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  • Tata Metaliks Rs 65 cr DI pipes capex to boost topline

    Tata Metaliks Rs 65 cr DI pipes capex to boost topline  

    "The capex of Rs 65 crore was done from internal generation to enhance DI pipe capacity by 50 per cent to help boost revenue," company officials told PTI.

    25 Jul 2016, 7.36 am  |  Source: PTI

  • Top seven cos add Rs 27,904 crore in market valuation

    Top seven cos add Rs 27,904 crore in market valuation  

    The combined market valuation of seven of the top 10 most valued Indian companies swelled by Rs 27,904 crore last week, with TCS leading the pack.

    24 Jul 2016, 3.30 pm  |  Source: PTI

  • Govt to set up a special court for all NSEL-related cases

    Govt to set up a special court for all NSEL-related cases  

    Government today decided to set up a special court to hear all NSEL related cases on a priority basis while also asked the Enforcement Directorate to expedite action to recover Rs 3,721 crore from defaulters, and regulator Sebi to...

    24 Jul 2016, 3.00 pm  |  Source: PTI

  • Q1 earnings to remain in focus; mkts to see volatility: Experts

    Q1 earnings to remain in focus; mkts to see volatility: Experts  

    Next batch of quarterly earnings from blue-chips Maruti Suzuki, HDFC and ICICI Bank, progress of monsoon and developments in Parliament regarding GST Bill would remain in focus for stock market this week, which is likely to see bo...

    24 Jul 2016, 2.26 pm  |  Source: PTI

  • Steel demand to grow 6% in FY17, outlook bright: JSW Steel

    Steel demand to grow 6% in FY17, outlook bright: JSW Steel  

    JSW Steel expects domestic steel demand to grow by about 6% in 2016-17, adding that the long-term outlook for the sector continues to be bright.

    24 Jul 2016, 1.48 pm  |  Source: PTI

  • RIL, BP spend Rs 4,500 cr to maintain gas output at KG-D6

    RIL, BP spend Rs 4,500 cr to maintain gas output at KG-D6  

    Reliance Industries and its partner BP plc of UK have invested over Rs 4,500 crore in the flagging eastern offshore KG-D6 block to maintain gas output at current level despite the steep natural decline that has set in in the seven...

    24 Jul 2016, 1.48 pm  |  Source: PTI

  • Lenders planning S4A breather for Alok Industries

    Lenders planning S4A breather for Alok Industries  

    SBI-led lenders to the troubled textile manufacturer Alok Industries are considering restructuring of over Rs 18,000-crore debt under the S4A (scheme for sustainable structuring of stressed assets), sources said.

    24 Jul 2016, 1.48 pm  |  Source: PTI

  • Essar Power may sell gas-based plants in Gujarat to pare debt

    Essar Power may sell gas-based plants in Gujarat to pare debt  

    Burdened by a whopping Rs 20,369 crore debt, private utility Essar Power is looking to sell two of its gas-based plants in Gujarat to reduce debt, a senior company official said.

    24 Jul 2016, 1.48 pm  |  Source: PTI

  • Boeing to deliver 2 Dreamliners to Air India this year

    Boeing to deliver 2 Dreamliners to Air India this year  

    US aircraft maker Boeing will deliver two Dreamliners to Air India this year and four more next year to complete the airline's order of 27 of these aircraft, even as the national carrier grapples with glitches in its fleet of 787-...

    24 Jul 2016, 12.40 pm  |  Source: PTI

  • IOC in talks to buy GSPC`s stake in Mundra LNG terminal

    IOC in talks to buy GSPC's stake in Mundra LNG terminal  

    Indian Oil Corporation (IOC) is in talks to buy debt-laden Gujarat State Petroleum Corp's (GPSC) stake in the under-construction Rs 4,500 crore Mundra LNG import terminal in Gujarat.

    24 Jul 2016, 12.40 pm  |  Source: PTI

  • Salaries to go up 10.7%, star performers to gain well: Study

    Salaries to go up 10.7%, star performers to gain well: Study  

    Salaries are likely to jump by an average 10.7 percent in July-December, with e-commerce and life science sectors expected to hand out bigger pay packets, says a study.

    24 Jul 2016, 12.40 pm  |  Source: PTI

  • FIPB to consider 12 foreign investment proposals on August 2

    FIPB to consider 12 foreign investment proposals on August 2  

    Inter-ministerial body FIPB will consider 12 foreign investment proposals, including that of Financial Times, Reckitt Benckiser India, HSBC Securities and Capital Markets, on August 2.

    24 Jul 2016, 11.36 am  |  Source: PTI

  • FPIs pump in $2 bn in July on GST traction, earnings outlook

    FPIs pump in $2 bn in July on GST traction, earnings outlook  

    Overseas investors have infused more than $2 billion into the Indian capital markets so far this month on rising hopes of passage of the GST Bill in the Rajya Sabha and expectations of better corporate earnings.

    24 Jul 2016, 11.36 am  |  Source: PTI

  • Toonz Retail eyes Rs 100-cr sales by FY18; to open 50 stores

    Toonz Retail eyes Rs 100-cr sales by FY18; to open 50 stores  

    Toonz Retail, which specialises in retailing kidswear and toys, plans to open 50 stores in two years as it chases a turnover of over Rs 100 crore by fiscal 2017-18.

    24 Jul 2016, 11.36 am  |  Source: PTI

  • `Vedanta`s vision is to eradicate poverty, create jobs in India`

    'Vedanta's vision is to eradicate poverty, create jobs in India'   

    Vedanta wants to create one major behemoth that deals with the entire commodity complex, just as BHP Billiton and Anglo American, says the group's Chairman Anil Agarwal.

