See further softening in interest rates: Chanda Kochhar

From the sidelines of the World Economic Forum at Davos, Chanda Kochhar, MD & CEO of ICICI Bank , says India is at a point where most of the macroeconomic indicators are positive and it is time to capitalise on all the potential that the country...

21.03 | 0 komentar | Read More

Spectrum cannot come cheap, it is super-scarce resource

R JagannathanFirstpost.com The Union cabinet's decision to keep the� reserve price for 3G spectrum at Rs 3,705 crore per Mhz �in the 2,100 Mhz band for auctions scheduled to begin on 4 March is probably the right call. One says probably because no one...

21.03 | 0 komentar | Read More

Sun-Ranbaxy's $4bn merger deal gets USFTC's conditional nod

Approval subject to divestment of one antibiotic product to avoid anticompetitive impact in the US mkt The US Federal Trade Commission has approved Sun Pharmaceutical 's plan to buy  Ranbaxy on the condition that it divests one antibiotic product...

21.03 | 0 komentar | Read More

Report card: 10 things that made or baked your money in January

SLIDESHOW Sat, Jan 31, 2015 at 17:15 | Source: Moneycontrol.com Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part...

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Prabhu pitches for greater investments in Railways

Suresh Prabhu said that Railways' financial health is not good and there is an urgent need of increased investments in the areas of modernisation, safety and security of passengers. "We have decided to increase investment in Railways... We have also...

21.03 | 0 komentar | Read More

IDFC gets RBI nod to exempt 30% of loan book from SLR/CRR

Suruchi Jain of Morningstar is not surprised and says all banks should be subjected to the same rules. Hence, the exemption is 30 percent of the eligible loans for the first year, which is the same for all the banks, the following years it will be taken...

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SKS Microfinance plans to set up small bank; Q3 net doubles

SKS Microfinance reported nearly two-fold increase in net profit at Rs 41.1 crore for October-December quarter and also said it will seek licence from RBI for setting up a small finance bank. SKS Microfinance  reported nearly two-fold increase...

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Maran, Kal Air to sell entire SpiceJet stake to Ajay Singh

The low-cost airline plans to allot 37 lakh non-convertible preference shares to Marans and Kal Airways. These shares will be issued at Rs 1000 per share. Moneycontrol Bureau Crisis-hit  SpiceJet on Friday morning announced that Kalanithi Maran...

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Airtel payment bank will help 'reach the unbanked': Kotak

Bharti Airtel will sell 19.9 percent stake in Airtel M Commerce services to Kotak Mahindra Bank. In an interview to CNBC-TV18's Latha Venkatesh, Deepak Gupta, joint MD, Kotak Mahindra Bank, spoke about the deal. It is first play into a totally new...

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Adani Enterprises recast; port, power biz shifted to arms

Moneycontrol Bureau Adani Enterprises —the flagship of the USD 9.4 billion Adani Group—Friday  announced a complex restructuring of its various businesses in an attempt to simplify its corporate structure. Under the terms of the recast, Adani...

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Section of Coal India unions oppose stake sale, may strike

A day after the government decided to sell up to 10 percent stake in Coal India Ltd, some of trade unions the PSU today said they are opposed to the move and may hold strike later. A day after the government decided to sell up to 10 percent stake...

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2014 saw most number of PE deals in last decade: Thornton

According to the third edition of Grant Thornton's 'The Fourth Wheel' -- a publication on PE in India produced in association with IVCA, PE investment in India is growing steadily since 2009, and stood at over USD 12 billion in 2014 alone. The year...

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Coal India OFS floor price at Rs 358/sh; at 4.5% discount

The government on Thursday set the floor price of Coal India at Rs 358/share for an offer for sale (OFS) in which it plans to sell 5 percent stake in the firm. Moneycontrol Bureau The government on Thursday set the floor price of Coal India  at...

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Rs 7,500cr rights issue proceeds to go for CV launch: TaMo

Tata Motors  intends to utilise Rs 7,500 crore, which it plans to raise via a rights issue, to fund various activities, including introduction of more than 100 new commercial vehicles over the next three years and passenger vehicles on a new modular...

