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Business News

  • Kitchen fittings giant Kohler has big plans for India

    Kitchen fittings giant Kohler has big plans for India   

    The immediate strategy for David Kohler, the President & CEO of US-based bath and kitchen fittings giant Kohler Co, is to strengthen its distribution footprint in the country

    29 Aug 2016, 10.19 pm  |  Source: CNBC-TV18

  • Saif Partners: Addressing booming employee costs for start-ups

    Saif Partners: Addressing booming employee costs for start-ups   

    Attracting senior talent at affordable salaries is a big challenge for Startups. And as more companies enter the hunt for such talent, early & growth stage VC firm Saif Partners is seeing an immense opportunity.

    29 Aug 2016, 10.06 pm  |  Source: CNBC-TV18

  • Govt defers mega spectrum auction by 2 days to Oct 1

    Govt defers mega spectrum auction by 2 days to Oct 1  

    Heeding to the industry's demand for starting spectrum auction from an auspicious date, government has deferred the mega sale of mobile frequencies by two days to October 1.

    29 Aug 2016, 9.50 pm  |  Source: PTI

  • AirAsia India Q2 loss narrows to Rs 21 crore

    AirAsia India Q2 loss narrows to Rs 21 crore  

    AirAsia India saw its net loss narrow to Rs 20.36 crore in the three months ended June amid the no-frills carrier raked in higher revenues during the same period.

    29 Aug 2016, 9.14 pm  |  Source: PTI

  • Rel Jio preview now available to Sony, Videocon smartphones

    Rel Jio preview now available to Sony, Videocon smartphones  

    The move comes within days of the telecom operator partnering handset makers like Gionee, Karbonn and Lava to reach out to potential customers in the country.

    29 Aug 2016, 8.38 pm  |  Source: PTI

  • Dhoni, PepsiCo end their decade-long association

    Dhoni, PepsiCo end their decade-long association  

    The decade-long partnership between beverages and snacks major PepsiCo and Indian cricket skipper in limited overs format Mahendra Singh Dhoni has come to an end.

    29 Aug 2016, 8.38 pm  |  Source: PTI

  • Crude may stay range-bound this year, aid inventory gains: IOC

    Crude may stay range-bound this year, aid inventory gains: IOC   

    In an interview to CNBC-TV18 after the company reported strong first quarter earnings, Ashok said he is hopeful crude prices will remain range-bound this year helping IOC limit inventory losses or even post inventory gains.

    29 Aug 2016, 7.57 pm  |  Source: CNBC-TV18

  • Govt to set new packaging standards for pharma exports

    Govt to set new packaging standards for pharma exports  

    The Centre has directed the Indian Institute of Packaging (IIP) to set new packaging standards for pharmaceutical exports to African and Asian countries.

    29 Aug 2016, 7.30 pm  |  Source: PTI

  • LIC sells 2% stake in fertiliser firm GNVFCL

    LIC sells 2% stake in fertiliser firm GNVFCL  

    State-owed insurer LIC has sold 2 percent stake in Gujarat Narmada Valley Fertilisers and Chemicals (GNVFCL) through open market transaction.

    29 Aug 2016, 7.30 pm  |  Source: PTI

  • Petrol cars to be 50% of overall sales in 2-3 years: Merc India

    Petrol cars to be 50% of overall sales in 2-3 years: Merc India   

    Mercedes-Benz India's Roland S Folger, Managing Director and Chief Executive Officer, says the company was able to move petrol variants allocated for other markets to India after news of the diesel ban in Delhi-NCR regions. These ...

    29 Aug 2016, 7.20 pm  |  Source: CNBC-TV18

  • DHFL`s NCD issue subscribed over 6 times on day 1

    DHFL's NCD issue subscribed over 6 times on day 1  

    Housing finance firm DHFL's issue of non-convertible debentures was subscribed by over six times on its first day today, generating a demand worth about Rs 12,645 crore.

    29 Aug 2016, 7.14 pm  |  Source: PTI

  • Tata group entities team up with world`s top universities

    Tata group entities team up with world's top universities  

    Tata group firms such as Tata Sons, TCS and JLR have signed agreements with the world's leading academic institutions, including Harvard University, to fund research and development opportunities.

    29 Aug 2016, 6.36 pm  |  Source: PTI

  • TCS recognised in leadership zones in new report by Zinnov

    TCS recognised in leadership zones in new report by Zinnov  

    India's Tata Consultancy Services, a leading global IT Services, consulting and business solutions organisation, today announced that it has been recognised in the leadership zones across several segments by a leading globalisati...

    29 Aug 2016, 6.36 pm  |  Source: PTI

  • NHAI awards Rs1,646-cr contract to Ashoka Buildcon,Ramky Infra

    NHAI awards Rs1,646-cr contract to Ashoka Buildcon,Ramky Infra  

    National Highways Authority of India (NHAI) has awarded contracts worth Rs 1,646 crore to Ashoka Buildcon and Ramky Infrastructure for building two highway projects in Jharkhand.

    29 Aug 2016, 6.36 pm  |  Source: PTI

  • Paytm`s Rs 2,000-cr funding deal likely in next few weeks

    Paytm's Rs 2,000-cr funding deal likely in next few weeks  

    Alibaba-backed Paytm is set to raise about USD 300 million (over Rs 2,000 crore) in a round of fresh funding from a clutch of investors, including Taiwanese semiconductor maker MediaTek and Goldman Sachs.

