Shiv Nadar, Sanjay Kalra line up $500 mn to buy IT firms

Last Updated: Monday, September 14, 2015, 15:41

The investment firm, Shiv Nadar & Sanjay Kalra Associates LLP (SNSK), will focus on healthcare technology investments.

Top 6 Sensex companies add Rs 26,346 cr in market cap

Last Updated: Sunday, September 13, 2015, 12:16

While RIL, HDFC, SBI, Infosys, HDFC Bank and ONGC saw gain in their market capitalisation or m-cap, TCS, ITC, Coal India and Sun Pharmaceutical -- together witnessed a plunge of Rs 14,766 crore in their valuation.

Call drops: DoT rings up owners of mobile firms

Last Updated: Thursday, September 10, 2015, 19:09

With the menace of call drops becoming acute, Department of Telecom rang up the owners of mobile firms including Sunil Mittal, Anil Ambani and Kumar Mangalam Birla to convey Prime Minister's concerns on the issue, asking them to take steps to check the problem.

Hamstrung by red tape, hospital operators buy their way into India

Last Updated: Thursday, September 10, 2015, 08:58

Expanding through acquisitions has increasingly become the tactic of choice for hospital operators seeking to speedily expand in India, where the demand for private healthcare is booming thanks to an overburdened public healthcare system.

Top 10 Sensex companies see Rs 84,209-cr erosion in M-cap

Last Updated: Sunday, September 6, 2015, 11:19

On a weekly basis, the Sensex lost 1,190.48 points, or 4.51 per cent, to 25,201.90. This is the fourth straight weekly plunge for the index.

Need to expand H-1B visas: USIBC

Last Updated: Monday, August 31, 2015, 09:51

This year the US Citizenship and Immigration Services (USCIS) received thousands of more applications than the number of H-1B visas it can grant, forcing it to decide on the successful applicants through a computerised draw of lots.

Sensex firms miss CSR threshold by 30%, only 7 firms comply

Last Updated: Sunday, August 30, 2015, 13:10

Collectively, the 30 Sensex companies are estimated to have spent about Rs 3,500 crore on CSR initiatives during the 2014-15 fiscal, when they were required to spend nearly Rs 5,000 crore on such activities under the new Companies Act.

Nine top-valued Sensex firms see Rs 93,000 crore M-cap erosion

Last Updated: Sunday, August 30, 2015, 11:15

State-run Coal India was the lone gainer, it saw its valuation jump by Rs 5,495.23 crore to Rs 2,25,746.86 crore in the week ended August 28.

Falling prices, not markets, the real headache for Chinese firms

Last Updated: Friday, August 28, 2015, 09:48

The dramatic collapse of China`s stock markets has shaken global investors, but for Chinese factory executives the real problem is a decline of another kind - the remorseless erosion of profits thanks to nearly four years of price deflation.

ECB faces inflation headache even as lending bounces

Last Updated: Thursday, August 27, 2015, 19:22

Lending to euro zone firms grew at the fastest pace since early 2012 last month but the European Central Bank may still come under pressure to ramp up its stimulus measures as falling oil prices and a slowdown in China curb inflation.

China to cut trade fees, support financial leasing firms

Last Updated: Wednesday, August 26, 2015, 17:44

China aims to stoke growth in its financial leasing sector by cutting red tape and waiving requirements for minimum registered capital, the cabinet said on Wednesday.

Don't distort tariff, pay aid directly to poor: NTPC to states

Last Updated: Wednesday, August 26, 2015, 16:08

Issuing bonds and writing off debt will not help power distribution firms, and states should use technology to provide direct subsidy to weaker sections without affecting tariff, NTPC Chairman Arup Roy Choudhury said today.