Q2 subsidy burden indicated at over Rs 13,000cr: ONGC

The Kirit Parikh panel is likely to submit its report on Pricing Methodology of Petroleum Products to the government on October 30; it is widely expected that the panel will recommend an immede hike in fuel prices including a diesel price hike of Rs...

21.04 | 0 komentar | Read More

Taking corrrective measures on regulatory issues: Wockhardt

Commenting on the concerns regarding regulatory issues surrounding plants in Waluj and Chikalthana, Dr Habil F Khorakiwala, Founder Chairman & Group CEO, Wockhardt says they are taking corrective measures. "I can only say that we are taking appropriate...

21.04 | 0 komentar | Read More

EPC biz turnover to improve by 15% ahead: Ashoka Buildcon

Paresh Mehta, CFO of Ashoka Buildcon expects the company's engineering, procurement and construction (EPC) segment to clock 15 percent higher revenue this year versus previous year.Speaking to CNBC-TV18 about the financial performance of the company,...

21.04 | 0 komentar | Read More

ICICI Lombard GI posts Rs 359 crore profit in H1 of FY14

Private sector general insurer ICICI Lombard General Insurance has reported a close to two times rise in its net profit to Rs 359 crore in first half of the current financial year, a company release said.Also Read: Sigh of relief! Now insurance cover...

21.04 | 0 komentar | Read More

SC refuses to pass order allowing Subrata Roy to go abroad

The Supreme Court today refused to pass any interim order for allowing Sahara chief Subrata Roy to go abroad before his group files a review petition seeking to modify the court's earlier order restraining him from leaving.Also Read: SC orders Sahara...

21.04 | 0 komentar | Read More

SpiceJet plans gradual global expansion

Aiming to expand its international network gradually, no-frills carrier SpiceJet today said it would add two more global destinations, Dammam and Kuala Lumpur, by March next year along with increasing frequencies on certain foreign routes."We are going...

21.03 | 0 komentar | Read More

Vodafone India to invest Rs 4,000-6,000 cr annually

Vodafone India, the nation's second-biggest telecom firm, will continue to invest a minimum of Rs 4,000 crore to Rs 6,000 crore every year to expand operations in the world's second-biggest mobile phone market, its chief executive has said.The company,...

21.03 | 0 komentar | Read More

Airtel Digital TV launches set-top box for Rs 2,000

Oct 27, 2013, 02.10 PM IST Airtel Digital TV, the direct to home (DTH) arm of Bharti Airtel, today launched a set-top-box for Rs 2,000 wherein customers can record by plugging-in an external storage device such as pen drive. ...

21.03 | 0 komentar | Read More

Walmart resumes US lobbying on FDI in India

Global retail giant Walmart has resumed its lobbying with the US lawmakers on matters related to FDI in India and it spent USD 1.5 million on about 50 specific issues, including those related to Indian market during the last quarter."Discussions regarding...

21.03 | 0 komentar | Read More

CIL stake sale likely in November or December: Jaiswal

The government today said the five percent stake sale in state-owned Coal India (CIL) is likely to take place either in November or December."It is likely that it (stake sale in Coal India ) may happen either in November or December," Coal Minister...

21.03 | 0 komentar | Read More

No-confidence motion moved against GCMMF Chairman

A no-confidence motion has been moved against the Chairman of Gujarat Cooperative Milk Marketing Federation (GCMMF), the apex marketing body of various district dairy cooperatives that markets Amul brand for alleged mismanagement.The resolution to bring...

21.03 | 0 komentar | Read More

Don't have power to monitor NSEL e-series: FMC

After much delay, the Forward Markets Commission (FMC) today cited an internal communication with the Finance Ministry before the Bombay HC to clarify that as per the August notification, FMC does indeed have the power and responsibility to monitor NSEL...

21.03 | 0 komentar | Read More

Ultratech plans to raise Board strength to 15

Oct 25, 2013, 09.23 PM IST Ultratech Cement would take shareholders' view till November 29 and has appointed Nilesh Trivedi, Partner KBNT & Associates as the scrutiniser for conducting the postal ballot voting process. ...

21.03 | 0 komentar | Read More

Q2 earnings hit by recent regulatory actions: Wockhardt

Troubled drug maker Wockhardt reported a weak set of Q2 earnings . It posted a 70 percent drop in its profit after tax at  Rs 138 crore and an 11 percent drop in consolidated revenues at Rs 1197 crore on a year on year basis because of product recalls...

21.03 | 0 komentar | Read More

Ajit Singh writes to PM seeking export sops for sugar mills

In view of surplus domestic sugar output, Union Minister Ajit Singh today shot off a letter to Prime Minister Manmohan Singh demanding export sops and hike in import duty to improve finances of millers.The letter to PM comes in the backdrop of sugar...

21.03 | 0 komentar | Read More

No-confidence motion moved against GCMMF Chairman

A no-confidence motion has been moved against the Chairman of Gujarat Cooperative Milk Marketing Federation (GCMMF), the apex marketing body of various district dairy cooperatives that markets Amul brand for alleged mismanagement.The resolution to bring...

21.03 | 0 komentar | Read More

Don't have power to monitor NSEL e-series: FMC

After much delay, the Forward Markets Commission (FMC) today cited an internal communication with the Finance Ministry before the Bombay HC to clarify that as per the August notification, FMC does indeed have the power and responsibility to monitor NSEL...

