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  • Capped stent prices include 8% trade margin, says regulator

    Capped stent prices include 8% trade margin, says regulator    

    Data put out earlier by NPPA pointed out that distributors had trade margins between 13 and 196 percent for sale of stents to hospitals, while hospitals enjoyed a margin between 11 percent and 650 percent on sales to patients.

    20 Feb 2017, 9.44 pm  |  Source: Moneycontrol.com

  • Along with Tata Sons N Chandrasekaran to be TCS Chairman as well

    Along with Tata Sons N Chandrasekaran to be TCS Chairman as well  

    Tata Sons Chairman-designate Natarajan Chandrasekaran will also hold the chairmanship of the group's crown jewel Tata Consultancy Services from Tuesday.

    20 Feb 2017, 9.44 pm  |  Source: PTI

  • Sun Pharma opens first production unit in Egypt

    Sun Pharma opens first production unit in Egypt  

    Sun Pharma's first production unit in Egypt involving a total investment of USD 12.5 million was today inaugurated, signalling growing bussines ties between India and the key Middle East nation.

    20 Feb 2017, 9.44 pm  |  Source: PTI

  • Goldman unit launches up to $82 mn block deal in Max Financial

    Goldman unit launches up to $82 mn block deal in Max Financial  

    A unit of Goldman Sachs has launched a block deal to sell up to USD82.1 million worth of shares in Max Financial Services Ltd with an upsize option of USD41.1 million, a deal term sheet showed on Monday.

    20 Feb 2017, 9.04 pm  |  Source: Reuters

  • GVA growth to decline by 70 bps to 6.2% in Q3: Icra

    GVA growth to decline by 70 bps to 6.2% in Q3: Icra  

    Thanks to the note ban, the economy based on the gross value added (GVA) is set to slip to 6.2 percent in the December quarter from 6.9 percent a year ago, and GDP growth will decline to 6.5 percent from 7.2 percent, said domestic...

    20 Feb 2017, 8.56 pm  |  Source: PTI

  • India, EU discuss long pending free trade agreement

    India, EU discuss long pending free trade agreement  

    India and European Union (EU) today discussed the possibility of accelerating the negotiation process of the proposed free trade agreement, which has been pending since long.

    20 Feb 2017, 8.46 pm  |  Source: PTI

  • Nation`s problem with coal sector continues: Bridge to India

    Nation's problem with coal sector continues: Bridge to India  

    In January 2017, India’s coal imports declined by 22 percent to 14 million tonnes because of lukewarm demand from power generating stations.

    20 Feb 2017, 8.31 pm  |  Source: Moneycontrol.com

  • Nestle looks to diversify into premium coffee, cereals

    Nestle looks to diversify into premium coffee, cereals  

    Out of Maggi crisis, FMCG firm Nestle India, is looking to diversify into new segments like premium coffee business, pet care, skin health and cereals while it looks at 2017 as a "year of aggression".

    20 Feb 2017, 8.26 pm  |  Source: PTI

  • India discusses visa, IPR issues with US lawmakers

    India discusses visa, IPR issues with US lawmakers  

    India today discussed several issues, including proposed restrictions on American work visa and intellectual property rights (IPRs), with the visiting US lawmakers.

    20 Feb 2017, 8.14 pm  |  Source: PTI

  • Jet Airways offers assured additional JPMiles

    Jet Airways offers assured additional JPMiles  

    Jet Airways, which runs the largest frequent flyer programme in the domestic aviation sector called JPMiles, with 5.5 million customers, today announced a bonus loyalty scheme offering an assured 1,500 JPMiles for every passenger.

    20 Feb 2017, 8.14 pm  |  Source: PTI

  • Punj Lloyd wins Rs 348 crore pipeline, tankage contracts

    Punj Lloyd wins Rs 348 crore pipeline, tankage contracts  

    Infrastructure company Punj Lloyd today said it has won Rs 348 crore projects, including Rs 139 crores order from Adani and Rs 209 crore pipeline contract from Mumbai Port Trust.

    20 Feb 2017, 7.50 pm  |  Source: PTI

  • TCS names V Ramakrishnan as CFO

    TCS names V Ramakrishnan as CFO  

    India's largest software services firm Tata Consultancy Services (TCS) today appointed V Ramakrishnan as Chief Financial Officer.

    20 Feb 2017, 7.38 pm  |  Source: PTI

  • Housing sales fall 31%, launches dip 40% in Dec quarter: Report

    Housing sales fall 31%, launches dip 40% in Dec quarter: Report  

    The stock of unsold houses however fell marginally by 1 per cent to 4,53,592 units in Gurgaon, Noida, Mumbai, Kolkata, Pune, Hyderabad, Bengaluru and Chennai from 4,59,067 units in the previous quarter, said PropEquity, a real est...

    20 Feb 2017, 7.28 pm  |  Source: PTI

  • Infosys divide: Vishal Sikka in a letter refutes whistleblower allegations

    Infosys divide: Vishal Sikka in a letter refutes whistleblower allegations  

    Infosys CEO Vishal Sikka wrote a letter to his employees in which he said that these speculations and fabrications are clearly designed to tarnish the company's reputation.

    20 Feb 2017, 7.09 pm  |  Source: Moneycontrol.com

  • Siemens Ltd, Siemens Rail win Rs 287crore Nagpur metro order

    Siemens Ltd, Siemens Rail win Rs 287crore Nagpur metro order  

    Siemens Ltd today said it along with another firm has bagged a Rs 287-crore order from Nagpur Metro Rail Corp to supply signalling technology for the first two lines - North-South and East-West corridors - of the proejct.

