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IPO boom: Record Rs 1.6 lakh crore raised in 2024; new year to see greater heights

IPO boom: Record Rs 1.6 lakh crore raised in 2024; new year to see greater heights

Sun, Dec 22, 2024

Fundraising via IPOs in India hit another landmark as economic growth, favourable market conditions and improvements in the regulatory framework helped companies raise a record Rs 1.6 lakh crore in 2024, while the pipeline for the next year holds out bigger promise.

Companies from 20 countries to participate in Didac India 2024

Companies from 20 countries to participate in Didac India 2024

Fri, Sep 06, 2024

India Didactics Association CEO Aditya Gupta said that to support the government's vision and further boost India's education system, DIDAC India 2024 brings together thought leaders, educators, policymakers and industry officials from across the world for in-depth exploration and global showcase.

Is the sugar industry ready for supply?

Is the sugar industry ready for supply?

Tue, Aug 13, 2024

After petrol, now ethanol will be available in diesel! Is the sugar industry ready for supply? What will be the impact on sugar prices? Watch Zee Business' exclusive conversation with Atul Chaturvedi, Executive Chairman, Shree Renuka Sugars.

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Companies need to comply with BIS norms on after-sales support

Companies need to comply with BIS norms on after-sales support

Thu, Dec 27, 2018

Companies providing after-sales service in India will now have to comply with quality standards laid down by the government’s Bureau of Indian Standards (BIS).

Ponzi schemes: SFIO lens on 63 firms this financial year

Ponzi schemes: SFIO lens on 63 firms this financial year

Mon, Dec 25, 2017

This translates to an average of 7 companies being referred for investigations per month

IPO hopeful Xiaomi set to blow past 2017 revenue target: Sources

IPO hopeful Xiaomi set to blow past 2017 revenue target: Sources

Fri, Dec 22, 2017

Xiaomi, which has been hearing bank pitches for what could be the world`s biggest tech float next year, will rake in a net profit of at least $1 billion in 2017, banker projections based on the company`s revenue estimate of $17 billion to $18 billion show. Profits are estimated to reach about $2 billion in 2018.

Tata Steel, Thyssenkrupp merger to strengthen steel prices to improve volumes

Tata Steel, Thyssenkrupp merger to strengthen steel prices to improve volumes

Fri, Dec 22, 2017

Tata Steel, a part of the illustrious Tata Group, is a leading player in Indian market and its production capacity of 27.5MTPA is spread across 26 countries.

NSE launches paperless e-mandate facility on its mutual fund platform

NSE launches paperless e-mandate facility on its mutual fund platform

Thu, Dec 21, 2017

E-Mandate, available for individuals with single mode of holding, is an Aadhaar based functionality, accordingly, registration of mobile number with UIDAI is mandatory for e- signing of mandate. Currently, maximum limit for e-mandate is Rs 1 lakh.

Adani Transmission, Reliance Infrastructure rally up to 10% on power biz deal

Adani Transmission, Reliance Infrastructure rally up to 10% on power biz deal

Thu, Dec 21, 2017

Reliance Infrastructure announced the signing of a Definitive Binding Agreement with Adani Transmission (ATL) for 100 per cent stake sale of its Mumbai power business, which includes integrated business of generation, transmission and distribution of power, Reliance Infrastructure said in a BSE filing today.

Russian oil firm Tatneft ran Crimea fuel station, despite sanctions risk

Russian oil firm Tatneft ran Crimea fuel station, despite sanctions risk

Wed, Dec 20, 2017

Most big Russian oil firms pulled out of Crimea after Washington imposed sanctions over Moscow`s annexation of the region from Ukraine in 2014 and threatened to put any company operating on the peninsula on its list of sanctioned entities.

Enisaver can drastically reduce your electricity bill; know the device

Enisaver can drastically reduce your electricity bill; know the device

Wed, Dec 20, 2017

The device tracks the compressor’s functioning and switches it off once the saturation point is reached. The evaporator fan keeps running so that the AC makes maximum use of the stored energy in the cooling coils.

