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  • Telenor India buy won`t affect Airtel`s financial position: S&P

    Telenor India buy won't affect Airtel's financial position: S&P  

    S&P Global Ratings' rating on Bharti Airtel (BBB-/stable/--) is unaffected by the company's plans to acquire the India operations of Telenor ASA, it said in a statement.

    27 Feb 2017, 2.30 pm  |  Source: PTI

  • Actual bad loans about Rs 20L cr, says ex-RBI Dy K C Chakrabarty

    Actual bad loans about Rs 20L cr, says ex-RBI Dy K C Chakrabarty  

    Total chunk of problematic loans in the Indian banking sector, at this stage, is around Rs 20 lakh crore, much higher than what is reported by banks and estimated by the central bank and government, said K C Chakrabarty, former de...

    27 Feb 2017, 2.28 pm  |  Source: Firstpost.com

  • OGPC seeks shareholders` nod to convert debt into equity

    OGPC seeks shareholders' nod to convert debt into equity  

    The special resolution is to approve the conversion of loan into equity through allotment of equity shares of the face value of 10 to Yes Bank Ltd.

    27 Feb 2017, 2.24 pm  |  Source: PTI

  • Lupin Japanese arm in deal with Astellas to sell antidepressant

    Lupin Japanese arm in deal with Astellas to sell antidepressant  

    Astellas submitted a new drug application (NDA) with the Ministry of Health, Labour and Welfare in Japan for extended-release tablets of quetiapine fumarate for the indication of improvement of depressive symptoms associated with ...

    27 Feb 2017, 2.23 pm  |  Source: Moneycontrol.com

  • Intel South Asia MD Debjani Ghosh to step down in March

    Intel South Asia MD Debjani Ghosh to step down in March  

    The company has named Prakash Mallya -- currently Director for Intel's Datacenter Group in Asia -- to succeed Ghosh.

    27 Feb 2017, 2.18 pm  |  Source: PTI

  • Jubilant gets USFDA nod for generic anti-fungal capsules

    Jubilant gets USFDA nod for generic anti-fungal capsules  

    The company has received approval from the US Food and Drug Administration (USFDA) for Itraconazole capsules, a generic version of Janssen Pharmaceuticals' Sporanox, Jubilant Life Sciences said in a regulatory filing.

    27 Feb 2017, 1.58 pm  |  Source: PTI

  • Tata Motors, Tata CLiQ join hands for online booking of Hexa

    Tata Motors, Tata CLiQ join hands for online booking of Hexa  

    The partnership will enable consumers to book test drives, explore additional features and benefits with just a CLiQ, Tata CLiQ said in a statement.

    27 Feb 2017, 1.42 pm  |  Source: PTI

  • Addition of Radio City a welcome move in radio space, says ENIL

    Addition of Radio City a welcome move in radio space, says ENIL   

    In an interview to CNBC-TV18, Prashant Panday, MD & CEO of ENIL said the addition of Radio City would be a welcome move in the radio space.

    27 Feb 2017, 1.23 pm  |  Source: CNBC-TV18

  • GMR Chhattisgarh Energy completes SDR, allots shares

    GMR Chhattisgarh Energy completes SDR, allots shares  

    "GMR Chhattisgarh Energy Ltd (GCEL), a subsidiary of GMR Infrastructure Ltd (GIL), has announced that the consortium of lenders of GCEL has adopted strategic debt restructuring plan (SDR), as provided under the scheme permitted by...

    27 Feb 2017, 1.16 pm  |  Source: PTI

  • Zydus subsidiary receives USFDA nod to market Tamiflu drug

    Zydus subsidiary receives USFDA nod to market Tamiflu drug  

    "Nesher Pharmaceuticals, a subsidiary of Zydus Pharmaceuticals USA has received the final approval from the United States Food and Drug Administration (USFDA) to market oseltamivir phosphate capsules in strengths of 30 mg, 45 mg, ...

