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13 December, 2018 9:18 PM Industrial output sets tone for robust economic growth: India Inc on IIP data

New Delhi: India Inc on Wednesday cheered the encouraging October industrial production and said it sets the tone for a robust economic growth in the second half of the fiscal. India's industrial output grew at an 11-month high of 8.1 percent in October mainly on the back of mining, power and manufacturing sectors coupled with higher offtake of capital 44

13 December, 2018 1:54 PM Deccan Healthcare to raise Rs 40 crore via IPO on BSE SME platform

Nutraceutical maker Deccan Healthcare will be launching its initial public offering on the BSE SME Exchange to raise around Rs 40 crore. The issue, scheduled to stay open from December 18 to 20, will be at a price band of Rs 95 to Rs 100 per equity share with face value of Rs 10 each. BSE SME Exchange has been set up by the Bombay Stock Exchange (BSE) 50

13 December, 2018 8:56 AM Vivo ramps up manufacturing capacity in India, to invest Rs 4,000 cr

Chinese handset maker Vivo on Thursday said it will set up a new manufacturing facility in Uttar Pradesh, investing Rs 4,000 crore over a period of four years. The company, which competes with the likes of Samsung and Xiaomi in the Indian market, has acquired 169 acre land in the Yamuna Expressway region, a statement said. The new land has been acquired 102

12 December, 2018 4:21 PM India's November retail inflation eases to 2.33%, October IIP at 8.1%

Driven by softer food prices India`s retail inflation rate eased to 2.33 percent in November. New Delhi: Driven by softer food prices India`s retail inflation rate eased to one-and-half year low of 2.33 percent in November as compared 3.31 percent in October, government data showed on Friday. On the other hand the country's industrial output rose in October 50

12 December, 2018 1:09 PM Russian Cosmonauts Take Samples on 6th Hour of Spacewalk to Crack Mystery

Two Russian cosmonauts have taken samples of their capsule's exterior in the sixth hour of a spacewalk seeking to resolve the mystery of a small hole found in the craft docked at the International Space Station, a live broadcast by Russian space agency Roscosmos showed early on Wednesday. Roscosmos has ruled out a manufacturing defect causing the 2 mm-wide 45

7 December, 2018 1:59 PM Social media must guard against misuse of platforms: Ravi Shankar Prasad

Facebook, Twitter, YouTube and WhatsApp have changed the manner in which users consume content and communicate with each other, but the social media firms need to be mindful of "certain dos and don'ts" and guard against any misuse of their platforms, IT Minister Ravi Shankar Prasad said. Speaking at the CII Big Picture Summit, Prasad said that social 52

4 December, 2018 8:49 AM Alkem Labs gains 3% on Establishment Inspection Report for USA facility

Alkem Laboratories shares climbed 2.6 percent intraday Tuesday on receiving Establishment Inspection Report for USA facility. The US Food and Drug Administration had inspected company's manufacturing facility located at St. Louis, USA during March 12-16, 2018 and issued Form 483 with one observation. In response to the Form 483, the company had submitted 63

3 December, 2018 4:28 AM Pidilite Industries may move to Rs 1,345: Anand Rathi

We expect Pidilite Industries revenues to grown at a CAGR of 15.8 percent from FY-19E through FY-20E. The overall market for waterproofing & Flooring in India is expected to grow to more than Rs 5,000 crore by 2025 which is currently less than Rs 2,000 crore. Construction chemicals market has a huge growth potential in India owing to the growth of construction 50

30 November, 2018 12:39 PM Saudi ready to help India to meet its growing energy demands: Prince Mohammed bin Salman to PM Narendra Modi

Saudi Arabia has offered India to supply oil and petroleum products it needs to meet its growing energy demands during a meeting between Prince Mohammed bin Salman bin Abdulaziz and Prime Minister Narendra Modi, official Saudi media reported on Friday. The two leaders met at Salman's residence in the Argentinian capital Buenos Aires on the sidelines 65

30 November, 2018 7:19 AM Airbnb Will Start Testing Prototype Homes as Soon as Next Year

Airbnb announced Thursday that it will begin testing prototype homes as soon as next year to accommodate the needs of owners or occupants who rent and share living spaces. The new project, called Backyard, is "an initiative to prototype new ways that homes can be designed, built, and shared," the company said in a news release. Just as the company changed 61