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  • Vodafone, Idea likely to seal merger pact within a month

    Vodafone, Idea likely to seal merger pact within a month  

    UK's Vodafone and Aditya Birla group firm Idea Cellular are likely to finalise within a month the mega merger deal that will create India's largest telecom firm, according to sources.

    19 Feb 2017, 5.42 pm  |  Source: PTI

  • Vedanta to invest $10 bn on expanding business

    Vedanta to invest $10 bn on expanding business  

    Metals and mining conglomerate Vedanta will invest USD 10 billion in 3-4 years on expanding business across verticals, company's Chairman Anil Agarwal said.

    19 Feb 2017, 4.32 pm  |  Source: PTI

  • HSBC, UBS stop issuing P-Notes as India steps up clampdown

    HSBC, UBS stop issuing P-Notes as India steps up clampdown  

    A number of foreign investors including HSBC and UBS have stopped issuing controversy-ridden P-Notes as regulatory and enforcement agencies step up their clampdown on misuse of this once-popular instrument among foreigners to ...

    19 Feb 2017, 3.10 pm  |  Source: PTI

  • Tech Mahindra sees bigger business from Vodafone-Idea merger

    Tech Mahindra sees bigger business from Vodafone-Idea merger  

    Tech Mahindra sees the proposed merger of Vodafone and Idea as a "seismic" event that will impact the IT sector, but asserted that it will benefit from such a deal.

    19 Feb 2017, 3.10 pm  |  Source: PTI

  • Steel production likely to remain higher in 2017-18: Report

    Steel production likely to remain higher in 2017-18: Report  

    The country's steel production and consumption is likely to remain higher in 2017-18 from 89.79 MT of crude steel during 2015-16 backed by an increase in infrastructure allocation in the Budget, a report said.

    19 Feb 2017, 2.22 pm  |  Source: PTI

  • Havells to buy Lloyds consumer durables biz for Rs 1600 cr

    Havells to buy Lloyds consumer durables biz for Rs 1600 cr  

    Havells India today announced the acquisition of consumer durables business of the Lloyds group at an enterprise value of Rs 1,600 crores on a slump sale basis. Havells plans to finance the debt-free, cash-free deal through a mix ...

    19 Feb 2017, 2.09 pm  |  Source: Moneycontrol.com

  • Niti Aayog reviews progress on Mumbai-Ahmedabad bullet train

    Niti Aayog reviews progress on Mumbai-Ahmedabad bullet train  

    The Niti Aayog has reviewed progress of the Mumbai-Ahmedabad High Speed Rail project for which the ground breaking ceremony will take place during the visit of Japanese Prime Minister Shinzo Abe later this year.

    19 Feb 2017, 1.44 pm  |  Source: PTI

  • Mahindra plans to launch petrol XUV500 in Q1 FY18

    Mahindra plans to launch petrol XUV500 in Q1 FY18  

    Mahindra & Mahindra plans to launch a petrol variant of its flagship SUV XUV500 in the first quarter of next fiscal in the wake of customer preference shifting away from diesel vehicles in the segment.

    19 Feb 2017, 1.44 pm  |  Source: PTI

  • MapmyIndia aims 5-fold jump in revenue to Rs 1,000 cr by 2023

    MapmyIndia aims 5-fold jump in revenue to Rs 1,000 cr by 2023  

    Digital map firm MapmyIndia expects a 5-fold increase in revenue to Rs 1,000 crore with the introduction of home level navigation in its maps and from expansion of business overseas over the next five years.

    19 Feb 2017, 1.44 pm  |  Source: PTI

  • Bandhan Bank to retain focus on mircocredit for now, says CEO

    Bandhan Bank to retain focus on mircocredit for now, says CEO  

    As a strategy to grow its business, Bandhan Bank will continue to disburse a large chunk of loans as microcredit for some more time, founder and chief executive Chandra Shekhar Ghosh has said.

    19 Feb 2017, 1.44 pm  |  Source: PTI

  • Havells to acquire Lloyd`s consumer durable biz for Rs 1,600 cr

    Havells to acquire Lloyd's consumer durable biz for Rs 1,600 cr  

    The electrical goods company Havells today said it will acquire consumer durable business of Lloyd Electric & Engineering for about Rs 1,600 crore.

    19 Feb 2017, 1.44 pm  |  Source: PTI

  • NMDC in talks to acquire stake in Vietnam`s tungsten mine

    NMDC in talks to acquire stake in Vietnam's tungsten mine  

    State-owned iron ore miner NMDC Ltd is in discussions with Vietnam-based Masan Resources to acquire a "considerable stake" in its Nui Phao polymetallic mine, sources close to the development said.

    19 Feb 2017, 12.26 pm  |  Source: PTI

  • TRAI examining BSNL`s new app-based calling service; view soon

    TRAI examining BSNL's new app-based calling service; view soon  

    Telecom regulator TRAI is examining the limited fixed mobile telephony services of Bharat Sanchar Nigam Ltd following objections raised by the cellular operators, and a decision is expected soon.

    19 Feb 2017, 12.26 pm  |  Source: PTI

  • FPIs pour Rs 9,500 cr in capital markets in Feb so far

    FPIs pour Rs 9,500 cr in capital markets in Feb so far  

    Overseas investors have pumped in over Rs 9,500 crore (USD 1.4 billion) into the country's capital markets this month so far, enthused by clarity on FPI taxation.