    27 Feb 2017, 12.46 pm  |  Source: PTI

  • Maruti Suzuki opens online booking for Baleno RS

    Maruti Suzuki opens online booking for Baleno RS  

    The vehicle, which is to be sold under its premium Nexa chain, is set to be launched on March 3, the company said in a statement.

    27 Feb 2017, 12.46 pm  |  Source: PTI

  • Vespa maker to focus on scooters, not motorcycles, for now

    Vespa maker to focus on scooters, not motorcycles, for now  

    The company has even decided against launching new motorcycles at least in the budget performance segment (250cc-350cc) till next year. Such small capacity bikes were to debut under the superbike brand Aprilia.

    27 Feb 2017, 12.45 pm  |  Source: Moneycontrol.com

  • IOC to seek review on withdrawal of tax sops by Odisha govt

    IOC to seek review on withdrawal of tax sops by Odisha govt   

    The Odisha government Sunday withdrew tax sops allowed to Indian Oil Corporation Limited’s (IOC) Paradip refinery. Speaking to CNBC-TV18, Chairman B Ashok, said the company has a strong case and will take it up with the state fo...

    27 Feb 2017, 12.38 pm  |  Source: CNBC-TV18

  • See commitment from Indian pharma to address concerns: MHRA

    See commitment from Indian pharma to address concerns: MHRA   

    India is the key supplier of generic medicines to both US and UK and other parts of Europe. So, it is not surprising that the focus is on India, said Gerald W Heddell, Director-Inspection, Medicines and Healthcare products Regulat...

    27 Feb 2017, 12.25 pm  |  Source: CNBC-TV18

  • See growth in pre-owned vehicle segment, steady margins: M&M Fin

    See growth in pre-owned vehicle segment, steady margins: M&M Fin   

    Accelerated growth will come from car and pre-owned vehicle segments, says Ramesh Iyer, Vice-Chairman and Managing Director, M&M Financial Services.

    27 Feb 2017, 12.25 pm  |  Source: CNBC-TV18

  • Lupin arm in pact to distribute anti-depressant drug in Japan

    Lupin arm in pact to distribute anti-depressant drug in Japan  

    In a BSE filing, Lupin said "its Japanese subsidiary Kyowa Pharmaceutical Industry Co, Ltd and Astellas Pharma Inc have entered into an agreement providing Kyowa the exclusive right to distribute and promote extended-release table...

    27 Feb 2017, 12.24 pm  |  Source: PTI

  • CNBC-TV18 Exclusive: Vodafone ex-CEO Sarin on how telcos can survive amid competition

    CNBC-TV18 Exclusive: Vodafone ex-CEO Sarin on how telcos can survive amid competition   

    The Indian telecom industry needs to consolidate to enable economies of scale and spectrum availability, but pricing power can only come through innovation says, Arun Sarin, Former Global CEO of Vodafone, sharing his view on the l...

    27 Feb 2017, 12.22 pm  |  Source: CNBC-TV18

  • Ahead of IPO, D-Mart pilots pickup centres for online orders

    Ahead of IPO, D-Mart pilots pickup centres for online orders  

    The company is piloting delivery centres and pick-up points across key catchment areas for online customers. The 150-250 sq-ft centres will be named “D-Mart Ready” and will also serve as package pick-up points for customers pu...

    27 Feb 2017, 10.51 am  |  Source: Moneycontrol.com

  • Maruti`s 8 models drive into top 10 best-selling PVs in Jan

    Maruti's 8 models drive into top 10 best-selling PVs in Jan  

    The company, which had 6 models on the top 10 selling passenger vehicles (PVs) list in January 2016, is driving towards 50 percent market share in the segment.

    27 Feb 2017, 10.38 am  |  Source: PTI

  • ONGC may take control of HPCL to create mega oilco: Report

    ONGC may take control of HPCL to create mega oilco: Report  

    India plans to create a giant oil company by combining state-owned firms, finance minister Arun Jaitley said in the budget speech earlier this month as the world's third largest oil consumer looks to better compete with global maj...

