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  • HDFC ERGO raises Rs 350 cr via NCDs

    HDFC ERGO raises Rs 350 cr via NCDs  

    The fund was raised by way of the private placement of unsecured, subordinated, redeemable, NCDs of face value Rs 10 lakh each, HDFC ERGO said in a statement.

    16 Jan 2017, 4.04 pm  |  Source: PTI

  • Muthoot Finance to raise up to Rs 1,400 cr via NCDs

    Muthoot Finance to raise up to Rs 1,400 cr via NCDs  

    The non-convertible debentures (NCDs) will have face value of Rs 1,000 each, aggregating to Rs 1,300 crore, and unsecured NCDs of Rs 1,000 each aggregating to Rs 100 crore, totalling up to Rs 1,400 crore, the Kochi-based gold fina...

    16 Jan 2017, 4.04 pm  |  Source: PTI

  • HPCL to restart crude unit at Vizag refinery in 2-3 days: Chief

    HPCL to restart crude unit at Vizag refinery in 2-3 days: Chief  

    HPCL had shut the crude unit at 166,000 bpd southern Indian plant last Friday following a minor fire in its crude unit due to a pipeline leak, the company spokesman said on Saturday.

    16 Jan 2017, 3.57 pm  |  Source: Reuters

  • SPML Infra bags new orders worth Rs 800 cr

    SPML Infra bags new orders worth Rs 800 cr  

    SPML Infra has received several new orders for developing power substation, rooftop solar power plant, water and wastewater treatment and municipal solid waste management projects from different states across the country, the comp...

    16 Jan 2017, 3.48 pm  |  Source: PTI

  • Kotak Mahindra stake buy in MCX under lens (Exclusive)

    Kotak Mahindra stake buy in MCX under lens (Exclusive)  

    The Serious Fraud Investigations Office (SFIO) has written to Kotak Mahindra Bank seeking documents related to the bank’s acquisition of 15 percent stake in Multi Commodity Exchange in July 2014, sources told Moneycontrol.

    16 Jan 2017, 3.44 pm  |  Source: Moneycontrol.com

  • PE inflow in real estate up 62% in 2016 at Rs 38,000cr:JLL India

    PE inflow in real estate up 62% in 2016 at Rs 38,000cr:JLL India  

    Out of the total PE inflow, Rs 13,500 crore was investment through pure equity while the rest was through different structures of debt. Even in terms of pure equity, 2016 saw an impressive increase of 29 percent (year-on-year).

    16 Jan 2017, 3.32 pm  |  Source: PTI

  • PNB MetLife upset by leak on possible Tata AIA deal:Tata counsel

    PNB MetLife upset by leak on possible Tata AIA deal:Tata counsel  

    An earlier petition filed by Cyrus Mistry against Tata Sons in the National Company Law Tribunal (NCLT) had given details of Tata AIA Life buying majority stake in PNB MetLife Insurance

    16 Jan 2017, 3.12 pm  |  Source: Moneycontrol.com

  • Don`t interfere in real estate sector: Adi Godrej to govt

    Don't interfere in real estate sector: Adi Godrej to govt  

    "No. Nothing," he replied when asked if he thought that the government needs to do something as some argue that real estate and gold are among the biggest generators of unaccounted wealth.

    16 Jan 2017, 3.12 pm  |  Source: PTI

  • Higher service tax rate to be passed on to customers:Thomas Cook

    Higher service tax rate to be passed on to customers:Thomas Cook   

    With service tax rate increasing to 60 percent from 40 percent, cost to the consumer will go up, said Thomas Cook COO, Mahesh Iyer. The new tax will be effective from January 22.

    16 Jan 2017, 3.10 pm  |  Source: CNBC-TV18

  • Retain target of 10% sales from exports for 2020: Pawan Munjal

    Retain target of 10% sales from exports for 2020: Pawan Munjal   

    Many global markets are slowing down, size of the motorcycles market has decreased but Pawan Munjal, Managing Director of Hero Motocorp believes this is a temporary phase and will pass..

