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  • To begin production in Karnataka mine soon: Deccan Gold

    To begin production in Karnataka mine soon: Deccan Gold   

    The plan is to go into production in Ganajur by last quarter of 2017, or first quarter of 2018. By then all licenses and permits would be in place, said Sandeep Lakhwara, Managing Director, Deccan Gold Mines.

    28 Jun 2016, 3.30 pm  |  Source: CNBC-TV18

  • SBI to soon send detailed merger plan for govt approval

    SBI to soon send detailed merger plan for govt approval  

    With nine months to go to complete the merger process involving its associates, SBI is working on details of the amalgamation proposal, which will be submitted to the government soon for approval

    28 Jun 2016, 3.14 pm  |  Source: PTI

  • ITC to invest Rs 4,000 cr to set up to 9 plants

    ITC to invest Rs 4,000 cr to set up to 9 plants  

    FMCG major ITC will invest Rs 4,000 crore over the next 2-3 years to set up 8-9 factories across the country for manufacturing of food products.

    28 Jun 2016, 2.56 pm  |  Source: PTI

  • Impaired Rs 558cr in FY16, Nissan JVs uncertain: Ashok Leyland

    Impaired Rs 558cr in FY16, Nissan JVs uncertain: Ashok Leyland  

    Hinduja flagship firm Ashok Leyland "impaired" a total of Rs 558 crore in 2015-16 on its investment in partnerships, subsidiaries and associates, including three JVs with Nissan which it termed as having "significant uncertainty" ...

    28 Jun 2016, 2.56 pm  |  Source: PTI

  • EPFO set to hike proportion of ETF investments

    EPFO set to hike proportion of ETF investments  

    Retirement fund body EPFO will on July 7 take a decision on increasing investments in stock markets through ETFs, as they have started giving returns, Labour Minister Bandaru Dattatreya said on June 28

    28 Jun 2016, 2.26 pm  |  Source: PTI

  • Bank of Maharashtra raises Rs 500 cr via bonds

    Bank of Maharashtra raises Rs 500 cr via bonds  

    "The Bank has raised Rs 500 crore by issue of Basel III compliant unsecured redeemable non-convertible Tier II bonds," it said in a BSE filing.

    28 Jun 2016, 2.26 pm  |  Source: PTI

  • I-T dept to establish over 60 taxpayer centres across country

    I-T dept to establish over 60 taxpayer centres across country  

    The Income Tax department will establish over 60 facilitation centres - Aaykar Seva Kendras: this fiscal from Goalpara in Assam to Neemuch in MP as part of efforts to widen the taxpayer base and reach a maximum number of people wh...

    28 Jun 2016, 2.26 pm  |  Source: PTI

  • RPG Life enters cosmetic segment, partners with Italian co

    RPG Life enters cosmetic segment, partners with Italian co  

    Drug firm RPG Life Sciences has forayed into the cosmetic segment by collaborating with an Italian cosmetic firm Labo Cosprophar and will launch two products for hair and skin care.

    28 Jun 2016, 2.26 pm  |  Source: PTI

  • Neotel deal to help cut debt; data biz to be in focus: Tata Comm

    Neotel deal to help cut debt; data biz to be in focus: Tata Comm   

    While Neotel’s debt will be reduced, the core debt of group will come down by USD 50 million post the deal, says Pratibha Advani, CFO of Tata Communications.

    28 Jun 2016, 1.48 pm  |  Source: CNBC-TV18

  • Confident of 25% organic growth for next 3 years: Take Solutions

    Confident of 25% organic growth for next 3 years: Take Solutions   

    Srinivasan HR, Vice Chairman & Managing Director of Take Solutions also isn't ruling out inorganic growth.

    28 Jun 2016, 1.37 pm  |  Source: CNBC-TV18

  • Pay revisions may add 10% to industry growth rate: Hitachi

    Pay revisions may add 10% to industry growth rate: Hitachi   

    Events like pay commission implementation which lead to higher disposable income level tend to add at least 10 percent to the industry's normal growth rate, says Hitachi Homes Executive Director Gurmeet Singh.

    28 Jun 2016, 12.34 pm  |  Source: CNBC-TV18

  • OnePlus Teams Up With Servify to Launch the `OnePlus Care`

    OnePlus Teams Up With Servify to Launch the 'OnePlus Care'  

    Anyone buying a new OnePlus 3 device in India from Amazon.in can register for this plan within 30 days of purchase by downloading the OnePlus Care app and registering the purchase details on the app.

    28 Jun 2016, 12.34 pm  |  Source: PTI

  • Indiabulls Housing Finance to raise Rs 625 crore

    Indiabulls Housing Finance to raise Rs 625 crore  

    "The company proposes to issue 6,250 secured non- convertible redeemable debentures with a face value of Rs 10 lakh each aggregating Rs 625 crore (plus greenshoe option) on a private placement basis," the company said in a BSE fil...

    28 Jun 2016, 12.00 pm  |  Source: PTI

  • Brexit to hit revenues, but Q1 is a safe period: Mastek

    Brexit to hit revenues, but Q1 is a safe period: Mastek   

    The impact of the currency will mainly be seen in the topline and not so much in the margins, assures Sudhakar Ram, MD & Group CEO, Mastek, adding that the company is comfortably hedged.

    28 Jun 2016, 11.32 am  |  Source: CNBC-TV18

  • Adi Godrej sees GST, pay revisions driving consumption

    Adi Godrej sees GST, pay revisions driving consumption   

    For his own company, he sees revenues growing by 5 percentage points with good monsoon and the GST.

