Did govt let telecom sector down? Chandrashekhar argues

The tenure of R Chandrashekhar, telecom secretary, has been most eventful. During his tenure, the business and investment sentiment in the sector dipped significantly and many legal dispute pertaining to auction, policy and pricing cropped up. In an...

21.03 | 0 komentar | Read More

b:kind for women: Stylish, trendy, affordable fashion

Looking good does not come cheap especially if branded apparel is your fix. Twenty-six-year-old Vidhi Shah, with master's degree in fashion marketing communication from IED Milan and backend support from family's apparel business, launched the brand...

21.03 | 0 komentar | Read More

Jaypee Infratech targets revenue of Rs 4,000 crore in FY14

Jaypee Infratech , which has been reeling under huge debts, is aiming to raise its revenue to Rs 4, 000 crore in 2013-14 on the back of two three projects that company plans to launch in the next fiscal, Executive Chairman Manoj Gaur told CNBC TV18 in...

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Videocon Mobile to provide pan-India services in 2-3 years

Videocon Mobile Services, which operates in seven of the 22 telecom circles, today said it intends to cover the entire country within 2-3 years. "The company is a national player in telecom sector and has ambition to start services across the country...

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How impact investing could affect biz in India

The Rockefeller Foundation reports that impact investing is set to grow at an annual pace of 30 percent. India is the second-largest market for impact investing after the US, with USD 500 million worth of investments made in 2012 alone. But what does...

21.03 | 0 komentar | Read More

Did govt let telecom sector down? Chandrashekhar argues

The tenure of R Chandrashekhar, telecom secretary, has been most eventful. During his tenure, the business and investment sentiment in the sector dipped significantly and many legal dispute pertaining to auction, policy and pricing cropped up. In an...

21.03 | 0 komentar | Read More

b:kind for women: Stylish, trendy, affordable fashion

Looking good does not come cheap especially if branded apparel is your fix. Twenty-six-year-old Vidhi Shah, with master's degree in fashion marketing communication from IED Milan and backend support from family's apparel business, launched the brand...

21.03 | 0 komentar | Read More

Jaypee Infratech targets revenue of Rs 4,000 crore in FY14

Jaypee Infratech , which has been reeling under huge debts, is aiming to raise its revenue to Rs 4, 000 crore in 2013-14 on the back of two three projects that company plans to launch in the next fiscal, Executive Chairman Manoj Gaur told CNBC TV18 in...

21.03 | 0 komentar | Read More

Videocon Mobile to provide pan-India services in 2-3 years

Videocon Mobile Services, which operates in seven of the 22 telecom circles, today said it intends to cover the entire country within 2-3 years. "The company is a national player in telecom sector and has ambition to start services across the country...

21.03 | 0 komentar | Read More

How impact investing could affect biz in India

The Rockefeller Foundation reports that impact investing is set to grow at an annual pace of 30 percent. India is the second-largest market for impact investing after the US, with USD 500 million worth of investments made in 2012 alone. But what does...

21.03 | 0 komentar | Read More

Panel studying AI's health submits report

A committee, which suggested measures to lower the high costs of Air India's operations and improve utilisation of its resources including manpower, submitted its report to civil aviation minister Ajit Singh on Thursday."The recommendations of this committee...

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DHFL Vysya cuts rates with eye on 50% growth in FY14

South-based DHFL Vysya Housing Finance, an associate company of Dewan Housing (DHFL), has decided to reduce the interest rate in 0.2-0.5 percent range on housing loans from April 1 while aiming for 50 percent growth during 2013-14."We are the first among...

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Non-bailable warrant issued against DCHL directors

A non-bailable warrant (NBW) has been issued against the directors of Deccan Chronicle Holdings by a Chandigarh-based Sessions Court in a case related to cheques bouncing to the tune of Rs 6 crore, reports CNBC-TV18's Appaji Reddem.The case is filed...

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Nokia's performance not related to my decision: Shivakumar

Nokia's operations head for India, West Asia and Africa D Shivakumar quit the Finnish handset major after an eight-year stint with the company.Speaking to CNBC-TV18, he said the decision to quit was not related to Nokia's performance. Shivakumar was...

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DDA extends lease for Taj Palace Hotel to IHCL for 25 years

Tata group hospitality major Indian Hotels Company ( IHCL ) today said lease of its Taj Palace Hotel in the city has been renewed for 25 years from April 1 this year."The Indian Hotels Company Limited (Taj Group) is pleased to confirm that it has received...

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Preliminary hearing on GMR arbitration on April 10

Four months after Maldives terminated the contract given to Indian infrastructure major GMR to develop and operate the international airport in Male, the two sides will sit down next month in London to begin the multi-million dollar arbitration process.The...

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Will maintain current volume growth going forward: Dabur

FMCG major Dabur expects to maintain current volume growth going forward. In an interview to CNBC-TV18 chief executive officer Sunil Duggal said the company's consumer discretionary goods portfolio is showing good growth, despite the slowdown."The fourth...

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Tata Sons ups stake in Titan Industries via block deal

Moneycontrol BureauTitan Industries gained over 1 percent on Thursday, reversing earlier losses following a block deal of around 3.88 crore shares on the Bombay Stock Exchange. The block deal, which accounted for 4.3 percent of its equity was at Rs...

