PSU bank unions threaten 4-day strike from Feb 25

Public sector bank employee unions today threatened go on a four-day nation-wide strike beginning February 25 to press for their wage-related demands. Banks have been providing for a 15 percent wage hike since November 2012. Thus, banks already have...

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Need to push reforms in services sector: Sitharaman

Stressing the need to boost service exports, Commerce and Industry Minister Nirmala Sitharaman said the government will identify "key barriers" facing the sector and then undertake "specific reforms". The minister discussed about various issues pertaining...

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Overdrive: Auto Selector answers your queries

Watch Auto Selector of Overdrive with Bertrand D'Souza on the important launches this week. Watch Auto Selector of Overdrive with Bertrand D'Souza on the important launches and unveils this week. ...

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Overdrive: Facelifts upgrades of Verna, Jetta Amaze

Every product has a calculated lifecycle and even the most successful ones need to go under the knife once in a while to stay fresh and relevant in their categories. Overdrive puts the spotlight on three such cars, the Amaze, the Jetta and the Verna....

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Budget 2015 wishlist from Young Turks

Young Turks caught up with Kunal Bahl of snapdeal.com and Punit Goenka of Zee Entertainment Enterprises to find out what they want from Budget 2015. We are exactly a week away from the Modi government's first full fledged Budget. A Budget that is...

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Should govt stick to 3.6% fiscal deficit? Experts debate

Trying to blend the best of policy advice and market wisdom is never easy. However, at the moment, a couple of questions are plaguing most people - should the government abide by the fiscal deficit, where should it spend to pump prime the economy, where...

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SEML withdraws plea against its disqualification in coal

It withdrew the plea after the bench of justices Badar Durrez Ahmed and Sanjeev Sachdeva observed that the company had not made out its case and had furnished incorrect information which was not falling under the parameter set by the Coal Ministry for...

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Rajan favours punishing black money holders

Reserve Bank Governor Raghuram Rajan today favoured punishing black money holders by streamlining laws that should be enforced better. Terming the black money issue as "sensitive" he said what is important is ensuring that conditions are such that people don't...

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IIM-C placement sees demand from e-commerce majors

Indian Institute of Management Calcutta (IIM-C), which achieved 100 per cent final placements for the 2013-15 batch in just two and half days, has witnessed good demand from e-commerce industry this year. In the batch of 438 students, e-commerce industry...

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Centre to introduce draft bill on small factories in Budget

The NDA government is all set to move amendment proposals to Child Labour (Prohibition and Regulation) Bill and Factories Act, 1948 and introduce Draft Bill on Small Factories (Regulation of Employment and Condition of Service) in the upcoming budget...

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Exit polls give majority to AAP, BJP 2nd, Cong distant 3rd

All exit polls are predicting that AAP will easily cross the halfway mark of 35 in the 70-member Delhi Assembly, voting for which took place on Saturday. Arvind Kejriwal-led Aam Aadmi Party is likely to get a clear majority and form the next government...

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Marksans Pharma Q3 profit jumps 23.7% to Rs 27.7 cr

Marksans Pharma's third quarter consolidated net profit surged 23.7 percent year-on-year to Rs 27.7 crore led by strong revenue. Moneycontrol Bureau Marksans Pharma 's third quarter consolidated net profit surged 23.7 percent year-on-year to Rs 27.7...

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Marico Kaya's net zooms at Rs 12.1 crore in Q3

Personal care and beauty services provider Marico Kaya Enterprises on Friday said its net profit skyrocketed by 800 percent to Rs 12.1 crore at the end of current fiscal's third quarter ending December 31, 2014, against Rs 1.5 crore in the same period...

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Supreme Infra bags contracts worth Rs 413.50 cr in Bihar

Supreme Infrastructure on Friday said it has won Rs 413.5 crore order in the power distribution sector in Bihar. Supreme Infrastructure  on Friday said it has won Rs 413.5 crore order in the power distribution sector in Bihar. "The company has...

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Siemens to support India in its mfg initiative: Global CEO

In an interview with CNBC-TV18's Archana Shukla, Joe Kaesar, President and CEO, Siemens AG, discussed the company's restructuring plans, business operations and the outlook going forward. The German industrial conglomerate recently completed a restructuring...