    20 Feb 2017, 7.08 pm  |  Source: PTI

  • FYI: Here`s why TCS is buying back shares

    FYI: Here's why TCS is buying back shares  

    Everything you wanted to know about a share buyback.

    20 Feb 2017, 6.55 pm  |  Source: Moneycontrol.com

  • Jio, Uber forge a strategic partnership

    Jio, Uber forge a strategic partnership  

    Reliance Jio today announced a strategic partnership with cab aggregator Uber, which will start with allowing users to pay for their rides through a prepaid wallet launched by the telco's parent company, Reliance Industries.

    20 Feb 2017, 6.48 pm  |  Source: PTI

  • JSPL to commission Angul blast furnace by April: CEO

    JSPL to commission Angul blast furnace by April: CEO  

    Jindal Steel & Power (JSPL) will commission the blast furnace at Angul, Odisha by early April to add an additional 3.5 million tonnes capacity, its Managing Director and CEO Ravi Uppal said.

    20 Feb 2017, 6.48 pm  |  Source: PTI

  • Indian consumers most confident globally in Q4 2016: Nielsen

    Indian consumers most confident globally in Q4 2016: Nielsen  

    Indians continue to be most confident globally when it came to job prospects, personal finances and immediate spending intentions in the fourth quarter of 2016, according to Nielsen.

    20 Feb 2017, 6.48 pm  |  Source: PTI

  • Rosneft-led group to complete Essar acquisition next month: Srcs

    Rosneft-led group to complete Essar acquisition next month: Srcs  

    A consortium led by Russian oil major Rosneft plans to finally complete its USD 12.9 billion acquisition of India's Essar Oil next month, two Russian sources close to the deal told Reuters.

    20 Feb 2017, 6.45 pm  |  Source: Reuters

  • Took Rs 100 cr hit on account of demonetisation: Nestle

    Took Rs 100 cr hit on account of demonetisation: Nestle  

    FMCG major Nestle today said it has taken Rs 100 crore hit on sales due to demonetisation and the sector will take another six months to overcome the impact of the government's move to scarp old high value notes.

    20 Feb 2017, 6.42 pm  |  Source: PTI

  • Cotton output for 2016-17 expected at 341 lakh bales

    Cotton output for 2016-17 expected at 341 lakh bales  

    The cotton output is estimated at 341 lakh bales for 2016-17, an industry association said in its January projection.

    20 Feb 2017, 6.36 pm  |  Source: PTI

  • Irdai to form actuary panels for life, general insurers

    Irdai to form actuary panels for life, general insurers  

    The panel would be required to give an opinion on products filed by an insurer. Further, the regulator may ask any actuary panel to investigate financial position of any insurer or to give an opinion on valuation.

    20 Feb 2017, 6.22 pm  |  Source: PTI

  • Deposit 14% interest on 39 home buyers` money: SC to Unitech

    Deposit 14% interest on 39 home buyers' money: SC to Unitech  

    Slapping a penalty on Unitech Resorts for delaying handing over of flats, the Supreme Court today directed it to deposit 14 per cent interest on Rs 16.55 crore invested by 39 home buyers with it.

    20 Feb 2017, 6.22 pm  |  Source: PTI

  • India`s wheat imports to slow on fumigation rule change

    India's wheat imports to slow on fumigation rule change  

    India's wheat imports from Russia, France and Ukraine could come to a halt after March, as New Delhi has asked exporters to fumigate their cargoes with methyl bromide, an insect control gas banned in Europe and the Black Sea regio...

    20 Feb 2017, 6.03 pm  |  Source: Reuters

  • PM nod mandatory for terminating services of sr staff in CPSEs

    PM nod mandatory for terminating services of sr staff in CPSEs  

    All departments will have to mandatorily take permission of the Appointments Committee of Cabinet headed by Prime Minister Narendra Modi before terminating services of senior officials in Central Public Sector Enterprises (CPSEs).

    20 Feb 2017, 6.02 pm  |  Source: PTI

  • Steel demand likely to improve in coming months: Minister

    Steel demand likely to improve in coming months: Minister  

    Steel demand is expected to improve in coming months on the back of increased spending on infrastructure and long-term government policies, Steel Minister Chaudhary Birender Singh has said.

    20 Feb 2017, 6.02 pm  |  Source: PTI

  • Indian Consumer Confidence up 3 pts to 136 in Q4 2016: Nielsen

    Indian Consumer Confidence up 3 pts to 136 in Q4 2016: Nielsen  

    The Consumer Confidence Index score for India in Q4 2016 has climbed three points to 136 from 133 in the previous quarter. India continues to lead the global index, and is followed by Philippines 132.

    20 Feb 2017, 5.51 pm  |  Source: Moneycontrol.com

  • Canara Bank`s Rs 1,124 cr rights issue to open on March 2

    Canara Bank's Rs 1,124 cr rights issue to open on March 2  

    The bank will issue over 5,42,99,105 equity shares of face value of Rs 10 each for cash at Rs 207 per scrip (including a premium) for an aggregate amount of up to Rs 1,123.99 crore to the existing investors.

    20 Feb 2017, 5.40 pm  |  Source: PTI

  • GrabOnRent to raise $5 million in Series A funding

    GrabOnRent to raise $5 million in Series A funding  

    GrabOnRent, an online product rental service, today said it plans to raise USD five million in series A funding to fuel expansion plans.

    20 Feb 2017, 5.40 pm  |  Source: PTI

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