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  • Amazon to mint fat profits, hit rivals on the back of pvt labels

    Amazon to mint fat profits, hit rivals on the back of pvt labels  

    Earlier this month Amazon launched its exclusive men's clothing brand called Symbol, it already has AmazonBasics, which caters to affordable and sturdy consumer electronics and technology products.

    29 Sep 2016, 8.55 am  |  Source: Moneycontrol.com

  • New formula mooted by Jayant Sinha to resolve NTPC land

    New formula mooted by Jayant Sinha to resolve NTPC land  

    The Union Minister said under the proposal it was decided though NTPC was given three coal blocks at Pakri Barwadi, Keredari and Chatti Bariatu in Hazaribagh district, it would start coal mining in Pakri Barwadhi for which the rai...

    29 Sep 2016, 8.32 am  |  Source: PTI

  • Domestic pharma firms facing challenging environment: Cipla

    Domestic pharma firms facing challenging environment: Cipla  

    "The environment for domestic pharma companies remains challenging with more products coming under price control and other pressures such as government legislation to ban certain fixed dose combination drugs," Cipla Chairman Y K H...

    29 Sep 2016, 8.32 am  |  Source: PTI

  • JP Group to convert loan into equity

    JP Group to convert loan into equity  

    Shareholders of Jaiprakash Associates Ltd (JAL) approved the "option to convert loans, debentures or other borrowings/debt of the company into equity shares/securities of the company," it said in a regulatory filing.

    29 Sep 2016, 7.38 am  |  Source: PTI

  • Air Canada to start Mumbai-Toronto flight from July 2017

    Air Canada to start Mumbai-Toronto flight from July 2017  

    "The new flights to Mumbai will compliment the four time non-stop direct weekly service between Delhi and Toronto, which will become a daily service on November 6, 2016 as also the introduction of a seasonal thrice a week service ...

    29 Sep 2016, 7.38 am  |  Source: PTI

  • ED has asked HDFC Bank to freeze one current account: FTIL

    ED has asked HDFC Bank to freeze one current account: FTIL  

    "... as informed by HDFC Bank to us, the Directorate of Enforcement, Mumbai, has requested HDFC Bank to provide the bank account statement of a current account of the company and requested the bank to provisionally freeze the said...

    29 Sep 2016, 7.38 am  |  Source: PTI

  • Proud of India`s firm stand to boycott SAARC Summit: Ratan Tata

    Proud of India's firm stand to boycott SAARC Summit: Ratan Tata  

    "So proud of Indian govt's firm stand on bycot of SARC mtg & overwhelming support by member nations (sic)," Tata tweeted.

    29 Sep 2016, 7.38 am  |  Source: PTI

  • GAIL buys three LNG cargoes for Nov-Dec: Sources

    GAIL buys three LNG cargoes for Nov-Dec: Sources  

    Gas firm GAIL (India) Ltd has bought three cargoes of liquefied natural gas (LNG) for deliveries in November and December, two trade source said.

    28 Sep 2016, 10.20 pm  |  Source: Reuters

  • Vistra ITCL releases 2 lakh pledged shares of Edelweiss

    Vistra ITCL releases 2 lakh pledged shares of Edelweiss  

    Vistra ITCL (India) Ltd, formerly IL&FS Trust Company, has released 2 lakh pledged shares of Edelweiss Financial Services.

    28 Sep 2016, 10.18 pm  |  Source: PTI

  • Apple to sell iPhone 7, iPhone 7 Plus on Flipkart

    Apple to sell iPhone 7, iPhone 7 Plus on Flipkart  

    Customers can pre-order the phones from Thursday, September 29 at 23:59 hours from the company's website, Flipkart said in a statement.

    28 Sep 2016, 10.18 pm  |  Source: PTI

  • Need a loan? Moneytap app can help you with it now

    Need a loan? Moneytap app can help you with it now  

    Moneytap's new app-based credit line service went live on Wednesday. The app allows users to know their credit eligibility, limit and get a loan between Rs 3,000 and Rs 5 lakh within a matter of minutes.

    28 Sep 2016, 10.16 pm  |  Source: CNBC-TV18

  • Air India, Air Austral enter into code share pact

    Air India, Air Austral enter into code share pact  

    The pact would enable Air India to code share on the French airline's flights on the Chennai-Reunion-Chennai sector as well as on routes including Reunion to Johannesburg, Seychelles, Mauritius and Madagascar.

    28 Sep 2016, 9.18 pm  |  Source: PTI

  • Srei Infrastructure raises Rs 350 crore via NCDs

    Srei Infrastructure raises Rs 350 crore via NCDs  

    The public issue involved 25,00,000 secured redeemable non-convertible debentures of face value of Rs 1,000 each aggregating up to Rs 2,500 crore (the base issue) with an option to retain oversubscription up to the shelf limit of ...

    28 Sep 2016, 9.16 pm  |  Source: PTI

  • Jio says COAI`s `back door operator` remark contempt of court

    Jio says COAI's 'back door operator' remark contempt of court  

    All the forums within the COAI, of which Reliance Jio is also a member, are "controlled by the incumbent dominant operators owing to their disproportionate voting rights," the statement said.

    28 Sep 2016, 9.16 pm  |  Source: PTI

  • Rationalise taxes for debt-laden telecom players: Study

    Rationalise taxes for debt-laden telecom players: Study  

    The joint paper by Assocham and KPMG said the operators are grappling with a huge debt burden of Rs 3.80 lakh crore, "reinforcing a case for rationalisation of taxes and other levies along with spectrum charges".

