JSL says no plans to sell stake in Jindal Stainless (Hisar)

Jindal Stainless (JSL) Wednesday said it has no plan to sell stake in Jindal Stainless (Hisar), but will list the demerged entity on domestic bourses after getting court's approval for the proposed business restructuring. Jindal Stainless  (JSL)...

21.03 | 0 komentar | Read More

Microsoft sues C-Cubed Solutions for technical support scam

Technology giant Microsoft has sued an Indian company along with several other entities alleging that they misused its name and registered trademarks while providing fraudulent technical support services to unsuspecting consumers.Microsoft's Digital...

21.03 | 0 komentar | Read More

IOC website hacked by a Turkish group

IOC's website www.iocl.com showed a message from TurkGuvenligi which claimed the site has "HACKED". It said, "hacking is not a crime". Website of Indian Oil Corp , the nation's largest company, was today hacked purportedly by a Turkish group. IOC's...

21.03 | 0 komentar | Read More

JSPL, JPL pay Rs 3,089 cr additional levy to govt

Jindal Steel and Power, along with its subsidiary Jindal Power, has deposited Rs 3,089.25 crore as additional levy to the government, as per the Supreme Court directions in coal block allocation scam. Jindal Steel and Power , along with its subsidiary...

21.03 | 0 komentar | Read More

Glenmark gets shareholders' nod to raise up to $ 300 mn

In a filing to the BSE, the company said its proposal to issue securities not exceeding USD 300 million was approved by with 96.07 percent votes in favour through postal ballot. Glenmark Pharmaceuticals  has received shareholders' nod to raise...

21.03 | 0 komentar | Read More

Govt seeks $137mn from ADB to develop infra in JK, K'taka

"This loan from the ADB's Ordinary Capital Resources has a 25-year term including a grace period of five years," said a Finance Ministry release. The Centre has signed agreements with Asian Development Bank (ADB) for grants worth USD 136.8 million...

21.03 | 0 komentar | Read More

RPP Infra expects to end FY15 with Rs 800 cr orderbook

A Nithya, whole time director, RPP Infra , in an interview to CNBC-TV18 spoke about the outlook for the company going forward. The company has targets FY15 revenues of Rs 275-280.The company bagged Rs 48.4 crore new orders from Tamil Nadu Water Supply...

21.03 | 0 komentar | Read More

See FY15 sales at Rs 70cr; EBITDA at Rs 12 cr: Career Point

In an interview to CNBC-TV18, Pramod Maheshwari, CMD and CEO,  Career Point Infosystems shares his views on the MOU signed with Rajasthan government for skill development courses. Below is the verbatim transcript of Pramod Maheshwari's interview...

21.03 | 0 komentar | Read More

'SpiceJet asked to pay $31.5 mn to state airport operator'

A senior government official said the aviation ministry would decide the next course of action in case the airline didn't pay by the deadline. The state-run airport operator has asked troubled budget carrier  SpiceJet Ltd to deposit 2 billion...

21.03 | 0 komentar | Read More

Oil firms face Rs 10K cr inventory loss, depreciating rupee

Indian Oil Corp  (IOC) and other state-run fuel retailers have piled up inventory loss of over Rs 10,000 crore which together with depreciating rupee has severely strained their finances ahead of a revision in petrol and diesel prices. IOC along...

21.03 | 0 komentar | Read More

Here's how 2014 fared for Indian realty sector

CNBC-TV18's Manasvi Ghelani takes a look at the year that was for the real estate space. After a sluggish 2013, the change at the helm of the nation this year ushered in new expectations and highs for the real estate sector. But optimism apart, the...

21.04 | 0 komentar | Read More

LT Hydrocarbon bags Rs 894 cr offshore contract from ONGC

The company's fully-owned subsidiary L&T Hydrocarbon Engineering (LTHE) has bagged the contract on complete turnkey basis from ONGC to improve recovery factor of Vasai East field where production started in 2008, and it is scheduled to be completed...

21.04 | 0 komentar | Read More

Vardhman Textiles sees Q3 margins, revenues under pressure

Vardhman Textiles is among India's largest manufacturers of yarn, sewing threads & acrylic fiber. It manufactures for brands like GAP, H&M, Uniqlo, Benetton, Wills, Van Heusen, and Peter England. Neeraj Jain, Joint Managing Director, ...

21.04 | 0 komentar | Read More

To meet growing demand by adding capacity: Visagar Polytex

In an interview to CNBC-TV18, Tilokchand Kothari, Managing Director at Visagar Polytex shares his outlook on the financial performance of the company in the quarter gone by and the road ahead. Currently, salwar suit is estimated to be a Rs 20,000...

