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  • ABG Shipyard in talks with potential buyers

    ABG Shipyard in talks with potential buyers  

    Amid reports that Reliance Defence, Shapoorji Pallonji Group and the UK's Liberty House Group have shown interest in buying ABG Shipyard, the debt-ridden company today said it is in discussions with various firms which may be pros...

    17 Jan 2017, 4.38 pm  |  Source: PTI

  • Tata Power`s renewable energy portfolio reaches 3133MW in FY17

    Tata Power's renewable energy portfolio reaches 3133MW in FY17  

    Tata Power today said its total generation from renewable energy sources has reached 3133 MW this fiscal year.

    17 Jan 2017, 4.18 pm  |  Source: PTI

  • ReNew Power secures $390 mn debt funding from ADB

    ReNew Power secures $390 mn debt funding from ADB  

    The proceeds from this ADB investment will be utilized by the company to develop and expand capacities in Andhra Pradesh, Gujarat, Jharkhand, Karnataka, Madhya Pradesh and Telangana.

    17 Jan 2017, 3.56 pm  |  Source: Moneycontrol.com

  • Q3 in line with expectations; Q4 should be better: NIIT Tech

    Q3 in line with expectations; Q4 should be better: NIIT Tech   

    Thakur says the company has witnessed an expansion in margins every quarter and is confident of reaching an exit margin of 17.5 percent by the end of current fiscal.

    17 Jan 2017, 3.54 pm  |  Source: CNBC-TV18

  • Insecticides inks pact with ICAR-IARI to train farmers

    Insecticides inks pact with ICAR-IARI to train farmers  

    The company has "signed a Memorandum of Understanding (MoU) through IIL Foundation with ICAR-IARI (the Indian Agriculture Research Institute, New Delhi), the government's apex agriculture research body, to train farmers and inculc...

    17 Jan 2017, 3.54 pm  |  Source: PTI

  • Renault expects India sales to grow 8% in 2017

    Renault expects India sales to grow 8% in 2017  

    Groupe Renault, which saw a record global sales of 31,82,625 units growing by 13.3 percent in 2016, posted sales growth of 145.6 percent in India last year.

    17 Jan 2017, 3.50 pm  |  Source: PTI

  • ReNew Power secures $390 mn debt funding from ADB

    ReNew Power secures $390 mn debt funding from ADB  

    "This is the first transaction to include in its financing plans funding from ADB as well as Leading Asia's Private Sector Infrastructure Fund (LEAP). LEAP is a funding arrangement provided by Japan International Cooperation Agenc...

    17 Jan 2017, 3.28 pm  |  Source: PTI

  • Indian Hotels to raise Rs 495 cr via private placement of NCDs

    Indian Hotels to raise Rs 495 cr via private placement of NCDs  

    In a regulatory filing, the company said it "proposed to allot secured, redeemable, non-cumulative and non-convertible debentures (NCDs) aggregating Rs 495 crore on private placement basis".

    17 Jan 2017, 3.16 pm  |  Source: PTI

  • AIIMS, NBCC signs MoU to build 3,000 flats for hospital staff

    AIIMS, NBCC signs MoU to build 3,000 flats for hospital staff  

    Terming as "historic moment" the signing of MoU, Union Health Minister J P Nadda said in the last two years many development proposals of AIIMS have turned into reality.

    17 Jan 2017, 3.16 pm  |  Source: PTI

  • Speciality polymers to be 30-40% of sales in 4-5 yrs: Ester Ind

    Speciality polymers to be 30-40% of sales in 4-5 yrs: Ester Ind   

    In an interview to CNBC-TV18, Arvind Singhania, Chairman, Ester Industries spoke about the latest happenings in his company and sector.

    17 Jan 2017, 3.12 pm  |  Source: CNBC-TV18

  • TeamLease acquires Keystone Business Solutions

    TeamLease acquires Keystone Business Solutions  

    In an interview to CNBC-TV18, N Ravi Vishwanath, CFO of TeamLease Services said the acquisition of Keystone Business Solutions is the third in IT staffing.

    17 Jan 2017, 3.08 pm  |  Source: CNBC-TV18

  • Disparities have grown significantly: Sunil Mittal

    Disparities have grown significantly: Sunil Mittal  

    Speaking at a session on future of big businesses at the WEF Annual Meeting 2017 here, the Bharti group chairman said, "disparities have increased in the last 10 years, and the people who feel that are the voters".

    17 Jan 2017, 3.00 pm  |  Source: PTI

  • Cairn India gets nod for drilling 64 exploratory, appraisal

    Cairn India gets nod for drilling 64 exploratory, appraisal  

    The Expert Appraisal Committee (EAC) while according to environmental clearance set a few conditions along with other specific and general environmental conditions relevant to the project proposal.

    17 Jan 2017, 2.52 pm  |  Source: PTI

  • Capital First to raise Rs 500 cr via NCDs

    Capital First to raise Rs 500 cr via NCDs  

    The Debenture Committee of the company's board today in a meeting approved the issue.

    17 Jan 2017, 2.52 pm  |  Source: PTI

  • Niti Aayog to rank states on digital metrics, seeks data

    Niti Aayog to rank states on digital metrics, seeks data  

    "Niti Aayog will soon rank states on the basis of digital transactions. Aayog has asked the states to submit their digital transaction data within next 10 days," a senior government official said.

    17 Jan 2017, 2.42 pm  |  Source: PTI

  • Rating agencies assign investment grade to SBI bond programme

    Rating agencies assign investment grade to SBI bond programme  

    Moody's has assigned a Baa3 rating to SBI's proposed dollar denominated senior unsecured notes, issued under its USD 10 billion Medium-Term Note (MTN) program.