    29 Aug 2016, 6.36 pm  |  Source: PTI

  • Goldman Sach subsidiary sells stake in Max Ventures

    Goldman Sach subsidiary sells stake in Max Ventures  

    Goldman Sach subsidiary Xenok and Mauritius based GS Mace Holdings have together sold over 2.09 percent stake in Max Ventures and Industries.

    29 Aug 2016, 6.36 pm  |  Source: PTI

  • Monsanto in HC against CCI order

    Monsanto in HC against CCI order  

    Justice Sanjeev Sachdeva today listed the matter for hearing on August 31 after advocate Ajit Warrier, appearing for Monsanto, said they were filing an application for adding more grounds to their challenge to the Competition Comm...

    29 Aug 2016, 6.36 pm  |  Source: PTI

  • Creditors okays debt recast plan of Renuka Sugar`s Brazil arm

    Creditors okays debt recast plan of Renuka Sugar's Brazil arm  

    At present, RdB has a liabilities including bank debt of about Rs 4,700 crore and the same would get reduced to about Rs 3,300 crore.

    29 Aug 2016, 6.36 pm  |  Source: PTI

  • Will know impact of Brexit on IT industry only in Q2: Nasscom

    Will know impact of Brexit on IT industry only in Q2: Nasscom   

    Nasscom president R Chandrashekhar told CNBC-TV18's Rukmini Rao earlier today that only by the end of the second quarter will a clear picture emerge on the extent of Brexit's impact.

    29 Aug 2016, 6.12 pm  |  Source: CNBC-TV18

  • Address water problem to plan hydro projs execution: NHPC

    Address water problem to plan hydro projs execution: NHPC  

    NHPC Executive Director AB Agrawal while participating in a panel discussion on 'Development of Hydro Projects: Issues and Possible Solutions' stressed on educating the masses and policymakers on benefits of hydropower and the nee...

    29 Aug 2016, 5.30 pm  |  Source: PTI

  • IDBI Bank pares stake in CARE to 3.4% for Rs 100 cr

    IDBI Bank pares stake in CARE to 3.4% for Rs 100 cr  

    State-owned IDBI Bank today said it has cut its stake in rating agency CARE to 3.40 percent from 6.12 percent.

    29 Aug 2016, 5.30 pm  |  Source: PTI

  • Revised Indo-Mauritius tax treaty to curb tax evasion: FinMin

    Revised Indo-Mauritius tax treaty to curb tax evasion: FinMin  

    The revised tax treaty with Mauritius, which allows India to tax capital gains on investments routed through the island nation, will tackle round tripping of funds and curb tax evasion, Finance Ministry said today.

    29 Aug 2016, 5.30 pm  |  Source: PTI

  • Avantha completes stake sale of CGCEL to Advent, Temasek

    Avantha completes stake sale of CGCEL to Advent, Temasek  

    Crompton Greaves Consumer Electricals'(CGCEL)erstwhile promoter Avantha Group today said it has transferred all the shares in the company to complete its stake sale to private equity firms Advent International and Temasek.

    29 Aug 2016, 5.30 pm  |  Source: PTI

  • Tata Motors unveils petrol version of Tiago in Nepal

    Tata Motors unveils petrol version of Tiago in Nepal  

    The vehicle, powered by the Revotron 1.2L petrol engine, can now be booked across the country, Tata Motors said in a statement.

    29 Aug 2016, 4.34 pm  |  Source: PTI

  • Audi launches petrol-powered A6 Matrix priced at Rs 52.75 lakh

    Audi launches petrol-powered A6 Matrix priced at Rs 52.75 lakh  

    The new model comes with various new features including seven-speed transmission and an advanced infotainment system.

    29 Aug 2016, 4.16 pm  |  Source: PTI

  • NABARD sanctions Rs 204.67 cr for Haryana

    NABARD sanctions Rs 204.67 cr for Haryana  

    Nabard has sanctioned Rs 57.49 crore for a 10 MW Photo Voltaic Solar Power Plant at Panipat Thermal Power Station (PTPS), Panipat.

    29 Aug 2016, 4.12 pm  |  Source: PTI

  • India fastest-growing business for Uber, co commits more

    India fastest-growing business for Uber, co commits more  

    Uber Asia (Head of Business) Eric Alexander said the company started its business three years ago in Bengaluru and is now operating in over 20 cities.

    29 Aug 2016, 4.04 pm  |  Source: PTI

  • Plea to RBI, SEBI to intervene to stop SBT-SBI merger

    Plea to RBI, SEBI to intervene to stop SBT-SBI merger  

    The government should desist from the merger move, taking into consideration the views of the people, Kerala Assembly, MPs from the state and stakeholders, including customers and shareholders, the union said in a statement here t...

    29 Aug 2016, 4.00 pm  |  Source: PTI

  • Adi Godrej pitches for low rates under GST

    Adi Godrej pitches for low rates under GST   

    "Now, we are going to finalise the GST rates of taxes. And some people are talking about higher rates that will be very much against the interests of the economy. So, reasonable and low rates will be the best for the economy," he ...

    29 Aug 2016, 4.00 pm  |  Source: PTI

  • Notion Press raises $1 mn in funding from HNIs

    Notion Press raises $1 mn in funding from HNIs  

    The deal will help Chennai-based Notion Press consolidate market leadership, strengthen management team and expand services in the market, a company release said.

    29 Aug 2016, 4.00 pm  |  Source: PTI

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