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Indian cos raise Rs 1,400 cr via NCDs in Apr-Jun qtr of FY'15

Last Updated: Thursday, July 03, 2014, 17:33

Indian companies mopped up over Rs 1,400 crore via retail issuance of non-convertible debentures in the first quarter the current fiscal, primarily to meet the working capital requirements.

US to start accepting H-1B petitions from April 1

Last Updated: Wednesday, March 26, 2014, 14:55

The US has invited applications from aspirants for the coveted H-1B visas, hugely popular among Indian IT companies, from April 1.

Goldman starts Power Grid with ''buy'' rating

Last Updated: Monday, January 20, 2014, 11:55

Goldman Sachs initiates coverage on Indian power companies with a "buy" rating on Power Grid Corp of India Ltd, saying the sector could benefit from recent reforms, although the magnitude of power tariff hikes could be the biggest risk.

Pharma cos to witness 26% core sales growth in Q3: BoAML

Last Updated: Sunday, January 12, 2014, 15:05

BoAML said it sees strong base business growth at Sun, Dr Reddy, Lupin and Aurobindo Pharma.

Cos mop up Rs 15,000 cr via retail NCDs during Apr-Nov period

Last Updated: Wednesday, December 11, 2013, 15:07

Indian companies mopped up over Rs 15,000 crore in the April-November period by issuing non-convertible debentures (NCDs) to retail investors, nearly three times the amount that was targeted by such offerings.

India's service sector activity suffers worst slump in over 4 years in Sept

Last Updated: Friday, October 04, 2013, 11:02

Activity at Indian services companies shrank at the fastest pace in more than four years last month, suggesting the slowdown in Asia's third-largest economy still has some way to run, a survey showed on Friday.

US plans tough norms for food imports from India

Last Updated: Sunday, August 04, 2013, 19:06

Indian food companies seeking to enter American markets may soon face a tough screening process, as the US health watchdog FDA has proposed a new Foreign Supplier Verification Programme for such products.

US FDA asks Indian drugmakers to comply or face action

Last Updated: Sunday, July 28, 2013, 12:45

The US Food and Drug Administration (FDA) also warned of "appropriate action" against the companies who fail to implement "Good Manufacturing Practices".

FIPB clears 7 pharma FDI proposal, defers 3

Last Updated: Friday, July 05, 2013, 16:10

The Foreign Investment Promotion Board (FIPB) on Friday cleared seven FDI proposals in Indian pharmaceutical companies, while deferring three cases on concerns of ownership control.

Indian software industry to see strong revenue growth: PwC

Last Updated: Saturday, May 25, 2013, 14:45

The Indian software industry is poised for a strong revenue growth driven by social media, mobility, analytics and cloud, said a report published by PricewaterhouseCoopers (PwC).

Killer H-1B provisions still in immigration bill despite deal

Last Updated: Wednesday, May 22, 2013, 16:10

The "killer provision" of ban on client site placement for H1B workers, which may prove to be detrimental to the interests of major Indian IT companies, remains in place despite a last minute deal reached between key Senators on certain provisions of the immigration bill.

SSTL to invest $200 mn in rolling out 4G services

Last Updated: Monday, April 15, 2013, 20:56

The Indian arm of Russian conglomerate Sistema said, however, that it will not start investing in the 4G LTE (long- term evolution) services this year.