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01:20 7th Pay Commission: Salary hike recommended by E-CoS for govt empployees in report to Cabinet


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  • Tata Motors rolls out first batch of upcoming SUV Nexon

    20 July, 2017 11:04 AM 15

    Tata Motors on Thursday rolled out the first batch of its upcoming compact SUV Nexon from Ranjangaon plant in Maharashtra. Nexon, which is powered by a pair of brand new powertrains - 1.2 litre turbocharged petrol engine from the Revotron series and the 1.5 litre diesel engine from the Revotorq family, is set to debut in the festive season this year. The company

  • ABB India Q2 profit grows 38% to Rs 76 cr

    20 July, 2017 8:31 AM

    ABB India Ltd today posted a 38 per cent rise in profit at Rs 76 crore for the second quarter to June on the back of higher sales. Profit stood at Rs 55 crore in the same quarter of the previous fiscal, the company said in a filing to the BSE today. Sales during the quarter came in at Rs 2,329.3 crore, registering an increase of 6 per cent. Total expenses

  • Expect slippages in agriculture to reduce going ahead: Canara Bank

    20 July, 2017 8:11 AM 19

    Canara Bank takes a knock this morning post a disappointing set as elevated slippages and stressed assets weigh. In an interview to CNBC-TV18, Rakesh Sharma, MD & CEO of Canara Bank spoke about the results and gave his outlook for the bank. Canara Bank's emphasis was more on retail deposits and current account and saving account (CASA) deposits, said Sharma

  • Samsung heiress ordered to pay $7.6 million in divorce ruling

    20 July, 2017 7:56 AM 19

    A Seoul court on Thursday ordered Samsung Group heiress Lee Boo-jin to provide assets of 8.6 billion won ($7.64 million) to her estranged husband in a divorce from the ex-employee of a Samsung affiliate. Lee, the 46-year-old chief executive of Hotel Shilla and daughter of ailing Samsung Group patriarch Lee Kun-hee, received sole custody of their son in the ruling

  • Jailed Sasikala has had nearly three times more visits than allowed: RTI

    20 July, 2017 6:30 AM 25

    In her four months of imprisonment, AIADMK's Sasikala has met as many as 48 visitors. Amid an ongoing controversy surrounding AIADMK leader VK Sasikala allegedly receiving VIP treatment at the Bengaluru Central Prison, a Right to Information (RTI) response showed that the leader has been allowed 23 visits since being imprisoned earlier this year, reports

  • Natco Pharma gains 3% on EIR from USFDA for Kothur unit

    20 July, 2017 5:12 AM 16

    Share price of Natco Pharma advanced nearly 3 percent intraday Thursday as EIR received from USFDA for its drug formulations facility. The company has received the successful Establishment Inspection Report (EIR) from the United States Food and Drug Administration (USFDA) for the inspection conducted at its drug formulations facility at Kothur Unit, Telangana

  • Eros Worldwide sells 5 lakh shares in Eros International Media

    20 July, 2017 4:06 AM 16

    Eros Worldwide FZ LLC, the promoter of the Eros International Media, has consistently been paring its holding in the company. On July 19, 2017 the promoter sold 5,00,000 shares of the company at Rs 220.92 on the NSE. Till the date in the month of July, the promoter offloaded its holding by selling total 29,31,776 shares in the open market. Eros Worldwide

  • Gold steady ahead of central bank meetings

    20 July, 2017 2:15 AM 15

    Gold prices steadied early on Thursday, with the dollar firming as markets waited for clues on the future of key stimulus programmes in upcoming Bank of Japan and European Central Bank meetings. * U.S. gold futures for August delivery fell 0.19 percent to $1,239.60 per ounce. * The European Central Bank is expected to lay the groundwork for an autumn

  • Air India privatisation is unpatriotic, say former employees

    19 July, 2017 5:45 PM 21

    The employees union of Air India representing retired its personnel today termed the government's move to privatise the airline "unpatriotic" and "illogical" in a letter to Civil Aviation Minister Ashok Gajapathi Raju. The employees union of Air India representing retired its personnel today termed the government’s move to privatise the airline “unpatriotic

  • ONGC to takeover HPCL

    19 July, 2017 5:29 PM 23

    Cabinet in-principle nod to deal; HPCL to remain separate entity “Any decision on whether ONGC needs to pay a premium will be decided by the companies,” said a senior government official. With crude oil prices averaging $49.87 (Indian basket) a barrel from a high of $112 in 2011-12, oil and gas producers have been facing heat. The total disinvestment