Indian banks should move wealth mgmt services to arms: RBI

Indian banks should split wealth management and investment advisory services to avoid conflict of interest as well as address mis-selling of financial products, by creating a subsidiary, a draft report by a Reserve Bank of India (RBI) panel said.The...

21.04 | 0 komentar | Read More

Why RInfra walked out of Delhi airport metro line project

Moneycontrol BureauReliance Infra -led Delhi Airport Metro Express Pvt Ltd (DAMEPL) has refused to run the showcase 23-kilometres long metro rail line in the national capital from Monday citing financial non-viability. The firm has also asked the...

21.04 | 0 komentar | Read More

Can Ford EcoSport end Mahindra's SUV dominance?

Moneycontrol BureauMahindra & Mahindra has by far been the most successful sports utility vehicle maker in India. It sells nearly half of all SUVs sold in the country. Ford launched its much anticipated EcoSport earlier this week, which analysts...

21.04 | 0 komentar | Read More

Honda to replace power window switch of 43,000 City cars

Moneycontrol BureauHonda Cars India on Saturday said it will carry out a preventive part replacement of power window switch of 42,672 units of the second generation City sedan manufactured in 2007 and 2008. Honda says the power window switch may malfunction...

21.04 | 0 komentar | Read More

Half-Time 2013: 5 Policy Decisions That Rocked The Business World

As the year rolls into half-time, Moneycontrol.com lists the five policy decisions that impacted the common man and the corporate world during the last six months. While most these significant decisions were announced based on reports submitted by expert...

21.04 | 0 komentar | Read More

CAD at a record low of 3.6% and other top stories

Here are the top stories that made news today:CAD narrows to 3.6% in March qtr, external debt up 15% While current account deficit (CAD) narrowed down to USD 18.2 billion (3.6 percent of GDP) in the March quarter from 6.7 percent in the quarter-ago...

21.03 | 0 komentar | Read More

GE Healthcare, Konica Minolta signed distribution agreement

GE Healthcare and Konica Minolta Inc. have signed a global distribution agreement (*) of Konica Minolta's AeroDR cassette-size digital x-ray imaging retrofit. Having built a collaborative relationship for nearly ten years related to the sales of...

21.03 | 0 komentar | Read More

Geometric launches CAMWorks for Solid Edge software

Geometric Limited, a leader in advanced manufacturing software, today introduced CAMWorks for Solid Edge software, the first embedded CAM solution for the Solid Edge 3D design system from Siemens PLM Software, a leading provider of product lifecycle...

21.03 | 0 komentar | Read More

Sumitomo selects QUAKE's Q4000 M2M device

Quake Global, Inc., a leading manufacturer of M2M (machine-to-machine) devices for satellite and terrestrial networks, has announced that Sumitomo Construction Machinery Co., Ltd. will integrate QUAKE's Q4000 to further enhance and optimize its telematics...

21.03 | 0 komentar | Read More

Panel finds fault with GST draft, sends it back to fin min

The House Panel on Finance has said that the GST (Goods and Services Tax) Bill in its current form was not well drafted and required amendment, reports CNBC-TV18 economic policy editor Siddharth Zarabi.Also Read: Parliament likely to debate DTC...

21.03 | 0 komentar | Read More

Chemtrols Solar unveils PV-diesel hybrid solar power plant

Chemtrols Solar Private Limited unveils India's First MW Scale PV-Diesel Hybrid Solar Power plant in Tirupur, Tamil Nadu. A Spinning Mill in Tirupur District of Tamil Nadu has the distinction of having a MegaWatt(MW) Scale, Roof Mounted, Grid-Connected...

21.04 | 0 komentar | Read More

Toshiba launches NFC(1) LSI for mobile payments

Toshiba Corporation (TOKYO:6502) today announced that it has launched an NFC controller LSI (CLF[2]) "T6NE2XBG" for secure mobile payments via proximity wireless communication. Mass production is scheduled to start in October. The market for mobile...

