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  • Zee Entertainment to sell sports biz to Sony for $385 million

    Zee Entertainment to sell sports biz to Sony for $385 million  

    Zee Entertainment today announced sale of its loss-making sports business to Sony for USD 385 million. The deal will be an all-cash deal.

    31 Aug 2016, 12.18 pm  |  Source: CNBC-TV18

  • HDFC`s Mistry says demand for home loans never slowed

    HDFC's Mistry says demand for home loans never slowed  

    In an interview with CNBC-TV18, Keki Mistry, Vice Chairman and Chief Executive Officer of HDFC, said the demand for housing loans was going to be strong over the next few years.

    31 Aug 2016, 11.56 am  |  Source: CNBC-TV18

  • Won`t be impacted by Maha`s irrigation tender cancellation: Jain

    Won't be impacted by Maha's irrigation tender cancellation: Jain  

    Speaking to CNBC-TV18, Anil Jain, MD of Jain Irrigation Systems said that the company is not affected by the developments in Maharashtra irrigation projects.

    31 Aug 2016, 11.15 am  |  Source: CNBC-TV18

  • Liquidity, not repo cut, is prime concern now: Axis Bank

    Liquidity, not repo cut, is prime concern now: Axis Bank  

    Speaking to CNBC-TV18, Axis Bank's MD & CEO Shikha Sharma says that while the mood in the economy has changed enormously, investments on ground will take time to change.

    31 Aug 2016, 11.08 am  |  Source: CNBC-TV18

  • Tata Motors aims to turn around domestic business by 2019

    Tata Motors aims to turn around domestic business by 2019  

    The aim is to put Tata Motors among the top three car brands in India by the end of March 2019, Guenter Butschek told reporters, up from fifth in its last fiscal year.

    31 Aug 2016, 10.32 am  |  Source: Reuters

  • DLF promoters expects to sign Rs 12,000cr stake sale deal by Oct

    DLF promoters expects to sign Rs 12,000cr stake sale deal by Oct  

    Last October, DLF had announced that its promoters would sell 40 percent stake in DLF Cyber City Developers (DCCDL).

    31 Aug 2016, 9.18 am  |  Source: PTI

  • Grasim Industries to raise up to Rs 2,000 cr via pvt placement

    Grasim Industries to raise up to Rs 2,000 cr via pvt placement  

    The Aditya Birla Group firm will present the proposal to its shareholders at the Annual General Meeting (AGM) scheduled next month, it said in a regulatory filing.

    31 Aug 2016, 9.18 am  |  Source: PTI

  • LeEco follows Xiaomi, to assemble smartphones in India

    LeEco follows Xiaomi, to assemble smartphones in India  

    Set up in partnership with Compal Electronics, the facility in Greater Noida will have an initial capacity of 60,000 units a month. This will be ramped up to 2,00,000 by the end of December.

    31 Aug 2016, 9.18 am  |  Source: PTI

  • Tata Capital, CII partner to provide easy credit to SMEs

    Tata Capital, CII partner to provide easy credit to SMEs  

    "Tata Capital, the financial services arm of the Tata Group, signed a MoU with Confederation of Indian Industry (CII) to partner with them in the SME Finance Facilitation Centre initiative," Tata Capital said in a release.

    31 Aug 2016, 9.16 am  |  Source: PTI

  • MSI may advance 2nd phase of capacity expansion at Guj plant

    MSI may advance 2nd phase of capacity expansion at Guj plant  

    The first phase of the plant with a capacity of 2.5 lakh units is expected to become operational by early next year.

    31 Aug 2016, 9.14 am  |  Source: PTI

  • ICICI Lombard `selective` in providing group health insurance

    ICICI Lombard 'selective' in providing group health insurance  

    A group health insurance plan is the one that provides healthcare coverage to a select group of people.

    31 Aug 2016, 9.14 am  |  Source: PTI

  • Motilal Oswal Fin acquires 2.45 cr shares in arm for Rs 28 cr

    Motilal Oswal Fin acquires 2.45 cr shares in arm for Rs 28 cr  

    "The company has been allotted 2,45,39,907 equity shares of AFHCL, under right issue on August 30, 2016 thereby leading to change in holding of 2.82 per cent in share capital of AHFCL," it said in a regulatory filing.

    31 Aug 2016, 9.12 am  |  Source: PTI

  • Shell opens 83rd petrol pump in India

    Shell opens 83rd petrol pump in India  

    Shell India opened a petrol pump in Uttarahalli area of Bengaluru, taking its operational fuel stations in India to 83, of which 30 are in Karnataka, the company said in a statement.

    31 Aug 2016, 9.12 am  |  Source: PTI

  • Delta Corp to buy adda52.com holding co for Rs 155 crore

    Delta Corp to buy adda52.com holding co for Rs 155 crore   

    Delta Corp Limited is going to acquire Gauss Network, which owns adda52.com, the company declared to exchanges.

    31 Aug 2016, 8.51 am  |  Source: CNBC-TV18

  • If India grows at 10%, HDFC Bank will grow at 30%: MD Puri

    If India grows at 10%, HDFC Bank will grow at 30%: MD Puri   

    Country's second-largest private sector lender HDFC Bank may have grown leaps and bounds over the past decade or so but now is the "best time" for the bank, says MD Aditya Puri.

