NBCC Q2 profit down 3% at Rs 76 cr; order book reaches nearly Rs 1 lakh cr
Total income rose 43 per cent to Rs 1,646.48 crore from Rs 1,153.71 crore during the period under the review.
Posted on 20 November 2018 | 9:52 pm
Supreme Court gives Amrapali Group last chance to make all financial disclosures
The next date of hearing is on December 5. Amrapali Group has been asked to file its reply by December 3
Posted on 20 November 2018 | 9:12 pm
Delhi court directs police to file status report on petition seeking FIR against real estate major
Additional Chief Metropolitan Magistrate Jitender Singh asked police to apprise it about the status of the case before December 17, the next date of hearing.
Posted on 20 November 2018 | 9:00 pm
Swiss Re says preferential treatment in reinsurance a bad idea
IRDAI has given GIC Re the first preference in reinsurance treaties
Posted on 20 November 2018 | 8:16 pm
Mauritius SBM Bank appoints former Axis Bank executive Sidharth Rath as CEO
Rath has spent 17 years with India’s third-largest private sector lender across various roles and verticals and more than 26 years of industry experience.
Posted on 20 November 2018 | 8:15 pm
After Jamal Khashoggi#39;s murder, some Saudi royals turn against Crown Prince Mohammed bin Salman
Prince Ahmed, King Salman#39;s only surviving full brother, would have the support of family members, the security apparatus and some Western powers, one of the Saudi sources said.
Posted on 20 November 2018 | 8:11 pm
Confident of achieving FY19 divestment target: FinMin source
With the ongoing volatile equity markets, economy watchers feel the government may miss the target by a large margin unless some alternative steps are pursued in right earnest.
Posted on 20 November 2018 | 8:08 pm
RBI, govt find middle ground but jury on financial stability yet to be out
While some say the RBI was tamed by the government to give up decision making on many issues, others feel the former has stood up to maintain its autonomy on certain issues
Posted on 20 November 2018 | 7:58 pm
HDFC Bank to pick additional 4% stake in Clearing Corp for Rs 124 cr
HDFC Bank said it would require prior approval from the Reserve Bank for the transaction expected to be completed by the end of December 2018.
Posted on 20 November 2018 | 7:44 pm
Trade Setup for Wednesday: Top 15 things to know before Opening Bell
According to pivot charts, Nifty#39;s key support level is placed at 10,617.73, followed by 10,579.27. If the index starts moving upwards, key resistance levels to watch out for are 10,717.73 and then 10,779.27.
Posted on 20 November 2018 | 7:41 pm
Podcast | Digging Deeper - When business got cinematic
Indian films have by and large not told hardcore business-centric stories, but we are getting there.
Posted on 20 November 2018 | 7:34 pm
Cipla faces heat due to lower offtake of HIV drugs in tender market
Cipla’s management in its recent investor call indicated that the global tender business sales could be lower by $100-120m in FY19 led by funding crunch and competition.
Posted on 20 November 2018 | 7:31 pm
Delisting: SEBI allows promoters to make counter offer
The SEBI has put in place a system for price discovery as per reverse book building (RRB) method, along with considering counter offer of promoter.
Posted on 20 November 2018 | 7:27 pm
MTaI seeks one time increase of 18% in MRP of medical devices
The government had fixed price ceiling for stents and knee implants in 2017 based on landed cost of these devices in India. The rupee depreciation has increased the landed cost by around 14 percent, the industry body said.
Posted on 20 November 2018 | 7:19 pm
Kotak, LT, NBCC, 2 others submit EoI to take over bankrupt Jaypee Infratech
Legal experts said that the next step would entail evaluation of the assets of JIL by the bidders.
Posted on 20 November 2018 | 7:06 pm
GDP growth may ease to 7.2% in Jul-Sep on sluggish economy: ICRA
Official data on quarterly growth will be released at the end of this month.
Posted on 20 November 2018 | 6:57 pm
Rupee gains for sixth straight session, rises 21 paise
This is the sixth straight session of gains for the domestic unit as the US dollar weakened against some currencies overseas.
Posted on 20 November 2018 | 6:36 pm
Opinion | Tempers cool, sense returns in RBI-government dialogue
The sovereign has made its point but the regulator has not been swayed from its dharma of maintaining the soundness of the system. That#39;s not a bad bottomline.
Posted on 20 November 2018 | 4:32 pm
Modi#39;s Saubhagya scheme needs to pick up pace to meet December deadline
States, where electrification work is remaining, include Uttar Pradesh, Telangana, Rajasthan, Karnataka, West Bengal, Odisha, and Jharkhand among others.
Posted on 20 November 2018 | 3:40 pm
Opinion | Why climate change should find more space in monetary policy
The fact that economists are increasingly waking up to one of humanity’s biggest impending problems can be gauged by the Economics Nobel awarded to William Nordhaus and the resurgence of research in this area.
