Business News from Moneycontrol.com http://www.moneycontrol.com Mon, 16 Mar 2015 21:50:01 +0530 Moneycontrol.com http://img1.moneycontrol.com/images/top2010/moneycontrol_logo.jpg http://www.moneycontrol.com Feed provided by Moneycontrol. http://www.moneycontrol.com/news/business/aircel-maxis-case-marans-challenge-courts-jurisdiction_1330849.html <img src="http://www.moneycontrol.com/news_image_files/dayanidhi_maran1-190.jpg" alt="Aircel-Maxis case: Marans challenge court's jurisdiction" title="Aircel-Maxis case: Marans challenge court's jurisdiction" border="0" width="75" height="75" align=" left" hspace="5"/> The move by Maran brothers came a month after the Supreme Court on February 9 had disallowed them from approaching Delhi High Court against the special court's order summoning them as accused in the case arising out of probe into the 2G spectrum allocation scam. Mon, 16 Mar 2015 21:31:35 +0530 http://www.moneycontrol.com/news/business/aircel-maxis-case-marans-challenge-courts-jurisdiction_1330849.html http://www.moneycontrol.com/news/business/no-irregularitiesair-indias-mega-aircraft-order-raju_1330962.html <img src="http://www.moneycontrol.com/news_image_files/2014/a/airindia_2001.jpg" alt="No irregularities in Air India's mega aircraft order: Raju" title="No irregularities in Air India's mega aircraft order: Raju" border="0" width="75" height="75" align=" left" hspace="5"/> The Modi government denied any irregularity in Lok Sabha on Monday even though the Comptroller Auditor General released a scathing report on this purchase in 2011-12, alleging several irregularities. The order also continues to be under an investigation by the CBI. Mon, 16 Mar 2015 21:23:46 +0530 http://www.moneycontrol.com/news/business/no-irregularitiesair-indias-mega-aircraft-order-raju_1330962.html http://www.moneycontrol.com/news/business/china-state-media-targets-tata-motors-owned-land-rover_1330761.html <img src="http://www.moneycontrol.com/news_image_files/2014/t/Tata_Motors_new1_200_5615.jpg" alt="China state media targets Tata Motors-owned Land Rover" title="China state media targets Tata Motors-owned Land Rover" border="0" width="75" height="75" align=" left" hspace="5"/> Tata Motors-owned Land Rover has fitted faulty gearboxes in its popular SUV brand Evoque vehicles in China, state media here has alleged. Mon, 16 Mar 2015 20:19:37 +0530 http://www.moneycontrol.com/news/business/china-state-media-targets-tata-motors-owned-land-rover_1330761.html http://www.moneycontrol.com/news/business/europacific-growth-fund-buys-3-cr-idea-shares-for-rs-534-cr_1330830.html <img src="http://www.moneycontrol.com/news_image_files/2015/i/idea200_200_4953.jpg" alt="EuroPacific Growth Fund buys 3 cr Idea shares for Rs 534 cr" title="EuroPacific Growth Fund buys 3 cr Idea shares for Rs 534 cr" border="0" width="75" height="75" align=" left" hspace="5"/> As per data bulk deal data available with the stock exchanges, the fund has purchased a total of 30,157,849 shares of the telecom player. The shares were bought on an average price of Rs 178, valuing the transaction at Rs 536.80 crore. Mon, 16 Mar 2015 20:18:53 +0530 http://www.moneycontrol.com/news/business/europacific-growth-fund-buys-3-cr-idea-shares-for-rs-534-cr_1330830.html http://www.moneycontrol.com/news/business/zee-media-to-raise-rs-19555-cr-via-rights-issue_1330817.html <img src="http://www.moneycontrol.com/news_image_files/fake-currency.jpg" alt="Zee Media to raise Rs 195.55 cr via rights issue" title="Zee Media to raise Rs 195.55 cr via rights issue" border="0" width="75" height="75" align=" left" hspace="5"/> The company board has approved "Letter