JSW Cement will have 74 percent stake in the JV while Wagner will own 26 percent, Parth Jindal, MD of the company said.
24 Oct 2016, 3.08 pm | Source: CNBC-TV18
Box8 is a full stack online food delivery player that specializes in preparing and delivering Indian food. Its diverse menu consists of over 100 dishes in all-in-1 Indian meals, biryanis, wraps, sandwiches and salads.
24 Oct 2016, 2.58 pm | Source: PTI
Sarwate will work closely with founders and senior leadership team of FCL in building a robust institutional framework for the FMCG arm, Future Group said in a statement.
24 Oct 2016, 2.50 pm | Source: PTI
In an interview with CNBC-TV18, Rajat Seksaria said that the tentative value of the deal is likely to be around Rs 350-375 crore which is expected to bring down the company's debt by Rs 250 crore.
24 Oct 2016, 1.44 pm | Source: CNBC-TV18
Sources have told ET that the company's board is expected to approve of this capital raising plan as early as this week.
24 Oct 2016, 1.14 pm | Source: Moneycontrol.com
State-owned MRPL, which operates a 300,000 barrels per day (bpd) coastal refinery in southern India, had shut units including a 1.2-million-tonnes a year hydrocracker for maintenance last month.
24 Oct 2016, 1.08 pm | Source: Reuters
According to sources close to the deal, ANI Technologies Pvt's Ola may raise USD 250-300 million in a new round of funding led by the Japanese telecom and Internet major, and other existing investors may also participate.
24 Oct 2016, 1.02 pm | Source: PTI
In an interview to CNBC-TV18, Parag Shah, MD of Man Infraconstruction spoke about the new projects and the order book position of the company.
24 Oct 2016, 12.59 pm | Source: CNBC-TV18
India's dreams of becoming a solar superpower may become a reality sooner if the sub-continent continues to make strides in ramping up its output in the renewable energy space.
24 Oct 2016, 12.53 pm | Source: Moneycontrol.com
"In India also, we expect lower production in the coming season mainly on the account of unfortunate drought that state of Maharashtra and Karnataka suffered last year. We expect sugar prices to be firm", Vijay Banka, Wholetime Di...
24 Oct 2016, 12.37 pm | Source: CNBC-TV18
In a BSE filing, Inox Wind said it has bagged repeat order from "ReNew Power Ventures Pvt Ltd... for 50 MW wind power project to be executed in Gujarat".
24 Oct 2016, 12.22 pm | Source: PTI
Ramesh Damani’s popular Wizards of Dalal Street is back, and this time Damani interviewed Rahul Rathi, MD, CapMetrics. Rathi spoke about his two styles of investing: Invest in a business, and the other strategy is to invest in t...
24 Oct 2016, 11.46 am | Source: CNBC-TV18
"Over the last ten years, we have established a huge amount of capability to manage business at microfinance, used commercial vehicle (CV) finance or micro and small enterprise (MSE) finance segment. It is almost 70-80 percent of ...
24 Oct 2016, 11.44 am | Source: CNBC-TV18
Under the deal, Fortis will be carrying out the rejig that involves three entities -- Fortis Healthcare Ltd (FHL), Fortis Malar Hospitals Ltd (FMHL) and SRL Ltd (SRL).
24 Oct 2016, 11.44 am | Source: PTI
In an interview to CNBC-TV18, Anand Deshpande, Founder, MD & CEO of Persistent Systems said that intellectual property (IP) business is traditionally weak in Q2.
24 Oct 2016, 11.36 am | Source: CNBC-TV18
In an interview with CNBC-TV18, Nitin Menon, Joint MD of Menon Bearings said that the company's endeavour is to maintain its margins and sees revenue to grow by around 10-15 percent in the second half of the fiscal.
24 Oct 2016, 11.34 am | Source: CNBC-TV18
Speaking to CNBC-TV18, Sunil Agarwal, Managing Director of SE Investments, said that the disbursement growth was at 9 percent on a year-on-year basis. It expects a growth of 15-16 percent this year. Asset quality remained stagnan...
24 Oct 2016, 11.00 am | Source: CNBC-TV18
In an interview to CNBC-TV18, Vinod Bhageria, MD of Bhageria Industries spoke about the results and his outlook for the company.
24 Oct 2016, 10.36 am | Source: CNBC-TV18
An Economic Times article reports that the agreement may involve joint sales forecasting and planning, exclusive product releases and supply-chain initiatives.
24 Oct 2016, 10.33 am | Source: Moneycontrol.com
Speaking to CNBC-TV18, Vikram Udeshi of Jayant Agro said that the growth and margins momentum is expected to continue in next quarter. The company has buffer castor stock which will suffice till the new crop comes in January-Febru...
24 Oct 2016, 10.31 am | Source: CNBC-TV18
Telstra is looking at opportunities to improve customer experience, a company spokesperson told BS in an e-mail adding that no decision has been taken on an offshore captive or global in-house unit yet.
24 Oct 2016, 10.09 am | Source: Moneycontrol.com
In an interview with CNBC-TV18, Mindtree's management listed the reasons for this subdued quarter.
24 Oct 2016, 9.37 am | Source: CNBC-TV18
Earlier this year, the government had increased the foreign direct investment (FDI) limit in domestic airlines to 100 percent, but FDI through automatic route has been put at 49 percent. The government rules also say that principa...
24 Oct 2016, 9.29 am | Source: Moneycontrol.com
The goods and services tax (GST) bill is an extremely positive step for both the Indian industry and consumer as it will facilitate the long term economic growth in the country, says Dilip Sanghvi, CMD of Sun Pharma.
24 Oct 2016, 9.00 am | Source: CNBC-TV18
The Telecom Regulatory Authority of India (TRAI) has recommended a penalty of Rs 3,050 crore on Bharti Airtel, Vodafone India and Idea Cellular for allegedly violating licence norms by denying adequate interconnection points to Re...
24 Oct 2016, 8.51 am | Source: CNBC-TV18
The bank announced that a strategic review had shown that although the medium-term operations had been limited by India's regulatory environment, but it remained confident that its retail and commercial franchises should be in a p...
24 Oct 2016, 8.16 am | Source: PTI
Following last year's failed attempts by Malvinder Singh and Shivinder Singh to sell stake in financial services group Religare Enterprise of which they are promoters, the brothers are reportedly in talks to sell Religare Invest, ...
24 Oct 2016, 7.48 am | Source: Moneycontrol.com
The mergers & acquisitions scenario has heated up over the last years with big-ticket deals shaping up ever-so often. Here’s a quick look at some of the eye-popping global and domestic deals.
23 Oct 2016, 7.37 pm | Source: Moneycontrol.com
Surprised by the huge response to its 'by India, for India' bike Navi launched this April, Honda Motorcycle and Scooter India (HMSI) is planning to double its production to around 1 lakh units soon.
23 Oct 2016, 6.14 pm | Source: PTI
In what could be one of the largest global consolidation deals in the telecom-media space, AT&T Inc. has reached an agreement to buy Time Warner Inc. for USD 85.4 billion. But when a deal this size is struck, one question that pop...
23 Oct 2016, 5.44 pm | Source: Moneycontrol.com