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Railways allocates Rs 68 core for installing CCTV cameras
24 Oct 2016 at 9:42am
The Madras High Court was on Monday informed by Railway Police that Rs 67.94 crore under Nirbhaya Fund would be utilised for installing CCTV cameras at various stations under the jurisdiction of Southern Railway.

Vodafone to offer customised solution for customers
24 Oct 2016 at 9:42am
Telecom operator Vodafone on Monday announced customised offer for individuals visiting any of its stores in Tamil Nadu coinciding with the Diwali festival.

Tata Sons disbands Group Executive Council set up by Mistry
24 Oct 2016 at 9:40am
On a day Cyrus Mistry was ousted as the Chairman of Tata Sons, the Group Executive Council (GEC) set up by him has been disbanded.

Idea net plunges to a trickle on Jio, spectrum impacts
24 Oct 2016 at 9:08am
Investments in network expansion, coupled with competition putting a pressure on pricing led the third largest telco Idea Cellular to report a huge decline in the September quarter net profit at Rs 90 crore.

Tata Metaliks Q2 net up 7% to Rs 22 cr
24 Oct 2016 at 9:08am
Tata Metaliks, manufacturer and supplier of pig iron, on Monday said its consolidated net profit rose by 7 per cent to Rs 21.92 crore for the quarter ended September 30, 2016.

Jet Airways to operate wide-bodied planes in more int'l routes
24 Oct 2016 at 9:06am
The routes are from Mumbai and Delhi to Dammam; from Mumbai to Bangkok; and from Mumbai to Doha.

Services receipts flat at $58.6 bn in Apr-Jun: RBI
24 Oct 2016 at 8:58am
India's receipts from invisible services remained almost flat at USD 58.6 billion in the April-June quarter of current fiscal, while payments towards those activities rose by 13.8 per cent to USD 35.05 billion, RBI data showed on Monday.

Next-gen Maruti Swift Dzire to arrive before all-new Swift in India
24 Oct 2016 at 8:57am
Next-gen Maruti Swift Dzire to arrive before all-new Swift in India

IDBI Bank unions threaten strike over wage revision
24 Oct 2016 at 8:50am
Around 17,000 employees of the troubled state-run IDBI Bank, that has been reporting heavy losses on rising bad loans for several quarters now, have threatened to go on a nationwide strike if the management fails to conclude a new wage pact before the month-end.

Average housing prices up 7.3% in Apr-June quarter: RBI
24 Oct 2016 at 8:50am
Housing prices increased by an average 7.3 per cent during April-June period of this fiscal in major cities after moderating for last four consecutive quarters, according to the Reserve Bank of India.

Jaiprakash Associates' shareholders approve sale of cement biz
24 Oct 2016 at 8:40am
Debt-laden Jaiprakash Associates Ltd (JAL) on Monday said its shareholders have approved the sale of the firm's cement business to Aditya Birla Group's UltraTech Cement.

Mistry exit may trigger major correction in Tata stocks: Experts
24 Oct 2016 at 8:38am
The abrupt and unprecedented ouster of Cyrus P Mistry as the chairman of Tata Sons is likely to impact the stocks of Tata Group companies, according to market experts. They say that the removal will lead to an uncertainty and investors may look to exit which will trigger a correction in Tata Group companies’ stocks.

Tatas took decision to oust Mistry a fortnight ago: Sources
24 Oct 2016 at 8:12am
Sources said that relations between the Cyrus Mistry and Ratan Tata have been strained for over a year owing to differences in opinion and Tata's displeasure with certain changes that Mistry wanted to make in the structure of the company.

Syndicate Bank raises Rs 1,000 crore through bonds
24 Oct 2016 at 8:12am
State-owned Syndicate Bank has raised Rs 1,000 crore by issuing perpetual non-convertible additional tier-I bonds.

Rallis India Q2 profit up 31% at Rs 67 crore
24 Oct 2016 at 8:12am
Tata Group firm Rallis India on Monday reported 31 per cent increase in its consolidated net profit at Rs 66.52 crore for the quarter ended September.

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