Posted on 20 November 2018 | 2:48 pm
RBI and govt to finalise panel on surplus transfer within a week: Sources
Transfer of surplus was one of the most contentious issues between the two which had severely affected the relations between North Block and Mint street.
Posted on 20 November 2018 | 1:44 pm
General insurance agents’ body moves PMO seeking better incentives, benefits
The body has demanded a personal accident cover of Rs 25 lakh from PSU insurers for all agents
Posted on 20 November 2018 | 12:46 pm
RBI board meet outcome: Relaxation in PCA norms, stressed MSME loan recast on the cards
The government and the central bank have been at loggerheads over various issues, ranging from necessity for a special liquidity window for NBFCs to going easy on banks under Prompt Corrective Action (PCA).
Posted on 19 November 2018 | 8:28 pm
Rupee rises 26 paise to end at 10-week high, extends gains for 5th day
Stock markets also rose nearly 1 percent to scale six-week high levels despite the ongoing RBI board meeting also supported the rupee sentiment.
Posted on 19 November 2018 | 7:50 pm
Podcast | Deep Dive: Two years after demonetisation- Did the enthusiasm finally dwindle?
This Moneycontrol Deep Dive will explore a lot more than just trivia, it will be interesting to recall just how much popular support was drummed up for demonetisation in the days that followed the late evening order on November 8, 2016.
Posted on 19 November 2018 | 4:30 pm
Opinion | Beware! Low oil prices foretell a sooner-than-expected global slowdown
Oil prices and inventory along with other telltale signs suggest we are in for tougher days ahead
Posted on 19 November 2018 | 3:07 pm
RBI trains 11,000 bank officers on MSME credit, nearly 3,000 branches covered
The officers have also been provided special kits to help their banks extend more credit to MSMEs, while they have also been trained on behaviourial issues to deal with such borrowers with utmost care, they added.
Posted on 18 November 2018 | 4:40 pm
RBI net sells $18.66 billion between April-September
In the same period last year, RBI was a net purchaser of the greenback, as it had bought $16.301 billion
Posted on 18 November 2018 | 2:33 pm
Investments via P-Notes continue to drop; hits fresh low of Rs 66,587 crore
P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process.
Posted on 18 November 2018 | 11:50 am
CAG conducting performance audit of GST, report likely soon
The CAG is auditing the functioning of the new indirect tax regime since its implementation on July 1, 2017.
Posted on 18 November 2018 | 11:20 am
NBCC Q2 profit down 3% at Rs 76 cr; order book reaches nearly Rs 1 lakh cr
Total income rose 43 per cent to Rs 1,646.48 crore from Rs 1,153.71 crore during the period under the review.
Posted on 20 November 2018 | 9:52 pm
Supreme Court gives Amrapali Group last chance to make all financial disclosures
The next date of hearing is on December 5. Amrapali Group has been asked to file its reply by December 3
Posted on 20 November 2018 | 9:12 pm
Delhi court directs police to file status report on petition seeking FIR against real estate major
Additional Chief Metropolitan Magistrate Jitender Singh asked police to apprise it about the status of the case before December 17, the next date of hearing.
Posted on 20 November 2018 | 9:00 pm
Swiss Re says preferential treatment in reinsurance a bad idea
IRDAI has given GIC Re the first preference in reinsurance treaties
Posted on 20 November 2018 | 8:16 pm
Mauritius SBM Bank appoints former Axis Bank executive Sidharth Rath as CEO
Rath has spent 17 years with India’s third-largest private sector lender across various roles and verticals and more than 26 years of industry experience.
Posted on 20 November 2018 | 8:15 pm
After Jamal Khashoggi#39;s murder, some Saudi royals turn against Crown Prince Mohammed bin Salman
Prince Ahmed, King Salman#39;s only surviving full brother, would have the support of family members, the security apparatus and some Western powers, one of the Saudi sources said.
Posted on 20 November 2018 | 8:11 pm
Confident of achieving FY19 divestment target: FinMin source
With the ongoing volatile equity markets, economy watchers feel the government may miss the target by a large margin unless some alternative steps are pursued in right earnest.
Posted on 20 November 2018 | 8:08 pm
RBI, govt find middle ground but jury on financial stability yet to be out
While some say the RBI was tamed by the government to give up decision making on many issues, others feel the former has stood up to maintain its autonomy on certain issues
Posted on 20 November 2018 | 7:58 pm
HDFC Bank to pick additional 4% stake in Clearing Corp for Rs 124 cr
HDFC Bank said it would require prior approval from the Reserve Bank for the transaction expected to be completed by the end of December 2018.
Posted on 20 November 2018 | 7:44 pm
Trade Setup for Wednesday: Top 15 things to know before Opening Bell
According to pivot charts, Nifty#39;s key support level is placed at 10,617.73, followed by 10,579.27. If the index starts moving upwards, key resistance levels to watch out for are 10,717.73 and then 10,779.27.
