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  Current Headlines  |  Most Read  |  Archives 
  Catch the 'war of barbecue chefs' at Barbecue Nation (17 May 07:40)
Prosenjit Roy Choudhry of Barbeque Nation said he plans to increase the number of outlets in India, He said that barbeque is a cuisine, which is practiced in different format across the worl...
  Mango Mania in US (17 May 07:35)
India is the world's largest producer of mangoes and the US is the world's largest importer of the fruit. But until last year, no bilateral trade had been allowed in mangoes for nearly two...
  Forex derivatives now in focus for FEMA violations (17 May 07:11)
Forex derivative products are now under investigation, not from shareholders, but from the enforcement Directorate for possible FEMA violation.
  India ready for digital information: Google (17 May 06:58)
Shailesh Rao that Google is young company. They have been around only for 8 or 9 years. He said that India is a culture that’s always has been focused on education. Rao added that India is ...
  Sunfeast 10km: Bangalore on the run (17 May 06:38)
Bangaloreans are now getting ready to sprint into action for the Sunfeast 10 Km run this Sunday. And it was found that most people who have signed up for this is an excuse to get back in sha...
  How public are India’s Public Listed Companies? (17 May 06:22)
Who is the public in a Public Listed Company? The answer to that question will impact every single of the 5,000 odd listed companies in India because under SEBI’s continuous listing require...
  OMCs to face double whammy (17 May 05:43)
Oil marketing companies already under a cash crunch face further squeeze, and that is because the Finance Ministry has pared the under recoveries to just Rs70579 cr down from the earlier est...
  HSBC to acquire 73.21% stake in ILFS Investmart (17 May 05:28)
HSBC plans to make an acquisition through its group subsidiaries, HSBC Securities and Capital Markets (India). It will acquire 73.21% stake in ILFS Investmart at Rs 200 per share for USD 241...
  Are legal hassles holding back PE funds in India? (17 May 05:16)
Cyril Shorff, Amarchand Mangaldas, Rajiv Sahney, NV Advisory Services and Avnish Bajaj, Matrix Capital Partners spoke to CNBCTV18. One of the prime issues of concern is of Governance Rights ...
  Mercedes, JCB India fill in excise revenue shortfall (17 May 02:00)
Excise realisations from the big two Tata Motors and Bajaj Auto in the Pimpri Chinchwad industrial region dropped considerably during 200708 compared to the previous fiscal, but newer play...
  Ceat setting up greenfield radial facility in Gujarat (17 May 01:49)
Ceat Ltd has decided to set up its proposed Rs 500600 crore greenfield radial facility in Gujarat. According to sources close to the State government, the company has recently filed an appli...
  VolvoEM tieup ambit may be wider than truck distribution (17 May 01:40)
The proposed joint venture between AB Volvo and Eicher Motors might turn out to be a much closer alliance than its current stated purpose of only having a truck distribution and aftersales n...
  EU emission norms could slap JLR with huge fines (17 May 02:30)
The new EU emission norms could hit JLR with huge emissions fines, reports CNBCTV18 quoting the Birmingham Post. It also said that JLR may face "devastating" fines of up to £17,000 per ca...
  B'lore corporate bigwigs miffed with BIAL (17 May 02:20)
Bangalore's corporate bigwigs are not happy with the Civil Aviation Ministry's decision to close down HAL Airport when the new Bengaluru International Airport is opened on May 23. They say...
  BandraWorli Sea Link to cost Rs 1,640cr vs Rs 480cr (17 May 02:03)
The estimated cost of Mumbai's muchawaited BandraWorli Sea Link is Rs 1,640 crore versus the original budget of Rs 480 crore. The Maharashtra government has found a novel way to manage the ...
  BandraWorli sea link to cost Rs 1,640 cr (17 May 02:03)
The estimated cost of Mumbai's muchawaited BandraWorli Sea Link is Rs 1,640 crore versus the original budget of Rs 480 crore. The Maharashtra government has found a novel way to manage the ...
  Taxmen rap BCCI; IPL players see red (17 May 01:55)
Foreign players participating in the IPL may soon find a higher amount being deducted in the form of taxes because the IT department has sent a notice to BCCI asking for copies of all agreem...
