OfficeYes.com announces franchise opportunity in India

OfficeYes.com, India's largest Office Supplies and Stationery Company has recently announced its franchise opportunity in India. Through this franchise channel, entrepreneurs and aspiring entrepreneurs can open one-stop stationery and supplies stores...

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Cooper Corporation launches 3 cylinder gensets in Mumbai

Cooper Corporation, an Engine Major launches its 3 Cylinder, 62.5 KVA and 82.5 KVA Generators under the brand name "Cooper ECOPACK" at the Power Gen Exhibition in Mumbai. A cost efficient and silent revolution, Mumbai gets India's best power packed genset...

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McDonalds India to hike prices amid rising inflation

Fast food chain McDonalds Corp plans to increase prices in India for the second time this year, responding to rising inflation which, along with an economic slowdown, it expects to temper demand growth for at least the next 7 months.The company said...

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HDFC unlikely to cut rates unless cost of funds dips

Moneycontrol BureauIndia's largest mortgage lender HDFC is unlikely to cut interest rates unless there is noticeable fall in the cost of funds. The lender had last cut its retail prime lending rate by 10 basis points to 16.40 percent in February, 2013....

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Geojit ties up with BSE to launch 1st stock trading app

In a move to attract more young investors to the Indian capital markets, Geojit BNP Paribas today entered into a tie-up with premier stock exchange BSE to launch 'Flip Social' -- India's first stock trading application suite -- for Facebook. The application...

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No respite seen in SEBI's 25% minimum float norm: Mayaram

Listed companies are unlikely to get any respite from the Securities and Exchanges Board of India's (SEBI) June 30 deadline for having a minimum 25 percent public shareholding, Arvind Mayaram, Economic Affairs Secretary told CNBC-TV18's Aakansha Sethi...

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Ittiam announces induction of Lip-Bu Tan

Mr. Tan's extensive industry experience and global network to be an asset for the company in the next phase of its growthIttiam Systems today announced the induction to the Company Board, Lip-Bu Tan, Chairman of Walden International which is a leading...

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Oxigen NPCI launch OxiCash Money Transfer

History jointly created by National Payments Corporation of India and Oxigen.OxiCash unveils its Instant Money Transfer Service. RBI Chief General Manager , Dept of Payment and Settlement Systems , Mr. Vijay Chugh inaugurated the service. A service that...

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Sify names C R Rao as Chief Operating Officer

Sify Technologies Limited (NASDAQ Global Markets: SIFY), a leader in Managed Enterprise, Network and IT Services in India with growing global delivery capabilities, today announced the elevation of C R Rao as the company's new Chief Operating Officer....

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Panel proposes no profit sharing clause for coal miners

The parliamentary panel on coal and steel today submitted its recommendation on The Mines and Mineral Development and Regulation (MMDR) bill. The panel suggested that companies mining coal and lignite instead of sharing profit with local communities...

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NTPC is focused on adding energy, says Roy Choudhury

Power major NTPC is well on course of adding 1,28,000 MW by the 15th plan, which roughly ends in 2032, a top company official said today. "There are many projects in the country. (As per the) 12th plan, 15,000 MW project will be commissioned. 41,000...

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HDFC Life FY13 Net up 66% at Rs 451 crore

Private general insurer HDFC Life today reported 66.42 per cent growth in net profit at Rs 451 crore in 2012-13, driven by healthy expansion in new business premium and other fronts. In 2011-12, HDFC Life's net profit stood at Rs 271 crore. "FY13 was...

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SBI General hopes to break even by FY15

Private sector general insurer SBI General Insurance hopes to break even by FY15 on the back of better underwriting practices, a top company official said today. "We hope to break even by 2014-15 given the better underwriting practices, coupled with...

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Subramanian Swamy welcomes SC verdict on Kundakulum

Janata Party chief Subramanian Swamy today welcomed the Supreme Court verdict on Kundakulum Nuclear Power Project and said government should now crackdown on any further agitation which disrupts the schedule of its completion.He said that from the very...

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BSNL may report fall in losses at Rs 8,198cr

State-owned telecom operator BSNL is expected to announce a fall in losses, at Rs 8,198 crore, for 2012-13 fiscal. In 2011-12, it had reported losses of Rs 8,851 crore."As per unaudited figures, BSNL loss stands at Rs 8,198 crore. It will be audited...

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Cobrapost 2: FinMin calls for action, banks to investigate

Moneycontrol BureauThe second round of Cobrapost sting operation evoked immediate responses across the spectrum. Rajiv Takru secretary at the Department of Financial Services asked all state owned banks and the Life Insurance Corporation (LIC) of India...

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Embattled Sahara seeks equity, debt infusion

The embattled Sahara conglomerate is looking to bring equity and debt investment into its businesses as an ongoing dispute with the the Securities and Exchange Board of India (SEBI) has set back its growth.Unlisted Sahara, a household name in India through...

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RIL surpasses ITC to reclaim third most valued co status

Reliance Industries Ltd (RIL) on Monday overtook FMCG major ITC to become the country's third most-valued company after TCS and ONGC .At the end of the trade, RIL commanded market value of Rs 2,65,814 crore. This is about Rs 7,978 crore more than ITC's...

