Here‚??s wishing you a happy and prosperous Dhanteras. This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global polit
According to the Amfi data collated by Icra, during the past 19 quarter-end months, AUM has declined on 17 instances.
The committee also approved the conversion price of Rs 2,690 per equity share against the floor price of Rs 2,688.35, the company said in a BSE filing.
Foreign portfolio investors (FPIs) bid for investment limits in government debt securities to the tune of Rs 11,875 crore (USD 1.83 billion) as against Rs 10,502 crore (USD 1.62 billion) on offer, e
The company said the IPO will to support expansion of our microfinance business we are preparing ourselves for an IPO.
The combined company is expected to have 2017 pro forma net revenue ranging from USD 1.75 billion to USD 1.85 billion and pro forma adjusted EBITDA of approximately USD 600 million to USD 650 millio
The 15 promoter entities have violated the provisions of SAST (Substantial Acquisition of Shares and Takeovers) Regulations for the financial years 2011-2012 and 2012-2013, Sebi said in an order.
SOME property developers see the town of Consolacion as the most viable site for housing, commercial, and industrial developments outside the cities of Cebu, Mandaue, and Lapu-Lapu. Although the town
HOMEGROWN coffee chain Boís Coffee will open its 100th outlet in the country next month on Makati Ave. Boís Coffee founder Steve Benitez said the opening of the brandís 100th store will further show t
CHINESE carriers Juneyao Airlines and Okay Airways will fly to Cebu for the first time this month for their slated flights to China. In a statement, GMR Megawide Cebu Airport Corp. (GMCAC) said Juneya
THE Cebu Chamber of Commerce and Industry (CCCI) is ready to make concerted efforts with the business community of Kuala Lumpur, Malaysia to boost trade and tourism between the two cities. CCCI presid
OVERSEAS Filipinosí (OFs) personal remittances continue to rise in August 2017, posting 9.4 percent growth year-on-year to reach $2.8 billion, the Bangko Sentral ng Pilipinas said. This brought person
The third largest private sector lender reported a 35.5 percent rise in net profit backed by lower provisions towards the bad loans, fee income growth and stable loan growth
THE Philippine Stock Exchange index (PSEi) rallied to a new all-time high on Tuesday after US indices closed at record levels and on expectations that Chinaís third quarter GDP will be within target.
LAND Asia Realty Development Corp. sets its expanding leap in a remarkable 25 glorious years with a grand celebration on Oct. 19 and 20. This is the gathering of outstanding individuals, developers,
Its total standalone income rose to Rs 708.64 crore during the July-September quarter of the current fiscal, as against Rs 670.21 crore in the same quarter of 2016-17.
The Memorandum of Understanding (MOU) has been signed days after the state government announced its garments and apparel policy, 2017, the company said in a release here.
The falling market share for this single product category company keeps us concerned and we prefer to wait on the sidelines before we see any definitive signs of improvement.
The government had launched the scheme to curb imports of gold, which has a bearing on current account deficit.
Sales have increased by 10 percent in Delhi Chennai during the Diwali season but sales in other cities have been flat. That is the word coming from Lavanya Nalli- Vice Chairperson of Nalli. In a ra
BANANA industry, one of the major economic drivers of the country, will perish in two to three years if threats will remain unsolved, a banana expert warned. Pilipino Banana Growers and Exporters Asso
THE Subdivision and Housing Developers Association (SHDA) is against the lifting of the value added tax (VAT) exemption to the low-cost housing as it will bring upon burden to the buyers. Currently, e
THE Pilipino Banana Growers and Exporters Association (PBGEA) would request exemption of trucks transporting bananas from the cityís truck ban as it would affect the quality of the goods. In an interv
THE Davao Region Coconut Industry Cluster, Inc. (DRCICI) is determined to bring back coconut productivity in the region through a wider education of the coconut farmers, in response to the decreasing
Here‚??s wishing you a happy and prosperous Dhanteras. This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global polit
Here‚??s wishing you a happy and prosperous Dhanteras. This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global polit
The telecom ministry is likely to place before the Cabinet next month the recommendations of inter-ministerial group (IMG) on easing financial stress in the sector.
Private equity investors sealed deals worth USD 7.22 billion in the third quarter of this year following which deal tally for the January-September period stood at USD 14.82 billion.
News reports suggest projects of about 4500 MW could be awarded over the next four months, which is quite significant given market estimates of mere 1500 MW addition this year.
With Iraqi forces taking back the control of oil-rich city of Kirkuk from Kurdish control there is fear that a new showdown in the region is imminent
The senior-most Indian-origin politician in the UK government described the growth of India‚??s middle-class and consumer base as "unprecedented in modern human history".
