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  • FSSAI to test honey samples to revise standards: Sources

    FSSAI to test honey samples to revise standards: Sources   

    Around 10 market samples will be collected by FSSAI from 5 major players in distribution and manufacture of honey namely, Dabur, Patanjali, Baidyanath, Khadi and Himalayan.

    24 Aug 2016, 1.56 pm  |  Source: CNBC-TV18

  • SBI to raise up to Rs 11,100 cr via perpetual debt

    SBI to raise up to Rs 11,100 cr via perpetual debt   

    Anshula Kant, Deputy Managing Director and CFO of SBI said move is part of the the bank's plans to raise capital.

    24 Aug 2016, 1.55 pm  |  Source: CNBC-TV18

  • Rice prices to be 14-15% higher than last year: KRBL

    Rice prices to be 14-15% higher than last year: KRBL   

    Even if the company does not receive any big order from the government, it will close at minimum growth of 10 percent, says Anil Mittal, CMD of the company.

    24 Aug 2016, 1.54 pm  |  Source: CNBC-TV18

  • TCS settles Orange County lawsuit for $26 mn; shares down

    TCS settles Orange County lawsuit for $26 mn; shares down  

    "TCS and Orange County have agreed to settle an ongoing dispute regarding the joint development of a Property Tax Management System," a TCS spokesperson said.

    24 Aug 2016, 1.52 pm  |  Source: PTI

  • Quikr acquires ZapLuk to scale up beauty, wellness business

    Quikr acquires ZapLuk to scale up beauty, wellness business  

    Under its services vertical, QuikrServices, Quikr will now offer a full range of on-demand home beauty services to consumers in multiple cities including Bengaluru, Delhi, Mumbai, Chennai, Gurgaon and Hyderabad, the company said.

    24 Aug 2016, 1.52 pm  |  Source: PTI

  • Strides Shasun gets USFDA tentative nod for Ranitidine tablets

    Strides Shasun gets USFDA tentative nod for Ranitidine tablets  

    In a BSE filing, Strides Shasun said "it has received approval from the US Food and Drug Administration (USFDA) for Ranitidine tablets USP, 150 mg and 300 mg".

    24 Aug 2016, 1.08 pm  |  Source: PTI

  • Welspun issue spillover not a concern for Indo Count, says ED

    Welspun issue spillover not a concern for Indo Count, says ED   

    None of Indo Count’s clients have asked for clarification on quality, says Kailash Lalpuria, Executive Director the company adding that a robust system is already in place for quality control.

    24 Aug 2016, 12.41 pm  |  Source: CNBC-TV18

  • Idea-Vodafone possible merger: 3 key challenges that may hurt

    Idea-Vodafone possible merger: 3 key challenges that may hurt  

    Credit Suisse is cautious that while any consolidation in the sector is positive, Idea-Vodafone merger will not be an easy one given that there is significant overlap between the two.

    24 Aug 2016, 12.17 pm  |  Source: Moneycontrol.com

  • CII favours short-term protection of steel industry

    CII favours short-term protection of steel industry  

    "If protection is temporary, it is acceptable. In the long term it (country) has to do away with the protections," CII president Naushad Forbes said here today in a media interaction.

    24 Aug 2016, 11.46 am  |  Source: PTI

  • BSNL waives installation charges

    BSNL waives installation charges  

    Mahuli told reporters in Aizawl that the customers could avail of new landline connection by paying monthly charges of just Rs 49 for first six months and the customers, after the expiry of six months would be charged monthly plan...

    24 Aug 2016, 11.46 am  |  Source: PTI

  • Jubilant Life gets USFDA nod for hypertension tablets

    Jubilant Life gets USFDA nod for hypertension tablets  

    In a BSE filing, the company said "it has received Abbreviated New Drug Application (ANDA) final approval for Telmisartan Tablets, USP 20,40 and 80mg, the generic version of Micardis Tablets of Boehringer Ingelheim Pharmaceuticals...

    24 Aug 2016, 11.24 am  |  Source: PTI

  • Welspun crisis unlikely to affect textile stocks: Capital Mind

    Welspun crisis unlikely to affect textile stocks: Capital Mind   

    The recent scrutiny into Indian textiles sector following Target severing ties with Welspun over wrongly labelled cotton sheets will only benefit the country’s textile segment, said Deepak Shenoy, Founder of Capital Mind.

    24 Aug 2016, 11.09 am  |  Source: CNBC-TV18

  • BP unit selling up to $261 million stake in Castrol India

    BP unit selling up to $261 million stake in Castrol India  

    The BP unit is selling shares at between Rs 385 to Rs 415.5 apiece, the termsheet showed. Shares of Castrol India ended flat at 416.80 rupees on Tuesday.

    24 Aug 2016, 10.20 am  |  Source: Reuters

  • NTPC raises Rs 800 cr via debentures

    NTPC raises Rs 800 cr via debentures  

    "NTPC has raised Rs 800 crore on August 23, 2016 through private placement of secured non-convertible debentures at a coupon of 7.58 per cent per annum with a door to door maturity of 10 years," the company has informed BSE.

    24 Aug 2016, 9.38 am  |  Source: PTI

  • Odisha targets 1,000 startups in five years

    Odisha targets 1,000 startups in five years  

    The Odisha Startup Policy (OSP), 2016, will be unveiled by Chief Minister Naveen Patnaik at an investors meet in Bengaluru next month.

