The combined company is expected to have annual revenue of more than USD 30 billion, the companies said.The combined company is expected to have annual revenue of more than USD 30 billion, the companies said.
27 Oct 2016, 4.17 pm | Source: Reuters
Owing to a strong pipeline of movies and screen additions, PVR should post healthy earnings for the remaining quarters of FY17, says Chairman and Managing Director Ajay Bijli.
27 Oct 2016, 4.04 pm | Source: CNBC-TV18
"The intention was a good intention and Tatas tried to fulfil that intention. Anyway we could not have done it. I think he needs credit for having attempted it," Bhargava told reporters here.
27 Oct 2016, 3.38 pm | Source: PTI
The service called 'Money2India Europe' verifies the credentials of the customers over video call from Money2India Europe website. The website is owned by ICICI Bank UK Plc.
27 Oct 2016, 3.38 pm | Source: PTI
Strength in all three business – broking, asset management and housing finance – along with a favourable business mix helped post a strong second quarter says Raamdeo Agrawal, Joint MD at Motilal Oswal Financial Services.
27 Oct 2016, 3.30 pm | Source: CNBC-TV18
For the half-year period ending September 30, 2016, the net profit of the company remained flat at Rs 81.91 crore compared to Rs 81.70 crore registered during the year ago period, a company statement said.
27 Oct 2016, 3.16 pm | Source: PTI
"This is to inform you that we have sold 12,43,62,408 equity shares of Rs 10 each in Essar Shipping (ESL), representing 60.09 percent of the equity share capital of ESL to Essar Africa Steel Holdings Ltd, by way of inter-se transf...
27 Oct 2016, 2.48 pm | Source: PTI
Mistry raised "ethical concerns" in Tata group's aviation joint venture with AirAsia and alleged that forensic investigation revealed fraudulent transactions of Rs 22 crore involving non-existent entities in India and Singapore.
27 Oct 2016, 2.38 pm | Source: PTI
Mandatory minimum fares and other price restrictions The need to use more expensive, less fuel efficient cars Prohibitive permit fees --- drivers will need to pay upto Rs 2.61 lakh to get a permit and Uber has to pay Rs 50 lakh pe...
27 Oct 2016, 2.35 pm | Source: NEWS18.com
In an interview to CNBC-TV18, MP Taparia, MD of Supreme Industries spoke about the results and his outlook for the company.
27 Oct 2016, 2.28 pm | Source: CNBC-TV18
The number of FPIs with Sebi approval increased to 5,626 at the end of August from 4,311 in March-end, reflecting an addition of 1,315 such investors, latest data from the Securities and Exchange Board of India (Sebi) showed.
27 Oct 2016, 2.14 pm | Source: PTI
These comments come against the backdrop of the high-profile Tata-Mistry case, with stock exchanges seeking clarifications from various group companies, including Tata Steel and Tata Power, after purported disclosure of around USD...
27 Oct 2016, 2.04 pm | Source: PTI
The coins are currently available at all MMTC outlets across India along with select branches of seven banks - Indian Overseas Bank, Vijaya Bank, Federal Bank, Yes Bank, Andhra Bank, ICICI Bank and HDFC Bank, a finance ministry st...
27 Oct 2016, 1.36 pm | Source: PTI
"As a cloud-native company, Sanovi will strengthen our resiliency portfolio to manage broad range of applications, data, and IT systems of our clients, balancing digital and hybrid cloud transformation with increased regulatory co...
27 Oct 2016, 1.16 pm | Source: PTI
The GSMA also elected the new members of the 26-member Board and re-elected Mari-Noëlle Jego-Laveissiere, Executive Vice President, Innovation, Orange Group as Deputy Chair for the two-year period.
27 Oct 2016, 1.15 pm | Source: NEWS18.com
In an interview to CNBC-TV18, Ajay Kaul, CEO of Jubilant Foodworks spoke about the results and his outlook for the company.
27 Oct 2016, 12.58 pm | Source: CNBC-TV18
Speaking to CNBC-TV18, Ravi Chawla, MD of Guld Oil said that they have 8-9 percent share in the Bazaar market and the company expect this to increase by 1-2 percent on back of the tie-up in next 2-3 years.
27 Oct 2016, 12.57 pm | Source: CNBC-TV18
The branded apparel business continues to post losses for Raymond. But the group's Chief Financial Officer Sanjay Bahl says the company has a long term focus on branded business and is trying to build economies of scale in the bus...
27 Oct 2016, 12.08 pm | Source: CNBC-TV18
Mistry's emailed parting shot, leaked late on Wednesday, turned into a viral sensation in India by Thursday morning, captivating readers on social media and prompting shocked headlines in leading dailies, as the government told po...
27 Oct 2016, 12.03 pm | Source: Reuters
"The financial statements of the company are prepared as a going concern basis and present a true and fair view of the state of the affairs of the company,” Tata Steel said in a letter to the Bombay Stock Exchange (BSE) and the ...
27 Oct 2016, 11.59 am | Source: Moneycontrol.com
In a BSE filing, Sun Pharmaceutical Industries said "its wholly owned subsidiary has launched in US, the authorized generic versions for all strengths of Benicar, Benicar HCT, Azor and Tribenzor of Daiichi Sankyo Inc".
27 Oct 2016, 11.58 am | Source: PTI
Sources tell CNBC-TV18’s Nisha Poddar that SBI is meeting today to take stock of the bank’s exposure to Tata Group companies in case there are write-offs.
27 Oct 2016, 11.48 am | Source: CNBC-TV18
Speaking to CNBC-TV18, SK Dubey, MD of PNB Gilts said that company's current book is at Rs 4500 crore and it has sufficient margin to increase book if opportunities come.
27 Oct 2016, 11.23 am | Source: CNBC-TV18
"The board of directors of the company, in its meeting held on October 26, 2016, approved an investment of up to Rs 205 crore, in one or more tranches, for approximately 26-30 percent shareholding in Ather Energy Private Ltd," Her...
27 Oct 2016, 11.14 am | Source: PTI
The exchanges made the procedural request after the former chairman of parent Tata Sons Ltd, Cyrus Mistry, on Wednesday said the group could face an USD18 billion writedown, partly related to the acquisition of its European steel ...
27 Oct 2016, 11.01 am | Source: Reuters
July-September quarter saw reversal in the trend, says Ramkumar Krishnamachari, CFO of Just Dial.
27 Oct 2016, 10.59 am | Source: CNBC-TV18
In the previous regime under Ratan Tata, he says minority shareholders did not make wealth. But under Mistry, there was a focus on maximising stakeholder wealth.
27 Oct 2016, 10.53 am | Source: CNBC-TV18
Sources have told CNBC-TV18's Kritika Saxena that Ratan Tata is in the process of conducting an in-depth performance evaluation of group companies that will span over two months.
27 Oct 2016, 10.43 am | Source: CNBC-TV18
The main concern is for the minority shareholders who have not been given any concrete reason for Mistry’s removal, said Anil Singhvi of Ican Investment Advisors. The company should have been more responsible in the way things w...
27 Oct 2016, 10.30 am | Source: CNBC-TV18
"The company is moving ahead, having already invested more than 3.3 billion dollar to date, and still proposes to start the construction stage in the third quarter of 2017," the company's spokesperson said, but added that the unce...
27 Oct 2016, 10.28 am | Source: PTI