Month: January 2018

Low-cost, long-haul flights from India to boost leisure travel: Report

Star Shopping to merge with Future Group’s retail infra unit

Hyundai may add a third production line at Tamil Nadu plant

Hero MotoCorp is planning to introduce premium bikes

Mahindra & Mahindra take tech companie’s help to revamp its digital platform

New launches in ayurvedic segment help Colgate breathe life into sales

Wind energy companies, Andhra discoms clash over discount

Mahindra forays into sprayers biz by acquiring stake in MITRA

ChrysCapital may infuse Rs 400 crore in Federal Bank’s NBFC arm

Bharat Financial Inclusion-IndusInd Bank merger may take another 6 months to formalise

                Dabur takes Marico to court for trademark infringement

Delhi High Court set to deliver verdict on Daiichi Sankyo’s Rs 3,500 crore arbitration award

Divis to spend Rs 300 crore on expansion plans in 2018

Top Indian lawyers to argue Ranbaxy-Daiichi appeal in Singapore

DoT reviews call drops, says Reliance Jio, Airtel to invest Rs 74,000 cr to expand infra

Reliance Jio plans bigger push for LYF  portfolio with Android Go device

Walmart in advanced talks to buy minority stake in Flipkart: Report

Hero MotoCorp says double-digit growth in two-wheeler sales to continue

Domestic air traffic to cross 150 mn on record aircraft induction: CAPA

We are too small to bid for Air India: SpiceJet Chairman Ajay Singh

Indian Hotels boosts online revenue with digital push, 24-hr command centre

Rebound in disbursal of loans may stabilise LIC Housing’s profitability

Videocon Industries moves Bombay HC against SBI, RBI; hearing next week

From HUL to Maruti Suzuki, India arms now mean more to MNCs: Here’s why

Nestle enters rapidly-growing petcare market in India; to expand portfolio

Shree Cement goes abroad after land acquisition woes hit projects at home

REC to complete $-denominated bond offer by March, hike funding for renewables

Sterlite Power owns 100% stake in transmission …

Made in India, funded by China: Investors woo desi start-ups

Cipla gets USFDA approval for HIV drug

Nitco board approves debt restructuring plan from JM …

ONGC-HPCL deal saves govt from breach of fiscal deficit …

Nalco’s bauxite output at 6.8 mt

Mahindra planning electric cabs, EV parts supply business

Piramal Enterprises eyeing acquisition of debt-laden firms across sectors

Jet Airways, IndiGo, SpiceJet, Vistara seen interested in Air India privatization

Mahindra planning electric cabs, EV parts supply business

SBI’s deposit rate hike sets stage for rise in interest rates

GST on affordable and low-cost housing units lowered

 

Reliance on direct taxes on decline: Economic Survey

Formal sector employment higher than believed: Survey

India has no export superstars: Economic Survey

Government to complete Air India sale by next fiscal: Survey

Government policy, global prices led to rise in steel export: Economic Survey

Aircel lenders led by SBI agree to restructure debt

Economic Survey 2018: Telcos under stress due to debt pile, tariff war

At Rs 6.11 trillion, TCS overtakes RIL as most valued Indian firm again

HDFC Q3 net up three-fold to Rs 56.7 bn on part sale of life insurance arm

Economic Survey 2018: Claims worth Rs 3.13 trn under insolvency proceedings

Sanofi beats Novo to buy Ablynx for $4.8 billion in biotech M&A boom

50% increase in indirect taxpayer base post GST: Eco Survey

Economic Survey 2018: FY19 GDP growth seen at 7-7.5%

Strides Shasun arm gets USFDA nod for HIV drug

Mahindra Logistics Q3 PAT rises 35%

GST mop-up on track; fisc not under threat

Pepper trade seeks 5% MEIS only on net export earnings

Climate change may reduce farm incomes by up to 25%: Economic Survey

L&T crosses Rs2 trillion market cap for the first time

Tech Mahindra Q3 net profit up 10% to Rs943 crore

Reliance Jio to raise up to $2.2 bn debt to fund RCom deal

Century Textiles and Industries Q3 net profit jumps four times to Rs89.94 crore

Fiscal deficit may be slightly higher than target, says NITI Aayog VC Rajiv Kumar