of Offer for the proposed Rights issue of up to 1,08,643,732 Equity Shares of Re 1 each of the Company at the issue price of Rs 18 per Share (including premium of Rs 17 per Share) aggregating to Rs 195.55 crore," the company informed BSE. Mon, 16 Mar 2015 20:14:43 +0530 http://www.moneycontrol.com/news/business/zee-media-to-raise-rs-19555-cr-via-rights-issue_1330817.html http://www.moneycontrol.com/news/business/bmw-launches-mini-cooper-s-priced-at-rs-3465-lakh_1330699.html <img src="http://www.moneycontrol.com/news_image_files/2015/m/minicooper200_200_4542.jpg" alt="BMW launches Mini Cooper S priced at Rs 34.65 lakh" title="BMW launches Mini Cooper S priced at Rs 34.65 lakh" border="0" width="75" height="75" align=" left" hspace="5"/> "The new Mini Cooper S is furiously fun and ready to dominate the Indian streets like never before," BMW Group India President Philipp von Sahr said. Mon, 16 Mar 2015 20:02:54 +0530 http://www.moneycontrol.com/news/business/bmw-launches-mini-cooper-s-priced-at-rs-3465-lakh_1330699.html http://www.moneycontrol.com/news/business/mercedes-to-recall-1-lakh-carschina-due-to-fire-risk_1330739.html <img src="http://www.moneycontrol.com/news_image_files/2014/m/mercedesbenz_200_1820.jpg" alt="Mercedes to recall 1 lakh cars in China due to fire risk" title="Mercedes to recall 1 lakh cars in China due to fire risk" border="0" width="75" height="75" align=" left" hspace="5"/> The recall involves the CLS-Class and E-Class vehicles imported to China, as well as some E-Class cars manufactured by the Beijing Benz Automotive Company Limited, the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) said in a statement. Mon, 16 Mar 2015 19:58:52 +0530 http://www.moneycontrol.com/news/business/mercedes-to-recall-1-lakh-carschina-due-to-fire-risk_1330739.html http://www.moneycontrol.com/news/business/navi-mumbai-international-airport-project-backtrack_1330654.html <img src="http://www.moneycontrol.com/news_image_files/2014/n/navi-mumbai-airport_200_3554.jpg" alt="Navi Mumbai International Airport project back on track" title="Navi Mumbai International Airport project back on track" border="0" width="75" height="75" align=" left" hspace="5"/> According to CIDCO, the Navi Mumbai International Airport Project has four good bids now. Mon, 16 Mar 2015 17:31:33 +0530 http://www.moneycontrol.com/news/business/navi-mumbai-international-airport-project-backtrack_1330654.html http://www.moneycontrol.com/news/business/snapdeal-to-acquire-gojavas-for-rs-200-crore_1330606.html <img src="http://www.moneycontrol.com/news_image_files/2014/s/Snapdeal.jpg" alt="Snapdeal to acquire GoJavas for Rs 200 crore" title="Snapdeal to acquire GoJavas for Rs 200 crore" border="0" width="75" height="75" align=" left" hspace="5"/> According to sources, Snapdeal is expected to announce the acquisition of the former logistics arm of e-tailer Jabong in the next two weeks. The deal size could range between Rs 150-200 crore, they added. Mon, 16 Mar 2015 17:27:04 +0530 http://www.moneycontrol.com/news/business/snapdeal-to-acquire-gojavas-for-rs-200-crore_1330606.html http://www.moneycontrol.com/news/business/gsm-mobile-base-rises-14february-coai_1330594.html <img src="http://www.moneycontrol.com/news_image_files/2014/m/mobile_phone_india_telecom_356_200_2337.jpg" alt="GSM mobile base rises 1.4% in February: COAI" title="GSM mobile base rises 1.4% in February: COAI" border="0" width="75" height="75" align=" left" hspace="5"/> "All India GSM cellular subscriber figures as of February 2015 stood at 69.70 crore. The subscribers increased by 95.94 lakh in February, (1.40 percent increase from previous