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  • Bank strike likely on Feb 28, may dent services

    Bank strike likely on Feb 28, may dent services  

    Operations at public sector banks may be hit on Tuesday as most unions under the aegis of UFBU have threatened to go on strike to press for various demands, including accountability of top executives in view of mounting bad loans ...

    26 Feb 2017, 1.34 pm  |  Source: PTI

  • Eight of top 10 cos add Rs 66,708 cr in m-cap; RIL shines

    Eight of top 10 cos add Rs 66,708 cr in m-cap; RIL shines  

    Eight of the 10 most valued Indian companies together added Rs 66,707.68 crore in market valuation last week, with RIL emerging as the biggest gainer.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • `Mumbai richest Indian city with total wealth of USD 820 bn`

    'Mumbai richest Indian city with total wealth of USD 820 bn'  

    India's financial capital Mumbai, which is home to 46,000 millionaires and 28 billionaires, is the richest Indian city with a total wealth of USD 820 billion, says a report.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • 5 major telcos optimum for Indian mkt: Telecom Secy JS Deepak

    5 major telcos optimum for Indian mkt: Telecom Secy JS Deepak  

    The fresh round of consolidation unfolding in the Indian telecom market is likely to yield five major players ensuring "enough competition but not fragmentation of spectrum", Telecom Secretary J S Deepak said.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • ArcelorMittal plans solar farm on steel plant land in K`taka

    ArcelorMittal plans solar farm on steel plant land in K'taka  

    World's largest steelmaker ArcelorMittal may set up a solar farm on land alloted to it for the proposed 6 MT Karnataka project in view of excess global steel capacity and delays in securing raw materials.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • Green panel nod to SAIL`s Tasra washery project in Jharkhand

    Green panel nod to SAIL's Tasra washery project in Jharkhand  

    A green panel has recommended environment clearance (EC) to state-owned steel major SAIL for construction of a pit head coking coal washery in its Tasra Coal Block in Dhanbad, Jharkhand.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • More fresh products, localisation VW`s top priority in India

    More fresh products, localisation VW's top priority in India  

    German auto major Volkswagen is working to bring more feature-packed fresh products every year to India while revving up localisation instead of trying to compete in the highly competitive mass market segment.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • Odisha govt withdraws tax sops to IOC`s Pradip refinery

    Odisha govt withdraws tax sops to IOC's Pradip refinery  

    In a big jolt to Indian Oil, the Odisha government has withdrawn tax incentives given to the Rs 34,555-crore Paradip refinery, making the company reconsider its plans to invest another Rs 52,000 crore in the state.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • States must adopt model Bill to keep shops open 24x7: Assocham

    States must adopt model Bill to keep shops open 24x7: Assocham  

    Industry body Assocham has urged the Centre to impress upon states to adopt the Model Shops and Establishments Bill, thereby allowing small and medium scale shops to remain open for all seven days.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • NMDC`s Rs 18k cr steel plant may be completed by Dec

    NMDC's Rs 18k cr steel plant may be completed by Dec  

    Facing year-long delay, the Rs 18,000 crore integrated steel plant of state-owned iron ore miner NMDC, coming up at Nagarnar in Chhattisgarh, is likely to be completed by December.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • End of the road for Maruti`s popular hatchback Ritz

    End of the road for Maruti's popular hatchback Ritz  

    Country's largest carmaker Maruti Suzuki India (MSI) has stopped selling one of its popular hatchbacks Ritz in both domestic and international markets.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • `BRICS Bank to finance technological innovation projects`

    'BRICS Bank to finance technological innovation projects'  

    The New Development Bank (NDB) set up by the BRICS plans to provide lending to technological innovation projects, its vice president Zhu Xian has said.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • More wind power projects to go under hammer next fiscal

    More wind power projects to go under hammer next fiscal  

    Buoyed by drop in tariff to record low of Rs 3.46 per unit in the first auction of wind power, the government is mulling putting on the block more such projects next fiscal.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • Paytm throws lifeline to Snapdeal, Stayzilla ex-staffers

    Paytm throws lifeline to Snapdeal, Stayzilla ex-staffers  

    With hundreds of employees being handed out pink slips by companies such as Snapdeal and Stayzilla, rival e-commerce firm Paytm is walking into the ring by offering generous job offers to laid-off staffers.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • Godrej Interio eyes Rs 400-cr turnover from mattress segment

    Godrej Interio eyes Rs 400-cr turnover from mattress segment  

    Godrej Interio, the furniture arm of Godrej Group, is looking to double its mattress segment turnover up to Rs 400 crore in the next three years.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • Final call on strategic divestment of SAIL units by September

    Final call on strategic divestment of SAIL units by September  

    The government is likely to take a final call on strategic disinvestment of three SAIL units by September, and due diligence is already on for the same.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • HTT in talks with 5 states for high-speed travel network

    HTT in talks with 5 states for high-speed travel network  

    US-based Hyperloop Transportation Technologies (HTT) is in talks with five Indian states to build a high-speed travel network and will also raise USD 100 million to invest in the country.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • CBEC seeks exporters` feedback on drawback rates post GST

    CBEC seeks exporters' feedback on drawback rates post GST  

    The revenue department has sought views of industry and exporter bodies on duty drawback rates for exports following implementation of GST from July.

