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Business News

  • 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

  • Kotak Mahindra Bank gets RBI nod for selling upto 10% to CPIIB

    Kotak Mahindra Bank gets RBI nod for selling upto 10% to CPIIB  

    Private sector lender Kotak Mahindra Bank today said it has got Reserve Bank's approval for selling less than 10 per cent stake in the bank to Canada-based pension fund CPIIB.

    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 USD60 mn from Mediatek

    Paytm raises USD60 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

  • Tata Motors lines up new vehicles;to phase out legacy products

    Tata Motors lines up new vehicles;to phase out legacy products  

    The auto major is also working on a study on phasing out some of its models both in the passenger vehicle and commercial vehicle verticals.

    30 Aug 2016, 8.22 pm  |  Source: PTI

  • Future Lifestyle gets shareholders nod to raise Rs 500 cr

    Future Lifestyle gets shareholders nod to raise Rs 500 cr  

    The company has got shareholders' approval for the special resolution at its annual general meeting held yesterday to raise the said amount by issuing non-convertible debentures, the company said in a regulatory filing.

    30 Aug 2016, 7.40 pm  |  Source: PTI

  • Phones worth Rs 94K cr to be made in India in FY17: Prasad

    Phones worth Rs 94K cr to be made in India in FY17: Prasad  

    In volume terms, only six crore units of mobile phones were manufactured in 2014-15 in the country, which reached 11 crore units in 2015-16, rising 83 percent.

    30 Aug 2016, 7.40 pm  |  Source: PTI

  • Give people courage to fail so they can innovate: Nexus Venture

    Give people courage to fail so they can innovate: Nexus Venture  

    At CNBC-TV18's 11th edition of India Business Leader Awards, a panel discussion on diasporic Indian spoke on innovation. Naren Gupta of Nexus Venture Partners, Sunil Wadhwani of WISH Foundation and Rajan Navani, MD, JetSynthesys w...

    30 Aug 2016, 7.29 pm  |  Source: CNBC-TV18

  • Local airlines exempted from prior govt nod for code share

    Local airlines exempted from prior govt nod for code share  

    Coming out with a fresh set of guidelines, the watchdog said code share arrangement with an overseas carrier should be within the ambit of the bilateral Air Service Agreement (ASA) with the country concerned.

    30 Aug 2016, 7.24 pm  |  Source: PTI

  • Anuradha Rao appointed as MD, CEO of SBI Mutual Fund

    Anuradha Rao appointed as MD, CEO of SBI Mutual Fund  

    Prior to this, Rao was Deputy Managing Director at SBI handling New Business Portfolio. She has also worked as the Chief General Manager of personal banking at the bank.

    30 Aug 2016, 7.24 pm  |  Source: PTI

  • RBI allows foreign investors higher holding in Ultra Tech

    RBI allows foreign investors higher holding in Ultra Tech  

    The company passed resolutions at its board of directors level and a special resolution by the shareholders, agreeing to raising the limit for purchase of its equity shares by FIIs/RFPIs.

    30 Aug 2016, 7.24 pm  |  Source: PTI

  • India`s sugar output to fall by 3.7 MT due to droughts: Report

    India's sugar output to fall by 3.7 MT due to droughts: Report  

    Sugar production in Asia is expected to be significantly lower in the 2016-17 sugar season as the 2015 El Nino-induced drought pulled output down to a five-year low, a Rabo Bank report said.

    30 Aug 2016, 7.24 pm  |  Source: PTI

  • Driving consumption key for FMCG cos: Pepsi India CEO

    Driving consumption key for FMCG cos: Pepsi India CEO   

    While Shivakumar says PepsiCo has started giving healthier alternatives to its products, Ajay Kaul of Jubilant Foodworks says fast-food is a guilty pleasure for consumers and they don't mind indulging in moderation.

    30 Aug 2016, 6.49 pm  |  Source: CNBC-TV18

  • IMG to review status of Essar iron ore, Vedanta gold mine

    IMG to review status of Essar iron ore, Vedanta gold mine  

    Post-Auction Mining Clearances and Approvals Facilitator (PAMCAF), which is chaired by Mines Secretary, will meet on September 8, to review the status of seven mineral blocks, which have been successfully auctioned so far, a senio...

    30 Aug 2016, 6.22 pm  |  Source: PTI

  • DLF to relook biz model for housing segment

    DLF to relook biz model for housing segment  

    DLF's net debt rose by Rs 285 crore during the first quarter of the current fiscal to Rs 22,487 crore.

    30 Aug 2016, 6.22 pm  |  Source: PTI

  • New Jag sets record as fastest selling car for Tata JLR

    New Jag sets record as fastest selling car for Tata JLR  

    The new Jaguar F-Pace launched by Tata Motors-owned Jaguar Land Rover (JLR) last year has set a record as the fastest selling car in the company´┐Żs history.

    30 Aug 2016, 6.20 pm  |  Source: PTI

  • KVB to consider stock split at board meeting next month

    KVB to consider stock split at board meeting next month  

    Private sector Karur Vysya Bank (KVB) will consider stock split at meeting of the Board of Directors' next month.

    30 Aug 2016, 6.18 pm  |  Source: PTI

  • HomeCues merges with SBricks Castle Care

    HomeCues merges with SBricks Castle Care  

    The combined entity, which will henceforth be called as SBricks Castle Care Pvt Ltd, foresees a growing business opportunity in the market for facilities management, laundry and home services, among others, according to an SBricks...

    30 Aug 2016, 6.14 pm  |  Source: PTI

  • Foodpanda to raise funds for expansion

    Foodpanda to raise funds for expansion  

    Foodpanda, which had attained operational profitability early this year, is aiming to regulate and standardise the quality measures.

    30 Aug 2016, 6.14 pm  |  Source: PTI

  • Rel Comm to offer 300 minutes of 4G calling at Re 1

    Rel Comm to offer 300 minutes of 4G calling at Re 1  

    The Anil Ambani-led firm will bundle 300 minutes of app- to-app talking, valid for 30 days at Re 1, translating into 10 minutes usage per day under the limited period offer.

    30 Aug 2016, 5.08 pm  |  Source: PTI

  • Listing of Godrej Agrovet not in immediate future: Adi Godrej

    Listing of Godrej Agrovet not in immediate future: Adi Godrej  

    Godrej Group would look at listing animal feed and agri-business company Godrej Agrovet, though no time frame has been proposed for the exercise.

    30 Aug 2016, 5.00 pm  |  Source: PTI

  • Adani`s solar equipment mfg facility may commence by yr-end

    Adani's solar equipment mfg facility may commence by yr-end  

    Gautam Adani-led Adani Enterprises is expecting to commission the first phase of its solar power equipment facility being set up in Gujarat by year-end, a senior company official said.

    30 Aug 2016, 5.00 pm  |  Source: PTI

  • Why real estate developers are down but not out

    Why real estate developers are down but not out  

    Last week, the Supreme Court ordered two real estate giants DLF and Parsvnath Developers to compensate flat buyers for delay in delivery of houses in Chandigarh and Delhi, respectively. While it is bad for the real estate sector r...

    30 Aug 2016, 4.53 pm  |  Source: Moneycontrol.com

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