Industry

 

Industry has to introspect on doing ethical business: Jaitley

Feb 24 2018 | 8 mins ago

Jaitley said that the discourse needed to move on from ease of doing business to that of Indian industry's responsibility to become ethical in the way it does business.

Hindi support coming to Google Assistant soon soon

Feb 24 2018 | 25 mins ago

Google Assistant is set to get smarter as the company makes it ready to be multilingual and be available in more than 30 languages, including Hindi, by end of this year.

IGI stalemate ends, after SC order IndiGo says will shift flights

Feb 24 2018 | 32 mins ago

IndiGo said it would comply with the SC order and shift some of its flights from one terminal to another at Delhi's IGI airport in the coming weeks.

Twitter's $70 million SoundCloud investment goes awry

Feb 24 2018 | 39 mins ago

Twitter has lost almost all of the $70 million money it had invested in music streaming platform SoundCloud, the company said in its 2017 annual report.

New H-1B policy memorandum issued to protect workers: USCIS

Feb 24 2018 | 1 hrs ago

The new H-1B policy memorandum is part of the effort by the Trump Administration to protect the wages and working conditions of both American and nonimmigrant workers.

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Global Markets

 

Stocks In News

 

ULTRATECH CEMENT

Ultratech Cement leads race to take over Binani Cement

Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors

Dalmia Bharat offers Rs 6,300 Cr

Dalmia seen to lose as UltraTech offering equity stake to creditors

Final decision on winner to be ratified by NCLT

Business Standard Reporst

IRB INFRA

4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model

Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray

NHAI hopes to generate more than Rs 6000 cr Under TOT model

auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km

Successful bidder to get toll collection rights for 30 years

BALAJI AMINES

Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide

Recommend duty for 5 Yrs on DMAC originating from China and Turkey

ADANI TRANSMISSION

Co bags Rajasthan Project

Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan

Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation

With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets

On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation

Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations

FORTIS HEALTHCARE

To be out of F&O if it does not declare quarterly results by March 1

All existing F&O contracts will expire on March 28

No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1

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