21.03 | 0 komentar | Read More

Ultratech plans to raise Board strength to 15

Oct 25, 2013, 09.23 PM IST Ultratech Cement would take shareholders' view till November 29 and has appointed Nilesh Trivedi, Partner KBNT & Associates as the scrutiniser for conducting the postal ballot voting process. ...

21.03 | 0 komentar | Read More

Q2 earnings hit by recent regulatory actions: Wockhardt

Troubled drug maker Wockhardt reported a weak set of Q2 earnings . It posted a 70 percent drop in its profit after tax at  Rs 138 crore and an 11 percent drop in consolidated revenues at Rs 1197 crore on a year on year basis because of product recalls...

21.03 | 0 komentar | Read More

Ajit Singh writes to PM seeking export sops for sugar mills

In view of surplus domestic sugar output, Union Minister Ajit Singh today shot off a letter to Prime Minister Manmohan Singh demanding export sops and hike in import duty to improve finances of millers.The letter to PM comes in the backdrop of sugar...

21.03 | 0 komentar | Read More

Tata SIA Airlines flights likely by May-June

A day after FIPB cleared the Tata-Singapore Airlines' (SIA) airline venture, Tata group Chairman Emeritus Ratan Tata and SIA chief Goh Choon Phong today met Civil Aviation Minister Ajit Singh exuding confidence of launching flights by May-June next year.Also...

21.03 | 0 komentar | Read More

Unichem gets approval for Amlodipine Besylate Tablets

Oct 25, 2013, 05.48 PM IST Unichem laboratories Limited are pleased to announce that it has received ANDA approval from the United States Food and Drug Administration for Amlodipine Besylate Tablets Source: Business Wire India ...

21.03 | 0 komentar | Read More

Telecom user base grows marginally to 90.61 cr in Aug

Oct 25, 2013, 05.59 PM IST The total number of wireless subscribers increased from 87.48 crore in July to 87.67 crore in August, a monthly growth of 0.21 percent. Like this story, share it with millions of investors on...

21.03 | 0 komentar | Read More

GAIL sells part of stake in China Gas Holdings for Rs 385cr

Oct 25, 2013, 06.22 PM IST The board of GAIL had accorded approval to partially divest its equity stake in China Gas for recoupment of entire initial investment, while retaining the strategic advantage as envisaged at the time of initial...

21.03 | 0 komentar | Read More

Sebi orders a/c attachment to recover Rs 1520cr from CIS co

Market regulator Sebi today ordered attachment of over 50 bank accounts of West Bengal-based MPS Greenery Developers Ltd for recovery of Rs 1,520 crore, along with applicable returns, collected from investors through illegal collective investment schemes.This...

21.03 | 0 komentar | Read More

Federal Bank gets FIPB nod to raise foreign shareholding

Oct 24, 2013, 07.10 PM IST The Kerala-based bank had approached FIPB for permission to increase foreign shareholding after the RBI prohibited foreign institutional investors, non-resident Indians and persons of Indian origin from purchasing...

21.03 | 0 komentar | Read More

PowerGird FPO anytime next month; govt may raise Rs 1,900cr

Oct 24, 2013, 07.07 PM IST According to the company, the government could get about Rs 1,900 crore from the process, while the company will garner about Rs 6,000 crore from the sale of fresh equities. Like this story,...

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Axis Bank now Aadhaar linked, launches eKYC for a/c opening

UIDAI Chairman Nandan Nilekani today launched an electronic-KYC system for Axis Bank . Shikha Sharma, MD & CEO, Axis Bank told CNBC-TV18's Latha Venkatesh that it launched an eKYC for account opening across 1,000 branches of the bank across the country....

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CBI questions senior executive of JSPL

CBI today questioned a senior executive of Jindal Steel and Power Limited in connection with alleged irregularities in the allocation of coal block to the company. CBI sources said they had sought appearance of any executive of the company for examination...

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Unichem gets USFDA nod for generic hypertension tablets

Unichem Laboratories today said it has received approval from the US health regulator USFDA for its generic amlodipine besylate tablets used for treating hypertension and coronary artery disease.Also Read: Lupin to rely on Antara sales to rebuild brand:...

21.03 | 0 komentar | Read More

Companies meet IMG on delays in coal blocks' development

The Coal Ministry has asked firms including JSPL , NTPC , SAIL and Tata Power to make presentation before the IMG on Thursday and Friday on the achievement of milestones prescribed for developing 30 mines that were allotted to them and their reasons...

21.03 | 0 komentar | Read More

TRAI sticks to its guns on spectrum reserve price

The TRAI today minced no words in its response to the Department of Telecom's view that the proposed sharp cut in reserve price of 900 and 1800 Mhz spectrum was based on assumptions that did not stand scrutiny. In a hard hitting response, TRAI rejected...

21.03 | 0 komentar | Read More

Leela Venture looking to sell stake in 2 projects: Sources

In a CNBC-TV18 exclusive, sources say that Leela Venture is looking to divest its stake in two of its projects, Leela Palace Delhi and Leela Palace Chennai. Leela Venture is in talks with individual investors for stake divestment, which will help the...

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Tax dispute a sideshow; won't impact India plans: Vodafone

Vodafone's MD and CEO Martin Pieters has welcomed the TRAI's move to stick to its stance . In an exclusive interview with CNBC-TV18's Shereen Bhan Pieters spoke about the new M&A policy and the conciliation process with the government over the tax...

21.03 | 0 komentar | Read More