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Technology meets innovation, Handygo grows large

When 35 year old Praveen Rajpal launched Handygo Technologies from his home, back in 2000 with a Rs 70,000 loan from his father, he didn't quite imagine that the mobile value added services (VAS) business in India would be a Rs 21,000 crore opportunity...

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Gartner sees global IT spending up 4% to $3.8tn in 2013

Moneycontrol BureauWorldwide IT (information technology) spending is projected to total USD 3.8 trillion in 2013, up 4.1 percent year-on-year, research and advisory firm Gartner said on Thursday. The Gartner Worldwide IT spending forecast is an indicator...

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'BRICS bank will help enhance credit access for Indian cos'

The fifth BRICS Summit began in Durban on Tuesday. For the first time the BRICS nations are meeting in South Africa. The key discussion at the BRICS meet until now is the progress on the BRICS Development Bank. Finance ministers of the BRICS countries...

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Boeing to conduct certification demonstration flight of 787

On Tuesday Boeing said in a statement that it conducted a functional check flight on its 787 Dreamliner and now will conduct a certification demonstration flight. This demonstration will be to show that the new battery system on the Dreamliner is working...

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Motor insurance premium to be costly by up to 20% from Apr

Motor insurance premium is set to become more expensive, with IRDA allowing up to 20 percent increase in third party rates from April 1 in view of rising inflation and the history of claim settlement."The overall percentage increase in the motor third...

21.03 | 0 komentar | Read More

Low taxes, infra key to aviation biz take-off not FDI: IATA

In an interview CNBC-TV18 director general & CEO, IATA Tony Tyler pointed out that lower taxes, tighter control on costs and creation of adequate infrastructure are key to a business environment that will lure increased investment into the aviation...

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NLC invites bids to buy coal mines overseas

State-owned Nevyeli Lignite Corporation (NLC) has invited bids from global firms to acquire coal assets overseas for providing fuel security to its thermal power plants."NLC intends to secure its thermal coal-requirement by acquiring coal blocks abroad,...

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Expect fertiliser demand to pick from FY14: Coromandel Intl

In an interview to CNBC-TV18 Kapil Mehan, MD of Coromandel International said, the new complex fertiliser plant at Kakinada is likely to achieve full capacity utilisation by FY14-15."This plant will add a capacity of 4.25 lakh tonne to our existing capacity...

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Basel proposes cap to halve bank exposures

A bank should limit its exposure to any other single bank at no more than 5 percent of its capital base to ensure it can stay in business if the other lender defaults, global regulators proposed on Tuesday.The Basel Committee of banking supervisors from...

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Yes Bank floats 100% subsidiary co, eyes acquisition

Saikat Dasmoneycontrol.comPrivate sector lender Yes Bank has constituted a 100% subsidiary company Yes Securities India Ltd to kick start its brokerage business by August-September, 2013. According to Jaideep Iyer, senior president financial management,...

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Bharti Airtel arm raises USD 500 mn, shares soar 3%

Country's largest telecom operator Bharti Airtel gained more than 3 percent on Tuesday after its subsidiary Bharti Airtel International (Netherlands) BV raised USD 500 million notes (additional notes).The company says it is in addition to the recently...

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European Commission gives nod to KTM-Husqvarna deal

All decks are cleared for the acquisition of off-road motorcycle brand Husqvarna by Pierer Industrie AG, the parent firm of KTM Auto as the European anti-trust Commission has given its nod for the buyout.According to sources, the Commission gave its...

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Colgate Palmolive (India) to sell division for Rs 60 cr

Colgate Palmolive (India) today said its board has approved the selling of a division to Colgate Global Business Services (CGBSPL) for Rs 59.89 crore.The board has agreed to sell the company's division- Global Shared Services Organisation - to CGBSPL,...

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Godrej Appliances sees 25% sales growth in FY2014

Nachiket Kelkarmoneycontrol.comConsumer durables maker Godrej Appliances, a part of Godrej & Boyce Mfg Co expects its sales to grow around 25 percent year-on-year in 2013-14 (April-March), a top company official said on Monday. It is expecting to...

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CIL okays change of Rs 2,539-cr BCCL liability into shares

State-owned Coal India (CIL) on Monday said its board has approved conversion of liabilities worth Rs 2,539 crore of Bharat Coking Coal Ltd (BCCL) into preferential shares."The board of directors of the company (CIL)...has approved to convert the loan...

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TCS wins USD 43 m contract from Norway Post

Tata Consultancy Services ( TCS ) and global outsourcing services firm Capgemini have been awarded contracts worth USD 43 million (about Rs 233 crore) each from Norway Post to operate and manage its applications.The 6-year deal encompasses delivery of...

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Sinopec to pay $1.5 bn for parent's oil, gas assets

China Petroleum and Chemical Corp (Sinopec Corp), Asia's largest refiner, will pay USD 1.5 billion for overseas oil and gas-producing assets held by its parent in a long-awaited move to reshape its business and improve earnings.Shares of Sinopec jumped...

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Shale gas exploration policy in next 10-15 days: Moily

India will unveil a shale gas exploration policy in next fortnight as it looks to exploit unconventional hydrocarbon resource to meet its growing energy needs. "We will take a shale gas policy to the Cabinet (for approval) in couple of days," Oil Minister...

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Will Masala Library get lucky with a Michelin star?

Zorawar Kalra, thirty-five-year-old management graduate from Boston's Bentley Business University has an entrepreneurial bent of mind and a genetic love for food. It is no surprise that for the last six years since his return to India, Zorawar has turned...

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