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Moneycontrol

Business News

  • Pension regulator moots proposal for systematic withdrawals

    Pension regulator moots proposal for systematic withdrawals  

    Pension Fund Regulatory and Development Authority (PFRDA) said that they are looking to have a systematic withdrawal plan for National Pension System (NPS) wherein individuals will have an option to have between 15-20 years where ...

    22 Feb 2017, 11.57 am  |  Source: Moneycontrol.com

  • CNBC-TV18 Exclusive: Satya Nadella on Trump policies, how tech will change governance

    CNBC-TV18 Exclusive: Satya Nadella on Trump policies, how tech will change governance  

    In a freewheeling exclusive interview with CNBC-TV18’s Shereen Bhan, Microsoft CEO Satya Nadella talked about a number of issues, including cloud and artificial intelligence technologies and outlined his views on US President Do...

    22 Feb 2017, 11.32 am  |  Source: Moneycontrol.com

  • See topline growth of 8-10% this year: ITD Cementation

    See topline growth of 8-10% this year: ITD Cementation   

    ITD Cementation hopes to grow revenues by 8-10 percent this year with significant improvement in the bottom-line, says Chief Financial Officer, S Ramnath.

    22 Feb 2017, 11.29 am  |  Source: CNBC-TV18

  • Dr Reddy`s receives 3 USFDA observations for Miryalaguda plant

    Dr Reddy's receives 3 USFDA observations for Miryalaguda plant  

    The company didn’t explain the nature of these observations. Miryalaguda plant was one among the three plants for which the company got US drug regulator warning letter in November 2015.

    22 Feb 2017, 11.27 am  |  Source: Moneycontrol.com

  • Banks may have to take larger haircuts on bad loans: V Acharya

    Banks may have to take larger haircuts on bad loans: V Acharya  

    In his maiden speech after becoming RBI Deputy Governor, Viral Acharya yesterday said banks might have to take larger hair cuts than what they ask for.

    22 Feb 2017, 10.49 am  |  Source: Moneycontrol.com

  • Flipkart seeks to raise $1.5 bn from Microsoft, others

    Flipkart seeks to raise $1.5 bn from Microsoft, others  

    India’s largest online market place, Flipkart, is in plans to increase the size of its funding round and is now seeking to raise up to USD 1.5 billion from investors including Microsoft Corp., eBay Inc., PayPal Holdings Inc. and...

    22 Feb 2017, 10.47 am  |  Source: Moneycontrol.com

  • Trump policies stressful for India pharma cos: Ex-Ranbaxy CEO

    Trump policies stressful for India pharma cos: Ex-Ranbaxy CEO   

    Former CEO of Ranbaxy, Brian Tempest, expects more pricing pressure to come in US under Donald Trump administration.

    22 Feb 2017, 10.42 am  |  Source: CNBC-TV18

  • Indian energy giant: Report says ONGC may take over HPCL or BPCL

    Indian energy giant: Report says ONGC may take over HPCL or BPCL  

    The government is a majority stakeholder in both, HPCL and BPCL, holding a stake of 51.1 percent in HPCL and 54.9 percent in BPCL. ONGC is unlikely to take over both entities for a mega public sector oil firm.

    22 Feb 2017, 10.28 am  |  Source: Moneycontrol.com

  • Tata Motors, Volkswagen may ink partnership at Geneva Show

    Tata Motors, Volkswagen may ink partnership at Geneva Show  

    The partnership deal between Tata Motors and Volkswagen could be a technology tie-up or a joint venture with vehicle architecture and technology at the center of discussion.

    22 Feb 2017, 10.17 am  |  Source: Moneycontrol.com

  • EXCLUSIVE: Infy founders to keep promoter tag, seem reluctant to cut stake

    EXCLUSIVE: Infy founders to keep promoter tag, seem reluctant to cut stake  

    While the market believes that the Murthy-led group are no longer promoters and should not interfere with the running with the group, it has emerged that the truth is otherwise, and the promoters will not lose this status unless t...

    22 Feb 2017, 10.13 am  |  Source: Moneycontrol.com

  • IDBI Bank to monetise Rs 5k crore worth non-core assets in FY18

    IDBI Bank to monetise Rs 5k crore worth non-core assets in FY18   

    IDBI Bank had on Tuesday informed the stock exchanges that it has received an in-principle nod to sell stake in some of its non-core assets.

    22 Feb 2017, 9.44 am  |  Source: CNBC-TV18

  • The silent crisis: Why Indian IT engineers are staring at a future of no jobs

    The silent crisis: Why Indian IT engineers are staring at a future of no jobs  

    Indian IT (information technology) industry might like to put all the blame on Donald Trump for its woes – single-digit growth, retrenchment and reduced hiring from campuses. But the ‘Trump effect’ masks the crisis that is s...

    22 Feb 2017, 9.31 am  |  Source: Moneycontrol.com

  • Reliance Jio to decide telcos earnings for `couple of years`: CS

    Reliance Jio to decide telcos earnings for 'couple of years': CS  

    “While M&A newsflow has helped telco stocks, we see no let down in Jio's competitive aggression which is likely to determine earnings for next couple of years,” said Credit Suisse in its note to clients.

    22 Feb 2017, 9.18 am  |  Source: Moneycontrol.com

  • Xiaomi likely to launch a lot more smartphones in 2017

    Xiaomi likely to launch a lot more smartphones in 2017  

    According to a recent report by Singapore-based market research firm Canalys, the Chinese mobile phone maker is battling with smartphone shipments in the domestic market and grabbed the fourth place in Q4 2016.

