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  • Reader`s Digest asked to pay Rs 5 lakh for `dishonest` marketing

    Reader's Digest asked to pay Rs 5 lakh for 'dishonest' marketing  

    The Delhi consumer commission has directed popular magazine Reader's Digest to pay Rs 5 lakh to an 86-year-old lady and deposit Rs 50 lakh as punitive damage with the Consumer Welfare Fund of the state for running a "deceptive...

    06 Dec 2016, 7.32 pm  |  Source: PTI

  • Airtel Africa COO Ragunath Mandava elevated as MD, CEO

    Airtel Africa COO Ragunath Mandava elevated as MD, CEO  

    Telecom operator Bharti Airtel today announced top level changes for its African operations by promoting Chief Operating Officer Raghunath Mandava as Managing Director and CEO of Airtel Africa.

    06 Dec 2016, 7.08 pm  |  Source: PTI

  • Lupin gets USFDA nod to market skin ointment

    Lupin gets USFDA nod to market skin ointment  

    Drug major Lupin has received approval from the US health regulator to market generic Desoximetasone ointment, used to treat inflammation and itching, in the American market.

    06 Dec 2016, 7.08 pm  |  Source: PTI

  • Bank of Baroda decreases MCLR by 20 basis points

    Bank of Baroda decreases MCLR by 20 basis points  

    State-run Bank of Baroda today reduced its marginal cost based lending rates (MCLR) by 20 basis points for various tenors.

    06 Dec 2016, 7.08 pm  |  Source: PTI

  • Panasonic to set up refrigerator plant in Haryana

    Panasonic to set up refrigerator plant in Haryana  

    Home appliances and consumer electronics company Panasonic India today said it has invested Rs 115 crore to set up a manufacturing plant at Jhajjar, Haryana, to locally produce refrigerators.

    06 Dec 2016, 7.08 pm  |  Source: PTI

  • De Beers invests $5 mn to expand diamond grading unit in Guj

    De Beers invests $5 mn to expand diamond grading unit in Guj  

    De Beers, a member of the Anglo American group, today said it has invested USD 5 million in expansion of its diamond grading and testing centre at Surat in Gujarat.

    06 Dec 2016, 6.24 pm  |  Source: PTI

  • Future, LT Foods in pact to distribute, market rice

    Future, LT Foods in pact to distribute, market rice  

    Kishore Biyani-led Future Consumer Ltd has entered into a pact with LT Foods Ltd and Genoa Rice Mills Private Ltd for sourcing, marketing and distribution of rice.

    06 Dec 2016, 6.24 pm  |  Source: PTI

  • Demonetisation: Customers line up to settle unpaid bills, power cos eye windfall

    Demonetisation: Customers line up to settle unpaid bills, power cos eye windfall  

    "The government has mandated that the old notes of Rs 500 and Rs 1000 denominations can be used by the citizens to pay pending utility bills which will help DISCOMs due to their huge backlog of unpaid bills," the report said.

    06 Dec 2016, 6.11 pm  |  Source: Moneycontrol.com

  • Housing.com to re-enter rental space in early 2017

    Housing.com to re-enter rental space in early 2017  

    With a likley spur in the home rentals business, especially on the back of demonetisation, property portal Housing.com has decided to re-enter the segment from early 2017.

    06 Dec 2016, 6.08 pm  |  Source: PTI

  • Ind directors were appreciative of Mistry`s work: Tata Power

    Ind directors were appreciative of Mistry's work: Tata Power  

    Ahead of its EGM on December 26 to seek removal of Cyrus Mistry from the board, Tata Power today said its independent directors were appreciative of his performance in two meetings held in March 2015 and March 2016.

    06 Dec 2016, 6.08 pm  |  Source: PTI

  • HDFC Life forays into micro-insurance space

    HDFC Life forays into micro-insurance space  

    Private insurer HDFC Life has forayed into micro-insurance segment by launching two products, Jeevan Suraksha and Credit Suraksha to provide financial security at a nominal cost.

    06 Dec 2016, 5.00 pm  |  Source: PTI

  • Tata planning to keep UK Port Talbot plant operational: report

    Tata planning to keep UK Port Talbot plant operational: report  

    Indian steel giant Tata Steel is planning to keep its Port Talbot plant in South Wales, the UK's biggest steelworks, fully operational, a media report said today.

    06 Dec 2016, 5.00 pm  |  Source: PTI

  • E-retail, allied sectors to create 1.45 mn jobs by 2021: Report

    E-retail, allied sectors to create 1.45 mn jobs by 2021: Report  

    Logistics and warehousing sector is expected to be the largest contributor creating direct employment opportunities for about 1 million, while e-tailing is expected to add 0.4 million high-skilled jobs by 2021, the study titled 'I...

    06 Dec 2016, 3.54 pm  |  Source: PTI

  • Uber launches UberFLEET app for fleet owners in 29 cities

    Uber launches UberFLEET app for fleet owners in 29 cities  

    Uber on December 6 launched uberFLEET, an android app, for its fleet-partners in India. The uberFLEET app is designed to improve the overall productivity for fleet owners by making the process of managing drivers more efficient an...

    06 Dec 2016, 3.44 pm  |  Source: NEWS18.com

  • PNB teams up with Ola to provide mobile ATMs across Delhi NCR

    PNB teams up with Ola to provide mobile ATMs across Delhi NCR  

    The month-long activity that started on December 1 has served more than 15,000 customers in the city and will continue for the next 3 weeks.