    28 Jun 2016, 10.01 am  |  Source: CNBC-TV18

  • Liquid Telecom to buy Tata`s South African arm for Rs 2900 cr

    Liquid Telecom to buy Tata's South African arm for Rs 2900 cr  

    Liquid Telecom will acquire Neotel for Rs 2,900 crore. RBH, post the acquisition, will hold 30 percent stake in Neotel.

    28 Jun 2016, 8.42 am  |  Source: Moneycontrol.com

  • Bajaj Finserv in talks with JV partner on `various options`

    Bajaj Finserv in talks with JV partner on 'various options'  

    Bajaj Finserv is the financial services unit of Bajaj Holdings and Investments. It has 74 percent stake each in both the ventures.

    28 Jun 2016, 7.56 am  |  Source: PTI

  • Govt should not delay halting coal plant expansion: Greenpeace

    Govt should not delay halting coal plant expansion: Greenpeace  

    "It is clear that India needs an aggressive shift to clean energy now. There should be no delay in implementing the thermal power plant emission standards and halting the expansion of coal-based power," said Sunil Dahiya, Campaign...

    28 Jun 2016, 7.56 am  |  Source: PTI

  • Ola levels allegations against Uber in HC

    Ola levels allegations against Uber in HC  

    Taxi aggregator Ola Cabs today submitted in the Karnataka High Court that it has complied with all requirements of government rules for its operations.

    28 Jun 2016, 7.56 am  |  Source: PTI

  • Volkswagen reaches $14.7 bn emissions settlement

    Volkswagen reaches $14.7 bn emissions settlement  

    Volkswagen would repair or buy back polluting vehicles and pay each owner as much as USD 10,000 under a USD 14.7 billion deal the car maker has reached to settle lawsuits stemming from its emissions cheating scandal, a person brie...

    28 Jun 2016, 7.32 am  |  Source: PTI

  • Aim to cross $1 billion revenue target in FY17: Myntra

    Aim to cross $1 billion revenue target in FY17: Myntra  

    Myntra's CEO, Ananth Narayanan in an exclusive conversation with CNBC-TV18's Rukmini Rao also says he expects to reach out to about 10 million customers by the end of the season.

    27 Jun 2016, 10.09 pm  |  Source: CNBC-TV18

  • Three candidates interviewed for SBI`s MD post

    Three candidates interviewed for SBI's MD post  

    Three candidates were interviewed for the post of a managing director of the country's largest lender State Bank of India, sources said

    27 Jun 2016, 9.58 pm  |  Source: PTI

  • Sistema to buy out Russian govt`s 17.14% stake in SSTL

    Sistema to buy out Russian govt's 17.14% stake in SSTL  

    Russian conglomerate Sistema JSFC said it will acquire Russia Government's 17.14 percent stake in Sistema Shyam TeleServices Limited (SSTL) for an estimated USD 777 million

    27 Jun 2016, 9.58 pm  |  Source: PTI

  • Commercial banks deposits double to Rs 89L cr during 2010-2015

    Commercial banks deposits double to Rs 89L cr during 2010-2015  

    Deposits with commercial banks almost doubled during 2010-2015 to Rs 89.22 lakh crore while their credit rose twofold to Rs 68.78 lakh crore during the same period, RBI data showed on June 27

    27 Jun 2016, 9.56 pm  |  Source: PTI

  • China`s Baidu to mass-produce driverless cars in 5 years

    China's Baidu to mass-produce driverless cars in 5 years  

    Chinese tech giant Baidu on June 27 said it plans to begin mass-production of driverless cars in five years as part of its efforts to get ahead of its US rivals Google and Tesla Motors in the autonomous vehicle technology

    27 Jun 2016, 9.16 pm  |  Source: PTI

  • NSE to file draft papers for domestic listing by Jan 2017

    NSE to file draft papers for domestic listing by Jan 2017  

    Spelling out its listing plans, top bourse NSE on June 27 said it is has decided to get listed in India as well as abroad and will file draft IPO papers with SEBI for the domestic public issue by January 2017

    27 Jun 2016, 7.20 pm  |  Source: PTI

  • Satin CreditCare to raise Rs 100 cr via bonds

    Satin CreditCare to raise Rs 100 cr via bonds  

    Satin Creditcare Network, the microfinance lender on June 27 said it plans to raise Rs 100 crore by issuing bonds on a private placement basis

    27 Jun 2016, 7.20 pm  |  Source: PTI

  • MEP Infrastructure bags Rs 605 cr project from NHAI

    MEP Infrastructure bags Rs 605 cr project from NHAI  

    MEP Infrastructure Developers Ltd said it has won a highways project in Gujarat at a bid cost of Rs 604.68 crore.

    27 Jun 2016, 6.32 pm  |  Source: PTI

  • Hotel Leelaventure adopting asset-light strategy for growth

    Hotel Leelaventure adopting asset-light strategy for growth  

    Hospitality firm Hotel Leelaventure is adopting an asset-light strategy for future growth with more properties being taken under the management contract model

    27 Jun 2016, 6.32 pm  |  Source: PTI

  • ICICI Lombard eyes 20% growth in 2-wheeler segment this fiscal

    ICICI Lombard eyes 20% growth in 2-wheeler segment this fiscal  

    Private sector non-life insurer ICICI Lombard is looking at 20 percent growth in the long term two-wheeler segment during the current fiscal, a senior company official said on June 27

    27 Jun 2016, 6.02 pm  |  Source: PTI

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