    22 Feb 2017, 9.15 am  |  Source: NEWS18.com

  • EXCLUSIVE: After TCS, HCL Tech could eye share buyback

    EXCLUSIVE: After TCS, HCL Tech could eye share buyback   

    An official familiar with the development told Moneycontrol the company was open to the idea of a share buyback and was considering it.

    22 Feb 2017, 9.13 am  |  Source: Moneycontrol.com

  • Panasonic launches three new Toughpad models

    Panasonic launches three new Toughpad models  

    "Panasonic Toughpad enjoys a 65 percent leadership in rugged notebooks and tablets and with the introduction of the new products in the Toughbook and Toughpad series we aim to increase our market share to over 70 percent in next y...

    22 Feb 2017, 9.02 am  |  Source: PTI

  • HSIL to commission two plants in Telangana in April

    HSIL to commission two plants in Telangana in April  

    The company has kitchen appliances, water-heaters, water and air purifiers and air cooler products under the consumer division, which is on course to clock a business of about Rs 150 crore in the current fiscal, a 140 percent grow...

    22 Feb 2017, 9.02 am  |  Source: PTI

  • HDFC Bank FPI trades: Sebi, RBI mull safeguards

    HDFC Bank FPI trades: Sebi, RBI mull safeguards  

    A day after allowing FPIs to buy shares of HDFC Bank, the Reserve Bank of India (RBI) on February 17 restored the cap as the exposure crossed the prescribed 74 percent threshold.

    22 Feb 2017, 8.58 am  |  Source: PTI

  • CII signs MoU with Singapore trade and business agencies

    CII signs MoU with Singapore trade and business agencies  

    The High Commissioner said a number of business programmes were being planned for this year including one conference with the Indian business community in Asean to be held in Singapore later this year.

    22 Feb 2017, 8.58 am  |  Source: PTI

  • Corporate bonds to touch 8.5 trn next fiscal, may grow at 20-22%

    Corporate bonds to touch 8.5 trn next fiscal, may grow at 20-22%  

    "Benefiting from finer pricing in the bond markets, we expect the year-on-year growth of corporate bonds to remain substantial at 20-22 percent in FY18.

    22 Feb 2017, 8.58 am  |  Source: PTI

  • Competition Comm rejects complaint against Dhanlaxmi Bank

    Competition Comm rejects complaint against Dhanlaxmi Bank  

    It was alleged by a Delhi-based complainant that the bank charged higher interest rate and imposed pre-payment charges.

    22 Feb 2017, 8.58 am  |  Source: PTI

  • Nadella meets PM Modi, IT Minister; discusses digital inclusion

    Nadella meets PM Modi, IT Minister; discusses digital inclusion  

    The India born CEO also participated in a round table at NITI Aayog on tapping into cloud computing for good governance in the country.

    22 Feb 2017, 8.58 am  |  Source: PTI

  • Westin Hotels & Resorts opens seventh property in India

    Westin Hotels & Resorts opens seventh property in India  

    Owned by Paradise Properties, the newly-built Westin Pushkar Resort & Spa aims to bring the Westin brand's innovative wellness initiatives to the renowned spiritual destination of Pushkar.

    22 Feb 2017, 8.54 am  |  Source: PTI

  • Audi eyes No 1 spot in India; lines up 10 launches for 2017

    Audi eyes No 1 spot in India; lines up 10 launches for 2017  

    The company plans to launch ten products this year, including 'a couple of completely new models' as part of its ongoing efforts to enhance its position in the country.

    22 Feb 2017, 8.54 am  |  Source: PTI

  • SBI chief, Tata Sons board members hail Chandrasekaran

    SBI chief, Tata Sons board members hail Chandrasekaran  

    Talking to reporters after the first board meeting chaired by Chandra, Amit Chandra, who is on the board of Tata Sons and a trustee with Tata Trusts which owns over 66 percent of the holding company, said, "It's a great day for co...

    22 Feb 2017, 8.54 am  |  Source: PTI

  • Maruti can`t be heard on compensation post-land acquisition: SC

    Maruti can't be heard on compensation post-land acquisition: SC  

    A bench of Justices Adarsh Kumar Goel and U U Lalit set aside the order of Punjab and Haryana High Court allowing MSIL and Haryana State Industrial Corporation (HSIDC) on the ground that the allottee had a right to be impleaded as...

    22 Feb 2017, 8.28 am  |  Source: PTI

  • Bengal decides to enter into joint venture with GAIL

    Bengal decides to enter into joint venture with GAIL  

    Chief Minister Mamata Banerjee gave her approval to the joint venture at a meeting of the Cabinet's standing committee on industry held at the state secretariat today, state finance minister Amit Mitra said.

    22 Feb 2017, 8.28 am  |  Source: PTI

  • SBI chief moots dedicated spectrum for financial transactions

    SBI chief moots dedicated spectrum for financial transactions  

    Bhattacharya also said though many telcos have their own payment banks it is not known how much importance they give to financial transactions.

    22 Feb 2017, 7.40 am  |  Source: PTI

  • Using RBI funds to recapitalise banks not a good idea: Acharya

    Using RBI funds to recapitalise banks not a good idea: Acharya  

    After an assessment of the money required for handling various stress scenarios in the banking system and the financial markets, the RBI transfers its surplus or the dividend, to the government. Once it transfers the money, it is ...

    22 Feb 2017, 7.40 am  |  Source: PTI

  • CIL board to consider dividend payout next month

    CIL board to consider dividend payout next month  

    State-run Coal India today said its board will next month consider payment of interim dividend for the ongoing fiscal.

    21 Feb 2017, 9.18 pm  |  Source: PTI

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