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-
Weekender with Viraj Bahl of Veeba Foods
In an interview to CNBC-TV18#39;s Mangalam Maloo, Viraj Bahl, FounderMD, Veeba Foods spoke about his personal life, his journey to success and the road ahead for the company. -
Shareholder pressure stops India Inc from speaking out: Anand Mahindra
The best way a corporate honcho can speak out is through supporting causes he believes in, like liberal education, the outspoken industry leader said. -
Tata Chemicals to merge Mauritius-based firm with itself
The merger is aimed at rationalising foreign subsidiaries to ensure optimised legal entity structure and eliminate multiple record-keeping, thus reducing expenditure considerably, the company said in a regulatory filing. -
Raghuram Rajan, corporate leaders team up for Rs 750-cr liberal arts varsity
R Seshasayee, chairman of IndusInd Bank and the chairman of the supervisory board of the university said the proposed liberal arts university will attract an initial investment of Rs 750 crore in the first phase. -
HDFC Bank signs MoU with Government e-Marketplace
The MoU is significant as Government e-marketplace will bring transparency and efficiency in the procurement process with assured and timely payment to the sellers, HDFC Bank said in a statement. -
Moneycontrol Business Quiz #19: Test your knowledge
The nineteenth in the Moneycontrol Ultimate Business Quiz series. Check how many you get right. -
Tata Coffee re-appoints Sanjiv Sarin as MD, CEO
In a regulatory filing, Tata Coffee said the board approved Sarin#39;s re-appointment based on the recommendation of the Nomination and Remuneration Committee. -
Hindujas named richest British Asians in UK for fifth year
The London-headquartered Hinduja Group – headed by brothers Srichand P Hinduja, Gopichand P Hinduja, Prakash P Hinduja and Ashok P Hinduja – had a robust 2017 to add an impressive 3 billion pounds to their total net worth from the previous year, according to the annual #39;Asian Rich List#39; published by UK-based Asian Media Group (AMG). -
SBI reported Kanishk Gold, Nathella Sampath as fraud accounts in 2017-end
The sanctioned aggregate limits of Rs 215 crore by SBI in a consortium arrangement has been classified by the bank as fraud on November 16, 2017 for having misrepresented the financial statements from 2009 and liquidated primary security, SBI said in a clarification sought for a news report by exchanges. -
The Leap Takers: Here are the success stories of Schevaran Labs, Aeon Formulations Concept Medical
CNBC-TV18#39;s special show the Leap Takers, highlights the achievements of innovative companies and their leaders who have fought all odds to leap to new heights. On this episode watch the stories of Schevaran Laboratories, Aeon Formulations and Concept Medical Inc. -
EoI for Air India stake sale likely in couple of weeks
A group of ministers is in the process of finalising the contours of strategic disinvestment of loss-making Air India. -
Blue Star expects 17% growth in 2017-18
Company Joint Managing Director B Thiagarajan told a press conference here today that the market picked up in the last one year and accelerated further in the last three months, he said. -
Exclusive | ArcelorMittal gets approval from exchanges to change promoter status in Uttam Galva
Sources told Moneycontrol the exchanges have declassified ArcelorMittal as promoter of Uttam Galva. -
Despite government’s efforts, 18 PSUs in Jammu and Kashmir remain in ‘red’
The state government had to intervene a few years ago to provide support to the PSUs after a major share was in financial trouble for a long time and could not even pay the staff salaries. -
Commerce Ministry discusses regulatory issues of startups
Commerce and Industry and Civil Aviation Minister Suresh Prabhu chaired the roundtable meeting here. -
Yes Bank re-skills employees, offers students Rs 2 lakh scholarships for professional training
The mid-size private lender is investing in upgrading skills of its employees across the bank in the fields of operations, risk management and marketing -
Fear that AI will take up both skilled unskilled jobs: Raghuram Rajan
With advances in Machine Learning, Artificial Intelligence and Robotics, this was going to change still further, as they take up the jobs,ranging from those in unskilled sweatshops to high-skilled professions like medicine, the former RBI Governor said. -