21.03 | 0 komentar | Read More

Kotak Mahindra to buy 19.9% in Airtel m-Commerce

The subsidiary of Bharti Airtel is also in the process of applying for payment bank license to the Reserve Bank of India (RBI). Moneycontrol Bureau Kotak Mahindra Bank  will acquire 19.9 percent in Bharti Airtel 's arm, Airtel m-Commerce Services...

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Yet to finalise on product made from Gujarat plant: Maruti

Gujarat's chief minister Anandiben Patel today performed the ground-breaking ceremony for auto major Maruti Suzuki's plant in Hansalpur in Gujarat. The manufacturing facility, which is likely to start production by mid-2017, will have an initial capacity...

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Govt not to appeal against Bombay HC order in Vodafone case

Moneycontrol Bureau In a relief to telecom operator Vodafone, the Cabinet Committee on Economic Affairs (CCEA) Wednesday decided not to appeal against a Bombay HC order that Vodafone was not liable to pay tax demand of Rs 3,200 crore in a transfer pricing...

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Govt agrees upon Rs 3705cr base price for 3G spectrum

The Cabinet has decided on a reserve price of Rs 3705 crore per Mhz for the 2100 Mhz band for the upcoming spectrum auctions, telecom minister Ravi Shankar Prasad said here today. Moneycontrol Bureau The Cabinet has decided on a reserve price of...

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SBH plans to raise upto Rs 400 cr via tier-II bonds this FY

We are very sure our capital adequacy rate will be maintained in the range of 11.25 to 11.50 per cent which is higher than the benchmark of 11 per cent mandated by our board and also RBI prescription, says SBH Managing Director Santanu Mukherjee. ...

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CCEA OKs HDFC Bk's proposal to raise up to Rs 10k cr: Srcs

The Foreign Investment Promotion Board had cleared HDFC Bank's proposal in December and had cleared Lupin's FDI proposal in November. The Cabinet Committee on Economic Affairs (CCEA) has okayed HDFC Bank 's proposal to raise up to Rs 10,000 crore,...

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Ranbaxy forfeits 180 days exclusivity for stomach drugs

Drug major Ranbaxy today said that the US health regulator has "determined" that the Indian drug manufacturer has forfeited its 180 days exclusivity for stomach and esophagus problems treatment tablets. Drug major Ranbaxy  today said that the...

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Johnson to buy 25.74% stake in Hitachi via open offer

Johnson Controls said it would acquire little over 70,00,990 shares at an offer price of Rs 821.38 per share amounting to Rs 575.04 crore Johnson Controls plans to acquire 25.74 percent stake in  Hitachi Home & Life Solutions (India) Ltd...

21.03 | 0 komentar | Read More

Max India demerger gets nod; co to be renamed Max Fin Srvs

The existing company Max India will be renamed Max Financial services and the other two businesses will be listed post the demerger. The  Max India board today approved the company's corporate restructuring plan that will result in a three-way...

21.03 | 0 komentar | Read More

See Rs 1k-cr revenues over 3 yrs via new launches: Sunteck

Mumbai-based real estate company Sunteck Realty , which caters to ultra luxury & luxury residential segment, is planning to launch four new projects in areas like Borivali, Andheri, BKC and Navi Mumbai, this quarter. Speaking to CNBC-TV18, Kamal...

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SpiceJet to get second tranche of Rs 400 cr on Feb 15

SpiceJet 's new promoter Ajay Singh has invested the first tranche of Rs 100 crore over this weekend and now, the next important date in the airline's survival saga is February 15. As per the recapitalisation plan of Singh, which has been approved...

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German regulator hails EMA's drugs suspension on GVK Bio

German drug regulator has welcomed the European Medicine Agency's (EMA) decision to suspend the marketing authorisation of around 700 generic drugs subjected to clinical trials by India's GVK Biosciences. German drug regulator has welcomed the European...

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Twitter acquires ZipDial for an undisclosed amount

Microblogging website Twitter was in final talks to acquire mobile marketing start up and our Young Turks ZipDial. Young Turks caught up with ZipDial and Twitter to find out more about the deal value and their future plans for emerging markets. Microblogging...

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Jet seeks nod to raise $300mn through bond sale to Etihad

Jet Airways has sought the approval of shareholders to raise up to USD 300 million (about Rs 1,843 crore) through issue of securities to Etihad on a private placement basis. Jet Airways  has sought the approval of shareholders to raise up to...