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Balaji Telefilms did not disclose Rs 30cr income: I-T

Three days after conducting searches at Balaji Telefilms' facilities and also at the houses of its promoters here, the Income Tax department today said the film production house had not disclosed Rs 30 crore income it had earned, and thus evaded tax."After...

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NMDC keeps ore price unchanged in May

Moneycontrol BureauState-run miner NMDC 's board has decided to keep iron ore price unchanged for the current month and will continue to sell iron ore lumps in the range between Rs 4500-Rs 4700 per tonne, while fines will be sold at Rs...

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Police seize property documents of Saradha Group

The police seized documents relating to the property of the Saradha Group on Saturday. "We have seized property documents relating to the investigation into the Saradha Group," Arnab Ghosh, deputy commissioner (DD), Bidhanagar City police told PTI here.Saradha...

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Cheering social entrepreneurship: How Lok Capital did it

Investing in a social enterprise in India has become quite the in-thing and the definition of who is a social entrepreneur seems to be changing as well. Rajiv Lall, Vishal Mehta and Venky Natarajan, founder of 'Lok Capital' who started their journey...

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Indian PC, mobile mkt not much different from China: Lenovo

Lenovo, the personal computer, smartphone and tablet maker is all set to grow its presence in India and aims to become a numero uno vendor for PCs and smartphone. The company which has already achieved a very strong market presence in China is now setting...

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Personalising ads further, challenge to advertisers: Google

Emphasising on the vital role a marketeer plays in any given business, Nikesh Arora, senior vice president and chief business officer, Google says given the change in consumers' perspectives, a marketeer's fundamental task is to relate to the consumer...

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Balaji Telefilms did not disclose Rs 30cr income: I-T

Three days after conducting searches at Balaji Telefilms' facilities and also at the houses of its promoters here, the Income Tax department today said the film production house had not disclosed Rs 30 crore income it had earned, and thus evaded tax."After...

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NMDC keeps ore price unchanged in May

Moneycontrol BureauState-run miner NMDC 's board has decided to keep iron ore price unchanged for the current month and will continue to sell iron ore lumps in the range between Rs 4500-Rs 4700 per tonne, while fines will be sold at Rs...

23.25 | 0 komentar | Read More

Police seize property documents of Saradha Group

The police seized documents relating to the property of the Saradha Group on Saturday. "We have seized property documents relating to the investigation into the Saradha Group," Arnab Ghosh, deputy commissioner (DD), Bidhanagar City police told PTI here.Saradha...

23.25 | 0 komentar | Read More

Cheering social entrepreneurship: How Lok Capital did it

Investing in a social enterprise in India has become quite the in-thing and the definition of who is a social entrepreneur seems to be changing as well. Rajiv Lall, Vishal Mehta and Venky Natarajan, founder of 'Lok Capital' who started their journey...

23.25 | 0 komentar | Read More

Indian PC, mobile mkt not much different from China: Lenovo

Lenovo, the personal computer, smartphone and tablet maker is all set to grow its presence in India and aims to become a numero uno vendor for PCs and smartphone. The company which has already achieved a very strong market presence in China is now setting...

23.25 | 0 komentar | Read More

Personalising ads further, challenge to advertisers: Google

Emphasising on the vital role a marketeer plays in any given business, Nikesh Arora, senior vice president and chief business officer, Google says given the change in consumers' perspectives, a marketeer's fundamental task is to relate to the consumer...

23.25 | 0 komentar | Read More

Boeing agrees to compensate AI for Dreamliner grounding

Boeing Co has agreed to compensate state-run Air India for the grounding of 787 Dreamliner passenger jets, the Indian aviation minister said on Friday, adding the details have yet to be finalised.The carrier expects to restart Dreamliner operations for...

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In case you missed it: Top headlines on RBI policy day

Evening bulletin brings to you all the key events that made headlines today:RBI Credit Policy: Sensex ends 160 pts lower; rate sensitives fall, metals up Investors seem to be on selling mode today as the Nifty slipped closer to 5950 led by rate sensitives....

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Air Asia's NOC under consideration: Ajit Singh

Civil aviation minister Ajit Singh on Friday said that the ministry was actively considering Air Asia India's proposal for a no-objection-certificate (NOC) to start operations.Singh added that the ministry will be able to clear the proposal soon...

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RBI Credit Policy: Banks unlikely to cut rates soon, no relief for EMIs

Moneycontrol BureauThe Reserve Bank of India's annual credit policy for 2013-14 may not bring cheers for you. Clearly, banks are in no mood to reduce interest rates anytime soon following a cut in the policy/repo rate by 25 basis points to 7.25...

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JPC may meet on May 7; could seek another extension

The Joint Parliamentary Committee (JPC) on 2G scam is likely to meet on Tuesday to decide on the "future course of action" amid possibility of it seeking a fresh extension of tenure to adopt the controversial draft report.After Lok Sahba Speaker Meira...

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