APTEL upholds users' interest in switching to Tata Power

The APTEL today observed that though it has not laid distribution network for supplying power to residential consumers of RInfra, Tata Power has not resorted to cherry picking, the Tata Group company said attributing the information to the order passed...

21.03 | 0 komentar | Read More

Voda moves court against DoT

Court has issued a notice to the Department of Telecommunications. Vodafone's licence expires in December next year. Vodafone on Friday moved the court against the telecom department's decision to "not" extend its licence in six circles. Court has...

21.03 | 0 komentar | Read More

Foreign telcos may not benefit much from payment bank rules

Rules prohibit foreign players from applying for a license as standalone entities. So these players will need an Indian JV partner who holds at least a 24 percent stake in the venture to be eligible. The final payment bank guidelines released by the...

21.03 | 0 komentar | Read More

Rs 100cr sales target by 2017 for Caprese: VIP Industries

CNBC-TV18's Pavni Mittal caught up exclusively with company MD Radhika Piramal to understand how she plans to achieve that target. VIP Industries ' 2-year old ladies' handbag brand Caprese recently launched its biggest marketing campaign in order...

21.03 | 0 komentar | Read More

Toyota recalls 5,834 Corolla Altis diesel models in India

When it comes to marques that have been issuing recalls in India, Toyota tops the list. The manufacturer, a few weeks back recalled the Camry model and is now bringing the Corolla Altis diesel variants back to the workshops. When it comes to marques...

21.03 | 0 komentar | Read More

iYogi: Online subscription-based technical support service

Founded in 2007, iYogi acts as your computer's online doctor and its team of 5,000 manages close to 2.2 million devices remotely from their headquarters in Gurgaon. Founded in 2007, iYogi acts as your computer's online doctor and its team of 5,000...

21.03 | 0 komentar | Read More

TRAI sets Nov 29 as deadline for porting out Loop customers

Loop Mobile's permit in Mumbai is expiring on November 29 as it did not purchase spectrum in February auction which was mandatory for continuing its operations. Telecom regulator TRAI has fixed midnight of November 29 as deadline for subscribers of...

21.03 | 0 komentar | Read More

Jet Airways board approves raising up to $300 m via NCDs

While the timeline of the fundraising has not been outlined, the move will help Jet Airways bring down its debt. The board of Jet Airways  has given its nod to raise long-term finance of up to USD 300 million via redeemable preferential shares...

21.03 | 0 komentar | Read More

Exchanges to suspend trading in Kingfisher, UB Engineering

In a major clampdown for non-compliance of Listing Agreement, top exchanges BSE and NSE today announced suspension of trading in shares of Kingfisher Airlines  and another group firm, UB Engineering , from next month. Besides, the entire promoter...

21.03 | 0 komentar | Read More

South India emerges as property hotspot

South India has pipped the north and west when it comes to commercial real estate. From January to September, almost 50 percent of new office space deals were struck in Chennai, Hyderabad and Bangalore. Thanks primarily to the IT/ITeS sector, commercial...

21.03 | 0 komentar | Read More

Rolls-Royce launches Ghost Series II at Rs 4.50 cr

British ultra-luxury car maker Rolls-Royce today rolled out its latest offering Ghost Series II in the domestic market, priced at Rs 4.50 crore and pitched for lower taxes to spur growth in the ultra luxury car segment in the country. British ultra-luxury...

21.03 | 0 komentar | Read More

Govt asks telcos to implement full MNP by May

Currently, MNP norms allow users to retain their numbers while changing their operators within the same service area. India has 22 telecom circles. Government has asked telecom firms to implement full mobile number portability (MNP) by May 3, a move...

21.03 | 0 komentar | Read More

Not in top 3 but count on us for value: TCS' Chandrasekaran

Tata Consultancy Software ( TCS ) has been sponsoring the New York Marathon for eight years and the brand may catch up with the leadership the business enjoys right now. A day before the Marathon, TCS CEO N Chandrasekaran spoke to CNBC TV18 about making...

21.03 | 0 komentar | Read More

ArcelorMittal posts USD 22mn profit in July-Sept

ArcelorMittal today reported a net income of USD 22 million for the July-September quarter of this year on the back of higher sales and better price. ArcelorMittal today reported a net income of USD 22 million for the July-September quarter of this...