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Maha CM urges Centre to remove bottlenecks in JNNURM

The chief minister was speaking at Consultative Workshop on Urban Governance organised here by the Central government and was also attended by Union Urban Development minister Venkaiah Naidu. Maharashtra CM Devendra Fadnavis Saturday urged the Centre...

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TVS Srichakra Q3 profit jumps 152% to Rs 26.46 cr

Two and three wheeler tyres maker TVS Srichakra has registered over 152 percent net profit in its third quarter ending December 31, 2014 to Rs 26.46 crore. Two and three wheeler tyres maker  TVS Srichakra has registered over 152 percent net profit...

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Ipca Labs Q3 profit down 70% to Rs 41.5 cr on lower exports

Ipca Laboratories' third quarter net profit plunged 70.2 percent year-on-year to Rs 41.5 crore dented by lower exports and operating income. Moneycontrol Bureau Ipca Laboratories ' third quarter net profit plunged 70.2 percent year-on-year to Rs...

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Tree House Education Q3 profit rises 25% to Rs 15.1 cr

Tree House Education's third quarter net profit climbed 24.8 percent on yearly basis to Rs 15.1 crore driven by strong revenue growth. Moneycontrol Bureau Tree House Education 's third quarter net profit climbed 24.8 percent on yearly basis to Rs...

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It is clear majority for AAP in Delhi, say exit polls

All the exit polls have predicted a majority for the Aam Aadmi Party (AAP) in the Delhi Assembly elections with one of them giving it as high as 53 seats in the 70-member House. All the exit polls have predicted a majority for the Aam Aadmi Party...

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Obama's speech: Gap between what is said what we heard

R JagannathanFirstpost.com The big question we must ask ourselves when we discuss President Barack Obama's Siri Fort speech on January 27 is this: did we all hear the same speech? Or did we dissect it according to our individual biases? If one were...

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IOB to raise Rs 1k-cr to augment additional Tier-1 capital

"Indian Overseas Bank has launched an issue of unsecured, non-convertible, additional Tier-I, basel III compliant perpetual bonds to the extent of Rs 1,000 crore, including an option of Rs 300 crore to augment additional Tier-I capital", the Chennai-based...

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Does secular socialist have any meaning in constitution?

R JagannathanFirstpost.com The� two missing words (secular, socialist) �in the Information and Broadcasting (I&B) ministry's advertisement featuring the Indian constitution's preamble, whether through default or design, have served two useful purposes....

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Spectrum cannot come cheap, it is super-scarce resource

R JagannathanFirstpost.com The Union cabinet's decision to keep the� reserve price for 3G spectrum at Rs 3,705 crore per Mhz �in the 2,100 Mhz band for auctions scheduled to begin on 4 March is probably the right call. One says probably because no one...

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Prabhu pitches for greater investments in Railways

Suresh Prabhu said that Railways' financial health is not good and there is an urgent need of increased investments in the areas of modernisation, safety and security of passengers. "We have decided to increase investment in Railways... We have also...

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Report card: 10 things that made or baked your money in January

SLIDESHOW Sat, Jan 31, 2015 at 17:15 | Source: Moneycontrol.com Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part...

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See further softening in interest rates: Chanda Kochhar

From the sidelines of the World Economic Forum at Davos, Chanda Kochhar, MD & CEO of ICICI Bank , says India is at a point where most of the macroeconomic indicators are positive and it is time to capitalise on all the potential that the country...

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Grasim Industries reports Q3 net profit at Rs 333.61 crore

The company reported consolidated net sales of Rs 7,888.53 crore in October-December period as against Rs 7,063.43 crore during the same quarter of last financial year. Aditya Birla Group firm  Grasim Industries today reported a consolidated...

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Modi's 'maan ki baat' turns into 'dil ki baat' with Obama

R JagannathanFirstpost.com After the morning's pregnant-with-hidden-meaning remarks by Barack Obama on the need for religious tolerance in India, the evening's�Mann ki Baat�featuring him and�Narendra Modi�turned into a veritable love-fest between a...

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Indian rupee snaps its 4-week winning spree

The rupee ended at 61.86 per dollar as against the last weekend's level of 61.42, showing a gain of 44 paise or 0.73 percent. It moved in a range of 61.29 and 62.0350 per dollar during the week. The domestic currency had gained by 215 paise or 3.38 percent...

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