    16 Jan 2017, 2.53 pm  |  Source: CNBC-TV18

  • Total PE into real estate jumps 62% to Rs 38,000 cr in 2016

    Total PE into real estate jumps 62% to Rs 38,000 cr in 2016  

    Funds amounting to Rs 23,500 crore were pumped into realty by PE investors in 2015, as per the latest data compiled by global real estate services major JLL India.

    16 Jan 2017, 2.52 pm  |  Source: PTI

  • Danone to double India biz by 2020, lines up 10 new products

    Danone to double India biz by 2020, lines up 10 new products  

    The company, which today launched its global flagship infant nutrition brand 'Aptamil' In India, is also looking to leverage on its Indian manufacturing operations to export to neighbouring countries such as Nepal, Bangladesh and ...

    16 Jan 2017, 2.52 pm  |  Source: PTI

  • Entertainment to move to smaller screens at TV`s expense(Report)

    Entertainment to move to smaller screens at TV's expense(Report)  

    The report considers India to be at the cusp of change in terms of content viewing pattern with inclination (currently more from urban consumers) to watch content on small screen (smartphones/tablets) rather than on TV.

    16 Jan 2017, 2.44 pm  |  Source: Moneycontrol.com

  • Great Eastern Shipping to raise 500 crore via NCD

    Great Eastern Shipping to raise 500 crore via NCD  

    "The Debenture Issue Committee at its meeting held on January 16, 2017 has approved the issue of 5,000 Unsecured Non-Convertible Debentures of Rs 10 lakh each aggregating to Rs 500 crore by way of private placement," Great Eastern...

    16 Jan 2017, 2.40 pm  |  Source: PTI

  • NCLT set to pass order on Tata-Mistry case on Jan 18

    NCLT set to pass order on Tata-Mistry case on Jan 18  

    The ousted Chairman of Tata Sons, Cyrus Mistry, had moved the NCLT against Tata Sons for oppression and mismanagement of Tata Sons under the Companies Act on December 22.

    16 Jan 2017, 2.00 pm  |  Source: Moneycontrol.com

  • Looking to raise Rs 40 cr via preferential issue: Vikas Ecotech

    Looking to raise Rs 40 cr via preferential issue: Vikas Ecotech   

    Promoters of Vikas Ecotech will not be participating in the preferential issue and the stake of promoters will reduce to 42 percent from 43.5 percent post the allotment, said MD Vikas Garg.

    16 Jan 2017, 1.53 pm  |  Source: CNBC-TV18

  • `Good response to dosa burger, McDonald`s sales set to double`

    'Good response to dosa burger, McDonald's sales set to double'   

    Speaking to CNBC-TV18, Amit Jatia, Vice Chairman of Westlife Development, the fast food chain's master franchisee, said prices would increase 3-5 percent this year but would remain affordable.

    16 Jan 2017, 1.24 pm  |  Source: CNBC-TV18

  • Richest 1% own 58% of total wealth in India: Oxfam

    Richest 1% own 58% of total wealth in India: Oxfam  

    The study, released by rights group Oxfam ahead of the World Economic Forum (WEF) annual meeting here attended by rich and powerful from across the world, showed that just 57 billionaires in India now have same wealth (USD 216 bil...

    16 Jan 2017, 12.08 pm  |  Source: PTI

  • Eyeing 5,000-5,200 km of projects by the end of fiscal: NHAI

    Eyeing 5,000-5,200 km of projects by the end of fiscal: NHAI   

    National Highways Authority of India (NHAI) plans to award 10-15 percent more projects this year compared to FY16, said Yudhvir Singh Malik, Chairman of NHAI. Speaking to CNBC-TV18 Malik said they look to award closer to 5,000-5,2...

    16 Jan 2017, 12.02 pm  |  Source: CNBC-TV18

  • Demonetisation blues to keep revenue flat this fisc: Monte Carlo

    Demonetisation blues to keep revenue flat this fisc: Monte Carlo   

    Speaking to CNBC-TV18, the clothing brand’s Executive Director, Sandeep Jain said the government’s decision to junk popular bank notes came bang in the middle of the peak period for sales.

