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  • Indiabulls Housing raised Rs 7,000 cr since July 1 via NCDs

    Indiabulls Housing raised Rs 7,000 cr since July 1 via NCDs  

    "The company has allotted secured, redeemable, non-convertible debentures, for an amount aggregating to Rs 7,030 crore on a private placement basis, from July 1, 2016 till date," Indiabulls Housing Finance said in a regulatory fil...

    25 Aug 2016, 12.02 pm  |  Source: PTI

  • Welspun to appoint external auditor to look into supply lapses

    Welspun to appoint external auditor to look into supply lapses  

    The retailer had said as soon as its investigation confirmed the substitution, it pulled all remaining product from Target stores and Target.com.

    25 Aug 2016, 11.56 am  |  Source: PTI

  • Welspun scandal follows yrs of plummeting Egyptian cotton output

    Welspun scandal follows yrs of plummeting Egyptian cotton output  

    The shortage of cotton from Egypt, which commands a premium due to its superior quality, creates an incentive to blend it with other types of cotton without disclosing it or to counterfeit the label altogether, cotton traders said...

    25 Aug 2016, 11.49 am  |  Source: Reuters

  • FY17 revenue growth to be 10-12%, added 20 new clients: Infinite

    FY17 revenue growth to be 10-12%, added 20 new clients: Infinite   

    In an interview to CNBC-TV18, Upinder Zutshi, MD & CEO of Infinite Computer Solutions India spoke about the results and his outlook for the company.

    25 Aug 2016, 11.30 am  |  Source: CNBC-TV18

  • Cement price rise to boost Q2 sales volumes: Panyam Cements

    Cement price rise to boost Q2 sales volumes: Panyam Cements   

    Panyam Cements' management is expecting a 30 percent increase in sales volume in the September quarter on the back of increased cement prices. The company believes that sale volumes in the second quarter of FY17 to increase to 1.7...

    25 Aug 2016, 11.29 am  |  Source: Moneycontrol.com

  • More US firms probing Welspun over alleged phony Egyptian cotton

    More US firms probing Welspun over alleged phony Egyptian cotton  

    This could compound the woes of Welspun, which supplies to several large US retailers and has seen its shares plummet nearly 43 percent since Target's announcement on Friday.

    25 Aug 2016, 11.29 am  |  Source: Reuters

  • See consumption led recovery in industry: Carborundum

    See consumption led recovery in industry: Carborundum   

    In an interview with CNBC-TV18, K Srinivasan said that the demand pick up is significantly better in this fiscal and the company's capacity utilisation is also scaling up, which is expected to be around 80 percent for the second q...

    25 Aug 2016, 11.22 am  |  Source: CNBC-TV18

  • Aim to clock revenue of Rs 5000 cr in FY17: Bajaj Electrical

    Aim to clock revenue of Rs 5000 cr in FY17: Bajaj Electrical   

    The company has merged four consumer facing business—lighting, domestic, kitchen appliances and fans— into consumer product business from April this year, says Shekhar Bajaj, CMD of Bajaj Electricals.

    25 Aug 2016, 11.21 am  |  Source: CNBC-TV18

  • Capt Ghosh nets Rs 21 crore as IndiGo net profit in steep climb

    Capt Ghosh nets Rs 21 crore as IndiGo net profit in steep climb  

    In what would be one of the highest payouts in India Inc, Aditya Ghosh, President and Wholetime Director, InterGlobe Aviation, bagged a whopping Rs 21-crore one-time incentive, along with 7 lakh shares, for the fiscal year ended M...

    25 Aug 2016, 11.20 am  |  Source: Moneycontrol.com

  • Low procurement rate may impact Railway projects: Titagarh

    Low procurement rate may impact Railway projects: Titagarh   

    Speaking to CNBC-TV18, Umesh Chowdhary, VC &MD of Titagarh Wagons said that the Railways might not be able to achieve its targets due to low procurement rates.

    25 Aug 2016, 11.01 am  |  Source: CNBC-TV18

  • CMR Group chief donates 23 acres land for intl airport project

    CMR Group chief donates 23 acres land for intl airport project  

    Chairman of the CMR Group, Mavuri Venkataramana has handed over 23 acres of land in Bhogapuram mandal to the district collector for the mega project, to be developed by Bhogapuram International Airport Company Ltd (BIACL), a press...

    25 Aug 2016, 10.24 am  |  Source: PTI

  • Stalled payments relief likely for infrastructure cos: Sources

    Stalled payments relief likely for infrastructure cos: Sources   

    The move will improve liquidity position for the infra industry that has arbitration troubles as major teething problem, said KK Mohanty, MD, Gammon Infra.

    25 Aug 2016, 9.48 am  |  Source: CNBC-TV18

  • In contract with Telangana discom for power supply: Nava Bharat

    In contract with Telangana discom for power supply: Nava Bharat   

    In an interview to CNBC-TV18, GRK Prasad, Executive Director of Nava Bharat Ventures spoke about the Q1 results and his outlook for the company.

    25 Aug 2016, 9.32 am  |  Source: CNBC-TV18

  • Monsanto pulls new GM cotton seed from India in protest

    Monsanto pulls new GM cotton seed from India in protest  

    A letter sent by Monsanto's local partner in India, the conglomerate's biggest market outside the Americas, strongly objects to a government proposal that would force Monsanto to share its technology with local seed companies.

    25 Aug 2016, 9.24 am  |  Source: Reuters

  • Air Arabia passengers can pay for tickets in instalments

    Air Arabia passengers can pay for tickets in instalments  

    The airline operates 115 weekly flights from its hub in Sharjah to 13 Indian cities, including Jaipur, Kochi, Coimbatore and Mumbai.