Posted on 20 November 2018 | 7:41 pm
Podcast | Digging Deeper - When business got cinematic
Indian films have by and large not told hardcore business-centric stories, but we are getting there.
Posted on 20 November 2018 | 7:34 pm
Cipla faces heat due to lower offtake of HIV drugs in tender market
Cipla’s management in its recent investor call indicated that the global tender business sales could be lower by $100-120m in FY19 led by funding crunch and competition.
Posted on 20 November 2018 | 7:31 pm
Delisting: SEBI allows promoters to make counter offer
The SEBI has put in place a system for price discovery as per reverse book building (RRB) method, along with considering counter offer of promoter.
Posted on 20 November 2018 | 7:27 pm
MTaI seeks one time increase of 18% in MRP of medical devices
The government had fixed price ceiling for stents and knee implants in 2017 based on landed cost of these devices in India. The rupee depreciation has increased the landed cost by around 14 percent, the industry body said.
Posted on 20 November 2018 | 7:19 pm
Kotak, LT, NBCC, 2 others submit EoI to take over bankrupt Jaypee Infratech
Legal experts said that the next step would entail evaluation of the assets of JIL by the bidders.
Posted on 20 November 2018 | 7:06 pm
Swiss Re says preferential treatment in reinsurance a bad idea
IRDAI has given GIC Re the first preference in reinsurance treaties
Posted on 20 November 2018 | 8:16 pm
Mauritius SBM Bank appoints former Axis Bank executive Sidharth Rath as CEO
Rath has spent 17 years with India’s third-largest private sector lender across various roles and verticals and more than 26 years of industry experience.
Posted on 20 November 2018 | 8:15 pm
Confident of achieving FY19 divestment target: FinMin source
With the ongoing volatile equity markets, economy watchers feel the government may miss the target by a large margin unless some alternative steps are pursued in right earnest.
Posted on 20 November 2018 | 8:08 pm
RBI, govt find middle ground but jury on financial stability yet to be out
While some say the RBI was tamed by the government to give up decision making on many issues, others feel the former has stood up to maintain its autonomy on certain issues
Posted on 20 November 2018 | 7:58 pm
HDFC Bank to pick additional 4% stake in Clearing Corp for Rs 124 cr
HDFC Bank said it would require prior approval from the Reserve Bank for the transaction expected to be completed by the end of December 2018.
Posted on 20 November 2018 | 7:44 pm
Podcast | Digging Deeper - When business got cinematic
Indian films have by and large not told hardcore business-centric stories, but we are getting there.
Posted on 20 November 2018 | 7:34 pm
Cipla faces heat due to lower offtake of HIV drugs in tender market
Cipla’s management in its recent investor call indicated that the global tender business sales could be lower by $100-120m in FY19 led by funding crunch and competition.
Posted on 20 November 2018 | 7:31 pm
Delisting: SEBI allows promoters to make counter offer
The SEBI has put in place a system for price discovery as per reverse book building (RRB) method, along with considering counter offer of promoter.
Posted on 20 November 2018 | 7:27 pm
MTaI seeks one time increase of 18% in MRP of medical devices
The government had fixed price ceiling for stents and knee implants in 2017 based on landed cost of these devices in India. The rupee depreciation has increased the landed cost by around 14 percent, the industry body said.
Posted on 20 November 2018 | 7:19 pm
Kotak, LT, NBCC, 2 others submit EoI to take over bankrupt Jaypee Infratech
Out of the five companies, LT Infrastructure Development Projects is only interested in 165-km Yamuna Expressway and not for the development of land parcels attached to the expressway belonging to JIL.
Posted on 20 November 2018 | 6:52 pm
Reliance Nippon CPSE ETF to open Nov 20, to raise Rs 8,000 crore
The government will raise Rs 8,000 crore through Reliance Nippon CPSE ETF with a greenshoe option to retain Rs 4,000 to Rs 6,000 crore
Posted on 20 November 2018 | 6:15 pm
Air India directs all passenger data to be given to IndiGo#39;s business partner Travelport by December 4
Air India took the decision to shift to a single global distribution system despite strong objections made by three top officials.
Posted on 20 November 2018 | 6:10 pm
Nissan#39;s share tumble after Carlos Ghosn#39;s arrest
Prosecutors said they were holding Ghosn for allegedly collaborating to falsify securities statements and underreport Ghosn#39;s income.
Posted on 20 November 2018 | 6:00 pm
Ayushman Bharat may cost govt more in long term: ICICI Lombard MD CEO
Moneycontrol#39;s M Saraswathy gets in conversation with Bhargav Dasgupta, MD and CEO, ICICI Lombard General Insurance to discuss the changing landscape of the insurance industry.
Posted on 20 November 2018 | 5:56 pm
NMDC suspends iron ore-mining in Karnataka
The mining company said it has requested the government to reconsider its decision and the Karnataka Chief Minister Kumaraswamy had convened a meeting with senior officials on November 14.
Posted on 20 November 2018 | 5:31 pm
