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  • Never received any money from NSEL`s profit, says FTIL

    Never received any money from NSEL's profit, says FTIL  

    Embattled Financial Technologies has told shareholders that it never got any money from NSEL's profit and also cautioned them against vested interests spreading rumours about the government order on merging the bourse with the com...

    25 Sep 2016, 4.00 pm  |  Source: PTI

  • Use of alibis not going to work: India on Pak PM`s Uri remarks

    Use of alibis not going to work: India on Pak PM's Uri remarks  

    India has hit back at Pakistan Prime Minister Nawaz Sharif's remarks that the Uri terror attack could be the result of a "reaction" of the people to the situation in Kashmir, saying the "use of alibis" by him is not going to work ...

    25 Sep 2016, 3.23 pm  |  Source: PTI

  • CBI to probe Mumbai blasts accused`s murder, Chhota Rajan named

    CBI to probe Mumbai blasts accused's murder, Chhota Rajan named  

    The CBI has taken over the probe into the murder of Hanif Kadawala, an accused in the 1993 Mumbai blasts case who gave an AK-56 rifle to actor Sanjay Dutt, and registered a case against gangster Chhota Rajan and his accomplices in...

    25 Sep 2016, 2.58 pm  |  Source: PTI

  • FPIs remain bullish on markets; pour in Rs 9,500-crore in Sep

    FPIs remain bullish on markets; pour in Rs 9,500-crore in Sep  

    Foreign investors have pumped Rs 9,500 crore (USD 1.4 billion) into the country's capital markets so far this month, driven by sound progress on rollout of GST and contraction in current account deficit (CAD).

    25 Sep 2016, 2.58 pm  |  Source: PTI

  • Sebi to beef up cyber security framework for markets

    Sebi to beef up cyber security framework for markets  

    To protect securities markets from cyber threats, regulator Sebi is looking to further beef up its policy framework on this front and plans to appoint a chief IT security officer to head these initiatives.

    25 Sep 2016, 2.58 pm  |  Source: PTI

  • Loss-making cos get more leeway in deciding managerial pay

    Loss-making cos get more leeway in deciding managerial pay  

    Loss-making corporates now have more freedom in deciding managerial salaries, with the government hiking the stipulated executive pay limit under the companies law.

    25 Sep 2016, 2.58 pm  |  Source: PTI

  • ICICI Bank eyes 5 million transactions via voice-recognition

    ICICI Bank eyes 5 million transactions via voice-recognition  

    ICICI Bank has said it has brought 32 lakh customers under the voice recognition service for phone banking and is aiming to conduct 50 lakh transactions via this facility by the end of this fiscal.

    25 Sep 2016, 1.32 pm  |  Source: PTI

  • Puravankara to raise up to Rs 1,500 crore via debentures

    Puravankara to raise up to Rs 1,500 crore via debentures  

    Realty firm Puravankara Projects plans to raise up to Rs 1,500 crore by issuing non-convertible debentures for execution of its projects.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • Himalaya to hire 1,000 people, eyes Rs 2,500 cr revenue in FY18

    Himalaya to hire 1,000 people, eyes Rs 2,500 cr revenue in FY18  

    Maintaining over 20 percent CAGR, wellness firm Himalaya Drug Company is looking at Rs 2,500 crore revenue next fiscal and plans to hire around 1,000 people as it enters new verticals and expands distribution network.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • BPCL may look at increasing Kochi refinery capacity to 22 MT

    BPCL may look at increasing Kochi refinery capacity to 22 MT  

    State-run Bharat Petroleum, which expects to finish work on its 15.5-million tonne refinery expansion in Kochi by December and commission it in the fourth quarter, may look at further increasing its capacity to 22 MT.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • Direct sellers mull steps to check online sales sans consent

    Direct sellers mull steps to check online sales sans consent  

    Direct sellers such as Amway, Tupperware and Network Communications, are mulling steps to prevent the selling of their products on online marketplaces without their consent in the wake of new guidelines issued by the government.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • PM offers prayers at Sreekanteswara Temple

    PM offers prayers at Sreekanteswara Temple  

    Prime Minister Narendra Modi, who is here for the BJP national council meet, offered worship at the famed Sreekanteswara Temple in the city this morning.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • Deutsche Boerse to set IT infra for BSE International Exchange

    Deutsche Boerse to set IT infra for BSE International Exchange  

    Leading stock exchange BSE has roped in markets operator Deutsche Boerse to set up trading infrastructure for BSE International Exchange at Gujarat International Finance Tec-City (GIFT) city.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • Use of alibis not going to work: India on Pak PM`s Uri remarks

    Use of alibis not going to work: India on Pak PM's Uri remarks  

    India has hit back at Pakistan Prime Minister Nawaz Sharif's remarks that the Uri terror attack could be the result of a "reaction" of the people to the situation in Kashmir, saying the "use of alibis" by him is not going to work...

