source: Business Wire India

Siemens has been recognized by leading PLM strategic management consulting and research firm, CIMdata Inc., as the market presence leader in the colla...