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  • Crisil assigns ratings to Sterlite Power`s InvIT

    Crisil assigns ratings to Sterlite Power's InvIT  

    Ratings agency Crisil has assigned its first rating CCR AAA to the Rs 2,500 crore InvIT by Sterlite Power Grid Ventures (SPGVL) which has been given approved by market regulator Sebi.

    04 Dec 2016, 2.58 pm  |  Source: PTI

  • BigBasket eyes Rs 2Kcr rev this fiscal; profits by Mar `18

    BigBasket eyes Rs 2Kcr rev this fiscal; profits by Mar '18  

    With people becoming comfortable buying even milk and bread online, e-grocery platform BigBasket today said it has seen 300 per cent growth in revenue in the past one year and expects to cross the Rs 2,000 crore-milestone by the f...

    04 Dec 2016, 2.26 pm  |  Source: PTI

  • US-based bathing brand NoRinse eyes $2 mn India sales by Mar`17

    US-based bathing brand NoRinse eyes $2 mn India sales by Mar'17  

    US-based waterless bathing brand NoRinse, which entered India earlier this year, is eyeing a turnover of USD 2 million by March 2017.

    04 Dec 2016, 2.14 pm  |  Source: PTI

  • Retailers asked to accept old Rs 500 note for recharges: COAI

    Retailers asked to accept old Rs 500 note for recharges: COAI  

    Amid complaints about non-acceptance of old Rs 500 notes for mobile recharges at some places, cellular operators body COAI has said the companies have given strict guidelines to accept these notes from customers but retailers and ...

    04 Dec 2016, 2.14 pm  |  Source: PTI

  • ONGC crosses daily production target; revises annual goal

    ONGC crosses daily production target; revises annual goal  

    State-run oil behemoth ONGC has crossed its daily production target of 16,200 tonnes per day and has accordingly revised its annual goal upward to 5.9 million tonnes for this fiscal.

    04 Dec 2016, 2.14 pm  |  Source: PTI

  • Tata Housing enters Noida market, ties up with Lotus Greens

    Tata Housing enters Noida market, ties up with Lotus Greens  

    Expanding presence in Delhi-NCR,Tata Group's real estate arm Tata Housing has forayed into the Noida market by partnering with local builder Lotus Greens for a housing project.

    04 Dec 2016, 1.22 pm  |  Source: PTI

  • Tata Golobal Bev expects Q3 sales hit following demonetisation

    Tata Golobal Bev expects Q3 sales hit following demonetisation  

    Tata Global Beverages Ltd (TGBL) may see some impact on sales in the ongoing Oct-Dec quarter due to destocking of products following the government's surprise demonetisation move.

    04 Dec 2016, 1.22 pm  |  Source: PTI

  • Jio opposed to PoI discussion at association forum: COAI

    Jio opposed to PoI discussion at association forum: COAI  

    Mobile operators' association COAI has told a parliamentary panel that its efforts to anchor a meeting over contentious inter-connect issue failed to take off after Jio held that its intervention is not warranted on a "bilateral m...

    04 Dec 2016, 1.22 pm  |  Source: PTI

  • India extends steel floor price to Feb 4 to curb cheap imports

    India extends steel floor price to Feb 4 to curb cheap imports  

    India has yet again extended the floor price of imports of steel products for a further two months as the government tries to protect the domestic industry from cheap overseas shipments, especially from China.

    04 Dec 2016, 1.11 pm  |  Source: Reuters

  • Info Edge ups stake in VCare Tech to 14.77%

    Info Edge ups stake in VCare Tech to 14.77%  

    Info Edge (India) Ltd, which owns leading job listings website Naukri.com, today said it has invested an additional Rs 10 million in VCare Technologies, taking its total stake in the company to 14.77 per cent.

    04 Dec 2016, 12.58 pm  |  Source: PTI

  • Passenger vehicle sales to grow 7-9% in 2017: Fitch

    Passenger vehicle sales to grow 7-9% in 2017: Fitch  

    Passenger vehicle (PV) sales in India is likely to grow in the range of 7-9 per cent next year on the back of low fuel prices and an accommodative monetary policy stance by the Reserve Bank of India, according to global rating fir...

    04 Dec 2016, 12.12 pm  |  Source: PTI

  • DS Group eyes 20-24% revenue growth this fiscal

    DS Group eyes 20-24% revenue growth this fiscal  

    Diversified firm Dharampal Satyapal Group (DS Group) expects its revenue to grow by 20-24 percent this fiscal with food and beverage and mouth freshener businesses driving the growth.

    04 Dec 2016, 12.12 pm  |  Source: PTI

  • Voylla eyes Rs 300 crore turnover in 2-3 yrs

    Voylla eyes Rs 300 crore turnover in 2-3 yrs  

    Fashion jewellery brand Voylla is eyeing up to Rs 300-crore turnover in 2-3 years as it builds its retail presence across the country.

    04 Dec 2016, 12.12 pm  |  Source: PTI

  • 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

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