Besides, these entities have been directed to refund, within three months, the investors money that the firm had raised through illegal collective investment schemes.
Besides, the directors, who happen to be the firm#39;s promoters, have also been restrained from associating themselves with any listed public company from the date of the order till the expiry of f
In a letter written to the ministry as well as the Delhi International Airport Limited (DIAL), IndiGo has also demanded that DIAL "reconsider and withdraw" its order asking the airlines to shift som
Assuming you are 40 years old now, you have 20 years to retire. However, the amount you invest today should also take into account your post-retirement lifestyle; considering you have a lifespan of
In a filing with the BSE, DB Realty informed that the company and LIC Housing Finance have "arrived at a settlement and have executed a debt settlement agreement".
Snowman will be the exclusive partner and extend support at pan-India level, as Ikea opens stores in various cities, a statement said.
"The new BMW 330i Gran Turismo M Sport with a perfect blend of sporting character, impressive performance and appealing design makes every journey an unforgettable experience," BMW Group India Presi
A lot of factors determine the punctuality of flights, including an unwillingness to train pilots. But, late flights are not the only problem passengers face
Commercial mines are alloted without specifying the end use and allow private entities to sell the fuel to buyers across sectors such as power, cement and steel
Since its inception in 2007, VPS has grown into one of the UAE#39;s premier integrated healthcare groups and currently owns 22 hospitals under 13 brands, over 125 medical centres and employs 13,000,
Snowman Logistics is on radar after the news that it will provide logistics service for IKEA#39;s food business. In an interview to CNBC-TV18, Sunil Nair, CEO of Snowman Logistics spoke at length ab
The new Rs 200 denomination currency notes are likely to take as long as the year-end to arrive in ATMs across the country, according to a report in the Times of India.
In a BSE filing, Aurobindo Pharma said it "has received final approval from the US Food and Drug Administration (USFDA) to manufacture Esomeprazole Magnesium Delayed-Release Capsules OTC, 20mg".
With the introduction of Aadhaar verification, this can potentially come down to a mere 15 minutes, while also cutting down the hiring costs
RIL-BP combine yesterday submitted to the Directorate General of Hydrocarbons (DGH) a field development plan for what are known as satellite and other satellite fields, sources with direct knowledge
Prime Focus is surging in trade, up over 19 percent. In an interview to CNBC-TV18, Namit Malhotra, Executive Chairman of Prime Focus spoke about the latest happenings and his outlook going ahead.
Overall Maruti Suzuki recorded 9.3% sales growth in September 2017 with 1.63 lakh units sold. The new Dzire played a major role for the company to get a big market share on sub-4 meter sedan market.
The closed-end capital protection fund will invest its assets in debt securities, money market instruments, and equity or equity-related securities
According to the Japanese financial services major, a moderation in WPI inflation in the coming months is likely owing to falling vegetable prices and favourable base effects.
The institute spearheads Harvard#39;s engagement with South Asian countries, including India, Afghanistan, Bangladesh, Bhutan, Maldives, Myanmar, Nepal, Pakistan and Sri Lanka as well as diaspora po
The Abu Dhabi-based VPS Healthcare, with over a USD 1 billion turnover, is an integrated healthcare provider with primary, secondary and tertiary care hospitals and clinics as well as drug manufactu
Anup Vikal#39;s departure marks one of the most important exits in the e-commerce company#39;s recent past since Snapdeal announced its decision set up a #39;2.0#39; version of itself, a plan to tra
Fingerlix said it will utilise fresh capital to accelerate its growth strategy and expand into newer geographies of Bengaluru, Hyderabad Chennai in addition to expanding its footprint within the NC
The Kerala-based private sector lender#39;s asset quality improved in September quarter. Gross NPAs declined to 2.39 percent from 2.42 percent and net NPAs fell to 1.32 percent from 1.39 percent on
According to statement issued by the bank, the announcement was made during the inauguration of HPCL fuel station as banking point in the Manikonda HPCL fuel station here.
THE Association of Negros Producers (ANP) opened its showroom at the ground floor of SM City Bacolod Monday, October 16, to make its products more accessible to Negrenses and tourists. ANP president C
THE Social Security System (SSS) has awarded PanAsiatic Solutions as Balikat ng Bayan Top Employer for 2017. Siony Hijara-Ferraris, site director and general manager, said this is a result of PanAsiat
The announcement comes five months after the airline made public its intent to buy 50 ATR turbo-prop planes worth USD 1.3 billion to tap the regional aviation market and signed a term-sheet with Avi
Addressing the valedictory session of the India International Science Festival, Naidu said emerging fields of artificial intelligence, robotics, Internet of things, big data analytics and digital ma
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