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Govt asks state-run NALCO to re-think Iran smelter unit plan
28 Sep 2016 at 9:39pm
"Value addition should happen in India and we should be self sufficient in aluminium instead of importing by setting up plants overseas," Mines Secretary Balvinder Kumar told Reuters. "We have asked them to expand their domestic capacity."

Sugar prices to remain firm for next 3-4 quarters: ICRA
28 Sep 2016 at 9:36pm
Despite the government has imposed stock-holding limits on sugar mills, prices of the sweetener in the domestic market are likely to remain firm in the next 3-4 quarters due to tight stock position, says a report.

IWAI inks pact with leading ports for waterways development
28 Sep 2016 at 9:36pm
In a bid to expedite inland water transport projects, the Inland Waterways Authority of India (IWAI) today inked three separate pacts with Paradip Port, Mormugao Port and Dredging Corporation.

Bengal Govt ink MoU with Burn Standard Co for Kolkata monorail
28 Sep 2016 at 9:36pm
The West Bengal government today signed an MoU with Burn Standard Company to start monorail services from Budge Budge to Ruby Hospital on the Eastern Metropolitan Bypass connecting Kolkata with its outskirts.

GSPL to increase pipeline in Gujarat by 200 kms: Joint MD
28 Sep 2016 at 9:35pm
Speaking to CNBC-TV18 T Natarajan, Joint Managing Director of GSPL, said that margins are linked to the tariffs. “We do expect a reasonable increase in margins when the tariff is implemented.”

ICICI Prudential Life Insurance lists 1% down from issue price
28 Sep 2016 at 9:32pm
The Rs 6,057-crore public issue was oversubscribed 10.48 times. The reserved portion of qualified institutional buyers was oversubscribed 11.83 times and non-institutional investors' category 28.55 times. The reserved category of retail investors was oversubscribed 1.42 times and shareholders' portion 12.2 times.

Buy, sell, hold: 3 stocks analysts are bullish on, negative on 1
28 Sep 2016 at 9:23pm
Bank of America Merrill Lynch reiterates buy with a target of Rs 1590 per share, stating it has potential for a re-rating.

Trading in options to bring in more SMEs, farmers: MCX
28 Sep 2016 at 9:11pm
Speaking to CNBC-TV18 Mrugank Paranjape, MD CEO OF MCX said that the exchange is ready in terms of processes and operations and technology. SEBI yesterday allowed options trading on commodity bourses.

Buy Cairn, Indiabulls Real Estate, LIC Housing Finance: Thacker
28 Sep 2016 at 9:06pm
Mitesh Thacker of miteshthacker.com advises buying Punjab National Bank, Indiabulls Real Estate, LIC Housing Finance and Tata Communications.

Buy Voltas, Sun TV; short Pidilite Industries: Sudarshan Sukhani
28 Sep 2016 at 9:06pm
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Voltas and Sun Tv Network.

Buy PNB, Arvind, Ceat, Federal Bank: Ashwani Gujral
28 Sep 2016 at 9:06pm
Ashwani Gujral of ashwanigujral.com suggests buying Punjab National Bank, Arvind, Ceat, Federal Bank and Indiabulls Real Estate.

Suresh Prabhu inaugurates new railway tracks, train in Jharkhand
28 Sep 2016 at 8:58pm
Launching the new train service and tracks through video conferencing here, he said, "This will uplift the area and will go a long way in satisfying the needs of the local people."

Amazon launches two more fulfilment centres in Tamil Nadu
28 Sep 2016 at 8:58pm
"Spread across two lakh square foot in Chennai and Coimbatore, the fulfilment centres are aimed at empowering small and medium businesses to reach a wider customer base," a company statement said.

Girnar Software forms JV in Indonesia with Kreatif Media Karya
28 Sep 2016 at 8:58pm
The JV is between Girnar's subsidiary CarBay Pte Ltd, and PT. Kreatif Media Karya (KMK), the digital business arm of PT Elang Mahkota Teknologi Tbk (Emtek), one of Indonesia's most prominent media and content firms, the company said in a statement.

UpGrad joins Startup India programme as education partner
28 Sep 2016 at 8:58pm
Upgrad, co-founded by Ronnie Screwvala, will offer a four week programme aimed at entrepreneurs looking to take the plunge or already 2-3 years into their journey, with the objective of exposing them to possible challenges in their entrepreneurial journey and also inform them of the key steps required to set up one's own venture, it said.

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