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  • BSNL to install 2000 new mobile towers in Chhattisgarh: Prasad

    BSNL to install 2000 new mobile towers in Chhattisgarh: Prasad  

    "BSNL will set up new 2000 towers in next two years in Chhattisgarh which will be a historical step to strengthen mobile connectivity in the state," Ravi Shankar Prasad said at a press conference here.

    26 Jun 2016, 10.32 pm  |  Source: PTI

  • Don`t panic, British eco fundamentals are strong: Business Sec

    Don't panic, British eco fundamentals are strong: Business Sec  

    "Now it's a time for reassurance for business, and my message to them ever since Friday morning is there's no need to be panicking at all," Sajid Javid said as investors braced for another day of heavy selling when markets reopen ...

    26 Jun 2016, 10.32 pm  |  Source: PTI

  • Scottish leader may try to block `Brexit` as turmoil spreads

    Scottish leader may try to block 'Brexit' as turmoil spreads  

    Scottish First Minister Nicola Sturgeon, determined to keep Scotland inside the EU, said on BBC that she would consider advising the Scottish Parliament not to give "legislative consent" to a British exit, or Brexit.

    26 Jun 2016, 10.32 pm  |  Source: PTI

  • Maha govt seeks $ 600 mn loan from World Bank

    Maha govt seeks $ 600 mn loan from World Bank  

    "We have to focus on proper water management and will have to create water bodies in a decentralised manner. Big dams are necessary but decentralised water bodies are also necessary," Devendra Fadnavis said.

    26 Jun 2016, 10.32 pm  |  Source: PTI

  • `Cameron not expected to trigger Article 50 at EU summit`

    'Cameron not expected to trigger Article 50 at EU summit'  

    "We expect Cameron to present the outcome of the referendum and the situation in the UK ... we do not expect Cameron to trigger Article 50 at that stage," said the official who asked not to be named.

    26 Jun 2016, 10.32 pm  |  Source: PTI

  • Foreign investors eye UK property after Brexit fallout

    Foreign investors eye UK property after Brexit fallout  

    Property prices are also expected to take a hit, with reports of buyers pulling out of transactions due to market uncertainty.

    26 Jun 2016, 5.14 pm  |  Source: PTI

  • Reliance Power eyes Rs 714 cr from Tilaiya procurers

    Reliance Power eyes Rs 714 cr from Tilaiya procurers  

    The formalities with the 18 procurers in 10 states for the release of money are at final stage and the company hopes to achieve closure very soon, a person familiar with the matter said.

    26 Jun 2016, 5.14 pm  |  Source: PTI

  • Indian banking`s `weak underbelly` exposed: Kotak

    Indian banking's 'weak underbelly' exposed: Kotak  

    Uday Kotak also questioned whether nationalisation of banks served the purpose of checking disproportionate lending to big businesses, as most of the stress on their books is today due to loans to big corporates.

    26 Jun 2016, 5.14 pm  |  Source: PTI

  • `UK that Scotland voted to stay in does not exist any more`

    'UK that Scotland voted to stay in does not exist any more'  

    "The UK that Scotland voted to stay in in 2014 does not exist any more," Sturgeon told the BBC's Andrew Marr Show after saying a second independence referendum was now "highly likely".

    26 Jun 2016, 5.14 pm  |  Source: PTI

  • Top eight cos give up Rs 27,727 cr in market valuation

    Top eight cos give up Rs 27,727 cr in market valuation  

    While TCS, RIL, HDFC Bank, ITC, CIL, HDFC, HUL and ONGC burnt their fingers, Infosys and Sun Pharma broke free and notched up gains

    26 Jun 2016, 5.14 pm  |  Source: PTI

  • Allow banks, HFCs to fund land deals: Parekh to RBI

    Allow banks, HFCs to fund land deals: Parekh to RBI  

    In his annual message to shareholders of HDFC, Deepak Parekh further said in a sector like real estate where multiple approvals are required, embarking on a digital platform to grant approvals will be a significant game changer fo...

    26 Jun 2016, 5.14 pm  |  Source: PTI

  • Inadequate production spikes prices of pulses: CEA

    Inadequate production spikes prices of pulses: CEA  

    Besides, there has been a shift in dietary habit in which pulses have become core of food habits among the Indian people, but there was inadequate production to meet the demand, Subramanian told an international conference here.

    26 Jun 2016, 5.14 pm  |  Source: PTI

  • Brexit overhang to dominate trading, markets may see-saw

    Brexit overhang to dominate trading, markets may see-saw  

    "Early this week, we may continue to see volatility in Indian markets and some more downside cannot be ruled out completely," Pankaj Sharma, Head of Equities, Equirus Securities.

    26 Jun 2016, 5.14 pm  |  Source: PTI

  • `Dialogue with China should continue despite NSG setback`

    'Dialogue with China should continue despite NSG setback'  

    "Dialogue with China should continue. Both countries have their own national interest," Shivraj Singh Chouhan told reporters here after returning from his six-day visit to China.

    26 Jun 2016, 5.14 pm  |  Source: PTI

  • Transparency key in handling infra projects: SBI chairperson

    Transparency key in handling infra projects: SBI chairperson  

    "Capital is not a problem. There is enough capital and there is enough capital chasing yields. To that extent there is no dearth of money," Arundhati Bhattacharya, who took part in an international seminar organised by the China-l...