  Applied to RBI for NBFC licence: Federal Bk (17 May 12:03)
The management of Federal Bank said they have applied to RBI for an NBFC licence, reports CNBCTV18 quoting Newswire 18. It will do retail business via the proposed NBFC. It is looking to buy...
  Stl Min tells major cos to submit export data: Srcs (16 May 11:57)
CNBCTV18 has learnt from sources that the Steel Ministry has told major steel companies to submit export data. SAIL, Tata Steel, Essar, Jindal, Ispat and RINL will submit the data by next we...
  Budget hotels get pricey (16 May 11:52)
The nofrill travel experience may actually not fit into your budget aymore. a few weeks ago, it was low cost airlines that raised prices on the back of rising fuel costs.
  Realtor lobby aspires for place in Vidhan Sodha (16 May 11:09)
Over the last few years, B'lore has become concentrated in the hands of a few and the worrying factor is that the landlords are now looking to become policymakers. Every political party in ...
  NIIT Tech to revamp biz model (16 May 09:51)
Arvind Thakur, CEO, NIIT Technologies said they need to alter their business model to address the global challenges. He added that the order intake has been increasing steadily in each quart...
  LT may hike contract rates if cost pressures continue (16 May 06:38)
YM Deosthalee, CFO, LT, said the company may look at increasing contract rates if cost pressures continue. He told CNBCTV18 that he does not see steel and cement prices rising further. Accor...
  HCC shifting to EPC projects biz from civil contracts (16 May 04:41)
Praveen Sood, CFO of HCC informed that they have received a part of their Rs 157 crore claim of the BandraWorli Sealink project. He said that their company’s shift is towards EPC (engineeri...
  HSBC may buy 44% of E*trade stake in Investsmart (16 May 02:43)
HSBC is likely to pick up 43.85% of E*Trade's stake in Investsmart reports CNBCTV18 quoting sources. HSBC said it does not wish to comment on market rumours.
  Icahn pushes for YahooMS deal (16 May 02:22)
Financier Carl Icahn has launched a proxy battle to force Yahoo to reopen buyout talks with Microsoft, saying the Yahoo board acted "irrationally" in refusing Microsoft's USD 47.5 dollar ...
  Govt sees cement prices stabilising at Rs 200 a bag (16 May 02:11)
The Government is expecting cement prices to settle down in the region of Rs 200 for a 50kg bag within the next few days with a standard market fluctuation of approximately 10 per cent acros...
  Nokia’s key suppliers to start ops near Chennai soon (16 May 02:08)
Nokia’s two key suppliers Aspocomp and Wintek are likely to start operations within three months in the Nokia Telecom Park at Sriperumbudur, 45 km west off Chennai. Then, the Finnish tele...
  Ready mix concrete biz becoming attractive (16 May 02:04)
The ready mix concrete (RMC) business is considered an emerging business opportunity for large players in the construction and cement sectors who are bound to invest in this area in the comi...
  RenaultBajaj discussions on LCV at a nascent stage (16 May 01:59)
Renault’s series of engagements in the domestic market has led to its discussions for an alliance with Bajaj Auto for the light commercial vehicles (LCV) segment remaining at a nascent stag...
  BASF raising its stake in Indian subsidiary to 75% (16 May 01:57)
German chemicals major BASF SE is set to increase stake in its Indian arm up to 75 per cent, a move that would give it more freedom to invest and expand its businesses in the country.
  XBox flops, Microsoft winds up ops in several cities (16 May 02:27)
It seems to be troubled days for Microsoft's XBox as it seems the company is now winding up operations in several cities. Trouble seems to be brewing over the performance of Microsoft's mu...
  LIC sees paltry 0.2% sales growth in FY08 (16 May 02:18)
India's biggest insurance player, LIC has registered a dramatic decline in sales growth due to which the entire insurance sector has taken a hit. After witnessing an exceptionally high grow...
  It's time to buy your dream house in B'lore! (16 May 12:31)
If you are waiting for property prices to drop in bangalore before you buy your dream home, don't hold your breath any longer, this could possibly be the best time to buy a house.