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Coal scam: CBI registers fresh case against Hindalco

CBI has registered a fresh case in the coal block allocation scam against Indal (now Hindalco , Aditya Birla group) in connection with the allocation of Talabira-I coal block, twenty years ago. The agency today carried out search operations at four...

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Indian biz fantastic; one of APAC's pillar: DHL

The e-commerce boom in India has led to logistic companies making significant changes in their business models.Storyboard's editor Anant Rangaswami spoke with DHL's APAC CEO Jerry Hsu to understand how the wordl's largest logistics company is coping...

21.03 | 0 komentar | Read More

Jet seeks nod to raise $300mn through bond sale to Etihad

Jet Airways has sought the approval of shareholders to raise up to USD 300 million (about Rs 1,843 crore) through issue of securities to Etihad on a private placement basis. Jet Airways  has sought the approval of shareholders to raise up to...

21.03 | 0 komentar | Read More

Coal scam: CBI registers fresh case against Hindalco

CBI has registered a fresh case in the coal block allocation scam against Indal (now Hindalco , Aditya Birla group) in connection with the allocation of Talabira-I coal block, twenty years ago. The agency today carried out search operations at four...

21.03 | 0 komentar | Read More

German regulator hails EMA's drugs suspension on GVK Bio

German drug regulator has welcomed the European Medicine Agency's (EMA) decision to suspend the marketing authorisation of around 700 generic drugs subjected to clinical trials by India's GVK Biosciences. German drug regulator has welcomed the European...

21.03 | 0 komentar | Read More

Twitter acquires ZipDial for an undisclosed amount

Microblogging website Twitter was in final talks to acquire mobile marketing start up and our Young Turks ZipDial. Young Turks caught up with ZipDial and Twitter to find out more about the deal value and their future plans for emerging markets. Microblogging...

21.03 | 0 komentar | Read More

Indian biz fantastic; one of APAC's pillar: DHL

The e-commerce boom in India has led to logistic companies making significant changes in their business models.Storyboard's editor Anant Rangaswami spoke with DHL's APAC CEO Jerry Hsu to understand how the wordl's largest logistics company is coping...

21.03 | 0 komentar | Read More

Checkout: Why IBI names Sachin Bansal as one of its icons

Indian Business Icons (IBI) 2015 is a special initiative by CNBC-TV18 for celebrating 15 years of leadership. The endeavour is to form a distinct league of the most powerful business icons that the people of the country think have had a monumental impact...

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Wish to raise tariffs by a few paisas ahead: Sunil Mittal

Making his oft-repeated argument, Bharti Enterprises chief Sunil Mittal said the telecom industry continues to face too much competition and unless M&A rules are streamlined, consolidation may be slow to set in. "Until the market consolidates...

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Eye Rs 2000cr potential revenue via bus biz: JBM Group

JBM Group  is in active discussions for bus orders that it expects to come in February. Nishant Arya, executive director, JBM Group says the company is eye Rs 2000 crore as potential revenue from the business. Arya says the company will be able...

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Need change in 5/20 rule, says AirAsia's Tony Fernandes

CNBC-TV18's Menaka Doshi caught up with Tony Fernandes, CEO of AirAsia Group at the World Economic Forum Davos 2015 and asked him about the airline's experience in India so far. CNBC-TV18's Menaka Doshi caught up with Tony Fernandes, CEO of AirAsia...

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Here's how govt can aid private sector finance healthcare

Find out how can the government incentivise and promote private sector participation in delivery and financing of healthcare, is a health cess warranted and what are the imperatives to address the many challenges the healthcare sector faces given the...

21.03 | 0 komentar | Read More

Indian, US cos may sign pacts to set up electronic clusters

Indian and American companies are expected to sign agreements during the forthcoming visit of US President Barack Obama for setting up electronic clusters and developing smart cities. Indian and American companies are expected to sign agreements during...

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Expediting environmental clearances to up output:Mines Secy

Mines Secretary Anup Pujari also added that transparency in allocation and monetisation of mining leases will attract companies to bid for minerals. In an exclusive interaction with CNBC-TV18, Mines Secretary Anup Pujari said that government is pushing...

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