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19 July, 2017 4:06 AM SoftBank Investment in Paytm Parent Gets Approval From Competition Commission of India

Japanese conglomerate SoftBank's 20 percent stake purchase in One97 Communications, which operates digital payments platform Paytm, has been approved by the Competition Commission. As per a notice submitted by SoftBank to the fair-trade regulator, the combination involves the acquisition of equity shares of One97 Communications Ltd (OCL) by SoftBank 19

18 July, 2017 10:55 AM Unclaimed dividend of Rs 9,100 cr lying with companies: Arjun Ram Meghwal

Dividend payments of over Rs 9,100 crore are lying unclaimed with companies, Parliament was informed today. The unclaimed and unpaid amounts lying with companies are on account of dividends, matured deposits as well as debentures, among others. As per the filing made by the companies till March 31, 2017, an amount of Rs 9,120.77 crore is lying with them as unpaid 24

16 July, 2017 2:57 PM HPCL to invest Rs 61,000 crore by 2021 on expansion projects

New Delhi: State-owned HPCL will invest Rs 61,000 crore over the next four years in expanding and upgrading its existing refining capacity to meet higher quality fuel norms, the company said in an investor presentation. HPCL is upgrading both its Mumbai and Visakh refineries to produce fuel meeting Euro-VI emission norms. "Major planned investments in refinery 35

16 July, 2017 5:26 AM How China beats India hollow in trade and dominates Indian homes, markets and economy

As encroachment charges on the border fly thick and fast, there’s little doubt which country has been successful in infiltrating the marketplace. Based out of Kolkata, Gyanesh Chaudhary thought of solar long before it became fashionable. In 2006, the Harvard alumnus founded Vikram Solar, today among India's top 10 manufacturers of solar modules. Located 52

12 July, 2017 7:29 AM Reliance Jio raises rates, set to break-even soon; is RIL at Rs 1,500 a good buy?

NEW DELHI: Reliance Industries is among only four Sensex stocks, which have rallied over 50 per cent in last one year. At a nine-year high of Rs 1,500 a piece, this stock has displaced TCS as the most valuable firm in terms of market capitalisation. With telecom arm Reliance Jio expected to break-even soon, can this stock see further re-rating? The company 16

8 July, 2017 4:14 PM IDFC-Shriram merger: Top management speaks about the deal

It is a mega merger, a large transaction - IDFC Group as well as Shriram Group looking to come together and form USD 10 billion powerhouse of financial services. In an interview to CNBC-TV18's Nisha Poddar, R Thyagarajan, Founder Chairman of Shriram Group, Rajiv Lall, Founder MD & CEO of IDFC Bank and Ajay Piramal, Chairman of Shriram Capital spoke at length 22

30 June, 2017 6:29 AM 'Plenty Of Hiccups' Expected As New Tax Reform GST Is Rolled Out Tonight

As India prepares to launch its biggest tax reform since independence in 1947, businesses and citizens across the country are bracing for economic chaos. At midnight on July 1, Prime Minister Narendra Modi will formally usher in the country's new goods and services tax. First proposed in 2006, the GST will subsume more than a dozen state and central 29

30 June, 2017 4:42 AM CDSL makes stellar debut on NSE, jumps 68%; HNIs cheer

NEW DELHI: Central Depository Services (India) (CDSL) on Friday made a stellar debut on NSE, as the scrip got listed at Rs 250, a premium of 67.79 per cent over its issue price of Rs 149 apiece. At 10.02 am, the scrip was trading 79 per cent higher at Rs 266 on the exchange. CDSL’s IPO received a spectacular 170-times oversubscription last week, eclipsing 37

28 June, 2017 10:32 AM Reliance Jio Free Data, Paytm Cashback Offers With Select Gionee Smartphones

Gionee has announced customers will get up to 60GB of free Reliance Jio data on purchase of select smartphones after June 16. This is part of the new 'Jio-Gionee Additional Data' offer that the two brands have launched, and the free Reliance Jio data is provided over six recharge cycles. Along with this, Gionee customers will get Paytm cashback vouchers 25

28 June, 2017 3:33 AM Facing revolt on healthcare bill, US Senate Republicans delay vote

WASHINGTON: US Senate Republican leaders postponed a vote on a healthcare overhaul on Tuesday after resistance from members of their own party, and President Donald Trump summoned Republican senators to the White House to urge them to break the impasse. The delay put the future of a longtime top Republican priority in doubt amid concerns about the Senate 38