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  • Zydus can launch ulcer drug in US, patent litigation settled

    Zydus can launch ulcer drug in US, patent litigation settled  

    Drug firm Zydus Cadila today said the patent litigation relating to Allergan's Delzicol, used to treat ulcerative colitis, has been settled.

    03 Dec 2016, 1.10 pm  |  Source: PTI

  • Get Rich: Build portfolio like a pro

    Get Rich: Build portfolio like a pro  

    With the roll-out of the demonetisation scheme and global factors like Italy referendum, markets are choppy. But, this is the time to repose trust in good stocks and build a solid portfolio. CNBC-TV18's new show 'Get Rich' educate...

    03 Dec 2016, 12.00 pm  |  Source: CNBC-TV18

  • Deutsche Bank to pay $60 mn to settle US gold price-fixing case

    Deutsche Bank to pay $60 mn to settle US gold price-fixing case  

    Deutsche Bank AG has agreed to pay USD 60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense.

    03 Dec 2016, 10.26 am  |  Source: Reuters

  • Top exits in internet companies in India this week

    Top exits in internet companies in India this week  

    The passing month saw a few consumer tech companies announce exits of their CXOs.

    03 Dec 2016, 10.18 am  |  Source: Moneycontrol.com

  • Pradhan proposes Rs 900 crore 2G Ethanol Plant in Odisha

    Pradhan proposes Rs 900 crore 2G Ethanol Plant in Odisha  

    Union Minister Dharmendra Pradhan today proposed a 2G Ethanol Plant in Bargarh district at an investment of Rs 900 crore and suggested the Odisha government to develop Paradip on the lines of Jurong island of Singapore.

    02 Dec 2016, 10.16 pm  |  Source: PTI

  • Cash crunch not a worry for grocery e-tailer BigBasket

    Cash crunch not a worry for grocery e-tailer BigBasket   

    While the demonetisation scheme is acting as a hurdle for many sectors, for BigBasket it is a blessing in disguise. The company has upped its revenue projection by 20 percent in the financial year 2017.

    02 Dec 2016, 10.13 pm  |  Source: CNBC-TV18

  • Mallya PMLA case: Court confirms Rs 1,411 attachment order

    Mallya PMLA case: Court confirms Rs 1,411 attachment order  

    A special anti-money laundering court here has confirmed an attachment of assets order worth Rs 1,411 crore issued by the ED against UBHL and others in connection with its money laundering probe against liquor baron Vijay Mall...

    02 Dec 2016, 10.00 pm  |  Source: PTI

  • Core Diagnostics gets $12mn funding from investors

    Core Diagnostics gets $12mn funding from investors  

    Core Diagnostics has received USD 12 million (around Rs 82 crore) funding from various investors including US-based F-Prime Capital Partners.

    02 Dec 2016, 9.24 pm  |  Source: PTI

  • ItzCash ties up with 100 cos for pre-paid cards

    ItzCash ties up with 100 cos for pre-paid cards  

    Digital payments facilitator ItzCash has signed up with 100 small- and large-sized companies to offer pre-loaded salary cards for their employees in the wake of cash withdrawal limits from banks post ban on Rs 500/1000 notes.

    02 Dec 2016, 9.24 pm  |  Source: PTI

  • Amul to launch camel milk in next 3 months

    Amul to launch camel milk in next 3 months  

    With food safety regulator FSSAI setting new standards for camel milk, dairy major GCMMF, which sells products under the Amul brand, today said it will launch camel milk in the next three months.

    02 Dec 2016, 9.24 pm  |  Source: PTI

  • RuPay card usage jumps 118% in 1st week of demonetisation

    RuPay card usage jumps 118% in 1st week of demonetisation  

    RuPay card usage jumped by over 118.6 per cent in the week following demonetisation that took effect from November 8 mid-night while the overall debit and credit card transactions recorded an increase of 70.5 per cent.

    02 Dec 2016, 9.24 pm  |  Source: PTI

  • BoB raises Rs 1,000 cr; SB of Travancore eyes Rs 600 cr

    BoB raises Rs 1,000 cr; SB of Travancore eyes Rs 600 cr  

    Public sector player Bank of Baroda has raised Rs 1,000 crore by issuing bonds that are compliant with global capital adequacy norms or Basel III.

    02 Dec 2016, 9.24 pm  |  Source: PTI

  • DCB Bank launches Cippy Wallet app for `cash free` payments

    DCB Bank launches Cippy Wallet app for 'cash free' payments  

    Hopping on to the cashless drive, new generation private lender DCB Bank today launched Cippy Wallet app for digital payments.

    02 Dec 2016, 9.24 pm  |  Source: PTI

  • HCC board approves equity, debt issuance under S4A

    HCC board approves equity, debt issuance under S4A  

    Infrastructure major Hindustan Construction Company (HCC) today approved the issuance of equity shares as well as optionally convertible debentures (OCDs) worth about Rs 2,000 crore to the lenders, under the scheme for sustain...

    02 Dec 2016, 9.24 pm  |  Source: PTI

  • Telcos gross revenue up 12% at Rs 73,344 cr in Apr-Jun

    Telcos gross revenue up 12% at Rs 73,344 cr in Apr-Jun  

    Gross revenue of telecom service providers rose by 12.79 per cent to Rs 73,344 crore in April-June 2016 period compared to a year ago period.

    02 Dec 2016, 9.24 pm  |  Source: PTI

  • Smart Beta a respite for investors in times of volatility

    Smart Beta a respite for investors in times of volatility  

    In the recent years, there is an increasing number of passive investment products to capture the potential benefits of factor investing (also referred to as “Smart Beta”) as well as the transparency and cost effectiveness of p...