    24 Aug 2016, 9.36 am  |  Source: PTI

  • Hero launches 17 cycles priced up to Rs 15,000

    Hero launches 17 cycles priced up to Rs 15,000  

    BSH Ventures' manufacturing plant in Sri Lanka, which was acquired by the company, will be the manufacturing base for Hero Sprint Pro line of products.

    24 Aug 2016, 9.14 am  |  Source: PTI

  • CSC-HP deal gets Competition Commission nod

    CSC-HP deal gets Competition Commission nod  

    Under the deal, announced in May, CSC would merge with Everett Spinco - a wholly-owned subsidiary of Hewlett Packard Enterprise (HPE) that holds the enterprise service business.

    24 Aug 2016, 9.14 am  |  Source: PTI

  • Govt inks MoUs with firms to enhance quality of job services

    Govt inks MoUs with firms to enhance quality of job services  

    The Ministry has implemented National Career Service (NCS) project through which it aims to provide employment related services to youths using technology.

    24 Aug 2016, 9.14 am  |  Source: PTI

  • DB Realty CFO Nagamallesh Gattu resigns

    DB Realty CFO Nagamallesh Gattu resigns  

    In a filing to BSE, the Mumbai-based developer said that "Nagamallesh Gattu resigned as CFO and key managerial personnel (KMP) of the company".

    24 Aug 2016, 9.12 am  |  Source: PTI

  • Manpasand Beverages sets up new facility in Ambala

    Manpasand Beverages sets up new facility in Ambala  

    "The company has invested Rs 160 crore for setting up this plant which will result in the production going up by 45,000-50,000 cases per day," Manpasand Beverages Chairman and Managing Director Dhirendra Singh told PTI.

    24 Aug 2016, 7.40 am  |  Source: PTI

  • Meida.net`s Bhavin Turakhia on how they sealed the mega deal

    Meida.net's Bhavin Turakhia on how they sealed the mega deal   

    Media.net, the company which runs advertisements on Yahoo and Bing has been bought for a whopping USD 900 million dollars.

    23 Aug 2016, 10.33 pm  |  Source: CNBC-TV18

  • Customers still trust physical bank branches more: Bandhan Bank

    Customers still trust physical bank branches more: Bandhan Bank   

    Speaking to CNBC-TV18 on the occasion, Founder and Chairman Chandra Shekar Ghosh says although the bank is capable of offering digital banking services, a large chunk of its customer base still seeks physical branch banking facili...

    23 Aug 2016, 10.31 pm  |  Source: CNBC-TV18

  • DIPAM relaxes conflict of interest clause for SUUTI bankers

    DIPAM relaxes conflict of interest clause for SUUTI bankers  

    After merchant bankers raised concerns, the Finance Ministry has diluted the conflict of interest clause for bankers managing SUUTI stake sale while also deciding to expand the panel of bankers for the issue.

    23 Aug 2016, 9.44 pm  |  Source: PTI

  • Sahara says `devious attempt` to lower price of its hotels

    Sahara says 'devious attempt' to lower price of its hotels  

    Embattled Sahara group today said there is a "devious attempt" to lower the price for its marquee hotels and disturb the sentiment of potential bidders, amid reports that a bidder has reduced the offer price for the properties...

    23 Aug 2016, 9.44 pm  |  Source: PTI

  • Centre to make operational 50 no-frills airports in 3 years

    Centre to make operational 50 no-frills airports in 3 years  

    The government will make operational as many as 50 green-field and brown-field airports over the next three years as part of its plans to improve regional connectivity and make flying affordable for the common man, and at leas...

    23 Aug 2016, 9.44 pm  |  Source: PTI

  • Mobile broadband important in India for customer loyalty:Study

    Mobile broadband important in India for customer loyalty:Study  

    Mobile broadband experience is important in India and Brazil for winning loyalty of smartphone customers, a global study by telecom gear firm Ericsson has said.

    23 Aug 2016, 9.44 pm  |  Source: PTI

  • Idea Cellular denies report on merger talks with Vodafone

    Idea Cellular denies report on merger talks with Vodafone  

    India's No 3 mobile phone carrier, Idea Cellular, strongly denied a news report on Tuesday that it was in exploratory talks about a merger with larger rival Vodafone India.

    23 Aug 2016, 9.38 pm  |  Source: Reuters

  • Chinese investors buy ad tech startup Media.net for $900 million

    Chinese investors buy ad tech startup Media.net for $900 million  

    Advertising technology startup Media.net, founded by tech entrepreneur Divyank Turakhia, said on Monday it had been acquired for about USD 900 million by a group of Chinese investors.

    23 Aug 2016, 9.27 pm  |  Source: Reuters

  • RJio extends free 4G service to Samsung Z2 handset

    RJio extends free 4G service to Samsung Z2 handset  

    Reliance Industries telecom unit Rel Jio today said it has extended the free 4G service to the newly launch Samsung Z2 handset, making the offer available to more than 45 smartphone models of the South Korean tech major.

    23 Aug 2016, 8.40 pm  |  Source: PTI

  • Flights from Ahmedabad to Gulf can skip Pak airspace

    Flights from Ahmedabad to Gulf can skip Pak airspace  

    Indian carriers operating from Ahmedabad to Gulf can now avoid flying over Pakistan airspace and take a new route over Arabian sea, even as regulator DGCA said the 'straightening' of the path has been done to save fuel and not...

    23 Aug 2016, 8.40 pm  |  Source: PTI

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