21.03 | 0 komentar | Read More

Britannia bets big on health food products

Britannia Industries, the maker of Tiger and Good Day biscuits, is betting big on the health food category. In an interaction with CNBC-TV18's Zahra Khan, Britannia MD Varun Berry discussed the company's plans in the segment. At this point in time,...

21.03 | 0 komentar | Read More

Telecom industry needs more spectrum: Mittal

Telecom Regulatory Authority of India, on October 15, gave its recommendation on spectrum auction for premium 900 Mhz band and 1800 Mhz band that are presently being used for 2G GSM mobile services by Airtel, Vodafone, Idea Cellular and Reliance Communications....

21.03 | 0 komentar | Read More

Kol, Chennai airports dropped off privatisation map: Source

It is almost certain.  Two of the biggest airports, at Kolkata and Chennai, have been dropped off  Government's privatisation map. CNBC-TV18's Sindhu Bhattacharya reports quoting sources that the much delayed consent of the Government on developing...

21.03 | 0 komentar | Read More

ITC likely to set up food processing park in Telangana

Telangana, state IT Minister K T Rama Rao did not disclose the investment proposal by ITC, saying that talks are still in preliminary stages. Rao further said that ITC Group would be pumping in around Rs 700 crore for the proposed hotel. ITC  Limited...

21.03 | 0 komentar | Read More

ONGC Videsh eyes stake in Tullow Oil's Africa assets

India, the world's fourth biggest oil consumer, has charged state oil firms with acquiring assets overseas to improve the security of its energy supplies. The country imports about 80 percent of its crude needs. ONGC Videsh, the overseas investment...

21.03 | 0 komentar | Read More

ONGC disinvestment roadshows from November 17

The government will begin roadshows to attract investors to the planned 5 percent stake sale in  Oil and Natural Gas Corp (ONGC) from November 17. Roadshows will be held in Singapore, Hong Kong, London, New York and Boston, a top government official...

21.03 | 0 komentar | Read More

DLF gets interim relief; allowed to redeem Rs 1806cr of MFs

After hearing an appeal for interim relief by DLF, the Tribunal allowed the company to redeem mutual funds worth Rs 767 crore in the current month and further funds worth Rs 1,039 crore in December. In an interim relief against Sebi order, realty...

21.03 | 0 komentar | Read More

Ranbaxy gets USFDA nod to sell cholesterol medicine

Commenting on the development, Ranbaxy Inc Trade Sales Vice President Dan Schober said: "The product will be manufactured at Ohm Laboratories, in our US facility located in New Brunswick, New Jersey and launched immediately thereafter." Drug firm ...

21.03 | 0 komentar | Read More

Goa Cabinet approves grant of mining lease policy

The renewal list is likely to include Sesa Sterlite's three leases. Salgaocar, Fomento Resources and Bandhekar brothers are expected to be other beneficiaries. CNBC-TV18 learns that the Goa Cabinet has approved the grant of mining lease policy. The...

21.03 | 0 komentar | Read More

17 Indian cos invited to join league of 'Global Growth Cos'

Seventeen "fastest growing" Indian companies, including Avesthagen and Flipkart, have been invited to join the World Economic Forum Global Growth Companies (GGCs) community comprising 370 firms. The selected companies are: 4G Identity Solutions, ANI...

21.03 | 0 komentar | Read More

Allahabad Bank cuts rate on retail deposits by 0.15%

The new rates will be applicable from November 10, 2014, the bank said in a filing to the BSE. Public sector lender Allahabad Bank  today cut by 0.15 percent the rate of interest on retail term deposits maturing in 1-5 years. The new rates will...

21.03 | 0 komentar | Read More

'Maruti investing about Rs 4k cr in key areas in 2-3 yrs'

MSIL would also focus more on bringing out models with auto gear shift technology, going forward, executive director-engineering, CV Raman said Country's largest car maker  Maruti Suzuki India is investing up to Rs 4,000 crore in the next 2-3...

21.03 | 0 komentar | Read More

SHRM Conference 2014 discusses role of HR in changing times

To discuss and understand the role of HR in changing times, Society for Human Resource Management India organised its third annual conference, a platform that empowers and enables HR personnel across industry verticals to stay in line with the continuously...