    02 Dec 2016, 8.49 pm  |  Source: Moneycontrol.com

  • I was happier when I lost money: Japan`s richest man

    I was happier when I lost money: Japan's richest man  

    SoftBank CEO Masayoshi Son recounts his childhood, his perception of wealth and why he is betting big on robots.

    02 Dec 2016, 8.38 pm  |  Source: Moneycontrol.com

  • JSPL plant`s ancillary industries can create 50K jobs: Jindal

    JSPL plant's ancillary industries can create 50K jobs: Jindal  

    More than 50,000 jobs can be created by developing ancillary industries of Jindal Steel and Power Limited (JSPL) plant at Angul in Odisha for which over Rs 35,000 crore has already been invested, company chairman Naveen Jindal...

    02 Dec 2016, 8.14 pm  |  Source: PTI

  • Rs 2.5 lakh crore won`t come back into banking system: SBI

    Rs 2.5 lakh crore won't come back into banking system: SBI  

    In a report, the Economic Research Department of State Bank of India (SBI) said "around Rs 2.5 lakh crore on a conservative basis will not be coming back into the system".

    02 Dec 2016, 8.14 pm  |  Source: PTI

  • Rabi sowing: Wheat, pulses acreage up despite notes ban

    Rabi sowing: Wheat, pulses acreage up despite notes ban  

    Cash crunch due to demonetisation of high value notes notwithstanding, sowing area under wheat has risen 14 per cent to 174 lakh hectares while that of pulses is up 13 per cent to 113 lakh hectares so far in the current Rabi (...

    02 Dec 2016, 7.24 pm  |  Source: PTI

  • Coal minister says no value in splitting Coal India

    Coal minister says no value in splitting Coal India  

    Reuters reported on Wednesday that according to a presentation by senior government officials, a proposal has been mooted to break up of the country's Coal India monopoly into seven different companies.

    02 Dec 2016, 7.17 pm  |  Source: Reuters

  • Sugar production up 17% at 27.41 lakh tonnes in Oct-Nov

    Sugar production up 17% at 27.41 lakh tonnes in Oct-Nov  

    India's sugar production rose by 17 per cent at 27.41 lakh tonnes during the first two months of the current marketing year that started in October on the back of higher output in Uttar Pradesh, according to industry data.

    02 Dec 2016, 7.04 pm  |  Source: PTI

  • COMMENT: Visible signs of green shoots in auto sales

    COMMENT: Visible signs of green shoots in auto sales  

    There was an unusual excitement about monthly auto sales numbers this time around. Not just equity analysts and investors tracking auto stocks, but economists and corporate circles too were eagerly awaiting November sales data for...

    02 Dec 2016, 6.52 pm  |  Source: Moneycontrol.com

  • API imports from China move up to 65% in 2015-16

    API imports from China move up to 65% in 2015-16  

    In 2015-16, India imported APIs worth Rs 13,853.20 crore, 65.29 per cent of the total import, Minister of Chemicals and Fertilisers KVP Ramachandra said in Rajya Sabha.

    02 Dec 2016, 6.28 pm  |  Source: PTI

  • Former BoB CMD Mallya joins Milestone`s Board as Ind Dir

    Former BoB CMD Mallya joins Milestone's Board as Ind Dir  

    Milestone Capital Advisors today announced appointment of former chairman and managing director of Bank of Baroda M D Mallya as Independent Director on its board.

    02 Dec 2016, 6.28 pm  |  Source: PTI

  • Demonetisation: Govt not stopping cash; it is a nudge to go digital, says Prasad

    Demonetisation: Govt not stopping cash; it is a nudge to go digital, says Prasad   

    The government’s demonetisation drive is a three-pronged attempt to target black money, stifle terror funding and pushing citizens to go digital, said Ravi Shankar Prasad, Minister of Information Technology. “We are not stoppi...

    02 Dec 2016, 6.13 pm  |  Source: CNBC-TV18

  • Kotak Mahindra Bank sharpens digital mode post demonetisation

    Kotak Mahindra Bank sharpens digital mode post demonetisation  

    "Our focus is on multiple digital assets. In our bank, the digital banking adoption rate is 35 per cent, which is pretty high among the industry," chief digital officer of Kotak Mahindra Bank Deepak Sharma said.

    02 Dec 2016, 6.12 pm  |  Source: PTI

  • Telcos performance has improved on call drop benchmarks: Sinha

    Telcos performance has improved on call drop benchmarks: Sinha  

    There has been a "consistent improvement" in performance of telecom service providers in meeting the benchmark for call drop parameters, as per regulator Trai's quarterly reports between September 2015 and June 2016, teh Rajya...

    02 Dec 2016, 6.12 pm  |  Source: PTI

  • Hyundai sales dip marginally in November

    Hyundai sales dip marginally in November  

    Hyundai Motor India Ltd (HMIL) today reported a marginal decline in total sales at 57,093 units in November compared to 57,659 units in the same month last year.

    02 Dec 2016, 6.12 pm  |  Source: PTI

  • Will surpass $10 bn investment commitment for India: SoftBank

    Will surpass $10 bn investment commitment for India: SoftBank  

    "We have already invested USD 2 billion in last few years... we will surpass my commitment of investing USD 10 billion," SoftBank Chairman and Chief Executive Masayoshi Son said at the HT Leadership Summit here.

    02 Dec 2016, 6.12 pm  |  Source: PTI

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