India’s crude steel production rises 6.2% to 101.4 MT in 2017

Air India disinvestment: Foreign player keen on 49% stake says Avaiation Secy

FDI equity inflows to services grew by 15% in 2017-18

Sebi fines Tibrewala Rs 25 lakh in Fineotex Chemical IPO case

SC asks firm to show its bonafide in purchasing Unitech’s land

EXIM Bank raises $10 billion in LSE bond issue

China declares intention to improve ties with Japan

Volkswagen condemn diesel fume tests on monkeys

Tax sops for electric vehicles likely in Budget

Honda Motorcycle inching closer to Bajaj for No 2 slot

Ebix, London-based investor in race to acquire Educomp

Last date for Bhushan Power & Steel bids extended

FM to conduct performance review of heads of 12 banks

Industries using iron ore want NMDC to roll back raw material price hike

Investments in P-notes surge to 6-month high of over Rs 1.5 trillion in Dec

‘Door is open’ if Britain wants to change mind on Brexit: Top EU official

JSW may double its bid to Rs 300 bn for debt-laden Bhushan Steel: Sources

GST mop-up on track; fisc not under threat

India likely to put pedal to metal on asset sales

Enercon readies biggest wind turbines for India

RIL’s KG-D6 gas fields Q3 production drops to 4.9 mm scmd

PSBs need to adapt to stay competitive

Seafood exports to cross $6 bn in current fiscal: MPEDA

SBI may seek fresh bids to select IRPs for Videocon firms

Sebi likely to revamp shareholding, net worth norms for exchanges

Reliance Jio to raise up to $2.2 billion debt to fund RCom deal

Telecom, technology and BFSI push India M&A activity to over $50 billion in 2017

GM aims to ramp up component exports from India

Essar Power to surrender Tokisud coal mine, seeks Rs490 crore refund

Commerce Ministry for single GST rate on multimodal transport of vehicles

FM Arun Jaitley hints at more cuts in GST rates

Indian seafood exports to touch Rs 40,000 cr

Top global business leaders to attend Assam summit

Idea Cellular seeks govt nod for raising FDI limit to 100 %

BharatNet likely to get 100% hike in allocation

Performance review of heads of 12 banks on cards

Tata Power aims to have major contribution from clean sources

Aadhaar an identification, not profiling tool: UIDAI

ONGC hungry for more buyouts, eyes GAIL’s pipeline business

Keep promoters out of insolvency process: Rajan

DIPP notifies FDI relaxation in several sectors

Govt decision on IDBI Bank privatisation stands: Jaitley

India ranks 177 out of 180 in Environmental Index

ICICI Bank lends ONGC Rs 4K cr for buying HPCL

58% banks report rise in bad loans in July-Dec: Survey

McDonald’s joint venture co opposes its plea in HC

Recap plan: Govt to infuse over Rs 880 bn into 20 PSBs but with riders

Biocon Q3 net profit plunges 43% to Rs 920 million on higher interest

WEF 2018: Infosys, TCS join global tech-reskilling drive for 1 mn workers

EU fines Qualcomm $1.23 bn for paying Apple to use only its chips

Capital First Q3 net profit up by 42% on Y-o-Y basis; revenue rises 49%

GDP may grow to 7% in FY19 as GST impact wanes: HSBC

Bharat Biotech’s diarrhoea vaccine gets WHO nod

TCS m-cap crosses Rs. 6 lakh cr mark

Vijaya Bank Q3 net drops 65% to Rs.79.56 cr on higher provisioning

New broker regulations will be out ‘any time’: IRDAI chief Vijayan

Airtel gets regulatory nod for Tigo Rwanda acquisition

Greenko, Tata, Adani, Torrent eye Odisha power distribution business

Idea?s Q3 loss triples to Rs1,285.6 crore on IUC cut, Jio tariff war

SoftBank leads $865 million investment in start-up Katerra

Canara Bank’s Q3 profit plunges 61% to Rs126 crore

Wipro picks up minority stake in Harte Hanks for $9.9 million

Gems, jewellery exports decline 4.65 per cent in April-December 2017

High penalty, licence renewal for discoms in electricity bill

Marketing technology firm Netcore expands global presence