month," COAI said in a statement. Mon, 16 Mar 2015 17:26:36 +0530 http://www.moneycontrol.com/news/business/gsm-mobile-base-rises-14february-coai_1330594.html http://www.moneycontrol.com/news/business/chinas-tcl-corp-to-build-factoriesindia-brazil_1330505.html <img src="http://www.moneycontrol.com/news_image_files/2014/s/SMARTPHONE_200_2856.jpg" alt="China's TCL Corp to build factories in India, Brazil" title="China's TCL Corp to build factories in India, Brazil" border="0" width="75" height="75" align=" left" hspace="5"/> TCL Communication, which sells smartphones and wearable computing devices under the Alcatel OneTouch and TCL OneTouch brands, last year ranked as the world's seventh-largest handset provider, according to technology consultant Gartner Inc. Mon, 16 Mar 2015 16:22:15 +0530 http://www.moneycontrol.com/news/business/chinas-tcl-corp-to-build-factoriesindia-brazil_1330505.html http://www.moneycontrol.com/news/business/jet-etihad-deal-documents-among-those-leaked-cbi_1330571.html <img src="http://www.moneycontrol.com/news_image_files/2014/j/jet_airways1_200.jpg" alt="Jet-Etihad deal documents among those leaked: CBI" title="Jet-Etihad deal documents among those leaked: CBI" border="0" width="75" height="75" align=" left" hspace="5"/> The sources said during questioning of suspects arrested by the agency and phone intercepts available with it, it has emerged that the Rs 2,058 crore Jet-Etihad deal was one of the many crucial deals whose records were leaked to middlemen. Mon, 16 Mar 2015 16:18:18 +0530 http://www.moneycontrol.com/news/business/jet-etihad-deal-documents-among-those-leaked-cbi_1330571.html http://www.moneycontrol.com/news/business/upbeatorder-flows-see-20-fy15-growth-diamond-power_1330511.html <img src="http://www.moneycontrol.com/news_image_files/2015/a/amitbhatnagar_diamondpower_200.jpg" alt="Amit Bhatnagar" title="Amit Bhatnagar" border="0" width="75" height="75" align=" left" hspace="5"/> Amit Bhatnagar, managing director of Diamond Power Infra is confident of the company ending FY15 with 20 percent growth revenues. Mon, 16 Mar 2015 15:03:58 +0530 http://www.moneycontrol.com/news/business/upbeatorder-flows-see-20-fy15-growth-diamond-power_1330511.html http://www.moneycontrol.com/news/business/gm-india-launches-updated-versioncaptiva-at-rs-2736-lk_1330374.html <img src="http://www.moneycontrol.com/news_image_files/2015/c/car.jpg" alt="GM India launches updated version of Captiva at Rs 27.36 lk" title="GM India launches updated version of Captiva at Rs 27.36 lk" border="0" width="75" height="75" align=" left" hspace="5"/> Commenting on the launch General Motors India President and Managing Director Arvind Saxena said the introduction of the all new 'MY 15 Captiva' is in line with the company's business plan of capturing the all important SUV market and growing its market share. Mon, 16 Mar 2015 14:50:20 +0530 http://www.moneycontrol.com/news/business/gm-india-launches-updated-versioncaptiva-at-rs-2736-lk_1330374.html http://www.moneycontrol.com/news/business/lt-infotech-bags-3610mn-contractrvnl_1330389.html <img src="http://www.moneycontrol.com/news_image_files/2015/l/L&T200_200_2641.jpg" alt="LT Infotech bags $10mn contract from RVNL" title="LT Infotech bags $10mn contract from RVNL" border="0" width="75" height="75" align=" left" hspace="5"/> RVNL is a wholly-owned public sector company under the Ministry of Railways, with the specific mandate of fast tracking implementation of rail infrastructure projects. Mon, 16 Mar 2015 14:47:48 +0530 http://www.moneycontrol.com/news/business/lt-infotech-bags-3610mn-contractrvnl_1330389.html