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • L&T Shipbuilding eyes Rs 9k-cr orders in 3 yrs, mostly from Navy

    L&T Shipbuilding eyes Rs 9k-cr orders in 3 yrs, mostly from Navy  

    L&T Shipbuilding, part of the USD 16-billion engineering conglomerate Larsen & Toubro (L&T), is eyeing around Rs 9,000 crore orders over the next three years, mostly from the Navy.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • Shift DIPP from Commerce Ministry to Fin Min: IRS officers` body

    Shift DIPP from Commerce Ministry to Fin Min: IRS officers' body  

    The Department of Industrial Policy and Promotion (DIPP) needs to be detached from the Commerce Ministry and brought under the Finance Ministry to ensure smooth functioning of customs and FDI-related works, an association of India...

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • Indian drug formulation market grows 15.3% in August

    Indian drug formulation market grows 15.3% in August  

    The domestic formulation drug market grew by 15.3 percent in August to Rs 9,643 crore over the corresponding month last year.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • Parliamentary panel to examine merger of budgets

    Parliamentary panel to examine merger of budgets  

    With the Cabinet's approving the merger of Railway Budget with General Budget, the parliamentary panel on finance has decided to 'examine' the move along with its "ramifications thereof".

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • States for more say in body replacing Medical Council of India

    States for more say in body replacing Medical Council of India  

    States, in their deliberations with the government's think-tank Niti Aayog, have pitched for more representation in the National Medical Commission (NMC), the new body likely to replace Medical Council of India (MCI).

    25 Sep 2016, 11.36 am  |  Source: PTI

  • 7th Pay panel award to spur savings more than consumption: UBS

    7th Pay panel award to spur savings more than consumption: UBS  

    Global brokerage UBS has taken a contrarian line to the general view that the 7th Pay panel award would boost demand, saying the move is expected to drive savings more than consumption.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • CBI wants Customs to display anti-corruption officers info

    CBI wants Customs to display anti-corruption officers info  

    All Customs, Central Excise and Enforcement Directorate's offices across the country have been asked by the CBI to prominently display phone numbers of anti-corruption officers to check bribery and harassment of citizens.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • Vigilance clearance awaited for new MPC members

    Vigilance clearance awaited for new MPC members  

    The all-powerful Monetary Policy Committee's first rate decision on October 4 hinges on vigilance clearance for the government-nominated three independent economists coming in time.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • Barclays looking at India as a fintech innovation hub

    Barclays looking at India as a fintech innovation hub  

    British lender Barclays is keen on being a research and development engine for financial services industry and is making significant investments in this space, according to Barclays India Chief Operating Officer Ram Gopal.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • Volatility ahead as F&O expiry may keep markets on edge

    Volatility ahead as F&O expiry may keep markets on edge  

    Derivatives expiry is expected to keep stock markets volatile this week despite no major immediate trigger while global cues and overseas capital inflows will continue to steer sentiment, say experts.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • ONGC Board approves pact to take stake in GSPC gas block

    ONGC Board approves pact to take stake in GSPC gas block  

    The Board of state-owned ONGC has approved signing of a preliminary agreement for buying a stake in Gujarat government firm GSPC's KG basin gas block.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • Now, Uber, Ola start services for govt officers

    Now, Uber, Ola start services for govt officers  

    Cab aggregators Uber and Ola are breaking new ground as they have started providing taxi services to government departments at special rates.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • E-commerce cos` GMV to touch $1.5-1.7 billion in Oct: RedSeer

    E-commerce cos' GMV to touch $1.5-1.7 billion in Oct: RedSeer  

    Festive sales are expected to help e-commerce companies register transactions worth $1.5-1.7 billion in October, according to research firm RedSeer Consulting.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • Haier India eyes 30% increase in sales this year on good demand

    Haier India eyes 30% increase in sales this year on good demand  

    Consumer appliances and electronic goods maker Haier India is eyeing 30 percent increase in sales this year on the back of higher demand during the festive season.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • Food services industry set to reach $77 bn by 2021: Report

    Food services industry set to reach $77 bn by 2021: Report  

    Country's food services industry is expected to touch $77 billion (about Rs 4,98,130 crore) by 2021, growing at an annual rate of 10 percent, a recent report said.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • 2016 JK National Karting Championship: Donison dominates Senior Max class on Day 1

    2016 JK National Karting Championship: Donison dominates Senior Max class on Day 1  

    2016 JK National Karting Championship: Donison dominates Senior Max class on Day 1

    24 Sep 2016, 10.03 pm  |  Source: Overdrive

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