ONGC Ltd will redraw its long-term roadmap in coming days to bring it in line with the changed operating realities of the company, the state-owned company’s chairman and managing director Shashi Shanker said. The company’s current vision document, known as Perspective Plan 2030, was drawn up seven years ago and laid out the company’s long […]
The Income Tax Department has ‘provisionally attached’ Mindtree shares worth Rs 660 cr belonging to VG Siddhartha, the founder of Cafe Coffee Day and the son in law of former Congress leader and Karnataka Chief Minister SM Krishna. Mindtree said it received intimation from the Income Tax Department that it had provisionally attached about 75 […]
Pharmaceutical company Lupin said that the US food and Drug administration has issued six observations after an inspection at its Pithampur manufacturing unit. The inspection was conducted between 14th and 25th January said the company. All companies are supposed to observe good manufacturing practices issued by the US FDA when producing food and drugs meant […]
Booking has started for the 550 flats at Swaminarayan City, a 148-acre complex built around the upcoming Swaminarayan temple in the Mumbai suburb of Dombivali, real estate consultant ANAROCK said. Built by the Swaminarayan religious group via Swaminarayan Life Space LLP, the project will primarily cater to devotees of Swaminarayan, the 19th century ascetic with […]
Telecom Regulatory Authority of India has urged consumers not to fall for rumors about any extension of the deadline for the implementation of the new tariff scheme for TV channels, and asked them to shift to the new packs as soon as possible. The regulator also shot off letters to all broadcasters, cable operators and […]
Reliance Jio, the 4G player that started its operations about two years ago, is on track to overtake market leaders Bharti Airtel and Vodafone Idea to become India’s No.1 operator next year — India Ratings said. The credit rating agency, a unit of Fitch Group, said it expects Jio to overtake the other two some […]
Tata Sky, India’s second largest TV channel distributor, finally unveiled its channels and packs under TRAI’s new tariff rules — and offered support to almost all broadcaster’s plans and packs. Tata Sky consumers can log on to mytatasky.com or packselection.tatasky.com to modify their existing packs and packages and select the new bouquets and packs under […]
Vodafone will invest Rs 11,000 cr into its Indian subsidiary Vodafone Idea, while its co-promoter Aditya Birla Group will chip in Rs 7,250 cr, the company said today. In total, Vodafone Idea plans to raise Rs 25,000 cr from all its shareholders by selling shares. In case any of the existing shareholders waives their right […]
A six-monthly survey conducted among recruiters by India’s biggest classifieds job site, Naukri.com, has showed a marked improvement in recruiter sentiments. The survey, which focuses on hiring predictions for the next six months, shows improvement in almost all areas compared to last year, including possibility of job creation, increment levels and so on. The biggest […]
Mumbai-based software developer Aurionpro Solutions reported a sharp increase in profits for the Oct-Dec quarter, aided by a 22% jump in its revenue. The compay, which makes software for the financial sector, infrastructure projects and cyber security, reported a 44% increase in net profit for Oct-Dec to Rs 15.5 crores. Revenue jumped to Rs 115 […]
Inox Wind said it has received a contract from Adani Green Energy to build a 501.6 MW wind power project in Kutch District in Gujarat. The financial details of the contract were not revealed. Adani Green Energy, a subsidiary of the Ahmedabad-based Adani Group, won the projects under the Solar Energy Corporation of India (SECI) […]
Godrej Properties Ltd, a Mumbai-based real estate developer, announced a new project, ‘Godrej Aqua’, on the International Airport Road in Bangalore. The project gets its name from its efforts to recycle most of the water on site using advanced technologies and promises to offer ‘drinking water straight from the tap’. Godrej Aqua will offer two- […]
A court in Kerala has agreed to hear a case filed by Praveen Togadia-led Antarrashtriya Hindu Parishad against Chief Minister Pinarayi Vijayan and others for facilitating the entry of what the organization called non-believers into the Sabarimala temple two weeks ago. The case, filed by AHP National Secretary Pratheesh Vishvanath — the man behind the […]
Indira Gandhi National University started registration for the entrance test for its MBA programme. The test, called OPENMAT, will be held on 10 March. The last date for submitting the application form is 14th February. IGNOU’s MBA entrance test is held twice an year. The registration fee for the test is Rs 1000. Graduates in […]
Maruti Suzuki said it has opened booking for Baleno 2019 edition. The car, which falls into the mid-range hatchback category, can be booked at any NEXA showroom by paying Rs 11,000. Just days ago, Maruti Suzuki had opened booking for the new WagonR. Baleno is targeted at customers who want something a little more ‘premium’ […]
The Indira Gandhi National Open University (IGNOU), New Delhi has extended the last date to apply for its Master’s, Bachelor’s, Diploma and Certificate programs to Jan 31 for its January intake. The University offers both short-term and long-term programmes leading to certificates, diplomas, advance diploma, associate degree and degree. Admissions are open twice a year. […]
Sun Pharmaceutical Industries today announced a list of concrete steps to address investor concerns about certain relationships that it has with a couple of entities and loans allegedly extended to another firm. Sun Pharma stock rose 4.3% on the clarification. ADITYA MEDISALES First, Sun Pharma will move the distribution activities of its India domestic formulations […]
PhonePe, the payment app backed by Flipkart, announced that it has crossed the 1 mln merchants milestone and plans to add another five million this year. This is likely to help the company narrow the gap with market leader PayTM, which had an estimated 10 mln (1 cr) merchants in its network as of late […]
Indian pharmaceuticals manufacturer Wockhardt said it received approval from the United States Food & Drug Administration to launch a generic version of Novartis’ Leukemia drug Gleevec. The drug is estimated to have sales of $707 million in the US. The Indian company, which already has many of its products on US pharmacy shelves, said it […]
Retired Supreme Court judge Markandeya Katju, known for his frank and often outrageous political statements, has forecast chaos and instability after the upcoming 2019 general elections. The elections, he said, would create conditions similar to the mid 1990s and 1977, when no single party had the critical mass to form a stable government at the […]