Business News from Moneycontrol.com http://www.moneycontrol.com Mon, 16 Mar 2015 21:50:01 +0530 Moneycontrol.com http://img1.moneycontrol.com/images/top2010/moneycontrol_logo.jpg http://www.moneycontrol.com Feed provided by Moneycontrol. http://www.moneycontrol.com/news/business/aircel-maxis-case-marans-challenge-courts-jurisdiction_1330849.html <img src="http://www.moneycontrol.com/news_image_files/dayanidhi_maran1-190.jpg" alt="Aircel-Maxis case: Marans challenge court's jurisdiction" title="Aircel-Maxis case: Marans challenge court's jurisdiction" border="0" width="75" height="75" align=" left" hspace="5"/> The move by Maran brothers came a month after the Supreme Court on February 9 had disallowed them from approaching Delhi High Court against the special court's order summoning them as accused in the case arising out of probe into the 2G spectrum allocation scam. Mon, 16 Mar 2015 21:31:35 +0530 http://www.moneycontrol.com/news/business/aircel-maxis-case-marans-challenge-courts-jurisdiction_1330849.html http://www.moneycontrol.com/news/business/no-irregularitiesair-indias-mega-aircraft-order-raju_1330962.html <img src="http://www.moneycontrol.com/news_image_files/2014/a/airindia_2001.jpg" alt="No irregularities in Air India's mega aircraft order: Raju" title="No irregularities in Air India's mega aircraft order: Raju" border="0" width="75" height="75" align=" left" hspace="5"/> The Modi government denied any irregularity in Lok Sabha on Monday even though the Comptroller Auditor General released a scathing report on this purchase in 2011-12, alleging several irregularities. The order also continues to be under an investigation by the CBI. Mon, 16 Mar 2015 21:23:46 +0530 http://www.moneycontrol.com/news/business/no-irregularitiesair-indias-mega-aircraft-order-raju_1330962.html http://www.moneycontrol.com/news/business/china-state-media-targets-tata-motors-owned-land-rover_1330761.html <img src="http://www.moneycontrol.com/news_image_files/2014/t/Tata_Motors_new1_200_5615.jpg" alt="China state media targets Tata Motors-owned Land Rover" title="China state media targets Tata Motors-owned Land Rover" border="0" width="75" height="75" align=" left" hspace="5"/> Tata Motors-owned Land Rover has fitted faulty gearboxes in its popular SUV brand Evoque vehicles in China, state media here has alleged. Mon, 16 Mar 2015 20:19:37 +0530 http://www.moneycontrol.com/news/business/china-state-media-targets-tata-motors-owned-land-rover_1330761.html http://www.moneycontrol.com/news/business/europacific-growth-fund-buys-3-cr-idea-shares-for-rs-534-cr_1330830.html <img src="http://www.moneycontrol.com/news_image_files/2015/i/idea200_200_4953.jpg" alt="EuroPacific Growth Fund buys 3 cr Idea shares for Rs 534 cr" title="EuroPacific Growth Fund buys 3 cr Idea shares for Rs 534 cr" border="0" width="75" height="75" align=" left" hspace="5"/> As per data bulk deal data available with the stock exchanges, the fund has purchased a total of 30,157,849 shares of the telecom player. The shares were bought on an average price of Rs 178, valuing the transaction at Rs 536.80 crore. Mon, 16 Mar 2015 20:18:53 +0530 http://www.moneycontrol.com/news/business/europacific-growth-fund-buys-3-cr-idea-shares-for-rs-534-cr_1330830.html http://www.moneycontrol.com/news/business/zee-media-to-raise-rs-19555-cr-via-rights-issue_1330817.html <img src="http://www.moneycontrol.com/news_image_files/fake-currency.jpg" alt="Zee Media to raise Rs 195.55 cr via rights issue" title="Zee Media to raise Rs 195.55 cr via rights issue" border="0" width="75" height="75" align=" left" hspace="5"/> The company board has approved "Letter of Offer for the proposed