Business news

kotak mahindra bank kotak mf uday kotak schemes debt equity investors lti facility

Kotak Mutual Fund launches monthly redemption facility for investors

Investors can redeem 0.75 percent of their investments at the prevailing Net Asset Value (NAV) on a monthly basis.

Jun 30, 2016

Sensex gains 259 points to close at new 2016 high, find out why

The Sensex gained 259 points to close at 26,999.72 points on Thursday, marking a new 2016 high on a slew of global and domestic factors.

Jun 30, 2016

Visa countersues Wal-Mart in debit card PIN vs signature case

The lawsuit comes about a month after Wal-Mart had sued Visa saying the payments network operator was resisting the use of personal identification numbers.

Jun 30, 2016

Supply chain distribution, inventory liquidation are the biggest challenges in Indian market, says Clovia CEO

Two years after founding Clovia, founder and CEO Pankaj Vermani shares many insights on the Indian market and its challenges.

Jun 29, 2016

Cisco's CloudLock acquisition to strengthen its security portfolio

Cisco hopes to scale up its security architecture for a range of products in its portfolio while marketing each product separately.

Jun 29, 2016

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Bosch shares rise 5% on buyback plan

Bosch informed the BSE that it will consider a proposal to buy back shares at its board meeting on July 11.

Jun 29, 2016

l&t infotech larsen toubro job offers withdraws offer letters jobs recruitment campus

L&T Infotech IPO: Things to know about the public issue that opens on July 11

L&T Infotech, in which Larsen & Toubro holds about 95% stake, reported a net profit of Rs. 769 crore in 2014-15.

Jun 29, 2016

Bombay Stock Exchange building bse sensex shares stocks realty pay commission

Realty index outperforms Sensex, Nifty; DLF, Unitech, HDIL, Sobha rise sharply

DLF, Unitech, HDIL and Sobha shares rose 3 to 8.5 percent on Wednesday, apparently in response to pay commission news.

Jun 29, 2016

quess ipo bombay stock exchange bse shares stocks sensex public issue shares

Quess Corp IPO: Thomas Cook subsidiary allocates 5.6 million shares to anchor investors

Fifteen anchor (institutional) investors have been allocated 5.6 million shares @ Rs. 317 per share by Quess Corp.

Jun 29, 2016

IKEA recalls 36 million units of furniture in US, Canada after death of 6 children

In separate incidents, the children were killed when unsecured IKEA furniture toppled over them.

Jun 29, 2016

Axis Bank enters urban microfinance sector

Under its Axis Sahyog initiative, the bank will provide collateral free credit to low income women groups in urban areas.

Jun 28, 2016

mahindra partners San Francisco SCOOT NETWORKS TRANSPORTATION SOLUTIONS

Mahindra Partners invests in San Francisco-based scooter sharing company Scoot Networks

Scoot Networks provides electric scooters on rental basis and recently bought 500 such vehicles from Mahindra.

Jun 28, 2016

bank credit, rbi, demonetisation, india slowdown, economy, urjit patel, pm modi

Stressed loans at Indian banks may rise to 8.5% by March 2017, warns RBI

Under a severe stress situation, total bad loans could rise to 9.3 percent in March 2017, the RBI said in its Financial Stability Report.

Jun 28, 2016

siemens power projects pgcil power grid share price electricity

Siemens wins STATCOM contract from Power Grid Corporation, shares rise 3%

The Indian arm of Munich-based Siemens AG will be installing STATCOM projects worth Rs. 570 crore for Power Grid Corporation.

Jun 28, 2016

appointments imc president Deepak Premnarayen

Deepak Premnarayen is new president of Indian Merchants' Chamber

Deepak Premnarayen is the executive chairman and founder of the ICS Group.

Jun 28, 2016

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