    26 Jun 2016, 5.14 pm  |  Source: PTI

  • BoB going through fundamental repositioning, says chairman

    BoB going through fundamental repositioning, says chairman  

    "These plans are intended to create a more agile and capable organisation with better controls and compliance," Ravi Venkatesan told PTI on the sidelines of its annual general meeting here over the weekend.

    26 Jun 2016, 5.14 pm  |  Source: PTI

  • Today`s policies must not cause future regrets: BIS

    Today's policies must not cause future regrets: BIS  

    In its latest annual report, BIS has called upon banks to keep adjusting their business models to the new market environment and address legacy problems, including that of non-performing loans.

    26 Jun 2016, 5.14 pm  |  Source: PTI

  • More than 2.5 mn sign UK petition for new EU referendum

    More than 2.5 mn sign UK petition for new EU referendum  

    Parliament has to consider a debate on any petition posted on its website that attracts more than 100,000 signatures.

    26 Jun 2016, 3.29 pm  |  Source: Reuters

  • Soros calls for reconstruction of EU after `Brexit` vote

    Soros calls for reconstruction of EU after 'Brexit' vote  

    George Soros, who warned of financial meltdown if Britain voted to leave the EU before Thursday's referendum, also said the effects of the decision will likely damage Britain.

    26 Jun 2016, 2.41 pm  |  Source: Reuters

  • Mutual Funds approach Sebi with 50 new proposals in 2016

    Mutual Funds approach Sebi with 50 new proposals in 2016  

    Hybrid, equity, debt, retirement and fixed maturity plan (FMP) are some of the themes for which mutual fund houses have filed the applications.

    26 Jun 2016, 2.28 pm  |  Source: PTI

  • Luminous Water Technologies eyes Rs 300 cr revenue in FY17

    Luminous Water Technologies eyes Rs 300 cr revenue in FY17  

    "We are looking at doubling our turnover to Rs 300 crore from just under Rs 150 crore reported in the previous fiscal. There is a lot of headroom for growth due to our low base and high coverage in terms of service points and dist...

    26 Jun 2016, 2.28 pm  |  Source: PTI

  • Monetary committee rules to be notified in few weeks: Das

    Monetary committee rules to be notified in few weeks: Das  

    "We are already working on it (on the rules). I think it should not take more than few weeks. Its a matter of weeks I would say," Economic Affairs Secretary Shaktikanta Das told PTI in an interview.

    26 Jun 2016, 2.28 pm  |  Source: PTI

  • Faircent.com aims at Rs 2,000 cr biz in 3-4 years

    Faircent.com aims at Rs 2,000 cr biz in 3-4 years  

    "We are looking at closing this financial year with business transactions at Rs 50 crore. Next year, we are looking at around Rs 200 crore (2017-18). And then we are looking at around Rs 2,000 crore of business transaction. In nex...

    26 Jun 2016, 2.28 pm  |  Source: PTI

  • `Bank mergers likely to happen after SBI consolidation`

    'Bank mergers likely to happen after SBI consolidation'  

    "Banks can consider merger and acquisition only when their financial strength improves significantly. Logically, the next round of mergers and acquisition may take place after consolidation of associate banks and acquisition of Bh...

    26 Jun 2016, 2.28 pm  |  Source: PTI

  • `India preparing projects worth $ 2-3bn for funding by AIIB`

    'India preparing projects worth $ 2-3bn for funding by AIIB'  

    Finance Minister Arun Jaitley made the offer to set up AIIB branch in India while addressing the Board of Governors Session of the Annual General Meeting (AGM) of the bank headquartered here yesterday.

    26 Jun 2016, 2.28 pm  |  Source: PTI

  • Jaquar invests Rs 150 cr to expand Rajasthan factory

    Jaquar invests Rs 150 cr to expand Rajasthan factory  

    "We are expanding our manufacturing facility by 30,000 square meters for faucets in Bhiwadi, Rajasthan, which will be operational by the middle of next year," Rajesh Mehra, the director and promoter of Jaquar Group, told PTI.

    26 Jun 2016, 2.28 pm  |  Source: PTI

  • FSSAI frames safety standards for alcoholic drinks

    FSSAI frames safety standards for alcoholic drinks  

    "The Food Safety Standards Authority of India (FSSAI) has finalised a list of food additives and standards with respect to alcoholic beverages," FSSAI CEO Pawan Agarwal told PTI.

    26 Jun 2016, 2.28 pm  |  Source: PTI

  • Asian Paints to invest Rs 4,000 cr in new units at K`taka, AP

    Asian Paints to invest Rs 4,000 cr in new units at K'taka, AP  

    Asian Paints chairman Ashwin Choksi said in the latest Annual Report that "the company would be investing in phases at both these facilities to enable it to service the future demand adequately".

    26 Jun 2016, 2.28 pm  |  Source: PTI

  • NHPC plans 600-MW solar project at Koyna dam in Maharashtra

    NHPC plans 600-MW solar project at Koyna dam in Maharashtra  

    The company is already carrying out the feasibility and financial viability study for the project, wherein it plans to set up floating solar panels with pumped storage system, a senior company official said.

    26 Jun 2016, 2.28 pm  |  Source: PTI

  • NSG may meet again to discuss entry of non-NPT signatories

    NSG may meet again to discuss entry of non-NPT signatories  

    In the face of strong opposition from China and a few other countries, India's application for membership did not go through at the NSG plenary which concluded in Seoul on Friday.

    26 Jun 2016, 2.28 pm  |  Source: PTI

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