    27 Feb 2017, 10.00 am  |  Source: Reuters

  • LIC to hold media briefing on Q3 show -- a first for the insurer

    LIC to hold media briefing on Q3 show -- a first for the insurer  

    To reinstate its presence as the dominant insurer and largest institutional investor in the Indian market, life insurance behemoth - Life Insurance Corporation - will, for the first time in its six-decades history in the country, ...

    27 Feb 2017, 9.59 am  |  Source: Moneycontrol.com

  • A tie-up with Volkswagen may benefit Tata Motors: Goldman Sachs

    A tie-up with Volkswagen may benefit Tata Motors: Goldman Sachs  

    According to broking house Goldman Sachs, such an alliance may be beneficial for Tata Motors.

    27 Feb 2017, 9.33 am  |  Source: Moneycontrol.com

  • Jio effect: Airtel may let customers enjoy free domestic roaming

    Jio effect: Airtel may let customers enjoy free domestic roaming  

    Airtel customers have something to cheer about. The telco has decided to do away with national roaming charges on its network for both calls and internet services, reports Economic Times.

    27 Feb 2017, 9.17 am  |  Source: Moneycontrol.com

  • Ola raises $350 million at valuation of $3.5 billion

    Ola raises $350 million at valuation of $3.5 billion  

    Ola, India's home grown online cab aggregator, has raised a fresh bout of funding with its existing as well as new investors. The cab aggregator raised funds to the tune of USD 350 million at a lower valuation of USD 3.5 billion, ...

    27 Feb 2017, 9.05 am  |  Source: Moneycontrol.com

  • Counter bids for Axis Bank likely; board holds key: Jefferies

    Counter bids for Axis Bank likely; board holds key: Jefferies  

    Market chatter about Axis Bank being merged with Kotak Mahindra Bank refuses to die down, despite Axis Bank denying the possibility. The Axis Bank stock has been steadily rising over the last week.

    27 Feb 2017, 8.56 am  |  Source: Moneycontrol.com

  • Rising input costs: Get ready to pay more for groceries

    Rising input costs: Get ready to pay more for groceries  

    FMCG biggies such as Amul, Dabur, Britannia and Parle plan to increase prices of their products or slash the quantities of packaged goods this summer. As a result biscuits, ice-creams and soap, among other daily consumption produc...

    27 Feb 2017, 8.50 am  |  Source: Moneycontrol.com

  • Road ahead for Indian M&A seems brightly lit: PwC report

    Road ahead for Indian M&A seems brightly lit: PwC report  

    With the global economy slowing down while the Indian economy stays particularly "resilient" and with increasing distressed assets in the Indian business environment, Indian business houses have been on the frontline of global and...

    27 Feb 2017, 8.50 am  |  Source: PTI

  • UK keen to facilitate masala bond plans

    UK keen to facilitate masala bond plans  

    As many as 14 masala bonds are listed on the London Stock Exchange (LSE) with a combined outstanding value of Rs 12,976 crore. Last year six such rupee-denominated bonds sold overseas issued by the European Bank of Reconstruction ...

    27 Feb 2017, 8.28 am  |  Source: PTI

  • Odisha govt withdraws tax sops to IOC`s Paradip refinery

    Odisha govt withdraws tax sops to IOC's Paradip refinery  

    Less than two months after serving the first show-cause notice, the Odisha government on February 22 wrote to its single-biggest investor saying it is withdrawing the promised 11-year deferment on payment of sales tax on Paradip r...

    27 Feb 2017, 8.28 am  |  Source: PTI

  • HSBC discloses tax evasion probes in India, other countries

    HSBC discloses tax evasion probes in India, other countries  

    Global banking giant HSBC has disclosed being probed by tax authorities in India and several other countries, including against its Swiss and Dubai units, for allegedly abetting tax evasion of four Indians and their families.

    27 Feb 2017, 8.07 am  |  Source: PTI

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