    17 Jan 2017, 2.42 pm  |  Source: PTI

  • Milk Mantra raises $10 mn to expand operation in east India

    Milk Mantra raises $10 mn to expand operation in east India  

    The fund would be utilised for the company's growth plans that include expanding production capacity through setting up of new plants and acquisitions.

    17 Jan 2017, 2.42 pm  |  Source: PTI

  • Cadila settles patent litigation related to Livalo tablets

    Cadila settles patent litigation related to Livalo tablets  

    The company and its subsidiary, Zydus Pharmaceuticals (USA) Inc, have finalised an agreement with Kowa Company, Kowa Pharmaceuticals America Inc and Nissan Chemical Industries to settle all outstanding patent litigation regarding ...

    17 Jan 2017, 2.20 pm  |  Source: PTI

  • AI adoption driving revenue growth for businesses: Infosys

    AI adoption driving revenue growth for businesses: Infosys  

    The report said organisations that have already deployed or have plans to deploy AI technologies expect to see a 39 percent increase on an average in their revenues by 2020, alongside a 37 percent reduction in costs.

    17 Jan 2017, 1.48 pm  |  Source: PTI

  • Cash supply improves; ATMs dispensing nearly Rs 7,000 cr a day

    Cash supply improves; ATMs dispensing nearly Rs 7,000 cr a day   

    ATMs are now dispensing Rs 7,000 odd crores per day and Rs 10-12 lakh per machine. The cash supply may be returning to near normal levels, reports CNBC-TV18.

    17 Jan 2017, 1.46 pm  |  Source: CNBC-TV18

  • Indian IT sector needs new skill sets: C P Gurnani

    Indian IT sector needs new skill sets: C P Gurnani  

    Gurnani, the CEO of leading IT firm Tech Mahindra, said opportunities are still there and the industry would also need to partner in creating new skills.Gurnani, the CEO of leading IT firm Tech Mahindra, said opportunities are sti...

    17 Jan 2017, 1.26 pm  |  Source: PTI

  • Crompton Greaves bags $105 mn order from Indonesia`s PT PLN

    Crompton Greaves bags $105 mn order from Indonesia's PT PLN  

    Avantha Group company Crompton Greaves today said it has bagged a USD 105 million (Rs 715 crore) order from Indonesia's state-owned electricity firm PT PLN to make and install power transformers.

    17 Jan 2017, 1.26 pm  |  Source: PTI

  • Nissan launches new Sunny, price starts at Rs 7.91 lakh

    Nissan launches new Sunny, price starts at Rs 7.91 lakh  

    "Nissan India is constantly listening to the voice of our customers. The New Sunny 2017 is a testimony to this with its spacious interior, comfortable drive feel and fuel-efficient engines," Nissan Motor India Managing Director Ar...

    17 Jan 2017, 1.10 pm  |  Source: PTI

  • Expect a good Q4, but wary on weakness in key account: Geometric

    Expect a good Q4, but wary on weakness in key account: Geometric   

    Geometric Limited has posted strong operational performance in Q3. In an interview to CNBC-TV18 Manu Parpia, MD & CEO, Geometric will continue to see some growth going forward into Q4.

    17 Jan 2017, 1.07 pm  |  Source: CNBC-TV18

  • NSE senior executive Ravi Varanasi in fray for top job

    NSE senior executive Ravi Varanasi in fray for top job  

    Ravi Varanasi, Chief of Business Development at National Stock Exchange has thrown his hat in the fray for the top job in his organization, sources told Moneycontrol. Varanasi has been with the exchange for nearly 22 years and is ...

    17 Jan 2017, 12.42 pm  |  Source: Moneycontrol.com

  • Why Trump`s `Make in US` rhetoric could hurt Indian automakers

    Why Trump's 'Make in US' rhetoric could hurt Indian automakers  

    US President-elect Donald Trump’s stance on promoting local manufacturing will likely hit Indian-owned foreign auto companies such as Jaguar Land Rover and SsangYong Motor Company.

    17 Jan 2017, 12.30 pm  |  Source: Moneycontrol.com

  • Look to sustain 35% growth in sanctions, disbursement in H2: REC

    Look to sustain 35% growth in sanctions, disbursement in H2: REC   

    Speaking to CNBC-TV18, PV Ramesh, CMD, Rural Electrification Corporation (REC) said government's efforts to ensure power for all by providing a boost to discoms through Ujwal DISCOM Assurance Yojana (UDAY) scheme has led to a robu...

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

  • Rewa solar proj: A potential template for other states to follow

    Rewa solar proj: A potential template for other states to follow  

    "The Rewa tender has many unique features and addresses two of the most critical risks for solar project developers in India – off-take and grid availability. If the tender results are as competitive as expected, it would provid...

    17 Jan 2017, 11.17 am  |  Source: Moneycontrol.com

  • Maruti prices up but only due to hypothecation, registration fee

    Maruti prices up but only due to hypothecation, registration fee  

    Maruti Suzuki India Ltd, India’s largest passenger carmaker by volumes, has increased the prices of its vehicles but the rise is only on account of higher administrative charges like hypothecation and registration fees. The comp...

    17 Jan 2017, 10.57 am  |  Source: Moneycontrol.com

  • 75% ATMs dispensing cash; expect normalcy in a month: Axis Bank

    75% ATMs dispensing cash; expect normalcy in a month: Axis Bank   

    Speaking to CNBC-TV18, Rajiv Anand, Executive Director at Axis Bank, said he expected all limits on cash withdrawals to be lifted by April 1.

    17 Jan 2017, 10.52 am  |  Source: CNBC-TV18

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