    23 Jul 2016, 3.44 pm  |  Source: CNBC-TV18

  • Piramal Enterprises to raise Rs 300 cr via NCDs

    Piramal Enterprises to raise Rs 300 cr via NCDs  

    This is part of the company's plan to raise up to Rs 1,000 crore through issuance of non-convertible debentures on private placement basis, it said in a regulatory filing.

    23 Jul 2016, 2.48 pm  |  Source: PTI

  • YC Deveshwar`s last AGM in an executive role at ITC

    YC Deveshwar's last AGM in an executive role at ITC   

    While the 105th annual general meeting threw no light on succession at the comglomerate, Deveshwar left the company with a plan that should take the FMCG revenues to Rs 1 lakh crore by 2030.

    23 Jul 2016, 1.38 pm  |  Source: CNBC-TV18

  • Pokemon Go: For a cause. Gotta save `em all

    Pokemon Go: For a cause. Gotta save 'em all   

    In a bid to harness the Pokemon Go craze, activists in Syria have tweeted a series of heartbreaking images showing Syrian children holding pictures of Pokemon and asking the game's fans to come save them.

    23 Jul 2016, 1.36 pm  |  Source: CNBC-TV18

  • ONGC backs `Make in India` initiative

    ONGC backs 'Make in India' initiative  

    Indian offshore drilling companies have always fulfilled the demand of the Indian exploration market since its inception.Indian offshore drilling companies have always fulfilled the demand of the Indian exploration market since it...

    23 Jul 2016, 1.14 pm  |  Source: PTI

  • India Inc`s deal tally dips 4% to $17.5 bn in January-June

    India Inc's deal tally dips 4% to $17.5 bn in January-June  

    According to the global deal tracking firm, deal making activity in the first half of the year was down 4 percent in value terms, compared to deals worth USD 18.2 billion in January-June period of 2015.

    23 Jul 2016, 1.12 pm  |  Source: PTI

  • Ashok Leyland firms up overseas business

    Ashok Leyland firms up overseas business  

    The city-based heavy commercial vehicles maker is setting up an assembly facility in Kenya, another one in Bangladesh through a partner and also expanding its UAE unit, CEO of Ashok Leyland Gopal Mahadevan said.

    23 Jul 2016, 1.12 pm  |  Source: PTI

  • Public investments up 21% in FY16; pvt sector sees contraction

    Public investments up 21% in FY16; pvt sector sees contraction  

    Public investments by central, state, local government and PSEs saw 21 percent rise in 2015-16, record growth in last two decades, while private investments (households and corporate) contracted 1.4 percent year-on-year, the worst...

    23 Jul 2016, 1.10 pm  |  Source: PTI

  • Bank of Baroda to expedite loan sanction process

    Bank of Baroda to expedite loan sanction process  

    The bank is transforming through digitalisation and has sanctioned home loans in record six days, the bank's General Manager P Narasimha Rao said at a function here.

    23 Jul 2016, 1.10 pm  |  Source: PTI

  • Union Bank foils cyber attack in USD Nostro a/c, no loss

    Union Bank foils cyber attack in USD Nostro a/c, no loss  

    "There was an attempted cyber incidence in USD Nostro account of the bank. The money trail was promptly traced and movement of funds blocked. Resultantly, there is no loss caused to the Bank," the bank said in a regulatory filing.

    23 Jul 2016, 1.08 pm  |  Source: PTI

  • HCL Tech allots 84,000 shares under 2004 Stock Option Plan

    HCL Tech allots 84,000 shares under 2004 Stock Option Plan  

    In its filing to BSE, the company said the allotment had been done by its Employees Stock Option Allotment Committee on July 21, 2016.

    23 Jul 2016, 1.08 pm  |  Source: PTI

  • Thomas Cook inks pact to promote tourism in Madhya Pradesh

    Thomas Cook inks pact to promote tourism in Madhya Pradesh  

    Under the MoU, Thomas Cook will impart detailed information about tourism in Madhya Pradesh and training to travel agents and tour operators in 20 cities of the country.

    23 Jul 2016, 12.44 pm  |  Source: PTI

  • Drug overcharging case: SC asks Cipla to deposit Rs 175 crore

    Drug overcharging case: SC asks Cipla to deposit Rs 175 crore  

    In a regulatory filing, Cipla said the Supreme Court had directed the government to recover 50 percent of the 'overcharged' amounts.

    22 Jul 2016, 10.40 pm  |  Source: PTI

  • Good monsoon likely to raise tractor demand : Sonalika

    Good monsoon likely to raise tractor demand : Sonalika  

    "The situation has started improving because this year we are having good rainfall. We are expecting a growth of 10 percent, said Sonalika's sales and marketing president R K Singh.

    22 Jul 2016, 10.40 pm  |  Source: PTI

  • SBI ties up with IRCTC, Aditya Birla Group for mobile wallet

    SBI ties up with IRCTC, Aditya Birla Group for mobile wallet  

    The bank also launched its mobile wallet as a payment option at over 2,500 institutions through its Multiple Option Payment System (MOPS).

    22 Jul 2016, 10.40 pm  |  Source: PTI

  • Revised terms of merger a significant sweetener: experts

    Revised terms of merger a significant sweetener: experts   

    Prakash Diwan, Market Expert, said this is a significant sweetener of sorts. Cairn India shares have had some stellar performance but there is nothing great about Vedanta currently, he said.

    22 Jul 2016, 9.22 pm  |  Source: CNBC-TV18

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