    25 Aug 2016, 9.24 am  |  Source: PTI

  • TATA discom files plea with DERC against compensation order

    TATA discom files plea with DERC against compensation order  

    The DERC had issued the order following directions from the city government in this regard. The discom said the Delhi government's orders are not binding on the power regulator.

    25 Aug 2016, 9.24 am  |  Source: PTI

  • Govt waives Rs 897 cr penal interest on loans of Cochin Port

    Govt waives Rs 897 cr penal interest on loans of Cochin Port  

    The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its approval for waiver of penal interest on government loans worth Rs 897.23 crore availed by Cochin Port Trust, said a statement by th...

    25 Aug 2016, 9.22 am  |  Source: PTI

  • RCom expands enterprise product portfolio with Cloud X WAN

    RCom expands enterprise product portfolio with Cloud X WAN  

    "Cloud X WAN is the first 'Make in India' Cloud-centric network platform. This will help companies save on bandwidth when they use cloud services. The software defined (SD) WAN will be deployed in branch offices which will help or...

    25 Aug 2016, 9.22 am  |  Source: PTI

  • MIP on aluminium: Mecon preparing report; to submit by September

    MIP on aluminium: Mecon preparing report; to submit by September  

    The public sector undertaking has been asked by industry body Aluminium Association of India to prepare the report, which it has to submit by September, a source said.

    25 Aug 2016, 9.20 am  |  Source: PTI

  • Paragon Partners invests Rs 111 cr in Maini Precision Products

    Paragon Partners invests Rs 111 cr in Maini Precision Products  

    Paragon Partners was floated by Siddharth Parekh, son of HDFC Chairman Deepak Parekh, and entrepreneur Sumeet Nindrajog in August last year.

    25 Aug 2016, 8.48 am  |  Source: PTI

  • USFDA issues warning letter to Unimark Remedies

    USFDA issues warning letter to Unimark Remedies  

    Failure to correct these deviations may also result in FDA refusing admission of articles manufactured at Vapi and Bavla facilities into the United States, it added.

    25 Aug 2016, 8.46 am  |  Source: PTI

  • SGI Commex claims to win auction of Vijay Mallya`s luxury jet

    SGI Commex claims to win auction of Vijay Mallya's luxury jet  

    SGI Commex chairman G S Srivastava, an art connoisseur, said the aircraft, an Airbus A319-133 with registration of CJ VT-VJM, will be converted into an art pilgrimage venture under the label of 'Beyond the Obvious' and that it wil...

    25 Aug 2016, 8.46 am  |  Source: PTI

  • Walmart, JCPenney reviewing Welspun

    Walmart, JCPenney reviewing Welspun  

    Global retail majors Walmart and JCPenney are investigating textiles sourced from Welspun India for product integrity, while IKEA is awaiting the outcome of a probe by the Indian firm in the wake of lapses in its supplies to US-ba...

    24 Aug 2016, 10.10 pm  |  Source: PTI

  • Milk regulation in draft notification stage; honey next: FSSAI

    Milk regulation in draft notification stage; honey next: FSSAI   

    It has been 10 years since India’s food safety regulator the FSSAI came into existence. When CNBC-TV18's Shwetha Kothari caught up with CEO Pawan Agarwal he said after noodles, bread and packaged water, the watchdog now has its ...

    24 Aug 2016, 9.59 pm  |  Source: CNBC-TV18

  • Here`s a roundup of all the action from start-ups in India

    Here's a roundup of all the action from start-ups in India   

    CNBC-TV18's Shruti Mishra brings you your daily dose of all the happening's in the world of start-ups on Young Turks start-up tracker.

    24 Aug 2016, 9.59 pm  |  Source: CNBC-TV18

  • Timex Group India to raise Rs 35 cr

    Timex Group India to raise Rs 35 cr  

    Watchmaker Timex Group India Ltd would raise Rs 35 crore from the market by issuing 3.5 crore cumulative redeemable non-convertible preference shares.

    24 Aug 2016, 8.16 pm  |  Source: PTI

  • Zeta eases retail payment further with NFC-enabled Super Tag

    Zeta eases retail payment further with NFC-enabled Super Tag  

    Fin-tech start up firm Zeta has introduced near field communication (NFC) based payment solution to help users make payments at cash counters at ease.

    24 Aug 2016, 8.16 pm  |  Source: PTI

  • Godrej Locking eyes Rs 750 cr sales this fiscal

    Godrej Locking eyes Rs 750 cr sales this fiscal  

    Godrej Locking Solutions and Systems, part of Godrej & Boyce Manufacturing Company, is eyeing a 15 per cent sales growth to Rs 750 crore this year.

    24 Aug 2016, 8.12 pm  |  Source: PTI

  • India Inc enduring deepest earnings decline in 20 yrs: Report

    India Inc enduring deepest earnings decline in 20 yrs: Report  

    India Inc is enduring its worst earnings drawdown of the last 20 years, burdened by weak growth, high interest costs with excessive private sector debt and over-capitalised balance sheets, says a report.

    24 Aug 2016, 8.12 pm  |  Source: PTI

  • Walmart reviewing records, IKEA to continue ties with Welspun

    Walmart reviewing records, IKEA to continue ties with Welspun  

    Walmart is reviewing cotton certification records of Welspun India while IKEA will continue business ties "as usual" with the textiles supplier till the outcome of an ongoing probe by the Gujarat-based firm over lapses in its supp...

    24 Aug 2016, 8.12 pm  |  Source: PTI

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