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cement sector, cement update, top picks, dalmia cement, MOSL research, shree cement, ramco cement

CCI fines cement companies Rs 205 crore for cartelisation in Haryana

Shree Cement, UltraTech Cement, Jaiprakash Associates, JK Cement, Ambuja Cements, ACC and JK Lakshmi Cement have been fined for bid-rigging. Jan 20, 2017
Flipkart

Flipkart once again rated most trusted e-commerce brand ahead of Amazon and Snapdeal

Flipkart ranked number one on product selection, customer support, ease of return, refund and reverse pick up speed in a consumer study. Jan 20, 2017
patanjali ayurved, patanjali products, baba ramdev, patanjali icra rating, patanjali ayurved, patanjali food park

Patanjali Ayurved in Pakistan? Why not, asks Baba Ramdev

Baba Ramdev says Patanjali Ayurved's ventures in poor countries like Pakistan would be a win-win situation for India. Jan 20, 2017
Global defense sector outlook

Countries rushing to amass fighter jets will fire global defense sector growth in 2017-18

The global Aerospace and Defense sector is likely to grow at 2 percent in 2017, driven primarily by a 3.2 percent revenue growth in the defense sector, a Deloitte report says. Jan 20, 2017
infosys, ai replacing jobs, hiring at infosys, infosys ceo vishal sikka, it jobs, attrition at infosys, tcs hiring, wipro hiring

Infosys CEO Vishal Sikka, HR head Shankar make tough comments on jobs, hiring; AI is a big challenge

Artificial intelligence poses a threat to IT jobs, says CEO Vishal Sikka, while Infosys HR head Shankar talks of 'releasing' employees. Jan 20, 2017
Alibaba's Jack Ma and Donald Trump

Alibaba's Jack Ma says US wasted trillions on warfare and still blames others for loss of jobs

Alibaba's Jack Ma said the US has no one but itself to blame for its economic woes and much of the problem is rooted in wasteful spending on warfare. Jan 20, 2017
Motherson Sumi Systems plant

Motherson Sumi to acquire Finnish truck wire maker PKC for $609 million

MSSL has offered 23.55 euros per PKC share, representing a 51 percent premium to PKC's closing price on Thursday. Jan 20, 2017
Western Union money transfer

Western Union slapped with $586 million penalty over money transfer fraud

Western Union admitted to criminal violations and failing to maintain an effective anti-money laundering program and aiding wire fraud. Jan 20, 2017
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
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
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
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
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