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The sudden exit of Infosys CEO Vishal Sikka (left) raises questions over succession planning at India Inc. (File photo) 
Succession planning critical for companies to outlive its founders: Experts

Experts noted that Indian companies' succession planning rates poorly as against their global peers, who often start months in advance to find a proper replacement.

20 Aug 2017

The logo of the Securities and Exchange Board of India (SEBI) is pictured on the premises of its headquarters in Mumbai. (File Photo | Reuters)
SEBI to chart out long-term cyber security plans for markets: Sources

Sources said a detailed discussion on cyber security issues are expected during the meeting of the Sebi board, which is scheduled for September 18.

20 Aug 2017

Heineken beer | Reuters File Photo
United Breweries targets 25 percent share in imported beer market in next 18 months

Imported beer is a niche market at the moment in India but is growing rapidly driven by affluent consumers in top metro markets, the UBL Senior VP-Marketing said.

20 Aug 2017

Commerce Minister Nirmala Sitharaman . | (Shekhar Yadav | EPS)
Steps taken to strengthen economic ties with South East Asian countries: Nirmala Sitharaman

The Centre will be working together with Manipur government to pursue this course to improve international trade relations, Sitharaman told media.

20 Aug 2017

Rajiv Gandhi International Airport. (File photo | EPS)
Passenger Service Fee may go up to fill up gap of airports security cost

Currently, Rs 800 crore is due to the Central Industrial Security Force by the airports' operators for providing security to the airports.   

20 Aug 2017

Image for representational purpose only.
Comio eyes sales of 1 million smartphones by March 2018

Original device maker Topwise Communication, which is the latest player from China to have entered the Indian market, aims to sell about one million units of its 'Comio' branded smartphones.

20 Aug 2017

A man walks past a logo of State Bank of India outside a branch in New Delhi in February 2017. (File photo | Reuters)
Defaulters owe 27 per cent of total amount to SBI alone, PNB next

Country's largest lender SBI accounts for over 27 per cent of the total amount owed to public sector banks by wilful defaulters.

20 Aug 2017

Parsvnath Developers logo
Parsvnath leases 74,000sq ft office area to WHO, Facebook India

Realty firm Parsvnath Developers has leased about 74,000 sq ft office space to the WHO and Facebook India in central Delhi and will earn Rs 83 crore rent annually.

20 Aug 2017

Tata Motors. (File photo | Reuters)
Half of PV portfolio to have AMT in future: Tata Motors

Tata Motors is betting big on automated manual transmission to boost sales of its passenger vehicles , expecting 50 per cent of the product portfolio to have the technology in future.

20 Aug 2017

The logo of Mahindra and Mahindra is seen at a showroom in Mumbai. (Reuters)
Mahindra and Mahindra tries out options to regain grip in utility vehicle space

Mahindra and Mahindra is back to the drawing board working on a slew of measures, including new launches and better product positioning, in its bid to regain lost ground.

20 Aug 2017

Image used for representational purpose. (File Photo | Reuters)
Full milk fortification in organised sector soon: Tata Trusts

Tata Trusts, which has been partnering with the government in milk fortification programme, expects to cover the entire organised sector within the next 6-9 months, much ahead of schedule.

20 Aug 2017

image for representation only. (File Photo | Reuters)
Regional rural banks' mergers gets exemption from CCI ambit

The mergers of regional rural banks that are ordered by the government are now exempt from seeking CCI approval, according to a notification.

20 Aug 2017

Naaptol logo
Naaptol to expand logistics; eyes Rs 720 crore sales this fiscal

Multi-channel home shopping company Naaptol is looking to expand and decentralise its fulfilment centres as it targets a revenue of Rs 720 crore this financial year.

20 Aug 2017

Global cues, Foreign Institutional Investors fund movement to steer equity markets

Global cues and direction of foreign funds' flows are expected to affect the movement of key equity indices during the upcoming week, market observers opined.

20 Aug 2017

Image for representation only. |PTI
TruJet to expand fleet, increase number of flights

Regional carrier TruJet aims to raise its fleet size to up to eight aircraft by March 2018 besides increasing the number of flights to nearly 50 per day by this year end.

20 Aug 2017

image for representation only.
Planters apprehensive about future of Darjeeling tea exports, pin hopes on Geographical Indication tag

All plucking and manufacturing operations in Darjeeling's 87 gardens have been suspended since June 9 due to the crisis in the region with an indefinite shutdown continuing for over two months.

20 Aug 2017

Shapoorji Pallonji Real Estate to launch six projects in 2017-18

Diversified Shapoorji Pallonji group's real estate arm is lining up at least six projects across the country in 2017-18, with two in the affordable housing segment.

20 Aug 2017

Image for representational purpose only. (File photo)
Public sector banks stare at union strike on Tuesday, services may be hit

Services at public sector banks may take a hit on Tuesday as all unions under the aegis of UFBU have threatened to go on strike against the government's proposed consolidation move.

20 Aug 2017

Honda Cars gets green nod for Rs 1,577 crore expansion project

Honda Cars has received the environment clearance for a Rs 1,577-crore expansion project at its Tapukara plant in Rajasthan.

20 Aug 2017

McDonald's likely to challenge NCLT order on Vikram Bakshi

With no signs of resolution of the conflict between the company and its JV partner in sight, 43 outlets of the fast food chain in the Capital continue to remain closed.

20 Aug 2017

Weaker Q1 sets tone for another weak year, net may grow 1.5 per cent: Kotak Institutional Securities report

The weak June quarter show reflects underlying weakness in the economy and the possibility of yet another sluggish year.

20 Aug 2017