21.03 | 0 komentar | Read More

Banks, FIs to spend Rs 46,900 cr on IT in 2014: Gartner

Moneycontrol Bureau More power to Indian IT services companies ahead, the stage seems to be set for just that. A recent Gartner report says Indian banking and securities companies will spend Rs 46,900 crore on IT products and services in 2014, an...

21.03 | 0 komentar | Read More

RINL aims 10% higher production this year despite Hudhud

"Swinging into action following the devastating cyclone that hit us on October 12, production in our plant is now in full swing. We hope to produce a minimum of 10 percent more than what we did in the last fiscal," RINL's Chairman and Managing Director...

21.03 | 0 komentar | Read More

'Will continue to invest in India, see more opportunity'

Rakesh Kapoor, CEO of Reckitt Benckiser says everyone tends to underestimate the long-term opportunities in a country or market like India, always getting unexcited when something goes wrong in the short term. Reckitt Benckiser has committed to invest...

21.03 | 0 komentar | Read More

Accelerate India: Technology for growth

In this episode of Accelerate India: Technology for growth Raja Ukil, CIO of Wipro & Shailesh Joshi, VP - Corporate IT, Godrej Industries tells how the cloud is heling their respective businesses. In this episode of Accelerate India: Technology...

21.03 | 0 komentar | Read More

Ashok Leyland sales jump 23.1% in October

The company had sold 53,694 units in April-October 2014 while it was 51,644 units during the same period of previous year. Hinduja Group flagship  Ashok Leyland has reported a 23.1 percent increase in its sales in October at 8,375 units. The...

21.03 | 0 komentar | Read More

Suzlon sees more orders on accelerated depreciation booster

The accelerated depreciation scheme, that would provide relief for wind energy projects, came into force from mid-September. Wind turbine maker Suzlon Energy  expects to receive additional orders worth about Rs 3,250 crore this fiscal on the...

21.03 | 0 komentar | Read More

Coal India Oct output beats target first time in 7 months

Scrambling to add new mines and expand capacity, Coal India started production in July at a 12-million-tonnes-per-year mine, its first major new project in at least five years. Coal India Ltd's  production beat its target in October, the first...

21.03 | 0 komentar | Read More

CCI approves Fujitsu-Panasonic-DBJ JV

Fair trade regulator CCI has approved the proposed joint venture between three Japaneseentities -- Fujitsu, Panasonic and Development Bank of Japan -- saying that the deal does not raise anti-competition concerns in India. Fujitsu and Panasonic have...

21.03 | 0 komentar | Read More

Hyundai sales up 11.54% in October at 56,010 units

Commenting on the sales performance, HMIL Senior Vice President (Sales and Marketing) Rakesh Srivastava said there was increase in sales in additional and replacement buyers segment with demand led by new models like Elite i20, Xcent, coupled with festival...

21.03 | 0 komentar | Read More

TiE The Knot: A platform for early stage entrepreneurs

Catch the second edition of TiE The Knot in partnership with TiE Delhi-NCR. TiE The Knot is a platform where early stage entrepreneurs are battling it out to raise funds from some of India's top venture capitals and angels. Watch how four start-ups strike...

21.03 | 0 komentar | Read More

Storyboard: Mindshare's Big Data to improve targeting

Storyboard editor Anant Rangaswami caught up with Mindshare's APAC COO, R Gowthaman to understand the implications of Big Data and how brands will profit from it. Age, Gender and Income, use of such demographics to target consumers may soon be a thing...

21.03 | 0 komentar | Read More

VE Commercial Vehicles sales up marginally in October

The company, which is a 50:50 joint venture between Volvo Group and Eicher Motors, had sold 3,001 units in the same month last year. Auto maker VE Commercial Vehicles today reported a marginal increase in total sales of its Eicher branded products...

21.03 | 0 komentar | Read More

Toyota Kirloskar sales down 12% in October

The company had sold 15,576 units in the corresponding month of previous year, Toyota Kirloskar Motor (TKM) said in a statement. Toyota Kirloskar Motor today reported 11.94 percent decline in total sales at 13,716 units in October 2014. The company...

21.03 | 0 komentar | Read More