    26 Feb 2017, 12.52 pm  |  Source: PTI

  • Odisha registers 7.94% growth, 82 lakh people cross BPL

    Odisha registers 7.94% growth, 82 lakh people cross BPL  

    Odisha has registered a gross state domestic product (GSDP) growth rate of 7.94 per cent in 2016-17 against the national average of 7.1 per cent, besides registering a big reduction in the rate of poverty.

    26 Feb 2017, 12.42 pm  |  Source: PTI

  • Democracy liberal enough in UK for defaulters to stay: Jaitley

    Democracy liberal enough in UK for defaulters to stay: Jaitley  

    Finance Minister Arun Jaitley today said democracy is liberal enough in the UK to permit defaulters to stay here and that "normal" needs to be cracked, in an apparent reference to liquor baron Vijay Mallya, who is wanted in India ...

    26 Feb 2017, 12.42 pm  |  Source: PTI

  • Coal India arm NLC approves Rs 1,244-cr share buyback plan

    Coal India arm NLC approves Rs 1,244-cr share buyback plan  

    World's largest coal producer Coal India today said the board of its arm Northern Coalfield has approved a share buyback plan worth Rs 1,244 crore.

    26 Feb 2017, 12.38 pm  |  Source: PTI

  • Jain Irrigation to raise USD 75 mn via FCCBs

    Jain Irrigation to raise USD 75 mn via FCCBs  

    Jain Irrigation Systems plans to raise up to USD 75 million through foreign currency convertible bonds (FCCBs) mainly for redemption of existing bonds.

    26 Feb 2017, 12.38 pm  |  Source: PTI

  • Here are highlights from Momentum Jharkhand Summit

    Here are highlights from Momentum Jharkhand Summit   

    Here are some highlights from Jharkhand's global investor summit - Momentum Jharkhand - in Ranchi. Hundreds of delegates including leading industrialists and cabinet ministers were present at the event.

    25 Feb 2017, 5.19 pm  |  Source: CNBC-TV18

  • Stents pricing: Govt asks hospitals to make prompt refunds

    Stents pricing: Govt asks hospitals to make prompt refunds  

    No action will be taken against hospitals under the scanner for overcharging on stents if they refund the money to patients before receiving a demand notice, drug price regulator NPPA said.

    25 Feb 2017, 5.02 pm  |  Source: PTI

  • What Paytm boss Sharma`s tweet tells us about the startup space

    What Paytm boss Sharma's tweet tells us about the startup space  

    Even as tech startups continue to make "errors in execution", as the Snapdeal founders said in a letter to their employees, Alibaba-backed Paytm is in the pink of health.

    25 Feb 2017, 4.28 pm  |  Source: Moneycontrol.com

  • L&T arm bags Rs 1,100 cr contract from IOC

    L&T arm bags Rs 1,100 cr contract from IOC  

    Larsen and Toubro Hydrocarbon Engineering on Saturday said it has bagged orders worth Rs 1,100 crore from IOC for its Bongaigaon refinery in Assam.

    25 Feb 2017, 3.26 pm  |  Source: PTI

  • No plans to launch app-based taxi service, clarifies Reliance

    No plans to launch app-based taxi service, clarifies Reliance  

    Billionaire Mukesh Ambani-led Reliance Industries has no plans to launch an app-based taxi service as the company sees no logic in diversifying into unrelated sectors.

    25 Feb 2017, 3.26 pm  |  Source: PTI

  • China third-party mobile payments climbs to USD 5.5 trillion

    China third-party mobile payments climbs to USD 5.5 trillion  

    Driven by the explosive growth of Internet finance, China is now witnessing a boom on mobile payment market which touched a whopping USD 5.5 trillion last year.

    25 Feb 2017, 3.26 pm  |  Source: PTI

  • Independent directors should get ESOPs: HDFC’s Keki Mistry

    Independent directors should get ESOPs: HDFC’s Keki Mistry  

    The cases of Infosys and Tata Sons have raised several questions of trust within the board, the role of independent directors and issues relating to resolution of conflict

    25 Feb 2017, 1.12 pm  |  Source: Forbes India

  • We are IPO-ready; need 6-8 mnths for spade work: New India

    We are IPO-ready; need 6-8 mnths for spade work: New India   

    In his Budget speech this year, Finance Minister Arun Jaitley had announced that the government is keen on listing the public sector general companies. As planned, the insurance companies have kick-started their preparations for a...

    25 Feb 2017, 12.53 pm  |  Source: CNBC-TV18

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