DoT report on TRAI spectrum auction suggestions tomorrow

The DoT panel, which reviewed sectoral regulator TRAI's  recommendations on the third round of spectrum auction, is likely to submit its report tomorrow to the Telecom Secretary, official sources said.Also read: Tata Docomo to expand mobile broadband...

21.03 | 0 komentar | Read More

Management bandwidth a concern for acquisition: Infotech

Infotech is always looking out for a good bargain. It has articulated an acquisition strategy and has also articulated the process by which these acquisitions will be made, says Krishna Bodanapu, President & COO of Infotech Enterprises . This strategy...

21.03 | 0 komentar | Read More

Airtel shareholders approve selling DCMS biz for Rs 177cr

Sep 30, 2013, 06.57 PM IST Bharti Airtel, in a filing to the BSE today, said that shareholders passed the resolution with "overwhelming majority". Like this story, share it with millions of investors on M3 ...

21.03 | 0 komentar | Read More

MCA seeks SFIO probe status on Tata-Unitech deal

The Corporate Affairs Ministry has asked financial fraud investigative agency SFIO to provide a status report on a probe that is said to have found 'dubious' transactions between Tatas and realty firm Unitech even as the two companies denied any wrongdoings.The...

21.03 | 0 komentar | Read More

DHL Express to hike rates by nearly 10% in India from Jan

Logistics services provider DHL Express today said it will hike prices by an average 9.9 percent for Indian customers from 2014 to counter impact of inflation and weakness in the rupee against the US dollar. "In India, the average price increase for...

21.03 | 0 komentar | Read More

No issue on S'pore Airlines and Tata MoU: Tony Fernandes

Clearing the air with regard to the Tatas signing MoU with Singapore Airlines, AirAsia Group CEO Tony Fernandes today said there was no issue between him, Singapore Airlines and Tatas."I have and continue to have no issue on SIA (Singapore Airlines)...

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Nalco rejects Vedanta's request for alumina

Aluminium major NALCO has rejected a request to sell surplus alumina to bauxite starved Vedanta for its smelter at Jharsuguda, saying it was against the Navaratna PSU's policy to supply it in domestic market."We are not in a position to provide alumina...

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In talks with KKR to sell stake in holding co: Apollo

Apollo Hospitals on Tuesday confirmed that they are in talks with private equity player KKR to offload a stake in the holding company, PCR Investments.Speaking exclusively to CNBC-TV18's Shereen Bhan on the day the hospital turned 30, founder Prathap...

21.03 | 0 komentar | Read More

Nalco to pay Rs 322.15 crore as dividend to government

Aluminium giant Nalco has announced a total dividend payout of 25 percent, amounting to Rs 322.15 crore for 2012-13, as against 20 percent paid in the previous year.Also read: Nalco rejects Vedanta's request for alumina Announcing this after the Annual...

21.03 | 0 komentar | Read More

Nationwide ban on earth mining for bricks and roads: NGT

In a blow to brick-kiln industry and road contractors, the National Green Tribunal has banned digging of earth across the country for making bricks and roads without prior environment clearance (EC).A bench headed by Justice P Jyothimani has directed...

21.03 | 0 komentar | Read More

No issue on S'pore Airlines and Tata MoU: Tony Fernandes

Clearing the air with regard to the Tatas signing MoU with Singapore Airlines, AirAsia Group CEO Tony Fernandes today said there was no issue between him, Singapore Airlines and Tatas."I have and continue to have no issue on SIA (Singapore Airlines)...

21.03 | 0 komentar | Read More

Nalco rejects Vedanta's request for alumina

Aluminium major NALCO has rejected a request to sell surplus alumina to bauxite starved Vedanta for its smelter at Jharsuguda, saying it was against the Navaratna PSU's policy to supply it in domestic market."We are not in a position to provide alumina...

21.03 | 0 komentar | Read More

In talks with KKR to sell stake in holding co: Apollo

Apollo Hospitals on Tuesday confirmed that they are in talks with private equity player KKR to offload a stake in the holding company, PCR Investments.Speaking exclusively to CNBC-TV18's Shereen Bhan on the day the hospital turned 30, founder Prathap...

21.03 | 0 komentar | Read More

Nalco to pay Rs 322.15 crore as dividend to government

Aluminium giant Nalco has announced a total dividend payout of 25 percent, amounting to Rs 322.15 crore for 2012-13, as against 20 percent paid in the previous year.Also read: Nalco rejects Vedanta's request for alumina Announcing this after the Annual...

21.03 | 0 komentar | Read More

Nationwide ban on earth mining for bricks and roads: NGT

In a blow to brick-kiln industry and road contractors, the National Green Tribunal has banned digging of earth across the country for making bricks and roads without prior environment clearance (EC).A bench headed by Justice P Jyothimani has directed...

21.03 | 0 komentar | Read More

Is Satyam-style takeover of NSEL possible?

The Arvind Mayaram Panel is contemplating a government takeover of National Spot Exchange Limited (NSEL), similar to what was done in the Satyam scandal, reports CNBC-TV18's Aakansha Sethi.Also read: MCA widens NSEL probe; seeks details of related entities...