Cambridge Analytica Saga: After Zuckerberg, Facebook COO apologizes
In an exclusive interview with CNBC#39;s Julia Boorstein, Sheryl Sandberg said that they are open to regulations. However, she also added that it depends on what type of regulations lawmakers in various countries have in mind. -
Vedanta board panel approves Rs 4,500 NCD issue
The company in a filing to the BSE said that the board-appointed committee of directors in a meeting today approved issuing "on a private placement basis up to 4,500 secured, rated, non-cumulative, redeemable, non-convertible debentures of face value Rs 10,00,000 each aggregating up to Rs 4,500 crore". -
Following PNB fraud, PSBs keeping a strict vigil on the jewellery sector
Some bankers are skeptical of the audits carried out in the industry as there is no centralised system in place for the jewellery industry, and the current IT infrastructure is not up to the mark -
Packaged food companies may have to stop using toluene-based ink for packaging
Suppliers of packaging material don#39;t need any major capital investment to shift to toluene-free inks. -
Vedanta unlikely to participate in rebidding of Essar Steel
Vedanta had submitted an Expression of Interest (EoI) for Essar Steel but did not bid for the bankrupt steel maker which owes over Rs 45,000 crore to its lenders. -
Australian startup launches smartwatch that can translate 9 languages on the go
The watch utilises IBM Watson’s artificial intelligence technology and can make real time translation of nine international languages which include Mandarin, Japanese, French, Italian, Spanish, Brazilian Portuguese, German, Arabic and English. -
Satya Nadella lauds advancements in India
Addressing Kerala#39;s Global Digital Summit # Future here through video conference, he said one of the pressing challenges is to see how technology helps across public and private sectors to make a difference in society. -
Every 7th person in Hong Kong is a millionaire, Citibank study shows
According to the study, millionaires are those with liquid assets—deposits, mutual funds, stocks and bonds—of at least a million HK dollars. -
SAARC fund commits $30 mn for 2 energy projects
CEO of SDF Sunil Motiwal said the fund will have an exposure of USD 15 million in the Hydro-electric project (HEP) in Nepal. -
Chandrababu Naidu lays foundation for Rs 1,600 cr Hero MotoCorp factory
Speaking on the occasion, Naidu said that the company would invest about Rs 1,600 crore in the first phase for making improved and latest versions of bikes. The two wheeler giant would also invest another Rs 1,600 crore for development of ancillary units here, Naidu said. -
Tata Motors appoints Rajendra Petkar as CTO
Petkar has been officiating in this role since November 2017 prior to which he was the head of power systems engineering. Till a replacement is found, he will continue to oversee this vertical as well, the company said in a statement today. -
Virat Kohli cancels Rs 34-cr flat booking with Omkar Developers
In June 2016, the cricketer had bought the 7,171-sqft sea-view apartment on the 35th floor of the underconstruction tower C of this super-luxury project for Rs 34 crore. The project is being developed by Omkar RealtorsDevelopers. -
Mojostar to launch Jacqueline Fernandez’s fashion brand after Tiger Shroff’s PROWL
"The fashion market in India is valued at about Rs 75 billion to Rs 80 billion and while estimates may vary only about 20%-25% is organised." -
ED analysing 120 shell companies in PNB fraud case: Govt
The state-owned PNB has been defrauded of over USD 2 billion by fraudulent use of Letters of Undertaking (LoUs) allegedly by Nirav Modi and his associates. -
Cryptocurrency exchange bug allowed users to transfer unlimited Ethereum to themselves
The now solved bug could have been disastrous for Coinbase -
MA deal value dips 12% in 2017 on drop in deal sizes: Report
The current year looks promising for deals on stable macroeconomic environment but activity will be largely concentrated on the domestic front, consultancy firm EY said in a report. -
Chandrayaan-2 launch postponed to October: ISRO chief
The experts had met recently and suggested the tests, following which the mission will now be launched in October, Indian Space Research Organisation (ISRO) chairman K Sivan said. -
