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India UPS inverter

UPS maker Luminous aims to double turnover to Rs 5,000 crore in 4-5 years

New Delhi-based Luminous has a market share of around 39 percent in UPS and 27 percent in inverter batteries segment in India. Jan 19, 2017
sony, sony pictures, ten sports, cci clears sony-ten sports deal, sports

CCI clears Sony Pictures-Ten Sports deal

Sony Pictures will be acquiring Zee-owned Ten Sports' stake for $385 million announced in September last year, after the go-ahead from CCI. Jan 19, 2017
Vijay Mallya

Vijay Mallya must repay Rs 6,203 crore with interest to SBI-led consortium of banks: Debt Recovery Tribunal

A consortium of 17 banks led by the country's largest public sector lender State Bank of India had approached the tribunal seeking instructions to Vijay Mallya to repay the loan Jan 19, 2017
IT dept recovers old currency

Disclosure of property, jewelry and overseas account holdings not allowed in PMGKY tax amnesty scheme

The Central Board of Direct Taxes said only unaccounted domestic cash holding can be declared through the scheme. Jan 19, 2017
dangal, pvr, multiplexes, indian economy, demonetisation, indian films, dangal box office collection

PVR stock gains 5% in 2 days; Warburg Pincus picks up 14% stake sale in multiplex

PE firm Warburg Pincus pays Rs 820 crore for the stake in multiplex operator PVR. Jan 19, 2017
icici prudential share price, icici bank share price, listing of psu insurance companies, insurance in india, sbi life insurance stake sale

ICICI Prudential Life shares hit 52-week high on Modi Govt approving listing of PSU insurance firms

ICICI Bank subsidiary ICICI Prudential Life Insurance shares rally on Thursday in response to stake sale in state-owned insurance companies. Jan 19, 2017
Jio users' reliance on Wi-Fi is lowest across globe

Reliance Jio to soon launch automobile telematics device that will track vehicle's movement

Jio is also working on a new tariff plan that will be valid till June 30 and would provide data at a nominal Rs 100, combined with free voice calls. Jan 19, 2017
cyrus mistry ratan tata group companies tata steel ihcl quits resigns removal tata sons tcs

NCLT rejects Cyrus Mistry's contempt plea against Tata Sons

The NCLT division bench has given Mistry family firms liberty to file affidavit three days from the date of the EGM. Jan 19, 2017
rbl bank, rbl bank q3 results, bank stocks, bse sensex, nse nifty

Watch videos on stock market investment ideas by Dynamic Levels

Dynamic Levels is a brokerage firm. Jan 18, 2017
India commercial vehicle market

India CV industry outlook FY2017: Pre-buying ahead of BS-IV emission norms to partially offset slump after note ban

Across the CV industry, medium and heavy commercial vehicle (M&HCV) segment is likely to register a marginal growth of 0-2 percent in FY2017 impacted by demonetisation. Jan 18, 2017
Real estate sector

Real Estate in Union budget 2017: 5 expectations that govt should address this financial year

Here are five expectations of the real estate sector that need to be addressed in the union budget 2017-18. Jan 18, 2017
India insurance

Cabinet clears public listing of 5 state-run general insurance companies

New India Assurance Co, United India Insurance, Oriental Insurance, National Insurance Company and General Insurance Corp would be publicly listed. Jan 18, 2017
budget 2017, halwa ceremony, fm arun jaitley, pm modi, india news, assembly elections

Budget 2017 printing could start by Sunday this week with halwa ceremony

Budget 2017: The next budget will also be a full-fledged document but in 2019, it will be vote-on-account. Jan 18, 2017
India mobile

Videocon to exit spectrum-oriented businesses by shutting down services in Punjab from Feb 15

Punjab was the only telecom circle where Videocon was still in operation after the telco sold its spectrum to Bharti Airtel for Rs 4,428 crore last year. Jan 18, 2017
Lufthansa flight cancellations

Sources deny Lufthansa-Etihad stake deal: Report

69 percent of Germany-based Lufthansa is owned by German investors, 13 percent by US investors and 9 percent by other nationalities. Jan 18, 2017
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