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-
Government to review SC order on flouting environment clearance norms
In a bid to save coalmining companies from paying hefty penalties -- the government is looking at finalising a new strategy which will protect the companies from such state penalties. This strategy will include seeking a review of Supreme Court#39;s 2017 order that imposed penalty on flouting environmental clearance norms, reports Anshu Sharma. -
People will happily accept Aadhaar-like scheme in US: UIDAI chief
Addressing a seminar here, he said people in the US needed a social security number to get a driver#39;s licence, to open a bank account, for marriage, divorce or even for a death certificate. -
China#39;s OPPO embraces Xiaomi#39;s flash sale gambit to grow Indian base
OPPO, which launched a new flagship smartphone on Monday in India - its biggest market outside China - plans to woo buyers with an online flash sale for the device on April 2. -
MCX starts brass futures trading, generates Rs 14.71 cr volume on Day 1
The brass contracts witnessed a trade volume of 429 tonnes and open interest of 91 tonnes till evening, while trading takes place till 1155 hours. -
Netmagic to invest in cybersecurity
According to research firm Gartner, India became the second fastest growing market in Asia Pacific last year. The current data centre market in India is valued at USD 2.2 billion -
Punj Lloyd wins Rs 505 cr contract from NHAI in Odisha
"The company has been awarded a contract worth Rs 505.22 crore for six/four Laning of NH 5 (New NH 16) from Puintola to Tangi in Odisha," the company said in a filing to BSE. -
Trade Setup for Tuesday: Top 15 things to know before Opening Bell
Such volatility was expected ahead of the early expiry and hence such strong price action would force bears to run for cover. As long as global cues remain stable, chances are that the bias could remain tilted in favour of bulls. -
Tata Motors launches Nexon variant at Rs 7.99 lakh
The petrol variants of the Nexon XZ are priced from Rs 7.99 lakh while the diesel versions are tagged from Rs 8.99 lakh. "The NEXON XZ will be positioned very attractively to provide premium features to our customers. -
Exim Bank extends $500 mn loan facility to 15-nation group in Africa
The line of credit of USD 500 million to EBID will finance various development projects in the ECOWAS region, Exim Bank said in a release. -
Sebi exempts 2 trusts linked to MM from open offer requirement
Anand Mahindra Family Trust and Mahindra Family Trust-I had sought exemption from the obligation of making an open offer post acquisition of certain number of shares. -
NTPC, REC, PFC may form SPV to operationalise stressed assets: R K Singh
Barely a fortnight ago, a parliamentary panel had expressed concern over 34 stressed assets with an overall capacity of 40 GW and a total outstanding debt of Rs 1.74 lakh crore. -
HP becomes principal sponsors of RCB
As part of the collaboration, HP will have visibility across retail outlets, on-ground activations, team jersey and will feature in promotionsactivations led by RCB team and management. Further, RCB players will be visible in HP led promotions/ activations. -
Star India spar with Airtel Digital TV, Dish over fees ahead of IPL
Star India, which has a bouquet of nearly 50 channels, in a campaign has asked Airtel Digital TV subscribers to switch to new DTH/operators in order to continue watching its channels. -
Precision Camshafts buys majority stake in German firm
Precision Camshafts acquired the company through its wholly-owned subsidiary PCL (International) Holding BV. -
HC asks Facebook, Google to take down blog disparaging Patanjali atta
The interim order was given by Justice Rajiv Sahai Endlaw who directed the three social media platforms to restrict access to the links and contents of the blog. -
Hero Cycles launches 9 new models under Sprint Pro range
With the latest offerings, the company aims to further increase its consumer base and capitalise on the demand for premium and semi-premium fitness bikes, Hero Cycles said in a statement. -
PNB working with banks to carve out a solution on LoU dues
Banks may approach the Government and Reserve Bank of India to intervene if the dues are not repaid by PNB -
Elon Musk reveals the real reason why he deleted Tesla SpaceX pages on Facebook
Elon Musk had promised to delete the Facebook accounts of SpaceX and Tesla Motors (which he acted upon) on a suggestion of one of the Twitter users -
Tata Power sell TataCo shares to parent for Rs 2,150 cr
"The board of Tata Power has approved sale of its shares in Tata Communications and Panatone Finvest to Tata Sons and its affiliates. Panatone Finvest holds 30.1 per cent in Tata Communications," the largest private sector power company said in a statement. -
India fastest growing market for UAVs; to touch $886 mn by 2021
According to global market intelligence and advisory firm BIS Research, by 2021, the Indian UAV market will reach USD 885.7 million, while the global market size will touch USD 21.47 billion. -
Ford SUV to be launched on Mahindra platform by 2021, says MD Pawan Goenka
This SUV, which is expected to be of the of size Mahindra Scorpio or Mahindra XUV 500, will get launched in 2021 -
Car owner fined Rs 1.8 lakh for overspeeding more than 120 times in less than a year
As per reports, the overspeeding incidents took place at the city’s accident-prone Outer Ring Road. -
Essar Steel: ArcelorMittal drags bankers#39; rejection to NCLT
The bankers had met on March 23 in Mumbai and had rejected ArcelorMittal#39;s bid along with that of Numetal - the only two bidders for the crippled 10-million tonne Essar Steel assets at Hazira in Gujarat - citing technical issues. -
After Numetal, ArcelorMittal now moves NCLT on Essar Steel bid
The Lakshmi Mittal company contends that it has been declassified as Uttam Galva promoter -
Warehousing sector to see investment of Rs 43,000 cr by 2020: JLL