    28 Sep 2016, 8.32 pm  |  Source: PTI

  • DHL Express to increase rates by 6.9% in India

    DHL Express to increase rates by 6.9% in India  

    DHL Express, an international express courier service provider, today announced the average price increase of 6.9 per cent in India with effect from January 1, 2017.

    28 Sep 2016, 8.26 pm  |  Source: PTI

  • Manappuram Finance raises Rs 150 crore via NCDs

    Manappuram Finance raises Rs 150 crore via NCDs  

    Primarily a gold loan company based in Kerala, Manappuram Finance has now diversified into other financial business also like microfinance, vehicle and housing finance, and SME lending.

    28 Sep 2016, 8.14 pm  |  Source: PTI

  • BlackBerry to outsource handsets, will halt production

    BlackBerry to outsource handsets, will halt production  

    Handsets with the BlackBerry name will be produced under license by PT Tiphone Mobile Indonesia Tbk, allowing the Canadian firm to concentrate on software and services, a statement by the firms said.

    28 Sep 2016, 8.14 pm  |  Source: PTI

  • India selling 7% stake in miner Hindustan Copper

    India selling 7% stake in miner Hindustan Copper  

    India is selling a 7 percent stake in state-run Hindustan Copper Ltd in stock market deals over two days to Friday, potentially raising the government 4.02 billion rupees (USD 60.5 million).

    28 Sep 2016, 7.41 pm  |  Source: Reuters

  • ING likely to sell $300 million Kotak Mahindra stake: Term Sheet

    ING likely to sell $300 million Kotak Mahindra stake: Term Sheet  

    Dutch financial services company ING Group is selling a USD 300 million stake in Indian lender Kotak Mahindra Bank Ltd in a block trade on Thursday, according to a deal term sheet seen by Reuters.

    28 Sep 2016, 7.34 pm  |  Source: Reuters

  • Sebi orders attachment of bank,demat a/c of Mahadev Industries

    Sebi orders attachment of bank,demat a/c of Mahadev Industries  

    The latest order comes after the company could not pay the fine imposed by the regulator for failing to resolve over 400 investor grievances and not registering with the regulator's online complaint redressal system, SCORES.

    28 Sep 2016, 7.10 pm  |  Source: PTI

  • Nandan Denim to raise Rs 100 crore via convertible warrants

    Nandan Denim to raise Rs 100 crore via convertible warrants  

    Nandan Denim Ltd said it will be issue 25 lakh fully convertible warrants each to Foreign Portfolio Investors (FPIs) -- LTS Investment Fund Ltd and LGOF Global Opportunities Ltd -- at Rs 200 each.

    28 Sep 2016, 7.10 pm  |  Source: PTI

  • Pricebaba.com crosses 100 million visitor milestone

    Pricebaba.com crosses 100 million visitor milestone  

    With a growing consumer electronics & e-commerce market in India, increasing number of consumers are relying on the internet to research and find products. Pricebaba fills this gap with a comprehensive engine that answers what to ...

    28 Sep 2016, 7.10 pm  |  Source: PTI

  • Amazon inks content licensing deal with T-Series

    Amazon inks content licensing deal with T-Series  

    Seventeen under-production films of T-Series will first be showcased to subscribers of Prime Video before their television premiere.

    28 Sep 2016, 7.08 pm  |  Source: PTI

  • Brewer AB InBev shareholders approve takeover of SABMiller

    Brewer AB InBev shareholders approve takeover of SABMiller  

    AB InBev, the brewer of Budweiser and Stella Artois, is already the world's top brewer and the SABMiller acquisition for USD 104 billion is in line to be the third largest merger in history.

    28 Sep 2016, 7.08 pm  |  Source: PTI

  • Sun Pharma, Lupin recall over 41.5 thousand drug bottles in US

    Sun Pharma, Lupin recall over 41.5 thousand drug bottles in US  

    Sun Pharmaceutical Industries Inc is recalling 12,109 bottles of Carvediol tablets USP used for treatment of high blood pressure, according to the latest Enforcement Report of the US Food and Drug Administration (USFDA).

    28 Sep 2016, 7.08 pm  |  Source: PTI

  • Videocon plans to offer pan-India mobile services as VNO

    Videocon plans to offer pan-India mobile services as VNO  

    A VNO provides telecom services like mobile landline and Internet, but only as a retailer for full-fledged telecom operators such as BSNL and Airtel.

    28 Sep 2016, 7.08 pm  |  Source: PTI

  • TN to build Auto-IT cluster to enhance global competitiveness

    TN to build Auto-IT cluster to enhance global competitiveness   

    Tamil Nadu is keen on building an Auto-IT bridge cluster to consolidate its strengths which are software capabilty as well as automobile and components manufacting. K Pandiarajan tells CNBC-TV18 that this cluster will make Tamil N...

    28 Sep 2016, 7.01 pm  |  Source: CNBC-TV18

  • Mahindra Agri Solutions invests in startup MeraKisan

    Mahindra Agri Solutions invests in startup MeraKisan  

    Mahindra Univeg today announced investment in Mera Kisan, an e-commerce startup.

    28 Sep 2016, 7.00 pm  |  Source: PTI

  • India`s solar dream intact, despite WTO`s whip on local sourcing

    India's solar dream intact, despite WTO's whip on local sourcing  

    A report by Bridge to India suggests that the Indian government had unnecessarily wasted time and money on pursuing a protectionist policy and its repeal by the WTO may in fact be helpful in the long-term.

    28 Sep 2016, 5.02 pm  |  Source: Moneycontrol.com

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