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Ready to evaluate structures and transactions to assuage investor concerns: Sun Pharma
"As of now, the company has not received any query from SEBI with regards to whistleblower complaint, Sun Pharma founder and MD Dilip Shanghvi said. -
EPFO likely to increase proportion of funds to UTI for ETF investment
At present, the Employees#39; Provident Fund Organisation#39;s 75 percent ETF investments are handled by SBI Capital, while remaining 25 percent is managed by UTI Mutual Funds. -
Centre to expand BPIAP at an investment of Rs 930 crore
Rajiv Nayan Choubey, Union Secretary in the Ministry of Civil Aviation made the announcement after a meeting with Odisha Chief Secretary A P Padhi. -
Podcast | Digging deeper: US-China trade truce, just an eyewash?
In this podcast, we will try and decode the implications of this trade truce between the two economic giants but as always, it is important to understand the context of this meeting. -
NCLT attaches properties of 9 former ILFS directors; seeks disclosure of all assets
The tribunal has directed them to disclose movable and immovable assets and ensure no one creates any third party rights on these properties. -
Nissan#39;s external board to meet on December 4, discuss Carlos Ghosn#39;s replacement: Source
The company previously said that the three members would nominate a candidate to replace Ghosn, who was arrested last month for alleged financial misconduct. -
Sun Pharma says open to evaluating certain business transactions if investors not comfortable with them - Economic Times
Sun Pharma says open to evaluating certain business transactions if investors not comfortable with them Economic TimesAs of now the company has not received any query from Sebi with regard to whistleblower complaint, Sun Pharma Founder and MD Dilip Shanghvi said. -
New H-1B proposal mixed bag for India, say experts
Indian firms have begun to reduce their dependence on the H-1B visa given the fact that the US has been contemplating a change in the visa policy since a couple of years. -
India Ratings affirms Bank of Baroda at #39;AAA#39;; outlook stable
It has also affirmed the lender#39;s short-term issuer rating at #39;A1 #39;. -
IRDAI proposes changes in registration norms for insurance marketing firms
As part of the proposed changes, IRDAI is considering to reduce the net worth requirement to Rs 5 lakh for applicants opting for an aspirational district. -
Royal Enfield sales down 6% to 65,744 units in November
Exports during the month under review plunged a massive 69 percent 718 units from 2,350 units shipped out in November 2017, as per the statement. -
NMDC cuts iron ore prices by Rs 300 a tonne
The revised prices exclude royalty, District Mineral Fund, National Mineral Exploration Trust, cess, forest permit fee and other taxes. -
Govt clears Rs 91,149 cr GST refunds to exporters so far; Rs 6,053 cr still pending
In a statement, the ministry said Rs 6,053 crore worth GST refund is still pending with the government and that is being "expeditiously processed". -
ILFS appoints ex-LT executive N Sivaraman as group COO
"Sivaraman will be part of the core operating committee and report to Vineet Nayyar, vice chairman and managing director, ILFS Group," the statement said. -
Over 18.10 lakh registered companies, only 62% active at end of October: Official data
The majority of active companies were engaged in business services. -
55% Indians rather lose their wallet than their phone: KPMG report
The survey included nearly 25,000 consumers across Brazil, Canada, China, France, India, the UAE, the UK and the US. -
Microfinance industry clocks over 50% growth in Q2: Report
Of the total, Non-Banking Finance Company-Microfinance Institutions accounted for significant chunk. -
Our biggest competition is China, says CasinoKart#39;s Aditya Sardana
The gaming industry in India is growing and the gaming industry is estimated to be 71 billion in the year 2021, in India alone, where CasinoKart aims to target the ancillary business around the popularity of gaming in India. -
ADB to provide $85 mn loan for skill development in Odisha
The project will help over 1.5 lakh people learn skills in priority sectors, including manufacturing, construction and services for formal employment, ADB said in a release. -
India can play crucial role in reforming WTO: FICCI
Prime Minister Narendra Modi on December 1 highlighted the need for carrying out reforms in the WTO at the G-20 summit in Argentina. -
Quick take | Horlicks isn#39;t a sweet deal but HUL has muscle power to boost nutrition biz
Unilever#39;s interest in Horlicks is to grow its foods business that currently generates more than Rs 10,000 crore worth of revenues. -
50% rise in shadow-banking loans in Oct unlikely to sustain: Kotak Securities
Reserve Bank of India (RBI) data released last week said that loans grew to a five-year high of 15 percent in November 2018, and are much high than the low of 3.5 percent in March 2017. -
SEBI overhauls settlement rules; introduces confidentiality clause
The new norms will become effective from January 1, 2019, the Securities and Exchange Board of India (SEBI) said in a notification. -
Podcast | Editor#39;s pick of the day — A safe landing spot in sight for Air India?