    16 Jan 2017, 11.47 am  |  Source: Moneycontrol.com

  • Tata Sons vs Cyrus Mistry: A new battle begins at NCLT on Jan 16

    Tata Sons vs Cyrus Mistry: A new battle begins at NCLT on Jan 16   

    The bitter boardroom battle between Cyrus Mistry and Tata Sons shifts to the courtroom now with the National Company Law Ttribunal (NCLT) set to hear a contempt petition filed by Mistry and Sterling Investments against Tata Sons t...

    16 Jan 2017, 11.38 am  |  Source: CNBC-TV18

  • No plans to sell stake in GNFC, says GSFC

    No plans to sell stake in GNFC, says GSFC   

    In an interview to CNBC-TV18, AM Tiwari, MD of Gujarat State Fertilizers & Chemicals (GSFC) spoke about the results and his outlook for the company.

    16 Jan 2017, 11.19 am  |  Source: CNBC-TV18

  • Tata Sons looks to expand hold over group firms

    Tata Sons looks to expand hold over group firms  

    With N Chandrasekaran assuming Chairmanship at Tata Sons, the company is considering a new structure to strengthen its control over operating companies, reports Business Standard.

    16 Jan 2017, 11.14 am  |  Source: Moneycontrol.com

  • Get ready to vroom! These 50 cars will sizzle the road in 2017

    Get ready to vroom! These 50 cars will sizzle the road in 2017  

    After making merry in 2016 car makers ranging from budget king Maruti Suzuki to luxury leader Mercedes-Benz to sports car maker Porsche are leaving no stone unturned to lure new customers with a plethora of new launches.

    16 Jan 2017, 11.13 am  |  Source: Moneycontrol.com

  • Car sales speed over demonetisation pothole, but can it sustain?

    Car sales speed over demonetisation pothole, but can it sustain?  

    While demonetisation could defer demand for passenger vehicles, there may not be cancellation says a Goldman Sachs note referring to the latest despatches data by the Society of Indian Automobile Manufacturers (SIAM).

    16 Jan 2017, 9.37 am  |  Source: Moneycontrol.com

  • NDMC ties up with MTNL in 2nd attempt at offering free Wi-Fi

    NDMC ties up with MTNL in 2nd attempt at offering free Wi-Fi  

    NDMC had partnered with Tata Teleservices in 2014 to provide the service in inner and outer circles of Connaught Place, one of the significant business and leisure centres in the city.

    16 Jan 2017, 8.40 am  |  Source: PTI

  • Tata Steel`s Sukinda Chromite Mine bags 5 awards from IBM

    Tata Steel's Sukinda Chromite Mine bags 5 awards from IBM  

    SCM was adjudged first in overall performance and systematic and scientific development of mine, second in Dump management and third position in afforestation, a Tata Steel release said.

    16 Jan 2017, 8.38 am  |  Source: PTI

  • Govt`s FY17 fund infusion into banks may exceed Rs 25K cr target

    Govt's FY17 fund infusion into banks may exceed Rs 25K cr target  

    The Finance Ministry is likely to finalise capital infusion plan for public sector banks (PSBs) this week based on the request of various lenders which have been impacted by demonetisation amid rising bad loans.

    15 Jan 2017, 7.32 pm  |  Source: PTI

  • 44 airports have potential for operations under UDAN: Report

    44 airports have potential for operations under UDAN: Report  

    About 44 airports across the country have "high potential" for operations under the ambitious Regional Connectivity Scheme (RCS) for civil aviation, UDAN, according to a report brought out by apex industry body FICCI has said.

    15 Jan 2017, 5.00 pm  |  Source: PTI

  • NSE to interview candidates for CEO this week

    NSE to interview candidates for CEO this week  

    National Stock Exchange (NSE) is likely to start the interview process this week for the Managing Director and CEO post, for which eight to ten candidates are in serious contention.

    15 Jan 2017, 5.00 pm  |  Source: PTI

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