21.03 | 0 komentar | Read More

Mahindra to hike prices by up to Rs 20,000 from October

Auto major Mahindra & Mahindra today said it will hike the prices of its passenger cars and commercial vehicles by Rs 6,000 to Rs 20,000 from October 1, partly to offset higher input costs and depreciation of rupee against the dollar."The company...

21.03 | 0 komentar | Read More

Econocaribe deal to be EPS accretive from 1st yr: Allcargo

Shashi Kiran Shetty, founder and executive chairman of Allcargo Logistics spoke about the company's  acquisition of US based-Econocaribe Consolidators .Allcargo Logistics has spent abour USD 50 million in acquiring Econocaribe Consolidators, says...

21.03 | 0 komentar | Read More

Flexible timings give an advantage to companies using cloud

Q What are the dynamics shaping your Industry?A Unity…. No single employee can succeed in an organization. It is always you and your team who shares success and failures. Q In Pratibha Industries , what are your real IT headaches? And what are your...

21.03 | 0 komentar | Read More

Separate industry and banking when giving new bank licenses

Out of the 12 new banks set up after the 1993 and 2001 guidelines, four were promoted by financial institutions, one each by conversion of a cooperative bank and NBFC into commercial banks, five by individual banking professionals and the remaining one...

21.03 | 0 komentar | Read More

Entry, junior level hiring to fall: TeamLease

Entry and junior level hiring are likely to witness a decline in the second half of this fiscal as employers are looking to hire "productive workforce", according to a report by TeamLease Services.Employers are hiring reactively (just-in-time) when there...

21.03 | 0 komentar | Read More

Hero MotoCorp to introduce 15 product offerings by Mar 2014

Hero MotoCorp , India's largest two-wheeler maker, is stepping up product launches and plans to introduce over 15 offerings by March next year as it seeks to consolidate its leadership position.The offerings include a refreshed version of its high-end...

21.03 | 0 komentar | Read More

Philanthropy has to be spontaneous, can't be forced: Premji

Referring to the issue related to Corporate Social Responsibility (CSR), which has been made mandatory by the new laws that govern companies, IT czar Azim Premji today said philanthropy cannot be forced and it has to be spontaneous.Also read: Companies...

21.03 | 0 komentar | Read More

'Domestic airlines may have had Rs 10k cr losses in FY13'

The domestic airlines industry is estimated to have posted losses to the tune of over Rs 10,000 crore in the previous fiscal, nearly 18 percent down from a year ago, according to a report."Capa estimated India's airlines industry posted a combined loss...

21.03 | 0 komentar | Read More

AIMA convention: RBI shouldn't micromanage, says Jalan

The All India Management Association (AIMA), the national apex body of the management profession in India, held its 40th National Management Convention in Delhi on Thursday 26, September. The event was attended by some of the big leaders of the industry,...

21.03 | 0 komentar | Read More

Tata, SIA say airline to always remain under Indian control

Tatas and Singapore Airlines have assured the government that control of their proposed airline venture would always remain in Indian hands, while seeking approval to offer passenger services on both domestic and international routes.The new venture,...

21.03 | 0 komentar | Read More

Fin Tech can be held guilty under Cos, Sebi Act: Expert

Financial Technologies can be held under both Companies Act and the Sebi Act says HP Ranina, corporate tax lawyer, for presenting unreliable profit and loss (P&L) accounts.Speaking to CNBC-TV18 soon after Financial Technologies' auditor said that...

21.03 | 0 komentar | Read More

Naresh Goyal to buy 1.11% stake in Jet from Tail Winds

Jet Airways Chairman Naresh Goyal will purchase over one per cent stake in the airline from another promoter entity, Tail Winds, for up to Rs 45 crore. In a regulatory filing, Goyal said that he would acquire 9,60,369 equity shares, accounting for a...

21.03 | 0 komentar | Read More

Baring-Hexaware deal gets CCI nod

Approving one of the biggest deals in the Indian IT space, fair trade watchdog CCI has cleared Baring Private Equity's proposed acquisition of controlling stake in outsourcing firm Hexaware Technologies , saying the transaction will not adversely impact...

21.03 | 0 komentar | Read More

India's domestic air traffic set to grow at 10%: Airbus

India's domestic air traffic is set to grow at the "fastest rate" of 10 percent against the global average of about five percent in the next two decades, triggering a demand for over 29,000 additional planes across the world, aircraft manufacturer Airbus...

21.03 | 0 komentar | Read More

Don't see rise in interest rates for infra sector: Feedback

Feedback Infra is upbeat on infrastructure sector. Co-Chairman RS Ramasubramaniam is of the view that RBI's monetary policy is positive for the macro economy, which in turn, will be beneficial for the infrastructure sector. Also, he also does not see...

21.03 | 0 komentar | Read More

Will sell 15000-17000 flats over next 2-3 years: DLF

Real state player DLF  is likely to sell over 15,000-17,000 flats in the next three years, says Rajeev Talwar, group executive director of the company. He believes the company's sales are progressing after a successful Q1, where DLF sold 1.1 million...

21.03 | 0 komentar | Read More

Will sell MCF stake if Mallya keeps mum on JV plan: Zuari

In what may come as yet another blow to liquor baron Vijay Mallya, Zuari chairman Saroj Poddar has said he will sell the Mangalore Chemical Fertilizers stake if Mallya fails to communicate on the promised MCF-Zuari joint venture (JV).Speaking to CNBC-TV18,...

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