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15 October, 2018 10:50 AM One-third of Tata Capital's business will originate from Tata group firms, says Rajiv Sabharwal

In an exclusive conversation with CNBC-TV18, CEO Sabharwal said that consolidation in the financial services business would happen at the holding company level, ruling out consolidation among the housing, NBFC, leasing and other subsidiaries. Rajiv Sabharwal, the managing director and CEO of Tata Capital, believes that a third of company's business will originate 43

13 October, 2018 6:34 AM Buy Equitas Holdings, Ujjivan Financial Services: Chhitij Jain

a) To extend 75 percent of its Adjusted Net Bank Credit (ANBC) to the sectors eligible for classification as priority sector lending (PSL) b) At least 50 percent of its loan portfolio should constitute loans and advances of up to Rs 25 lakh. Both stocks are expected to "nail it" owing to strong demand from rural penetration. Equitas has already made its secure 45

12 October, 2018 10:06 AM ArcelorMittal signs pact to sell 4 European steel plants to Liberty House

Steel and mining major ArcelorMittal on Friday said it has entered into a pact to sell four of its European steel plants to Liberty House. The four assets are part of a divestment package that ArcelorMittal agreed with the European Commission (EU) related to its acquisition of Ilva SpA (Ilva), it said. In a statement ArcelorMittal said it "has received 59

8 October, 2018 8:30 AM Gujarat migrant labour tussle: Infrastructure, construction sector to be hit

Infrastructure and construction companies in Gujarat could face manpower shortage in the short-term after thousands of migrant labourers left the state fearing retaliatory attacks. The attacks come after a toddler was allegedly raped by a Bihari migrant last week. Thousands of workers from Uttar Pradesh, Bihar, Madhya Pradesh and West Bengal are said to have left the state 63

7 October, 2018 3:27 PM Nearly 10,000 Cars To Get Parking Space In Noida By March-End: Official

The work on five major parking spaces is underway in Noida and will be completed by March 31 next year, offering space to park nearly 10,000 cars in the city, an official document said. These parking spaces are coming up in sectors 3, 5, 1, 38A and 16A Film City, and would cost an estimated Rs. 810.79 crore. Four of these would be underground, including 49

5 October, 2018 3:14 PM Delhi, Moscow Sign Twin City Agreements For Tourism And Education

The Delhi government on Friday signed a twin city agreement with Moscow administration for cooperation in various sectors including education, tourism, transport and environment. Delhi's Deputy Chief Minister Manish Sisodia and Moscow government minister Sergey Cheremin signed the agreement for working together in the education, culture, healthcare 49

5 October, 2018 1:09 PM Reliance Health Insurance gets final nod from Irdai to start ops

New Delhi: Anil Ambani-led Reliance Health Insurance, a wholly owned subsidiary of Reliance Capital, has received final approval from the insurance regulator to start operations. The company plans to commence operations by the December quarter of 2018. In a regulatory filing on Friday, Reliance Capital said Reliance Health Insurance "has received R3 approval 49

1 October, 2018 11:38 AM Tata Motors sales grow 20% YoY in September

Wholesale sales of truck and car maker Tata Motors grew 20 percent to 64,520 units in September led by a continued surge in commercial vehicle volumes even as passenger vehicle sales lost some steam. The company said its domestic commercial vehicle sales surged 26 percent to 46,169 as against 36,678 units. The medium and heavy commercial vehicle (MHCV) 51

1 October, 2018 9:20 AM India, Uzbekistan Ink 17 Agreements For Cooperation In Various Sectors

India and Uzbekistan inked 17 agreements on Monday, including for visa free travel for diplomatic passport holders and cooperation in the fields of tourism, national security, training of diplomats and trafficking. Prime Minister Narendra Modi and Uzbekistan's President Shavkat Mirziyoyev held delegation level talks and agreed to collaborate with each other 75

28 September, 2018 12:52 PM Noida Authority removes illegal structures along city roads

Noida: The Noida Authority on Friday carried out an anti-encroachment drive in the city to remove illegal structures along roads, officials said. The development comes a day after Uttar Pradesh Industrial Development Minister Satish Mahan visited Noida to review development projects, including those related to roads and traffic. The anti-encroachment 56