21.04 | 0 komentar | Read More

Cabinet clears hiking stake in IFCI to 51%

Government Monday approved raising its stake in IFCI Ltd to 51 percent by infusing Rs 60 crore in the country's oldest financial institution. Government Monday approved raising its stake in  IFCI Ltd to 51 percent by infusing Rs 60 crore in the...

21.04 | 0 komentar | Read More

India working to fix e-commerce payments post-Uber case:Guv

The central bank is working to set a legal framework for the use of advanced e-commerce technologies but in the meantime no one can treat the absence of a solution as an excuse to violate Indian rules, Rajan told NDTV television. US taxi-hailing company...

21.04 | 0 komentar | Read More

Planned turnaround at Nagothane manufacturing site: RIL

Reliance Industries Ltd. (RIL) has scheduled a planned turnaround at its Nagothane manufacturing site. The cracker and some of the downstream units will be shut for approximately four weeks, starting around mid-January 2015. Reliance Industries Ltd....

21.04 | 0 komentar | Read More

Microsoft looking forward to be part of Digital India

Microsoft CEO Satya Nadella met IT minister Ravi Shankar Prasad on Friday. The tech honcho is looking forward to be a part of Digital India. Nadella believes the world is moving to be a more 'cloud and mobile world.' Microsoft CEO Satya Nadella met...

21.04 | 0 komentar | Read More

Nadella discusses Digital India, eCom with PM, FM, IT Min

Besides Modi, India-born Nadella also met Finance Minister Arun Jaitley and Telecom Minister Ravi Shankar Prasad and discussed modernisation and security of the government's digital infrastructure, among other issues. Keen to invest more in India,...

21.04 | 0 komentar | Read More

Checkout Narayana Murthy mentor 3 SP Jain students

Watch NR Narayana Murthy, Co-Founder, Infosys mentoring three students from SP Jain and answering their queries. Watch NR Narayana Murthy, Co-Founder, Infosys mentoring three students from SP Jain and answering their queries.Watch videos for more…...

21.04 | 0 komentar | Read More

SpiceJet has cleared employee salaries, fuel dues: CEO

Money-losing SpiceJet had delayed employees' salaries for November and briefly grounded its fleet this month for want of cash. Its majority owner, billionaire Kalanithi Maran's Sun Group, has said it cannot afford a bailout. Troubled carrier ...

21.03 | 0 komentar | Read More

Culture shift biggest challenge for Infosys in '15: Sikka

The company is also planning to focus on reusability of components and capabilities. Infosys  is charting out its plans for 2015 and CEO, Vishal Sikka has given analysts a glimpse of what to expect. He says the biggest challenge facing the software...

21.03 | 0 komentar | Read More

Titagarg grp's defence orders stand at Rs 130 cr: Cimmco

In an interview to CNBC-TV18, Umesh Chowdhary, VC and MD,  Cimmco shares his outlook for the company. Cimmco, which is now a subsidiary of the Titagarh group with the latter holding a 75 percent stake in the company, has been bidding aggressively...

21.03 | 0 komentar | Read More

Bharti Airtel VoIP move not very productive: KPMG's Ghosh

Jaideep Ghosh, Partner at KPMG in an interview to CNBC-TV18 spoke on  Bharti Airtel 's move to keep the data usage for the Voice Over Internet Protocol (VoIP) calls outside the data allowance under the bulk data packs.According to Ghosh this is...

21.03 | 0 komentar | Read More

Microsoft looking forward to be part of Digital India

Microsoft CEO Satya Nadella met IT minister Ravi Shankar Prasad on Friday. The tech honcho is looking forward to be a part of Digital India. Nadella believes the world is moving to be a more 'cloud and mobile world.' Microsoft CEO Satya Nadella met...

21.03 | 0 komentar | Read More

Eye receivables worth Rs 45cr by FY15-end: Petron

In an interview to CNBC-TV18, Ajay Hans, managing director,  Petron Engineering Construction shares his views on the latest order bagged by the company. Below is the verbatim transcript of the interview to CNBC-TV18. Reema: The company recently...

21.03 | 0 komentar | Read More

Plan to undertake more restructuring: Essel Propack

Essel Propack received approval to merge EP Lamitubes (the wholly owned subsidiary of Essel Propack) with Essel Propack and their respective shareholders from the Bombay High Court. Speaking about it Ashok Goel, VC & MD, Essel Propack told CNBC-TV18...

21.03 | 0 komentar | Read More

Jubilant buys all outstanding shares of Cadista Holdings

Jubilant Life Sciences has completed tender offer to acquire all outstanding shares of Cadista Holdings Inc, thereby making the US-based firm as its wholly-owned subsidiary. Jubilant Life Sciences  has completed tender offer to acquire all outstanding...

