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17 October, 2018 1:41 PM Hathway to raise Rs 2,940 crore via preferential allotment to Reliance Jio

Hathway Cable, on Wednesday, announced raising funds to the tune of Rs 2,940 crore through preferential allotment to Reliance Jio. The company told stock exchanges that the money was being raised by creating, offering, issuing and allotting, in one or more tranches, 90.88 crore preferential shares. This is at an issue price of Rs 32.35 per equity share 39

17 October, 2018 11:04 AM ABB bags Rs 115 cr order from Indian Railways

Swiss power major ABBÂ on Wednesday said it has won an order worth Rs 115 crore from Indian Railways to supply traction transformers. The contract has been awarded by Diesel Locomotive Works, Varanasi, ABB said in a statement. These transformers are customized for the WAP-7 type electric locomotive. The 6,000 horsepower capacity locomotive is capable 42

16 October, 2018 5:04 PM Essel group sells four transmission projects to Sekura Energy for Rs 6,000 cr

Edelweiss Infrastructure fund- backed Sekura Energy signed an agreement to acquire two operating and two under-construction power transmission assets from Essel Infraprojects, for an enterprise valuation of Rs 6,000 crore, the companies said in a joint statement. While the operational projects are Darbhanga-Motihari Transmission and NRSS XXXI (B) Transmission 41

16 October, 2018 3:31 PM IL&FS faces more embarrassment as Ind-Ra downgrades MF schemes

Crippled IL&FS group faced more embarrassments after India Ratings downgraded its various mutual fund schemes and placed them on a rating watch negative (RWN) on October 16. The agency downgraded three series-1, three series- 2 and two series -3 mutual fund schemes of the group, "due to the deterioration in the underlying portfolio quality of the schemes 42

16 October, 2018 7:05 AM D-Street Buzz: PSU bank continue to gain led by BoB; pharma, FMCG stocks drag

The benchmark indices are trading higher but off day's high in the Tuesday afternoon With Sensex gained over 200 points, while Nifty trading above 10,550 mark. Among the sector barring pharma and FMCG all other sectoral indices are trading with up to 1.5 percent gain led by Nifty PSU banks. In the FMCG pack United Spirits, ITC, United Breweries, Tata Global 29

15 October, 2018 6:44 PM Ram Vilas Paswan Appoints Ex-Congress Leader As Uttar Pradesh Party Chief

Ram Vilas Paswan said Manishankar Pandey's presence in Lok Janshakti Party would strengthen party in Uttar Pradesh. Union minister and Lok Janshakti Party (LJP) president Ram Vilas Paswan today appointed Manishankar Pandey, who had quit the Congress recently, as his party's Uttar Pradesh president. Welcoming Mr Pandey, who also joined the LJP today 39

15 October, 2018 4:37 PM Arvind Kejriwal challenges Centre to show him Rafale deal file

Delhi Chief Minister Arvind Kejriwal challenged the BJP-ruled Centre to show him the file of the Rafale deal, in return of his government's 400 files checked by a central committee. "I just need to be shown four files, including the one on the Rafale deal, for four days. I will send (them) to jail for life," the Aam Aadmi Party (AAP) chief said at the launch 54

15 October, 2018 4:06 PM Koffee With Karan 6: Aamir Khan And Karan Johar Indulge In 'Crazy Banter,' Malaika Arora Judges Rapid Fire

"Malaika Arora was the master and the judge of that round," wrote Karan Johar Can you guess who is the latest addition to the guest line-up of this season's Koffee With Karan? Well, It is none other than Aamir Khan. The 53-year-old actor, who made an appearance with his Dangal co-stars Sanya Malhotra and Fatima Sana Shaikh in the last season, will be arriving 40

15 October, 2018 2:33 PM Not Surprised By MK Akbar's Move, Say Women Activists

One of the activists, Vani Subramanian, said MJ Akbar was "not the first man to not accept his mistakes" and won't be the last Several women rights activists today said they were not surprised by Union Minister MJ Akbar's decision to go to court against a journalist who has accused him of sex harassment. One of the activists, Vani Subramanian, said Mr Akbar 64

15 October, 2018 10:37 AM Xperia XZ1, Xperia XZ Premium, and Other Sony Phones Get Price Cuts in India

Half a dozen smartphones in Sony’s Xperia lineup are getting a permanent price cut in the Indian market just in time for the Diwali festive season. The Sony Xperia R1, Xperia R1 Plus, Xperia XA1, Xperia XA1 Plus, Xperia XZ1, and Xperia XZ Premium are part of this price cut that sees a maximum price reduction of Rs. 10,000 on the top-end Sony Xperia XZ1 and the Xperia 111