Delta Air Lines to place order for 100 Airbus jets

Delta Air Lines to place order for 100 Airbus jets

Fri, Dec 15, 2017

The two U.S. companies` relationship began to fray in October when Boeing successfully lobbied the U.S. Commerce Department to propose trade duties of nearly 300 percent on Delta`s order of CSeries jets from Canada`s Bombardier Inc.

Tata Group, GE partner to make LEAP engine components in India

Tata Group, GE partner to make LEAP engine components in India

Thu, Dec 14, 2017

Under the partnership, Tata Advanced Systems Ltd, a unit of Tata, and GE Aviation will together handle manufacturing, assembling, integration and testing of the aircraft components.

Insolvency law panel seeks suggestions from stakeholders

Insolvency law panel seeks suggestions from stakeholders

Thu, Dec 14, 2017

A large number of cases have been filed under the Insolvency and Bankruptcy Code (IBC) which became operational in December 2016. The law provides for a market-determined and time-bound insolvency resolution process.

Majority satisfied that GST has been implemented: CARE Ratings survey

Majority satisfied that GST has been implemented: CARE Ratings survey

Mon, Dec 11, 2017

For the majority, disruptions caused by destocking was not significant. Also there was no major impact on financial performance and the restocking process was satisfactory.

Top 100 firms create wealth worth Rs 38.9 lakh cr in last 5 yrs; TCS leads

Top 100 firms create wealth worth Rs 38.9 lakh cr in last 5 yrs; TCS leads

Fri, Dec 08, 2017

Country's top 100 companies in terms of market valuation have generated a record Rs 38.9 lakh crore wealth in the last five years, with Tata Group firm TCS retaining the numero uno position on the chart for the fifth time in a row, says a latest study.

Toshiba, Western Digital agree in principle to settle chip dispute: sources

Toshiba, Western Digital agree in principle to settle chip dispute: sources

Fri, Dec 08, 2017

Toshiba was forced to put the unit - the world`s no. 2 producer of NAND chips - on the block to cover billions of dollars in liabilities arising from its now bankrupt U.S. nuclear power unit Westinghouse.

Maggi compliant with latest FSSAI norms, no ash added: Nestle

Maggi compliant with latest FSSAI norms, no ash added: Nestle

Mon, Dec 04, 2017

District administration of Shahjahanpur, UP, had slapped a fine on Nestle India and its distributors last week after Maggi had allegedly failed to pass the lab test and found ash content above the permissible limits for human consumption.

Mohandas Pai pitches for listing of startups

Mohandas Pai pitches for listing of startups

Mon, Dec 04, 2017

Pai, who has invested in many startups, said he is personally fond of listing. "We have at least 250 startups across 10 funds, we are preparing them so that they come to a listing stage as I'm very fond of listing as listing creates great value to everybody," he said.

Media, entertainment will generate 4 million jobs in 5 years, says a report

Media, entertainment will generate 4 million jobs in 5 years, says a report

Mon, Dec 04, 2017

The report said, "The Indian media and entertainment sector has huge room for growth and can create four-five million jobs without much spending from public infrastructure."

China's top two banks won't lend to Adani's Australian coal mine

China's top two banks won't lend to Adani's Australian coal mine

Mon, Dec 04, 2017

China`s two biggest banks said they do not plan to finance a controversial Australian coal mine, in the latest blow to Indian conglomerate Adani Enterprises` long delayed project.

Mukesh Ambani hits back at Sunil Mittal, says don't blame Jio for industry's losses

Mukesh Ambani hits back at Sunil Mittal, says don't blame Jio for industry's losses

Fri, Dec 01, 2017

This was in response to a query on Mittal's reported comments -- who runs India's biggest telecom firm Bharti Airtel -- that all telecom companies had put together written down USD 40-50 billion of investments due to Jio's entry.

Auto makers post healthy double-digit sales growth in November

Auto makers post healthy double-digit sales growth in November

Fri, Dec 01, 2017

Utility vehicle sales, including Gypsy, Grand Vitara, Ertiga, S-Cross and compact SUV Vitara Brezza, increased by 34 per cent to 23,072 units in November from 17,215 in the same month of 2016, MSI added.

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