Page 449 - Specials News

Newsmaker: Jyotiprasad Taparia

With the country's growing population seeking new options, he was convinced contraceptives could be any drug manufacturer's dream

Emami hopes for fair growth with buying spree

Defying slowdown, it has made three acquisitions in the past six months with the aim of becoming a Rs 5,000-crore company in five years

Telangana govt raises fuel taxes

The state government has raised the tax rate to 35.20% on petrol and 27% on diesel

Credit plan of TN for FY16 pegged at Rs 1,44,436 cr: NABARD

Building cash capital and creating infrastructure should be given thrust: State Government

Reinsurance backup aids general insurers cut risk

Despite facing natural calamities in quick succession in the current year, the general insurance companies are not expected to be overly burdened by the premium loss as they all have reinsurance backu

HAL bags Rs 1,090 cr defence contract

Chairman T Suvarna Raju says contract includes six reserve engines, one flight simulator and associated equipment

Karnataka BJP members stage walkout over ban on Togadia

Party leaders enter the well of the House shouting slogans against the government, calling it 'dictatorial' and 'undemocratic'

Karnataka seeks Rs 7,010 crore Central aid for ITIR

Total cost of the project is estimated at Rs 14,200 cr and will be developed in two phases near the international airport

General Atlantic plans to exit IBS Software through US listing

General Atlantic made one of the largest exits in 2014 after selling half its stake in IndusInd Bank for $125 mn

Fidelity India invests $10 mn in Greenlight

The company has sold over 3 million of its Sun King solar light and energy devices to off-grid homes in 30 countries

VCs' new mantra: Catch 'em young

Venture Capital firms are trying to invest very early in start-ups as competition increases to get in at the seed-stage

A Snapshot of PE activity & deals in January

The top five deals this month accounted for 80% of the total investment in terms of deal value

Indian Bank stems asset quality deterioration

Focus on recovery, cautious lending help improve health of assets

Cloud telephony start-up Exotel acquires voice recognition platform Croak.it

Acquisition to help Exotel strengthen its current offerings

Kerala offers to be partner for Nilambur-Nanjangode rail

Vizag co-op bank targets Rs 7500 crore business

The bank will open 15 more branches across AP and Telangana over the next three to four years

Package to boost API manufacturing soon

The dependence on imports of APIs and intermediates had grown substantially in one of the major challenges facing the country

SunEdison, Brakes India ink SPV for 8-Mw solar plant

In a way, it is also launch of new business using solar for open access

Tata group keen to take part in Telangana projects

The projects include setting up a water grid, and incubation hub, industrial corridors, smart city, solar power park etc

Maxx Moblink looks to maintain edge in feature phone sales

Ratio of feature phones to smartphone sales for the company stands at 80:20 with a bag of 25 feature phone models and 15 smartphones