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CIL to place Rs 2,000-cr order on 7 coal washeries by FY'14

Jun 25, 2013, 06.08 PM IST Coal India Limited said it would place orders worth Rs 2,000 crore for seven coal washeries with a washing capacity of 15-16 million tonnes of coal. Like this story, share it with millions of...

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Will continue to be in oil biz; keen on bank foray: Dhoot

Oil India and ONGC (via OVL) concluded a deal to buy Videocon 's 10 percent stake in oil fields in Mozambique. Speaking to CNBC-TV18, Videocon Group's Rajkumar Dhoot says that the group will continue to operate in the oil and gas sector with its...

21.04 | 0 komentar | Read More

Bajaj Auto workers at Chakan plant go on strike

Jun 25, 2013, 07.16 PM IST Workmen at the Chakan plant of Bajaj Auto Limited have gone on a strike, thereby affecting production following the management's refusal to allot shares to them at a discounted price. Like this...

21.04 | 0 komentar | Read More

Mutual funds likely to get an SRO, trade on debt segment

Mutual fund industry is set for a slew of regulatory changes, including setting up of a single SRO (Self Regulatory Organisation) for all distributors, who would also be allowed to access the stock exchange platforms.Besides, the fund houses may also...

21.04 | 0 komentar | Read More

The MobileStore launches 'The MobileStore Lounge'

Mobile technology is ever changing and can be confusing and complicated at times. It brings a host of features, of which only a few are understood and a fewer are used! The Mobile Store launches the largest smartphone destination, The MobileStore Lounge...

21.04 | 0 komentar | Read More

Minimal impact of gold import restrictions: Shree Ganesh

Shree Ganesh Jewellery 's sales are targeted primarily to the export market at 85 percent, while domestic market sales are at 15 percent, so the effect of the restrictions of import of gold are negligible, says Nilesh Parikh, chairman, Shree Ganesh Jewellery.Also...

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Cairn India to pump $3bn over 3 years to tap Raj oilfields

Cairn India plans to invest USD 3 billion over the next three years in finding more oil and raising output from its showpiece oilfields in Rajasthan, company chief executive P Elango said."We have planned for a net capital investment of USD 3 billion...

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TA Associates announces investment in Fractal Analytics

TA Associates, a leading global growth private equity firm, and Fractal Analytics, a global provider of advanced analytics to Fortune 500 companies, today announced that TA Associates has acquired a minority stake in the company for an investment of...

21.04 | 0 komentar | Read More

S Mobility's share buy-back to commence on July 10

Mobile Internet firm S Mobility Ltd today said its Board has approved a proposal to buy back shares worth up to Rs 60 crore. The buy back will commence on July 10, 2013, the company said in a filing to the BSE.Also Read: Tokyo court says Samsung infringed...

21.03 | 0 komentar | Read More

APTEL stays MERC order on cross subsidy surcharge

The Appellate Tribunal for Electricity (APTEL) today stayed a MERC order increasing cross subsidy surcharge payable by Tata Power customers migrating from Reliance Infra 's network.Also Read: Adani Power commissions third 660 MW unit of Maha plant "If...

21.03 | 0 komentar | Read More

Volvo launches V40 Cross Country in Gujarat

Luxury carmaker Volvo Auto India today launched crossover vehicle V40 Cross Country, priced at Rs 29.15 lakh, in Gujarat and set the sales target of around 120 units across India this year.Also Read: India set to become a hub for Ford, says its CEO ...

21.03 | 0 komentar | Read More

Bajaj Hindusthan to sell investment in two group firms

Country's largest sugar firm Bajaj Hindusthan today said it will seek shareholders' nod for sale of investment in two group firms related to power venture, Bajaj Energy and a subsidiary in Singapore. Bajaj Hindusthan has 26 per cent stake in Bajaj Energy,...

21.03 | 0 komentar | Read More

AFTI applauds lawmakers for taking their case against India

The recently established Alliance for Fair Trade with India has commended both the House and Senate for calling on Obama Administration to end the alleged Indian discriminatory trade practices hurting American jobs.Co-Chaired by National Association...

