India will leapfrog from traditional payments to digital payments to have the most advanced digital payments ecosystem by 2020, says Rajan Anandan, Vice-president, India and Southeast Asia, Google. Digital payments business to hi...
25 Jul 2016, 3.37 pm | Source: Moneycontrol.com
The 'Digital Payments 2020' report, jointly published by Google and Boston Consulting Group, projects that non-cash contribution in the consumer payments segment will double to 40 percent.
25 Jul 2016, 3.00 pm | Source: PTI
The board of directors of the company at its meeting held on July 22, appointed Dinanath Dubhashi, Deputy Managing Director as the Manging Director of the company and said that Deosthalee, would continue to serve as the Chairman o...
25 Jul 2016, 3.00 pm | Source: PTI
The initiative aims to enhance cross-border payments by leveraging Swift's messaging platform and global reach and in the first phase, the initiative will focus on business-to-business payments.
25 Jul 2016, 2.58 pm | Source: PTI
Hiree will be merged with QuikrJobs and will operate out of Quikr headquarters, the company said in a statement.
25 Jul 2016, 2.58 pm | Source: PTI
'Lodgy World Edition' is built with 25 enhancements to its exteriors and interiors and will be available in both 85 PS and 110 PS variants at an introductory price of Rs 9.74 lakh and Rs 10.40 lakh, respectively (ex-showroom Delhi...
25 Jul 2016, 2.40 pm | Source: PTI
In an interview with CNBC-TV18, Gagan Banga, VC and MD of the company said that it has been able to reduce the cost of funds successfully and expects to increase its market share in the home loan segment.
25 Jul 2016, 2.33 pm | Source: CNBC-TV18
The tie-up will help farmers avail the facilities of various products and services by SBI customer service points (CSPs) like savings account, term deposit, recurring deposit, micro credit, remittances, social security schemes, Aa...
25 Jul 2016, 2.32 pm | Source: PTI
Thomas Cook India's internal research and consumer analysis shows the significant and growing potential of the honeymoon/romantic travel segment - a 20 to 25 percent year-on-year increase in demand over the last three years, the c...
25 Jul 2016, 2.18 pm | Source: PTI
The company has appointed Ian Peter Winham as its Director/Chairman with immediate effect.
25 Jul 2016, 1.58 pm | Source: PTI
The board of the company, in its meeting held today "redesignated Sanjiv Puri, Wholetime Director, also as Chief Operating Officer of the Company with immediate effect," ITC said in a BSE filing.
25 Jul 2016, 1.56 pm | Source: PTI
The company performance this quarter was aided by two factors: good production and controlled cost of production, says KS Kasi Viswanathan, MD of Seshasayee Paper & Boards.
25 Jul 2016, 1.53 pm | Source: CNBC-TV18
The company's value added business is continuing to grow, says Udeshi. But with delayed rains in the castor growing regions of Gujarat, the commodity business could take a hit. But he reassures that late rains will not harm the cr...
25 Jul 2016, 1.43 pm | Source: CNBC-TV18
The board of Sebi, in May, tightened norms to check any misuse of controversy-ridden P-Notes by making it mandatory for users of these overseas instruments to follow Indian anti-money laundering law and report any suspicious trans...
25 Jul 2016, 1.12 pm | Source: PTI
The company reported a subdued quarter with 2.25 percent fall in its net profit to Rs 87 crore and reduced its provisions to 30.5 percent to Rs 224.5 crore in Q1. Asset quality quarter-on-quarter deteriorated to 36.9 percent at Rs...
25 Jul 2016, 1.00 pm | Source: CNBC-TV18
In an interview with CNBC-TV18, Ganesh Ayyar, CEO and ED of Mphasis along with CFO, V Suryanarayanan gave future guidance for the company finances and its business plans.
25 Jul 2016, 12.39 pm | Source: CNBC-TV18
"Affordable housing loans present unique credit risks for lenders and - when securitised - for residential mortgage- backed securities, because of the nature of the borrowers," says Moody's Assistant VP (Research Writer) Georgina ...
25 Jul 2016, 12.24 pm | Source: PTI
"The capital infusion will improve their capitalisation at a time when asset quality pressure and elevated provisioning costs have negatively affected their financial performance," it said in its credit outlook titled, 'Indian Ove...
25 Jul 2016, 12.08 pm | Source: PTI
"The Reserve Bank of India has imposed a penalty of INR 50 million on Bank of Baroda... Pursuant to the internal audit of the Bank of Baroda, the Reserve Bank of India and investigative agencies in October 2015 were advised by the...
25 Jul 2016, 12.00 pm | Source: PTI
Shipments under the deal, initially expected to start in 2018/2019, are linked to crude oil prices which are rising while gas prices are expected to stay subdued for longer as major new production plants in Australia and the Unite...
25 Jul 2016, 11.42 am | Source: Reuters
Speaking to CNBC-TV18 Anurag Jain of Oriental Carbon & Chemical said that the demand was better in first quarter was better than the previous quarter.
25 Jul 2016, 11.41 am | Source: CNBC-TV18
"Glenmark Pharmaceuticals Inc, USA has been granted final approval by the US Food and Drug Administration (USFDA) for triamcinolone acetonide ointment USP, 0.5 percent," it said in a BSE filing.
25 Jul 2016, 11.38 am | Source: PTI
The government will appoint up to three merchant bankers for the share issue, which could fetch about Rs 2,200 crore to the exchequer at the current market price.
25 Jul 2016, 11.28 am | Source: PTI
Riding on the back of a good first-quarter performance, N Vasudevan, Managing Director of Equitas Holdings, says there is large unmet demand in the microfinance space which can be capitalised upon going ahead.
25 Jul 2016, 11.09 am | Source: CNBC-TV18
Anil Rai Gupta, Chairman and Managing Director, Havells India, said all of the company's verticals, except cables, saw 20 percent growth in the quarter.
25 Jul 2016, 11.07 am | Source: CNBC-TV18
In a post earnings interview, YM Deosthalee, Chairman of L&T Finance Holdings said that the whole entity has been restructured and the business is now divided in to three key focus areas - rural, housing and wholesale book segment...
25 Jul 2016, 10.54 am | Source: CNBC-TV18
Speaking to CNBC-TV18 Kapil Agarwal, Joint MD of UFO Moviez, said that 3i Research (Mauritius) is fully divested in the company.
25 Jul 2016, 10.38 am | Source: CNBC-TV18
Persistent Systems reported a 3.6 percent rise in rupee revenue to Rs 701.8 crore while its profit after tax fell 9.3 percent to Rs 73.2 crore. However, the company’s margins contracted by 80 basis points to 15.1 percent in the ...
25 Jul 2016, 10.31 am | Source: CNBC-TV18
Thyrocare’s revenue grew 21.7 percent to Rs 69.36 crore and operating profit margins improved to 39.4 percent in the first quarter of FY17.
25 Jul 2016, 10.18 am | Source: CNBC-TV18
"In India the demand has been explosive over the years. We saw about 35 per cent growth in 2015 in India but this year we are cautious with our estimates as the first half was hampered with jewellers strike that affected sales," F...
25 Jul 2016, 9.52 am | Source: PTI