The path to recovery is on paper as of now but how long will it take and what are the hidden costs of the measures, are questions yet to be answered of the moment. -
HDFC Bank to revert to old mobile app version by Dec 4, relaunch update soon
The private sector bank has about 4.3 crore customers, of which about 6.5 lakh were unable to use the mobile banking app services due to a technical issue in its new app -
Debt crisis: MCA names top ILFS execs, 302 group cos as respondents to case
The report is based on an ongoing probe by the Serious Fraud Investigation Office (SFIO). -
Yes Bank appoints former LIC and IRDAI chief Vijayan as independent director
In a spate of resignations in November, Ashok Chawla stepped down as board Chairman, and independent directors Vasant Gujarathi and R Chandrashekhar too resigned from Yes Bank#39;s board -
Jet Airways adds fare options for domestic Economy class tickets; restricts complimentary meals
The steps are part of the bigger turnaround plan that the airline initiated last year to save up to Rs 2,000 crore over the next two years -
IIMB ranked among top 10 in FT Asia-Pacific Business schools 2018 - BusinessLine
IIMB ranked among top 10 in FT Asia-Pacific Business schools 2018 BusinessLineIndian Institute of Management Bangalore (IIMB) has been ranked among the top 10 in the list of Financial Times Asia-Pacific Business schools 2018, released ... -
LIC Pension Fund has Rs 4,137 crore worth investments in #39;D#39;-rated instruments; marginally up from last year
The names of the companies on the list were largely the same, except last year#39;s list did not feature ILamp;FS entities and included Bhushan Steel -
LIC has Rs 4,137 crore worth of pension investments in #39;D#39;-rated instruments; marginally up from last year
The names of the companies on the list were largely the same, except last year#39;s list did not feature ILamp;FS entities and included Bhushan Steel -
Nov auto sales: Adverse macros weigh; outlook muted
Despite oil prices softening, automobile majors continue to post a weak set of volumes due to muted consumer sentiment caused by liquidity crunch, non-availability of retail finance and moderate festive season -
Unilever buys GSK's Indian Horlicks business for 3.3 billion Euros - Economic Times
Unilever buys GSK's Indian Horlicks business for 3.3 billion Euros Economic TimesFMCG major HUL Monday said its board has approved the merger with GlaxoSmithKline Consumer Healthcare (GSKCH India) through an-all equity deal, ... -
Mahendra Singhi elected new President of Cement Manufacturers Association
Singhi takes over from the outgoing President Shailendra Chouksey. -
JLR launches special edition XJ50 priced at Rs 1.11 cr
The special edition, XJ50 will be available in long wheelbase with 3 litre diesel engine option, the company said in a statement. -
Govt eyes Rs 9,000 cr from sale of land, realty assets of Air India
The sale of land, building and other realty assets is part of the government#39;s plan to trim the Rs 55,000 crore debt burden of Air India as this will make the airline competitive and fetch a better valuation when the government plans strategic sale of national carrier again. -
Government permits export of gold idols with certain conditions
Exporters would also have to make clear distinction between a religious idol and simply moulded gold article/idol. -
Buy or Sell | Nifty may face resistance around 10,930
Dollar inflow is expected in India but the market may remain volatile. -
Nifty likely to swing in 10,650-10,960 range; 2 footwear stocks that could return up to 39%
Manali Bhatia of Rudra SharesStock Brokers said overall technical setup and options data suggests Nifty is likely to swing in 10,960-10,650 range before any fresh directional move -
PVR brings cinema closer to differently abled people
Under Accessible Cinema Program, PVR has plans to provide assistive equipment to ensure access for people with mobility issues. -
Ed-tech firm OnFees gets Rs 50 crore worth of transactions by 1 lakh students
The firm simplifies the admission process for schools and colleges across multiple courses and provides assistance for their revenue management and administration needs. -
RCom unit furnishes Rs 1,400 cr corporate guarantee to Telecom Department
The Supreme Court on November 30, had asked the Department of Telecom (DoT) to give a no-objection certificate (NoC) to Reliance Communications to sell its spectrum to Reliance Jio, provided a corporate guarantee of the said amount is furnished by its group firm in favour of government. -
HUL board apporves merger with GlaxoSmithKline Consumer Healthcare
The transaction is an all equity merger with 4.39 shares of HUL being allotted for every share in GSKCH India, which sells consumer healthcare prodcts, including popular drink brand Horlicks. -
Ideas for Profit: Input costs weigh on battery companies; accumulate
Weakening macroeconomic condition marked by rise in crude oil prices, rupee depreciation, rising interest rate regime coupled with regulatory challenge coming from mandatory long-term insurance as well as natural calamity like floods in Kerala had dampened the demand for most of the auto majors in India in September 2018. However, festive season brought cheers to selected pockets in the month of October 2018. -
Mahindra tractor sales rise 13% to 25,949 units in November
In the domestic market, tractor sales stood at 25,159 units as compared to 21,271 units in November 2017, up 18 percent, the company said in a statement. -
SPARC, Schrödinger announce research collaboration for novel CNS therapeutics
This collaboration will leverage Schrödinger#39;s advanced computational platform and SPARC#39;s extensive drug development expertise and insights in neuro-degeneration, the companies said in a joint statement. -
Big names likely to feature in SFIO report on ILFS
As many as six high-profile executives, not belonging to ILFS, are likely to be named in the interim report, a source said. -
Business leadership lessons from Indian sex workers - Quartz
via qz.comBusiness leadership lessons from Indian sex workers QuartzEvery time I met and interacted with sex workers I would ponder over a fundamental question: Why did sex workers show so many more leadership attributes ... -
Repo rate unlikely to change in remainder of FY19
Geopolitical developments and supply-demand balances would continue to influence crude oil prices, and consequently, the sentiment toward the rupee and the domestic inflation outlook -
Bulls dominated D-Street in 7 of the last 10 Decembers; will 2018 be any different?
The maximum gain was seen in 2008 when the Sensex rallied 9.1 percent. The second biggest gain was in 2017, when it rose 3.7 percent