Reliance Retail breaks into top 250 list of global retailers, says report

US Senate confirms Jerome Powell as next Fed chairman

Mobile handset makers to add another 5 lakh jobs in two years

Open interest in derivatives on rise as Feb 1 approaches

Market witnesses biggest pre-budget rally in 10 yrs

GST Council slashes rates on 29 items to zero per cent

US, EU, Japan object to India raising Duty on electronics

Bharti Airtel Q3 net profit slumps over 39% YoY

Tech Mahindra to pick up 17.5% stake in Altiostar

Banks have only themselves to blame: RBI dy guv

Government to consider hike in sugar import duty

Court orders issuance to Mallya and18 others

Govt working on centralised bidding to reduce cost of electricity

RIL to spend another $23 bn on Jio over next 3-4 years, says Moody’s

L&T Finance Holdings plans to raise Rs 40 bn via QIP, appoints four bankers

Hindustan Zinc Q3 profit declines 4% to Rs 22.3 bn on higher expenses

MCX gets Sebi’s approval for deliverable futures contract in brass

Apple to pay $38 bn in foreign cash taxes

India will need $125 bn to fund renewables dream

Global digital health VC funding up 42% at $7.2 b

Six more months needed to recover from demonetisation

Ultratech Cement Q3 profit falls 23% on raw material price rise

Suven gets product patents in China, Sri Lanka

GST Council approves changes to composition scheme

Airbus handed A380 lifeline with $16 billion Emirates order

Adani Ports Q3 profit up 19.51% at Rs1,001 crore

Hindalco?s Aleris acquisition bid may face competition from Vedanta

Infosys?s struggles with M&A deals a test for new CEO

SBI wary of selling bad loans to ARCs

E-Way Bill: Penalty clause on non-compliance to be implemented by March 1

Government?s fiscal consolidation plan likely to continue: Report

India Ratings projects economic growth at 7.1% next fiscal

Yes Bank ties up with Amplus Energy Solutions

GST Council discusses making return filing process simpler

Govt eyes 20 m foreign tourists by ’20, to double Fx earnings

Zinc Fortification in Indian Soils, to Supplement Zinc Deficiency in Human Body

FinMin banks on airwave sale for revenue in FY19

IndiGo, Jet among dozen bidders for RCS hinterland routes

HUL Q3 profit jumps 28% YoY to Rs 1,326 crore

Direct tax mop-up jumps 19% to Rs 6.89L cr this fiscal

PFRDA relaxes withdrawal norms under NPS

Satyam case: PWC moves SAT against SEBI ban

India to auction 55 oil and gas exploration blocks

Bitcoin slumps to $10,000, half its peak price

Sri Sri’s FMCG brand Tattva to open 1000 stores

Centre mulls permitting 100% foreign investment in private banks

JFE-JSW, ArcelorMittal, Vedanta to bid for Bhushan Steel

RITES files draft papers with Sebi to raise Rs 6 billion via IPO

Jubilant Life Sciences Q3 net surges 80% to Rs 2.12 bn on robust sales

Ashok Leyland signs pact with Israel-based Phinergy for electric CVs

BofA Q4 net slumps on $2.9-bn tax charge, adjusted income beats estimates

Govt cuts 2017/18 additional market borrowings to Rs 20K cr

Adani group to invest Rs.750 cr in West Bengal

JB Chemicals & Pharma gets European GMP approval for Gujarat facility

Huge opportunity to export LNG to India, China: IEA chief

India to be $5 trillion economy in 8-9 years: Suresh Prabhu

Govt to auction 55 oil, gas exploration blocks on Thursday

Tata group hires EY to explore sale of oil and gas business

Amalgamation scheme: Tata Power shareholders meet on 19 February

Sensex crosses 35000 as govt moves to contain fiscal deficit

Srei reports 56% jump in Q3 net profit at Rs105 crore

Amber Enterprises IPO fully subscribed on Day 1

Sugar processors undermine margins to meet payments to cane farmers

Fitch downgrades outlook on Adani Transmission to negative

Xiaomi claims responsibility of WhatsApp obsolete error problem

Bharti Infratel Q3 net profit drops 6% to Rs 585 crore

Trai to meet telcos on January 23 to chart out 2018 agenda