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  • Never received any money from NSEL`s profit, says FTIL

    Never received any money from NSEL's profit, says FTIL  

    Embattled Financial Technologies has told shareholders that it never got any money from NSEL's profit and also cautioned them against vested interests spreading rumours about the government order on merging the bourse with the com...

    25 Sep 2016, 4.00 pm  |  Source: PTI

  • Loss-making cos get more leeway in deciding managerial pay

    Loss-making cos get more leeway in deciding managerial pay  

    Loss-making corporates now have more freedom in deciding managerial salaries, with the government hiking the stipulated executive pay limit under the companies law.

    25 Sep 2016, 2.58 pm  |  Source: PTI

  • ICICI Bank eyes 5 million transactions via voice-recognition

    ICICI Bank eyes 5 million transactions via voice-recognition  

    ICICI Bank has said it has brought 32 lakh customers under the voice recognition service for phone banking and is aiming to conduct 50 lakh transactions via this facility by the end of this fiscal.

    25 Sep 2016, 1.32 pm  |  Source: PTI

  • Puravankara to raise up to Rs 1,500 crore via debentures

    Puravankara to raise up to Rs 1,500 crore via debentures  

    Realty firm Puravankara Projects plans to raise up to Rs 1,500 crore by issuing non-convertible debentures for execution of its projects.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • Himalaya to hire 1,000 people, eyes Rs 2,500 cr revenue in FY18

    Himalaya to hire 1,000 people, eyes Rs 2,500 cr revenue in FY18  

    Maintaining over 20 percent CAGR, wellness firm Himalaya Drug Company is looking at Rs 2,500 crore revenue next fiscal and plans to hire around 1,000 people as it enters new verticals and expands distribution network.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • Direct sellers mull steps to check online sales sans consent

    Direct sellers mull steps to check online sales sans consent  

    Direct sellers such as Amway, Tupperware and Network Communications, are mulling steps to prevent the selling of their products on online marketplaces without their consent in the wake of new guidelines issued by the government.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • Deutsche Boerse to set IT infra for BSE International Exchange

    Deutsche Boerse to set IT infra for BSE International Exchange  

    Leading stock exchange BSE has roped in markets operator Deutsche Boerse to set up trading infrastructure for BSE International Exchange at Gujarat International Finance Tec-City (GIFT) city.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • L&T Shipbuilding eyes Rs 9k-cr orders in 3 yrs, mostly from Navy

    L&T Shipbuilding eyes Rs 9k-cr orders in 3 yrs, mostly from Navy  

    L&T Shipbuilding, part of the USD 16-billion engineering conglomerate Larsen & Toubro (L&T), is eyeing around Rs 9,000 crore orders over the next three years, mostly from the Navy.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • Indian drug formulation market grows 15.3% in August

    Indian drug formulation market grows 15.3% in August  

    The domestic formulation drug market grew by 15.3 percent in August to Rs 9,643 crore over the corresponding month last year.

    25 Sep 2016, 12.52 pm  |  Source: PTI

  • 7th Pay panel award to spur savings more than consumption: UBS

    7th Pay panel award to spur savings more than consumption: UBS  

    Global brokerage UBS has taken a contrarian line to the general view that the 7th Pay panel award would boost demand, saying the move is expected to drive savings more than consumption.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • Barclays looking at India as a fintech innovation hub

    Barclays looking at India as a fintech innovation hub  

    British lender Barclays is keen on being a research and development engine for financial services industry and is making significant investments in this space, according to Barclays India Chief Operating Officer Ram Gopal.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • ONGC Board approves pact to take stake in GSPC gas block

    ONGC Board approves pact to take stake in GSPC gas block  

    The Board of state-owned ONGC has approved signing of a preliminary agreement for buying a stake in Gujarat government firm GSPC's KG basin gas block.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • Now, Uber, Ola start services for govt officers

    Now, Uber, Ola start services for govt officers  

    Cab aggregators Uber and Ola are breaking new ground as they have started providing taxi services to government departments at special rates.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • E-commerce cos` GMV to touch $1.5-1.7 billion in Oct: RedSeer

    E-commerce cos' GMV to touch $1.5-1.7 billion in Oct: RedSeer  

    Festive sales are expected to help e-commerce companies register transactions worth $1.5-1.7 billion in October, according to research firm RedSeer Consulting.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • Haier India eyes 30% increase in sales this year on good demand

    Haier India eyes 30% increase in sales this year on good demand  

    Consumer appliances and electronic goods maker Haier India is eyeing 30 percent increase in sales this year on the back of higher demand during the festive season.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • Food services industry set to reach $77 bn by 2021: Report

    Food services industry set to reach $77 bn by 2021: Report  

    Country's food services industry is expected to touch $77 billion (about Rs 4,98,130 crore) by 2021, growing at an annual rate of 10 percent, a recent report said.

    25 Sep 2016, 11.36 am  |  Source: PTI

  • Maruti Suzuki introduces `MS Dhoni inspired` Alto spl edition

    Maruti Suzuki introduces 'MS Dhoni inspired' Alto spl edition  

    The special editions of Alto800 and AltoK10 cars are part of the carmaker's association with the upcoming movie 'M S Dhoni - The Untold Story' which is based on the life of limited over cricket skipper M S Dhoni.