    06 Dec 2016, 3.43 pm  |  Source: NEWS18.com

  • Vienna tops 2016 target of 1 lakh overnight stays from India

    Vienna tops 2016 target of 1 lakh overnight stays from India  

    "Vienna got an overwhelming response from travellers from India exceeding the target of 1,00,000 overnight stays for 2016 by Indian tourists in just 10 months," Vienna Tourist Board Public Relations Manage Isabella Rauter said in ...

    06 Dec 2016, 3.20 pm  |  Source: PTI

  • No direct impact of demonetisation: ABM Knowledgeware Chief

    No direct impact of demonetisation: ABM Knowledgeware Chief   

    E-governance solutions provider ABM Knowledgeware reported a rise in revenue at Rs 38.50 crore in the second quarter of this financial year. Stocks of the company have risen by 40 percent in last two weeks.

    06 Dec 2016, 3.02 pm  |  Source: CNBC-TV18

  • Hiring activity up 10% in November: TimesJobs

    Hiring activity up 10% in November: TimesJobs  

    According to the latest TimesJobs RecruiteX report, travel & hospitality sector posted a 21 percent jump in hiring, followed by infrastructure 18 percent, petrochemicals 17 percent and IT and telecom sector 12 percent increase dur...

    06 Dec 2016, 3.02 pm  |  Source: PTI

  • Negative returns in Tata Steel Europe a risk to group: Mistry

    Negative returns in Tata Steel Europe a risk to group: Mistry  

    In a representation to the Board of Directors of Tata Steel ahead of an EGM, which is to consider a special resolution moved by Tata Sons to remove him as director on December 21, Mistry said the sole premise of the step was his "...

    06 Dec 2016, 2.56 pm  |  Source: PTI

  • Two IT Parks to be set up in Himachal Pradesh: Official

    Two IT Parks to be set up in Himachal Pradesh: Official  

    "One of such park shall be developed in Gaggal near Dharamsala," IT Advisor to Himachal Pradesh Chief Minister Gokul Butail informed here.

    06 Dec 2016, 2.14 pm  |  Source: PTI

  • Soon, Ola cabs will drive to your doorstep with cash

    Soon, Ola cabs will drive to your doorstep with cash  

    Yes Bank and Ola yesterday launched a mobile ATM service where customers of any bank can withdraw up to Rs 2,000 per card from PoS terminals from Ola cabs located near Yes Bank branch/ATM across 30 locations in 10 cities of the co...

    06 Dec 2016, 1.28 pm  |  Source: PTI

  • Fund raising via debt placement doubles to Rs 48,695 cr in Nov

    Fund raising via debt placement doubles to Rs 48,695 cr in Nov  

    According to the data available with Securities and Exchange Board of India (Sebi), companies garnered a total of Rs 48,695 crore from debt on a private placement basis last month, much higher than the Rs 24,618 crore raised in No...

    06 Dec 2016, 1.12 pm  |  Source: PTI

  • Lupin gets USFDA nod for Diclofenac capsules` generic version

    Lupin gets USFDA nod for Diclofenac capsules' generic version  

    Lupins Diclofenac capsules are generic versions of Iroko Pharmaceuticals LLC's Zorvolex capsules of 18 mg and 35 MG, it added.

    06 Dec 2016, 1.10 pm  |  Source: PTI

  • KKR, Temasek likely to pick-up stake in SBI Life: Sources

    KKR, Temasek likely to pick-up stake in SBI Life: Sources   

    SBI is likely to raise Rs 1,800 crore by selling around 4.5 percent stake in SBI Life. reports CNBC-TV18. The entire deal is expected to value SBI Life at Rs 40,000 crore.

    06 Dec 2016, 12.59 pm  |  Source: CNBC-TV18

  • India wants LNG importers to join hands for `equitable` deals

    India wants LNG importers to join hands for 'equitable' deals  

    India and Japan, in September 2013, had set up a multilateral group of buyers for LNG to push for lower prices for the fuel and New Delhi is now seeking other importers to join them.

    06 Dec 2016, 12.56 pm  |  Source: PTI

  • Demonetisation has impacted Indian sales, not exports: Biocon

    Demonetisation has impacted Indian sales, not exports: Biocon   

    Speaking to CNBC-TV18, Kiran Mazumdar Shaw, CMD of Biocon said huge opportunities exist for Biocon in the US biosimilars market.

    06 Dec 2016, 12.52 pm  |  Source: CNBC-TV18

  • Inox Wind bags 50-MW wind power project from SJVN in Gujarat

    Inox Wind bags 50-MW wind power project from SJVN in Gujarat  

    In a BSE filing, Inox Wind said it has bagged an order for 50 MW wind power project to be deployed in the state of Gujarat from SJVN Ltd.

    06 Dec 2016, 11.56 am  |  Source: PTI

  • Rediff sells community newspaper `India Abroad` in US

    Rediff sells community newspaper 'India Abroad' in US  

    Rediff.com "hand over the torch to" 8K Miles Media, India Abroad said in its farewell editorial yesterday.

    06 Dec 2016, 11.26 am  |  Source: PTI

  • Nucleus Software develops offline payment solution

    Nucleus Software develops offline payment solution   

    Nucleus Software launched the world's first offline digital cash solutions - PaySe - this year and MD & CEO Vishnu R Dusad says this system will connect rural areas for e-payments.

    06 Dec 2016, 11.19 am  |  Source: CNBC-TV18

  • JM Financial arm completes stake buy in India Home Loan

    JM Financial arm completes stake buy in India Home Loan  

    On October 21, J M Financial had said its subsidiary will acquire 24.5 percent stake in India Home Loan on a preferential allotment basis.

    06 Dec 2016, 11.14 am  |  Source: PTI

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