Rights issue of up to 1,08,643,732 Equity Shares of Re 1 each of the Company at the issue price of Rs 18 per Share (including premium of Rs 17 per Share) aggregating to Rs 195.55 crore," the company informed BSE. Mon, 16 Mar 2015 20:14:43 +0530 http://www.moneycontrol.com/news/business/zee-media-to-raise-rs-19555-cr-via-rights-issue_1330817.html http://www.moneycontrol.com/news/business/bmw-launches-mini-cooper-s-priced-at-rs-3465-lakh_1330699.html <img src="http://www.moneycontrol.com/news_image_files/2015/m/minicooper200_200_4542.jpg" alt="BMW launches Mini Cooper S priced at Rs 34.65 lakh" title="BMW launches Mini Cooper S priced at Rs 34.65 lakh" border="0" width="75" height="75" align=" left" hspace="5"/> "The new Mini Cooper S is furiously fun and ready to dominate the Indian streets like never before," BMW Group India President Philipp von Sahr said. Mon, 16 Mar 2015 20:02:54 +0530 http://www.moneycontrol.com/news/business/bmw-launches-mini-cooper-s-priced-at-rs-3465-lakh_1330699.html http://www.moneycontrol.com/news/business/mercedes-to-recall-1-lakh-carschina-due-to-fire-risk_1330739.html <img src="http://www.moneycontrol.com/news_image_files/2014/m/mercedesbenz_200_1820.jpg" alt="Mercedes to recall 1 lakh cars in China due to fire risk" title="Mercedes to recall 1 lakh cars in China due to fire risk" border="0" width="75" height="75" align=" left" hspace="5"/> The recall involves the CLS-Class and E-Class vehicles imported to China, as well as some E-Class cars manufactured by the Beijing Benz Automotive Company Limited, the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) said in a statement. Mon, 16 Mar 2015 19:58:52 +0530 http://www.moneycontrol.com/news/business/mercedes-to-recall-1-lakh-carschina-due-to-fire-risk_1330739.html http://www.moneycontrol.com/news/business/navi-mumbai-international-airport-project-backtrack_1330654.html <img src="http://www.moneycontrol.com/news_image_files/2014/n/navi-mumbai-airport_200_3554.jpg" alt="Navi Mumbai International Airport project back on track" title="Navi Mumbai International Airport project back on track" border="0" width="75" height="75" align=" left" hspace="5"/> According to CIDCO, the Navi Mumbai International Airport Project has four good bids now. Mon, 16 Mar 2015 17:31:33 +0530 http://www.moneycontrol.com/news/business/navi-mumbai-international-airport-project-backtrack_1330654.html http://www.moneycontrol.com/news/business/snapdeal-to-acquire-gojavas-for-rs-200-crore_1330606.html <img src="http://www.moneycontrol.com/news_image_files/2014/s/Snapdeal.jpg" alt="Snapdeal to acquire GoJavas for Rs 200 crore" title="Snapdeal to acquire GoJavas for Rs 200 crore" border="0" width="75" height="75" align=" left" hspace="5"/> According to sources, Snapdeal is expected to announce the acquisition of the former logistics arm of e-tailer Jabong in the next two weeks. The deal size could range between Rs 150-200 crore, they added. Mon, 16 Mar 2015 17:27:04 +0530 http://www.moneycontrol.com/news/business/snapdeal-to-acquire-gojavas-for-rs-200-crore_1330606.html http://www.moneycontrol.com/news/business/gsm-mobile-base-rises-14february-coai_1330594.html <img src="http://www.moneycontrol.com/news_image_files/2014/m/mobile_phone_india_telecom_356_200_2337.jpg" alt="GSM mobile base rises 1.4% in February: COAI" title="GSM mobile base rises 1.4% in February: COAI" border="0" width="75" height="75" align=" left" hspace="5"/> "All India GSM cellular subscriber figures as of February 2015 stood at 69.70 crore. The subscribers increased by 95.94 lakh in February, (1.40 percent increase from previous month," COAI said in a statement. Mon, 