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MF News

Idea Cellular likely to widen net loss to Rs 1,292 crore in December quarter The earnings before interest tax depreciation and amortization is expected to fall by 18 percent sequentially to Rs 1,221 crore for the December quarter compared to Rs 1,501 crore reported in the September quarter.
Tue, 23 Jan 2018 23:02:30 +0530


InterGlobe Aviation likely to report 33% YoY growth in net profit in Q3 The earnings before interest tax depreciation and amortization is expected to rise by 50 percent YoY to Rs 939 crore for the quarter ended December 2017 compared to Rs 624 crore reported in the year-ago period.
Tue, 23 Jan 2018 22:57:29 +0530


Bullet train project should complete by 2023: Japanese Consul Ryoji Noda was in the city to present the #39;Order of the Rising Sun#39;, conferred by the Emperor of Japan, to city-based tax consultant Mukesh Patel, who is the president of Indo-Japan Friendship Association.
Tue, 23 Jan 2018 22:47:40 +0530


ONGC ties up 18k cr loan from 3 banks for buying HPCL State-owned Oil and Natural Gas Corp (ONGC) today said it has tied-up over Rs 18,000 crore loan from three banks to part finance its Rs 36,915 crore acquisition of Hindustan Petroleum Corp Ltd (HPCL).
Tue, 23 Jan 2018 22:37:35 +0530


IOB joins hands with NHB for implementation of rural housing subsidy scheme The interest subsidy under the scheme is at 3 percent per annum for a loan amount of Rs 2 lakh with repayment period up to 20 years.
Tue, 23 Jan 2018 22:28:01 +0530


Lava to invest Rs 250 crore on mobile designing by 2021 Home-grown mobile handset maker Lava International has plans to invest Rs 250 crore by 2021 on designing of devices in the country and building a capacity to manufacture 1.2 crore handsets a month.
Tue, 23 Jan 2018 22:20:34 +0530


Japanese firms should consider taking up smart cities projects in India: Puri India offers investment opportunities in projects ranging from renewable energy, waste to energy, electronic hardware, life sciences and mega infrastructure projects.
Tue, 23 Jan 2018 22:14:19 +0530


ICJ fixes time-limits for India, Pak in Kulbhushan Jadhav case Jadhav, 47, was sentenced to death by a Pakistani military court on charges of espionage and terrorism in April, following which India moved The Hague-based ICJ in May.
Tue, 23 Jan 2018 22:07:35 +0530


Here’s what titans of India Inc make of PM Modi’s speech at Davos 2018 Watch a panel discussion with CNBC-TV18#39;s Shereen Bhan from the sidelines of World Economic Forum (WEF) at Davos 2018, in which the panellists shared their views on Prime Minister Narendra Modi#39;s speech, their expectations from Budget 2018 and their outlook on Indian economy.
Tue, 23 Jan 2018 22:04:32 +0530


We must stop trying to define women and allow them to define themselves: Shahrukh Khan We must stop trying to define women and allow them to define themselves. That#39;s the word coming in from the Baadshah of Bollywood, Shahrukh Khan. He was given the Crystal Award at the World Economic Forum in Davos last night for his contribution to the rehabilitation of acid attack victims. Hear out a slice of his chat with CNBC#39;s Tani Bryer.
Tue, 23 Jan 2018 22:00:39 +0530


Twitter COO Anthony Noto resigns to join online lender SoFi The microblogging site said on Tuesday that Noto#39;s role of leading its business and revenue generating operations would be taken over by other members from its leadership team.
Tue, 23 Jan 2018 21:38:04 +0530


Syngene Q3 net profit up 11% at Rs 82 crore Biocon#39;s contract research arm Syngene International today posted 10.81 per cent increase in its net profit at Rs 82 crore for the third quarter ended December 2017.
Tue, 23 Jan 2018 21:36:44 +0530


World Economic Forum, Reliance Industries to set up Center for Fourth Industrial Revolution The World Economic Forum and Reliance Industries will set up a Center for the Fourth Industrial Revolution in Mumbai, the Indian firm said today.
Tue, 23 Jan 2018 21:30:37 +0530


Bajaj Auto launches 2018 version of Avenger range Both the 220 cc models get all-new LED DRL (daytime running lights) headlamps, visors, digital consoles and graphics, Bajaj Auto said in a statement.
Tue, 23 Jan 2018 21:28:35 +0530


PNB Housing Fin Q3 profit rises 58% to Rs 217 cr The company had posted a net profit of Rs 138 crore during the same period of the previous fiscal, PNB Housing Finance said in a statement.
Tue, 23 Jan 2018 21:09:35 +0530

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