  Anant Raj Inds expects a lot of rental income by end of Q2 (15 May 11:21)
Amit Sarin, Director of Anant Raj Industries says that there is not been any cooling off in Delhi or in NCR region in rentals. Rentals in Delhi are quite stable and in certain areas they are...
  Landbank at 982 acres: Anant Raj Ind (15 May 11:21)
Amit Sarin, Director of Anant Raj Industries says that there is not been any cooling off in Delhi or in NCR region in rentals. Rentals in Delhi are quite stable and in certain areas they are...
  We don’t agree with Upaid's allegation at all: Satyam (15 May 10:54)
Srinivas Vadlamani, CFO of Satyam said that from their point of view, they have delivered whatever is required to be done. "Absolutely we don’t agree with their (Upaid) allegation at all, ...
  Honda bets big on Indian mkt; to produce 6 new models (15 May 10:52)
The average lifecycle of a car is increasing in Japan while it's shrinking here. and that's why Japan's second largest carmaker Honda is planning an onslaught of models after its second p...
  SatyamUpaid imbroglio: What's in store? (15 May 09:08)
UPAID had developed the idea of converting any telephone into a de facto payphone by using a prepaid account and a caller personal identification number. The projet for software development ...
  MTN board clears talks exclusively with Bharti: Srcs (15 May 08:39)
CNBCTV18 has learnt from sources that the MTN board has cleared talks exclusively with Bharti. Sources added that there is no stress on the exclusivity agreement.
  FCCB conversion: Threat to India Incs' fund raising plans? (15 May 08:20)
Wockhardt, Subex and Orchid can be forced to take on some big loans in the next 18 to 28 months because their FCCBs are due for conversion. S Ramesh, ED, Kotak Investment Bank believes some ...
  SC asks sugar mills to pay Rs 110/100 kg cane in FY08 (15 May 08:04)
The Supreme Court has asked the Uttar Pradesh Sugar Mills Association to clear FY08 arrears in four weeks, reports CNBCTV18, quoting Newswire18. The court has asked sugar mills to pay Rs 110...
  Citigroup not downsizing in India (15 May 07:14)
Sanjay Nayar, CEO, Citi India has said that they are not looking at selling Citi Financial, reports CNBCTV18. They are not looking at selling any noncore assets in India, he said. Citigroup ...
  Merck to pay over $100 m for each drug: Ranbaxy (15 May 04:43)
Malvinder Singh, MD and CEO of Ranbaxy Labs said the Merck deal has a milestone payment of over USD 100 million for each molecule. The royalty gained from the Merck deal could be in doubledi...
  Merck alliance can give royalties in double digits: Ranbaxy (15 May 04:43)
Malvinder Singh, MD and CEO of Ranbaxy Labs said the Merck deal has a milestone payment of over USD 100 million for each molecule. The royalty gained from the Merck deal could be in doubledi...
  Merck to pay over $100 m for each molecule: Ranbaxy (15 May 04:43)
Malvinder Singh, MD and CEO of Ranbaxy Labs said the Merck deal has a milestone payment of over USD 100 million for each molecule. The royalty gained from the Merck deal could be in doubledi...
  Exiting concrete biz completely as it's not core: LT (15 May 04:11)
Lafarge has bought LT's concrete unit for USD 349 million. YM Deosthalee, CFO said they sold the concrete business at an EV of Rs 1,480 crore. LT is exiting the concrete business as it is n...
  US economy not affecting Arcelor Mittal (15 May 03:20)
Arcelor Mittal has again delivered a strong set of numbers for this quarter. The company’s CFO, Aditya Mittal said, “We are seeing industrialisation occurring in Russia, China India and Br...
  Syndicate Bank to contain bulk deposits this year (15 May 02:18)
Syndicate Bank repriced its bulk deposits, shaving off as much as 2 per cent of the interest in the current financial year (200809).
  Vodafone Essar seeks FIPB nod for investment in tower co (15 May 02:10)
Vodafone Essar Ltd has sought Foreign Investment Promotion Board (FIPB’s) approval for investment in Vodafone Essar Infrastructure Pvt Ltd (VEIPL), its proposed wholly owned subsidiary to p...
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