    24 Sep 2016, 6.20 pm  |  Source: PTI

  • Has carved a niche in crowded FMCG market: ITC on Patanjali

    Has carved a niche in crowded FMCG market: ITC on Patanjali   

    The head of ITC's food division VL rajesh has nothing but praise for Patanjali. In an interview with CNBC-TV18 he said he is amazed at how Patanjali has managed to carve a niche for itself in the crowded FMCG market.

    24 Sep 2016, 12.22 pm  |  Source: CNBC-TV18

  • Patanjali to foray into dairy sector: Ramdev

    Patanjali to foray into dairy sector: Ramdev  

    "Patanjali is set to enter the dairy business and in this financial year, production will start in three dairy plants - one each in Maharashtra, Karnataka and Uttar Pradesh," Ramdev said while addressing a two-day national seminar...

    24 Sep 2016, 10.04 am  |  Source: PTI

  • Indigo, GoAir made parties in Mallya case

    Indigo, GoAir made parties in Mallya case  

    The objections were filed after Airbus failed to repay Rs 196 crore, availed by the aircraft-making company on behalf of Mallya-controlled Kingfisher Airlines Limited.

    24 Sep 2016, 10.04 am  |  Source: PTI

  • Marriott topples Taj Group to become top brand post merger

    Marriott topples Taj Group to become top brand post merger  

    With this acquisition, the Taj Group, with over 14,000 rooms, has slipped to second slot. Prior to the merger, Marriott was the fourth largest hotel brand in the country while Starwood was the fifth.

    24 Sep 2016, 10.04 am  |  Source: PTI

  • NSEL case: ED arrests Director of Ludhiana firm

    NSEL case: ED arrests Director of Ludhiana firm  

    Kailash Agarwal, Director of Ludhiana-based ARK Imports, was arrested under the provisions of the Prevention of Money Laundering Act (PMLA) for allegedly not cooperating in the investigations in the case.

    24 Sep 2016, 10.04 am  |  Source: PTI

  • RCF chalks out Rs 15,000-crore worth of projects

    RCF chalks out Rs 15,000-crore worth of projects  

    Government-run Rashtriya Chemicals and Fertilizers (RCF) today said it has taken up over Rs 15,000 crore worth of projects in domestic as well as international markets.

    24 Sep 2016, 9.54 am  |  Source: PTI

  • First Rafale to land in India within 3-years: Thales Group CEO

    First Rafale to land in India within 3-years: Thales Group CEO   

    Speaking to CNBC-TV18 on the Rafale deal and the possibility that may open up for both countries, Patrice Caine, Chairman and CEO, Thales Group, said there is potential of French companies transferring technology to Indian counter...

    23 Sep 2016, 9.49 pm  |  Source: CNBC-TV18

  • Auction: RCom, Aircel to bid separately, 5 others also in fray

    Auction: RCom, Aircel to bid separately, 5 others also in fray  

    Telecom operators Reliance Communications and Aircel, which announced their merger about a week ago, will bid separately in the upcoming mega-spectrum auction where all the seven applicants have made it to the final list of bi...

    23 Sep 2016, 8.50 pm  |  Source: PTI

  • Ready to manufacture Rafale in India: Dassault CEO

    Ready to manufacture Rafale in India: Dassault CEO  

    With the deal for 36 Rafale jets in kitty, Dassault Aviation CEO Eric Trappier today said the French company is game for the 'Make in India' initiative and open to manufacturing the fighter aircraft in India if the plane is sh...

    23 Sep 2016, 8.50 pm  |  Source: PTI

  • BCCI made Rs 111 crore surplus during last fiscal

    BCCI made Rs 111 crore surplus during last fiscal  

    The BCCI made a surplus of Rs 111.83 crore in the last fiscal, a dip of over Rs 55 crore as compared to the previous one, said its Treasurer Anirudh Chaudhry.

    23 Sep 2016, 8.50 pm  |  Source: PTI

  • Canara Bank to raise Rs 1,128 cr via rights issue

    Canara Bank to raise Rs 1,128 cr via rights issue  

    State-owned Canara Bank today said it plans to raise up to Rs 1,128 crore through rights issue to fund business growth.

    23 Sep 2016, 8.50 pm  |  Source: PTI

  • Dena Bank raises Rs 400 cr via Basel III compliant bonds

    Dena Bank raises Rs 400 cr via Basel III compliant bonds  

    State-owned Dena Bank has raised Rs 400 crore by issuing Basel III compliant tier II bonds.

    23 Sep 2016, 8.50 pm  |  Source: PTI

  • Auto industry creates jobs but not too many permanent ones

    Auto industry creates jobs but not too many permanent ones   

    A CNBC-TV18 analysis has revealed that in the last financial year, while the country’s top 4 automakers – Maruti Suzuki, Tata Motors, M&M and Hero MotoCorp – together created over 13,000 new jobs – an overwhelming 70 perce...

    23 Sep 2016, 8.40 pm  |  Source: CNBC-TV18

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