In its report, JLL estimated that the amount will be invested in creating warehousing facilities across India from 2018-2020. Warehousing stock is expected to rise to 247 million sq ft by 2020 from 140 million sq ft in 2017. -
SC proposes hike in diesel price; imposition of Green Cess on small medium cars
In a bid to fight pollution, the Supreme Court today proposed a hike in diesel prices for private cars. The top court has also suggested imposing Green Cess on small and medium cars. Remember the Supreme Court had earlier imposed Green Cess on vehicles with engine capacity of over 2000cc, reports Ashmit Kumar. -
IRFC#39;s Rs 5,000 cr bond issuance to LIC gets govt guarantee
"The Ministry of Finance has approved the Government guarantee of Rs 5,000 crore in the current financial year for the IRFC bonds to be subscribed by the Life Insurance Corporation (LIC)," an official statement said. -
Adani Enterprises signs coal mining pact with NLC India
In a filing to BSE, it said its subsidiary, Talabira (Odisha) Mining Pvt Ltd (TOMPL), "has signed coal mining agreement (CMA) with NLC India Ltd alongwith the company for development and operation of Talabira II and III coal block...". -
KEC International wins Rs 2,419 cr new contracts
"KEC International Ltd..., an RPG Group Company, has secured new orders of Rs 2,419 crore across its businesses. TransmissionDistribution business has secured orders of Rs 1,650 crore across India, SAARC and the Americas," the company said in a statement. -
Jayshree Textiles apprehends profit dip on Chinese dumping
Jayashree Textiles is a leading manufacturer of linen yarn and fabric as well as merino wool. -
Have strong order book; life science business stands at USD 151m, says Take Solutions
In an interview to CNBC-TV18, Srinivasan HR, VCMD of Take Solutions spoke about the latest happenings in the company and gave his outlook for the future. -
Uber exits Southeast Asia; will not impact India operations
As per a deal, Grab is taking over the operations of Uber in the region, with the US-based company to receive a 27.5 percent stake in the business in return. -
JSW to set up facility in Texas with $500 mn investment
Announcing the investment here in the presence of Texas governor Gregory Abbott, JSW Group Chairman Sajjan Jindal said the plant will get USD 3.4 million from the Texas enterprise fund. -
Will do better in FY18 in terms of revenue: Cochin Shipyard
Business momentum is looking strongest in the ship repair area and ship repairs, defence and non-defence both are doing well, Madhu S Nair, CMD of Cochin Shipyard told CNBC-TV18. -
JSW out of the race for Essar Steel
In a media briefing, Sajjan Jindal, Chairman of JSW Group is clarifying his plans in terms of whether or not he can bid for Essar Steel and whether or not he is going to back any of the current bidders. -
Deregistered companies don#39;t want to claim their assets worth Rs 37,500 crore
The development reinforces the government’s belief that most of the companies struck off the company registry were likely paper companies used for activities such as money laundering. -
World#39;s richest lose $436 bn in stock rout, Mark Zuckerberg takes $10.3 bn hit
Facebook founder Mark Zuckerberglost USD 10.3 billion of his fortune as Cambridge Analytica scandal unfolded at Facebook Inc. -
With an eye on ArcelorMittal, Sajjan Jindal says: "To uphold spirit of law is important"
Despite being tight-lipped, it was clear that the Chairman and MD of JSW Group was talking about ArcelorMittal#39;s bid for Essar Steel -
Syngene enters pact with GSK to provide drug discovery services
The agreement will focus on accelerating the discovery of new drug candidates using Syngene’s discovery services platforms. -
Finance Ministry rules out privatisation and merger of public sector banks for next one year
Experts, including Reserve Bank of India’s Governor Urjit Patel, have raised concerns on ownership and structure of PSBs -
Here#39;s a look at the world#39;s largest cruise ship that even has an ice skating rink on board
A cruse ship which is just 20 metres shy of the length of the Empire State Building and weights 228,081 tons has set sails for the first time on Friday -
Maruti likely to upgrade Omni, Eeco to meet crash norms
The architecture of both models are over eight years old and have repeatedly raised doubts if they can meet the norms given their susceptible design. -
Good times ahead for AC makers: Here#39;s how experts react
In an interview to CNBC-TV18, B Thiagarajan, Joiint MD of Blue Star and Nilesh Gupta, Managing Partner at Vijay Sales spoke about the market condition for air conditioner makers. -
Oppo F7 launch LIVE: AI-powered selfie phone unveiled, flash sale on April 2
Live updates from the launch of Oppo#39;s F7 smartphone. -
Entering FY19 without major headwinds; govt#39;s focus on rural economy is positive: MM
One sector that will be a big beneficiary of the government#39;s rural push is the tractor space. In an interview with CNBC-TV18, Pawan Goenka, Managing Director of Mahindra and Mahindra (MM) discussed about the growth prospects. -
Expect sales in FY19 over Rs 600 crore: Sandur Manganese
In an interview to CNBC-TV18, K Raman, Director Finance at Sandur Manganese spoke about the latest happenings in the company and gave his outlook for the future. -
Ola in talks to acquire navigation tech app Ridlr
Ridlr’s acquisition will help Ola build up its navigation technology and may also allow the cab hailing giant start intra-city bus and train bookings. -
Uber to sell Southeast Asia business to Grab after costly battle
The deal is the industry#39;s first big consolidation in Southeast Asia, home to about 640 million people, and puts pressure on Indonesia#39;s Go-Jek, which is backed by Alphabet Inc#39;s Google and China#39;s Tencent Holdings Ltd. -
NCLT initiates bankruptcy proceedings against Seven Hills Hospital group
Creditors have been asked to submit proof of their claims on or before March 29 -
News Live: Sistema bids $1.5bn for remaining assets of RCom, says report
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.