21.03 | 0 komentar | Read More

SBI objects to Paramount's revival plan over dues

State Bank has written to aviation regulator DGCA expressing concern over the grounded Paramount Airways' plans to re-launch the carrier, saying it has been in default for long. "Yes, we have written to the Director-General of Civil Aviation expressing...

21.03 | 0 komentar | Read More

GE Healthcare agrees to acquire certain assets of Rayence

GE Healthcare (NYSE: GE) today announced that it has agreed to acquire certain Mammography assets of Rayence, a subsidiary of Vatech Co Ltd (KOSDAQ: 043150), a Korean X-Ray manufacturer. The Mammography assets of Rayence will, at closing, become...

21.03 | 0 komentar | Read More

RBI creates sub-sector for housing, paves credit flow

Moneycontrol BureauIn a bid to facilitate housing sector growth, the Reserve Bank of India (RBI) on Friday curved out a seperate sub-sector christened as Commercial Real Estate - Residential Housing (CRE-RH), which will attract a lower risk weight...

21.03 | 0 komentar | Read More

GMR seeks $1.4bn in damages from Maldives

Indian infrastructure major GMR today sought a compensation of USD 1.4 billion from Maldives for the "wrongful termination" of its 25-year contract to develop and operate the Male International Airport. The claim was today filed before an Arbitration...

21.03 | 0 komentar | Read More

RComm, Reliance Jio to ink intra-city fiber pact soon

Jun 21, 2013, 07.06 PM IST Reliance Communications chief executive Gurdeep Singh told CNBC-TV18 that Reliance Communications (RComm) and 4G network operator Reliance Jio are now working on an intra-city fiber optic network pact that is...

21.03 | 0 komentar | Read More

Haier expects 33% increase in turnover this fiscal

Consumer durables firm Haier India today said it expects 33 percent increase in its turnover to Rs 1,600 crore which will help it to break even in the current financial year.The company that had a turnover of Rs 1,200 crore in 2012-13 is also undertaking...

21.03 | 0 komentar | Read More

Goldman Sachs lists companies to impact from falling rupee

The rupee Thursday hit a record low of 59.9 to the dollar, sending the stock and bond markets into a tizzy. The companies that will feel the pain of a falling rupee will be those which import a significant portion of their raw materials and those which...

21.03 | 0 komentar | Read More

CCEA to take up gas pricing issue next week: Sources

The Cabinet Committee on Economic Affairs (CCEA) is likely to take up gas pricing issue next week, exclusive sources told CNBC-TV18.Early this year, a panel of experts had recommended doubling domestic gas price from about  USD 4.2 per mmBtu (metric...

21.03 | 0 komentar | Read More

Cabinet may consider natural gas price hike next week

The Cabinet may consider next week across-the-board hike in natural gas prices after key finance and fertiliser ministries have endorsed Oil Ministry proposal for a 60 percent increase in rates immediately.    The ministries of Finance,...

21.03 | 0 komentar | Read More

Sony, Samsung to keep price on hold as of now

Two major consumer durables and home appliances makers Sony and Samsung have ruled out any immediate hike in prices of products even as a steep fall in rupee against dollar has squeezed margins.    The two players however said that...

21.03 | 0 komentar | Read More

Current order book at Rs 6000cr: Pratibha Industries

Pratibha Industries ' order book position has picked up in Q1 and currently stands at Rs 6,000 crore CEO Yogen Lal told CNBC-TV18. Execution of orders was relatively slower in the last quarter as the company was at the initial stages of projects with...

21.03 | 0 komentar | Read More

Self-drive your way to glory with ZoomCar

London based market intelligence firm Euromonitor has pegged the Indian car hire market at about USD 3 billion currently with a growth rate of 14 percent just last year.Self-drive was the fastest growing segment which prompted the duo of Greg Moran and...

21.03 | 0 komentar | Read More