    31 Aug 2016, 8.36 am  |  Source: CNBC-TV18

  • Goa government signs MoU with Google India

    Goa government signs MoU with Google India  

    "As a first step, the Goa government will launch internet safety education for students in association with Google India," Parsekar said. It will be a part of curriculum for classes 9th to 12th in the government schools.

    31 Aug 2016, 8.34 am  |  Source: PTI

  • Prudential`s UK staff take industrial action over Mum job plan

    Prudential's UK staff take industrial action over Mum job plan  

    Staff in the Prudential's annuities department in Reading will from Wednesday not carry out work linked to the transfer of the jobs to Mumbai, Unite said in a statement.

    31 Aug 2016, 8.12 am  |  Source: Reuters

  • SBT-SBI merger: HC issues notice to Finance Ministry

    SBT-SBI merger: HC issues notice to Finance Ministry  

    "Suspiciously, a bank working on profit for the past 70 years was all of a sudden showed as making loss by charging higher rate of provision on standard, sub-standard and non-performing assets," the petition said.

    31 Aug 2016, 7.50 am  |  Source: PTI

  • SRM Group offers to deposit Rs 69 cr in court

    SRM Group offers to deposit Rs 69 cr in court  

    The chancellor of the SRM University headquartered near here, was arrested on August 26 in connection with more than 100 complaints from parents relating to "transactions" involving payment of money running into several crores for...

    31 Aug 2016, 7.48 am  |  Source: PTI

  • India Business Leader Awards: 11th year running

    India Business Leader Awards: 11th year running   

    For the 11th year, CNBC-TV18 carried on the tradition with the India Business Leader Awards (IBLA). The visionaries that have led India's glorious journey from the front are the champions that we salute at the awards.

    30 Aug 2016, 10.37 pm  |  Source: CNBC-TV18

  • EU-Apple spat may set off global tax war: Dhruva Advisors

    EU-Apple spat may set off global tax war: Dhruva Advisors   

    Speaking to CNBC-TV18 on the implications of EU holding agreements entered into by Ireland as being illegal or contrary to EU directives, Kanabar says it is worrisome as a lot of companies park their funds at Ireland and if each o...

    30 Aug 2016, 10.12 pm  |  Source: CNBC-TV18

  • Is e-commerce losing out to conventional shopping ways?

    Is e-commerce losing out to conventional shopping ways?  

    At a time when most companies are relying on an omnichannel presence (across web, mobile and online) for increased visibility, there are market whoppers like Future Group shutting their online operations. Many marketplaces are pul...

    30 Aug 2016, 10.00 pm  |  Source: Moneycontrol.com

  • Govt a facilitator, not regulator in policy reforms: Sitharaman

    Govt a facilitator, not regulator in policy reforms: Sitharaman   

    With Make in India policy, better ease of doing business reforms, increase in foreign direct investment (FDI) and passage of the Goods and Services Tax (GST) Bill, the government has acted as a facilitator rather than a regulator,...

    30 Aug 2016, 9.27 pm  |  Source: CNBC-TV18

  • CPPIB gets RBI nod to up stake in Kotak Mahindra Bank upto 10%

    CPPIB gets RBI nod to up stake in Kotak Mahindra Bank upto 10%  

    Private sector lender Kotak Mahindra Bank today said the Reserve Bank had granted approval to Canada Pension Plan Investment Board to buy stake in excess of 5 percent and up to 5 percent in the bank.

    30 Aug 2016, 8.54 pm  |  Source: PTI

  • Vodafone offers intl roaming plan for pre, postpaid users

    Vodafone offers intl roaming plan for pre, postpaid users  

    Telecom service provider Vodafone today announced an international roaming plan where customers can pay a daily rental of Rs 500 and get free incoming calls.

    30 Aug 2016, 8.54 pm  |  Source: PTI

  • Bajaj Finance shareholders approve stock split, bonus issue

    Bajaj Finance shareholders approve stock split, bonus issue  

    Bajaj Finance today said its shareholders have approved proposals to split its stock in the 1:5 ratio and also to issue bonus shares in 1:1 ratio.

    30 Aug 2016, 8.52 pm  |  Source: PTI

  • TCS and GE to revolutionise gas turbine manufacturing

    TCS and GE to revolutionise gas turbine manufacturing  

    Tata Consultancy Services today announced that it has developed an innovative digital solution along with General Electric to revolutionise gas turbine manufacturing which could save significant time and costs in the manufacturing...

    30 Aug 2016, 8.52 pm  |  Source: PTI

  • Infosys creating smaller biz units to improve mkt penetration

    Infosys creating smaller biz units to improve mkt penetration  

    Country's second largest software services firm Infosys is creating smaller business units, headed by a new line of leaders, as part of its efforts to improve market penetration and client management.

    30 Aug 2016, 8.48 pm  |  Source: PTI

  • Paytm raises USD 60 mn from Mediatek

    Paytm raises USD 60 mn from Mediatek  

    Interestingly, Mediatek is also an investor in Paytm's rival, Mobikwik in India. In May this year, Mediatek had participated in an estimated USD 50 million fund raising by Mobikwik.

    30 Aug 2016, 8.22 pm  |  Source: PTI

  • Maruti launches Swift variant priced upto Rs 6.86 lakh

    Maruti launches Swift variant priced upto Rs 6.86 lakh  

    The new variant -- Swift Deca, comes with touch screen multimedia system with bluetooth, exterior styling kit, sporty body graphics, football themed seat covers and interior styling kit.

    30 Aug 2016, 8.22 pm  |  Source: PTI

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