16 Mar 2015 17:26:36 +0530 http://www.moneycontrol.com/news/business/gsm-mobile-base-rises-14february-coai_1330594.html http://www.moneycontrol.com/news/business/chinas-tcl-corp-to-build-factoriesindia-brazil_1330505.html <img src="http://www.moneycontrol.com/news_image_files/2014/s/SMARTPHONE_200_2856.jpg" alt="China's TCL Corp to build factories in India, Brazil" title="China's TCL Corp to build factories in India, Brazil" border="0" width="75" height="75" align=" left" hspace="5"/> TCL Communication, which sells smartphones and wearable computing devices under the Alcatel OneTouch and TCL OneTouch brands, last year ranked as the world's seventh-largest handset provider, according to technology consultant Gartner Inc. Mon, 16 Mar 2015 16:22:15 +0530 http://www.moneycontrol.com/news/business/chinas-tcl-corp-to-build-factoriesindia-brazil_1330505.html http://www.moneycontrol.com/news/business/jet-etihad-deal-documents-among-those-leaked-cbi_1330571.html <img src="http://www.moneycontrol.com/news_image_files/2014/j/jet_airways1_200.jpg" alt="Jet-Etihad deal documents among those leaked: CBI" title="Jet-Etihad deal documents among those leaked: CBI" border="0" width="75" height="75" align=" left" hspace="5"/> The sources said during questioning of suspects arrested by the agency and phone intercepts available with it, it has emerged that the Rs 2,058 crore Jet-Etihad deal was one of the many crucial deals whose records were leaked to middlemen. Mon, 16 Mar 2015 16:18:18 +0530 http://www.moneycontrol.com/news/business/jet-etihad-deal-documents-among-those-leaked-cbi_1330571.html http://www.moneycontrol.com/news/business/upbeatorder-flows-see-20-fy15-growth-diamond-power_1330511.html <img src="http://www.moneycontrol.com/news_image_files/2015/a/amitbhatnagar_diamondpower_200.jpg" alt="Amit Bhatnagar" title="Amit Bhatnagar" border="0" width="75" height="75" align=" left" hspace="5"/> Amit Bhatnagar, managing director of Diamond Power Infra is confident of the company ending FY15 with 20 percent growth revenues. Mon, 16 Mar 2015 15:03:58 +0530 http://www.moneycontrol.com/news/business/upbeatorder-flows-see-20-fy15-growth-diamond-power_1330511.html http://www.moneycontrol.com/news/business/gm-india-launches-updated-versioncaptiva-at-rs-2736-lk_1330374.html <img src="http://www.moneycontrol.com/news_image_files/2015/c/car.jpg" alt="GM India launches updated version of Captiva at Rs 27.36 lk" title="GM India launches updated version of Captiva at Rs 27.36 lk" border="0" width="75" height="75" align=" left" hspace="5"/> Commenting on the launch General Motors India President and Managing Director Arvind Saxena said the introduction of the all new 'MY 15 Captiva' is in line with the company's business plan of capturing the all important SUV market and growing its market share. Mon, 16 Mar 2015 14:50:20 +0530 http://www.moneycontrol.com/news/business/gm-india-launches-updated-versioncaptiva-at-rs-2736-lk_1330374.html http://www.moneycontrol.com/news/business/lt-infotech-bags-3610mn-contractrvnl_1330389.html <img src="http://www.moneycontrol.com/news_image_files/2015/l/L&T200_200_2641.jpg" alt="LT Infotech bags $10mn contract from RVNL" title="LT Infotech bags $10mn contract from RVNL" border="0" width="75" height="75" align=" left" hspace="5"/> RVNL is a wholly-owned public sector company under the Ministry of Railways, with the specific mandate of fast tracking implementation of rail infrastructure projects. Mon, 16 Mar 2015 14:47:48 +0530 http://www.moneycontrol.com/news/business/lt-infotech-bags-3610mn-contractrvnl_1330389.html
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