21.03 | 0 komentar | Read More

'See Rs 4kcr revenues post Thermal Powertech's full yr ops'

Thermal Powertech Corporation India, a joint venture between Gayatri Energy Ventures and Singapore-based Sembcorp Utilities, synchronised its first 660 MW unit with the grid. TV Sandeep Reddy, managing director of Gayatri Projects says commercial operations...

21.03 | 0 komentar | Read More

Snapdeal.com launches online 'Agri store' targeting farmers

A Hindi version of the store will also be launched soon to aid farmers in making an informed decision, the company said in a statement. Celebrating Kisan Diwas, e-retailing firm Snapdeal.com today announced the launch of "The Agri store", offering...

21.03 | 0 komentar | Read More

GMR Megawide ties up funds for Philippines airport project

"The financing will fund 70 percent of the total project cost of PHP 33 billion (USD 750 million). The loan is arranged by a consortium of six banks," GMR said. GMR Megawide Cebu Airport Corporation (GMCAC), a joint venture of GMR group and Manila-based...

21.04 | 0 komentar | Read More

UFO Moviez files DRHP for Rs 750 cr IPO via offer for sale

UFO Moviez India, India's largest digital cinema distribution network and in-cinema advertising platform in terms of numbers of screens, plans to raise around Rs 750 crore through an offer for sale. The company filed a draft red herring prospectus with...

21.04 | 0 komentar | Read More

Co-founder of SpiceJet seeks time to finalise rescue

Ajay Singh, who helped set up the airline in 2005, was expected to submit a plan on Monday. The official said Singh had sought two to three weeks to finalise the plan. A co-founder of troubled Indian carrier  SpiceJet Ltd has asked for more time...

21.04 | 0 komentar | Read More

Many suitors for Viom, rule out Bharti Infratel: SREI Infra

Sunil Kanoria of SREI Infrastructure remained tight-lipped on the potential suitors for Viom but spoke at length about the recent central bank move to breathe life into stalled infrastructure projects. Bharti Infratel  was never in the race to...

21.04 | 0 komentar | Read More

Govt must scrap 5:20 rule, says Vistara CEO Yeoh

The newly-launched airline has plans of some destinations overseas that it can operate using the existing fleet of aircrafts which is the Airbus A320. In an exclusive chat with CNBC-TV18's Sindhu Bhattacharya, Phee Teik Yeoh, CEO, Vistara expressed...

21.04 | 0 komentar | Read More

Prime Property: Check out Worli's latest luxury offering

Worli emerging as Mumbai's new luxury hotspot, Four Seasons branded residence go on sales for Rs 30 crore to Rs 100 crore apiece. Prime Property brings you details. Worli emerging as Mumbai's new luxury hotspot, Four Seasons branded residence go on...

21.03 | 0 komentar | Read More

Housing.com: Right click for properties!

Housing.com of new services like online rental agreements for Rs 75 and customised processes for home loan applications, Prime Property finds out more about the firm as it is also believed to be in talks to sell a strategic stake to Japan's Soft Bank....

21.03 | 0 komentar | Read More

Flipkart raises $700 million in fresh round of funding

As with previous funds raised, these funds will be used towards long-term strategic investments in India and to build a world-class technology company, delivering superior customer experiences, the company said in a statement. Moneycontrol Bureau...

21.03 | 0 komentar | Read More

Force Motors aims inter-city operations with new 15-seater

Force Motors Limited (FML), formerly Bajaj Tempo is targeting a major chunk of inter-city transport vehicle requirements through its recently introduced indigenous fifteen-seater vehicle, a senior official said. Force Motors  Limited (FML), formerly...

21.03 | 0 komentar | Read More

SBI has no plans to lend to SpiceJet, says Bhattacharya

State Bank of India is not looking at extending any loan to the cash-strapped airline SpiceJet, Chairperson Arundhati Bhattacharya said Friday. State Bank of India  is not looking at extending any loan to the cash-strapped airline SpiceJet ,...

21.03 | 0 komentar | Read More

Housing.com: Right click for properties!

Housing.com of new services like online rental agreements for Rs 75 and customised processes for home loan applications, Prime Property finds out more about the firm as it is also believed to be in talks to sell a strategic stake to Japan's Soft Bank....

21.03 | 0 komentar | Read More

Prime Property: Check out Worli's latest luxury offering

Worli emerging as Mumbai's new luxury hotspot, Four Seasons branded residence go on sales for Rs 30 crore to Rs 100 crore apiece. Prime Property brings you details. Worli emerging as Mumbai's new luxury hotspot, Four Seasons branded residence go on...

21.03 | 0 komentar | Read More