RB commissions first solar powered facility; inks pact for 100% clean energy supply
This marks RB#39;s first power purchase agreement (PPA) in India, which forms a landmark in its sustainability journey. This initiative will enable reductions in carbon emissions by 80% for the Mysore site over the next 10 years. -
No response from FinMin, SIAM on CKD kits issue: Vimal Sumbly, MD, Triumph Motorcycles India
Triumph has bee hit by the 5 per cent customs duty hike which it says is a blow to the #39;Make in India#39; initiative -
MCX Case: CBI registers case against Jignesh Shah, 4 former FMC chiefs and 6 others
It is alleged that the accused had helped Multi Commodity Exchange of India (MCX) in getting the status of nationwide commodity exchange, even though MCX was not fulfilling the stipulated criteria -
JSPL raises Rs 1,200 crore via QIP
The company has issued 51,502,145 equity shares of face value of Rs 1 each at a price of Rs 233 per share, including a premium of Rs 232, JSPL said in a regulatory filing. -
Tata Power appoints Praveer Sinha as new CEO, MD
The Tata Power-DDL is a public private partnership (Joint Venture) between Tata Power and the Delhi government, supplying power to over seven million people in North and North-West Delhi. -
MEP Infra bags 3 Maharashtra road projects worth Rs 2,922 crore
To be developed under the hybrid annuity model (HAM), the project includes four laning of Ausa-Chakur section worth Rs 848.63 crore, four laning of Chakur-Loha section worth Rs 1,000.1 crore and four laning of Loha-Waranga section worth Rs 1073.1 crore, it said in a statement. -
Venture Supply Chain eyes Rs 250 cr revenue by March 2019
VSC recently started #39;milk runs#39; using smaller vehicles to cater to locations where operating larger trucks is not feasible and plans to strengthen this business further. -
Max Financial buys additional stake in insurance arm for Rs 153 cr
MFS has acquired 0.74 per cent additional stake in its subsidiary, Max Life Insurance Company Ltd (Max Life), comprising 14,170,817 equity shares from Axis Bank, for a consideration of approximately Rs 153.33 crore. -
BHEL to make space grade lithium-ion cells based on ISRO technology
BHEL will utilise technology developed by ISRO at its Vikram Sarabhai Space Centre (VSSC), a BHEL statement said. -
Reliance Mutual Fund to suspend fresh subscriptions in small cap fund
In December, Mirae Asset Emerging Bluechip Fund had restricted SIPs to up to Rs 25,000 per instalment only on the 10th of each month -
MakeMyTrip launches #39;Pay Later#39; for select customers
The company is also in talks with various fintech companies as it plans to scale up the feature across business lines and to all of its platforms including Goibibo and redBus, MakeMyTrip said in a statement. -
ArcelorMittal plans to rebid for Essar Steel
The SBI-led consortium of creditors had this week rejected the bids by ArcelorMittal and Numetal -- SPV floated by Russian lender VTB Bank and Rewant Ruia -- finding them ineligible under the IBC (Insolvency Bankruptcy Code) laws that debar related parties from bidding. -
Vivo V9 with AI-backed camera features launched in India
The phone will be available for pre-booking on Amazon India starting at 3 pm from Friday, March 23 -
KKR-backed Emerald Media acquires minority stake in Global Sports Commerce
The franchises that GSC has partnered with include FIFA, the English Premier League, NRL Australia, Australian Football league, IPL, Formula 1, Big Bash League, New Zealand Cricket, Cricket Australia, IMG and Asia Sports -
Here#39;s a look at China#39;s new megastructure—a luxury hotel that is 17 storeys underground
In recent times, China has achieved many infrastructural wonders making huge bridges, anti-smog towers, etc. Now an underground hotel is under construction in an abandoned quarry which goes 17 storeys below the ground level. -
Totem Infra owed bank Rs 1,400 cr along with interest overdue: Union Bank of India
Reports indicate that after Punjab National Bank (PNB) and State Bank of India (SBI), now Union Bank of India has been hit by a fraud. In an interview to CNBC-TV18, Rajkiran Rai G, Managing DirectorCEO of Union Bank of India spoke about the latest happenings in his company and sector.