    19 Feb 2017, 11.12 am  |  Source: PTI

  • DLF to invest Rs 3,500 cr in 2017 to complete running projects

    DLF to invest Rs 3,500 cr in 2017 to complete running projects  

    India's largest realty firm DLF Ltd will invest about Rs 3,500 crore this year to complete construction of almost all of its existing housing projects, a senior company official said.

    19 Feb 2017, 11.12 am  |  Source: PTI

  • Top seven cos add Rs 48,519 cr in m-cap

    Top seven cos add Rs 48,519 cr in m-cap  

    Seven of the top-10 most valued Indian companies together added Rs 48,518.62 crore in market valuation last week, with HDFC Bank emerging as the biggest gainer.

    19 Feb 2017, 11.12 am  |  Source: PTI

  • PE investments decline to $ 652 million in January: Thornton

    PE investments decline to $ 652 million in January: Thornton  

    Private equity investment activity has begun the new year on a sluggish note with January witnessing a decline in PE investments both in volumes as well as value terms, says a report.

    19 Feb 2017, 10.58 am  |  Source: PTI

  • The real heroes of realty are moneylenders: Surendra Hiranandani

    The real heroes of realty are moneylenders: Surendra Hiranandani  

    Hiranandani looks back at a simpler time for the real estate sector and regrets the shift from creativity in design to creativity in financing

    19 Feb 2017, 10.37 am  |  Source: Forbes India

  • TCS buyback: Will other IT majors follow suit?

    TCS buyback: Will other IT majors follow suit?  

    While buybacks are not new to the Indian market, they are not as popular when compared to the US market

    19 Feb 2017, 10.36 am  |  Source: Forbes India

  • Capgemini India chief says 65% of IT employees not retrainable

    Capgemini India chief says 65% of IT employees not retrainable  

    With the domestic IT industry staring at a shift in nature of work due to increasing use of digital technologies, a leading firm has said a majority of the workforce cannot imbibe the required emerging skill-sets, and warned of hi...

    19 Feb 2017, 10.16 am  |  Source: PTI

  • Banks look for insurance as cyber threats increase

    Banks look for insurance as cyber threats increase  

    With instances of cyber threats increasing, the banks, which are increasingly going digital prodded by government and regulators following note-ban, are looking for cyber insurance -- a fledgling industry vertical for general ...

    19 Feb 2017, 10.16 am  |  Source: PTI

  • SpaceX aborts launch after `odd` rocket engine behaviour

    SpaceX aborts launch after 'odd' rocket engine behaviour  

    Miami, Feb 18 (AFP) SpaceX aborted its planned Dragon cargo launch to the International Space Station just seconds before liftoff today due to a "slightly odd" technical issue with the Falcon 9 rocket engine.

    19 Feb 2017, 10.14 am  |  Source: PTI

  • States` market borrowings set to soar 22% to Rs 4.5 tn in FY18

    States' market borrowings set to soar 22% to Rs 4.5 tn in FY18  

    Even as the Centre has contained its fiscal deficit at 3.2 per cent for FY-18, the states are looking the other way and their gross market borrowings next financial year are estimated to jump by nearly 22 per cent to Rs 4.5 tr...

    19 Feb 2017, 9.52 am  |  Source: PTI

  • Tata Steel explores Myanmar, Bangladesh retail products

    Tata Steel explores Myanmar, Bangladesh retail products  

    Tata Steel terms consumer products as B2C and has marketed these steel products similar to FMCG strategy.

    18 Feb 2017, 4.14 pm  |  Source: PTI

  • Find out how Daimler plans to break even in India

    Find out how Daimler plans to break even in India   

    With a slowdown in commercial vehicles sales in the second half of 2016, CNBC-TV18 finds out how Daimler India will go about hitting that target.

    18 Feb 2017, 4.04 pm  |  Source: CNBC-TV18

  • Air India to operate bigger aircraft on Delhi-Bhopal route

    Air India to operate bigger aircraft on Delhi-Bhopal route  

    Air India has decided to operate an A-320 aircraft, having 168 seats, on the Delhi-Bhopal-Delhi route from February 20, an official said today.

    18 Feb 2017, 3.22 pm  |  Source: PTI

  • Toshiba meltdown: Why India is keen on buying Westinghouse nuclear reactors

    Toshiba meltdown: Why India is keen on buying Westinghouse nuclear reactors  

    Toshiba this week booked a USD 6.3 billion charge related to huge cost overruns at Westinghouse, forcing it to put its flash-memory chip business up for sale to stay solvent and pull out of nuclear power plant construction oversea...

    18 Feb 2017, 2.19 pm  |  Source: Moneycontrol.com

  • Indian IT industry faces twin challenges of Trump, automation

    Indian IT industry faces twin challenges of Trump, automation  

    The sector, led by Tata Consultancy Services, Infosys Ltd and Wipro Ltd, is lobbying hard as the new US administration under President Donald Trump considers putting in place visa restrictions.

    18 Feb 2017, 1.49 pm  |  Source: Reuters

  • When can we see the NIO EP9 drive into India?

    When can we see the NIO EP9 drive into India?   

    NIO USA, the global flagship of a Chinese electric car company, NextEV, is all set to launch electric supercar NIO EP9 in China later this year. Young Turks' Megha Vishwanath caught up with CEO Padmasree Warrior to find out when w...

    18 Feb 2017, 1.31 pm  |  Source: CNBC-TV18

  • Cipla, Serum Institute launch Hepatitis B vaccine

    Cipla, Serum Institute launch Hepatitis B vaccine  

    As per Cipla's co-exclusive agreement with SII, the former will market the vaccine for adults while the latter will market it for adults and children, a company statement said.

    18 Feb 2017, 12.54 pm  |  Source: PTI

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