COMPANIES & SECTORS


Is the PR machinery the main beneficiary of such shows? As I write this in the first week of February, Auto-Expo 2014, at Greater NOIDA, started on a cold and grey morning with a two-day preview for media and other special invitees. There was the usual flurry of launches and media...

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Hitisha Jain 25 February 2014
According to Sharmila Bhide of Calsoft, entrepreneurship gives one the opportunity to make her own mark. Her 16-year old technology venture, which employs around 500 professionals, is a specialist in software product development services with niche expertise in storage, virtualization,...

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Moneylife Digital Team 25 February 2014
According to RIL, the continued tirade of baseless allegations being made by AAP against the company and its chief Mukesh Ambani appears to be instigated by vested interests Mukesh Ambani-led Reliance Industries Ltd (RIL) on Tuesday refuted allegations made by Aam Admi Party leader...

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Moneylife Digital Team 25 February 2014
Ranbaxy has voluntarily suspended all API shipments from its Toansa and Dewas. This follows suspension of API shipments from its Toansa plant by the US FDA Pharma company Ranbaxy Laboratories Ltd said it is examining the 'processes and controls' at all its active pharmaceutical...

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With corporates mandated to spend 2% of their net profit on CSR initiatives, can we expand use this into areas like foodgrain storage, adopting complete villages, helping railways in improving infrastructure etc., where it can make a huge impact? Thanks to the initiative taken by some...

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Moneylife Digital Team 24 February 2014
Nomura’s first cut calculations suggest that CERC’s final tariff regulations entail a potential 3%-4% dent (on the lower side for power sector) to its earnings forecast for Power Grid Corporation post FY14, says Nomura in a research note   The Central Electricity Regulatory Commission...

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Moneylife Digital Team 24 February 2014
SEBI bars Prayag lnfotech Hi-rise and its directors from soliciting money from the public as the company is alleged to engaged in fund mobilising activity through issue of redeemable preference shares Market regulator Securities and Exchange Board of India (SEBI) has barred Prayag...

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Moneylife Digital Team 24 February 2014
Nomura’s first cut calculations suggest that CERC’s final tariff regulations entail a potential 11%-13% dent to its earnings forecast for NTPC post FY14 For NTPC, the Central Electricity Regulatory Commission (CERC) issued the final tariff regulations for the period FY15-19 – these...

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Moneylife Digital Team 24 February 2014
In a positive for Gujarat State Petronet (GSPL), PNGRB has re-computed the transmission tariff for GSPL’s High Pressure network by 11% to Rs26.6/mmbtu, says Nomura in a research note The regulator Petroleum & Natural Gas Regulatory Board (PNGRB) has re-computed the transmission tariff...

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Moneylife Digital Team 24 February 2014
RBI approved IDFC’s resolution to decrease foreign investment limit to 52.50% from 54%, the maximum allowed for FIIs The Reserve Bank of India (RBI) approved a special resolution passed by shareholders of IDFC Ltd, to reduce investment limit to 52.5% from 54% for foreign institutional...

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United Bank’s CMD opted for VRS as the lender reported 194% jump in its NPAs for the December quarter. This also brings forward the opaque procedures and appointments of statutory auditors and independent directors followed by India Inc As if, the unprecedented rise of 194% in the...

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Hitisha Jain 24 February 2014
With full dedication, Pavithra YS of e-Vindhya InfoMedia, made her mark by creating job opportunities for people with disabilities for its operations in data management, data entry, processing and conversion Seven years ago, Pavithra YS started Vindhya e-InfoMedia in Bengaluru as a...

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Prof Anil Agashe 24 February 2014
Handholding of a new borrower increases business possibility for future. Banks can be strict as a lender at right time but should be ready to act as friend and guide of the borrower, when required I have always believed that banks need to do handholding, especially of those entrepreneurs...

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India must ensure taking the opportunity to push its export, targeting, particularly the Middle East, Africa and South Asia instead of resorting to ‘floor price’ ideas, which may not work all the time   According to the statistical data available, thanks to the timely monsoon, which...

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Konica Bhatt 20 February 2014
“It’s not as difficult as it looks. You should have the conviction as well as a lot of self-confidence to do business”, says Amrit Borkakoty of ‘Serenity: Blissful Living’, an interior styling boutique from Mumbai Amrit Borkakoty is the proud owner of 'Serenity: Blissful Living', a...

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Moneylife Digital Team 20 February 2014
After the purchase, promoter group holding in GlaxoSmithKline Pharmaceuticals will go up to 75% from the current 50.67% stake   The Indian government on Thursday cleared a foreign direct investment (FDI) proposal worth Rs6,400 crore of healthcare company GlaxoSmithKline to acquire...

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Hitisha Jain 19 February 2014
That is the advice of Shubhra Bharadwaj of Ferriswheel Entertainment, which has carved a niche for herself in a highly competitive event management industry In just five years after she started Ferriswheel, a Mumbai-based event management company, Shubhra Bharadwaj has managed several...

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Vishrut Patel 18 February 2014
The CLB directed Zenith Birla India to repay its fixed deposit holders with interest in eight weeks. Yash Birla Group’s financial transactions are also being probed by various investigative agencies The Company Law Board (CLB) has asked Zenith Birla (India) Ltd to pay the dues of 579...

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Moneylife Digital Team 17 February 2014
During the December quarter, Supreme Infrastructure posted 11% lower net profit due to higher costs even as its sales increased 10% Supreme Infrastructure India Ltd (Supreme Infrastructure), an engineering, procurement and construction (EPC) company, reported an 11% lower third quarter...

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Moneylife Digital Team 17 February 2014
Excise duty for small cars, scooters, motorcycles and commercial vehicles will come down to 8% from 12% while SUVs will attract excise duty of 24% as against 30% earlier Prices of automobiles, including cars, sports utility vehicles (SUVs) and two-wheelers, are set to come down with...

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