Khalistan issue derailed focus of Trudeau's visit: Herb Dhaliwal

Feb 20 2018

Canada’s first Cabinet minister of Indian origin, Herb Dhaliwal, says the focus of the on-going visit of PM Justin Trudeau to India has been derailed by Khalistan issue.

Digital economy cannot be forced on people: Pallam Raju

Feb 20 2018

It can be an option and convenience if somebody wants to pay digitally, but cash has been the comfort factor, especially for the rural population, Raju said.

'Selling every handset, not dumping units in secret warehouses'

Feb 19 2018

"Whatever is being produced locally or shipped into India from us is actually being sold faster than any other brand," Jain told IANS.

Important to build framework to regulate crypto space: Koinex CEO

Feb 16 2018

India is becoming one of the biggest trading hubs of cryptos and things will only get bigger once policymakers lay out a clear regulatory framework for this space.

IBM eyeing BFSI, telecom sector for growth in India

Feb 14 2018

When it comes to digital transformation, sectors like BFSI and telecom, will become the growth engines for India and IBM is ready to meet the tech requirements, says IBM.

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Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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