Corporates

Press Trust of India | Last Updated: March 12, 2016 20:27 (IST)

Stock exchange BSE on Saturday said it plans to come out with its much-awaited initial public offering (IPO) in the next 6-9 months after receiving in-principle approval from market regulator Sebi (Securities and Exchange Board of India).

Press Trust of India | Last Updated: March 12, 2016 19:07 (IST)

Eicher Motors on Saturday said its board has approved payment of an interim dividend of Rs 100 per equity share of Rs 10 each for the current financial year.

Press Trust of India | Last Updated: March 12, 2016 19:02 (IST)

Two- and three-wheeler manufacturer TVS Motor on Saturday declared the second interim dividend of Rs 1.50 per share (150 per cent) for financial year 2015-16.

Thomson Reuters | Last Updated: March 12, 2016 15:38 (IST)

The Securities and Exchange Board of India on Saturday said it would ban "wilful defaulters" from standing on boards of listed companies or raising fresh funds by issuing securities to the public, as part of a crackdown on bad bank loans.

Thomson Reuters | Last Updated: March 11, 2016 23:02 (IST)

The company has been able to fill most technician jobs from the region around the eastern town of Gyongyos so far, but it has cast a wider net for engineers, looking to hire people from remote areas, Banyai said.

Press Trust of India | Last Updated: March 11, 2016 22:48 (IST)

RBI said the company's Board of Directors passed a resolution to this effect. A special resolution by the shareholders also agreed for enhancing the limit for thepurchase of its equity shares by FIIs/RFPIs.

Press Trust of India | Last Updated: March 11, 2016 22:39 (IST)

Post split, the number of company's paid up shares will increase to 60 crore from 12 crore at present.

Press Trust of India | Last Updated: March 11, 2016 21:04 (IST)

Sales of luxury brand Jaguar Land Rover rose 31 per cent to 52,313 units last month as compared to 39,942 units in February 2015.

Press Trust of India | Last Updated: March 11, 2016 20:54 (IST)

Other than Franklin Templeton MF, ICICI Prudential MF also had exposure to JSPL's debt papers and Reliance MF had an exposure of about Rs 49 crore to JSPL.

Press Trust of India | Last Updated: March 11, 2016 20:53 (IST)

The government has slapped show cause notice on power major CESC Ltd for delay in payment with regard to Sarisatolli coal mine in Bengal.

Thomson Reuters | Last Updated: March 11, 2016 19:04 (IST)

If government granted Pfizer a patent on its Prevnar 13 pneumonia vaccine, Indian firms would not be able to produce affordable versions of it for domestic use or exports, MSF said.

Press Trust of India | Last Updated: March 11, 2016 13:51 (IST)

Hindustan Construction Company Ltd (HCC) today said it has bagged a Rs 635 crore contract from NTPC in Uttarakhand.

Press Trust of India | Last Updated: March 11, 2016 11:57 (IST)

Tata Steel is getting gready to commence "integrated, commercial production" of the first phase of the 3-million tonne steel plant in Odisha by September and is keen to keep the project cost below the projected Rs 25,000 crore.

Press Trust of India | Last Updated: March 11, 2016 09:10 (IST)

Central utility Power Grid Corporation of India today said its board has approved a total investment of Rs 885 crore in projects to strengthen transmission and augment transformation capacity.

Thomson Reuters | Last Updated: March 11, 2016 08:39 (IST)

Colgate, had earlier said it expected to complete the programme this year and cut about 2,700 to 3,200 positions.

Press Trust of India | Last Updated: March 10, 2016 23:27 (IST)

Credit rating agency Crisil on Thursday downgraded eight PSU banks including Bank of India and Canara Bank, following deterioration in their asset quality, and also revised the outlook on five of them to negative.

Thomson Reuters | Last Updated: March 10, 2016 23:08 (IST)

Indian companies plan to sign energy deals with Russian oil major Rosneft next week to buy stakes in Siberian fields, two sources privy to the deal said, as New Delhi accelerates a push to secure overseas energy assets.

Press Trust of India | Last Updated: March 10, 2016 22:42 (IST)

State Bank of India, which leads a consortium of 17 lenders of Kingfisher Airlines, on Thursday refuted the allegation that the banks were late in taking action against the airline and its promoter Vijay Mallya.

Press Trust of India | Last Updated: March 10, 2016 22:21 (IST)

International ratings agency Fitch on Thursday said banks' non-performing assets ratio is likely to improve marginally to 10.9 per cent by the end of this fiscal year.

Press Trust of India | Last Updated: March 10, 2016 21:34 (IST)

Around 3.8 lakh cartons of an osteoporosis drug manufactured by domestic drug major Sun Pharmaceutical Industries are being recalled in the US and Puerto Rico due to presence of "unknown impurity".