Moneycontrol.com / News

Sunday, Nov 19


Demonetisation rollout #39;deeply flawed#39;, says Nobel winner Richard Thaler

Thaler’s initial tweet on demonetisation last year in which he appeared to praise the exercise became the BJP’s prized weapon to silence any opposition for the government’s move to devalue old Rs 500 and Rs 1,000 notes.

Domestic stainless steel output to hit 3.6 mt at 2017-end


The growth is in response to the rising demand for stainless steel, mainly from sectors such as auto, roads and highways, housing and the like, the industry veteran said, adding that the demand will keep rising every year


Gujarat polls: Congress, PAAS reach agreement over reservation to Patels

The official announcement about the nitty-gritty of the reservation formula and the PAAS#39; stand on supporting the Congress during the Gujarat polls will be announced by Hardik Patel at a public gathering in Rajkot on Monday.

IRP nod must for recovering money from defaulter#39;s bank a/c: NCLAT


The NCLAT was hearing the plea of IOB, which is one of the financial creditors of debt-ridden auto component maker Amtek Auto. It holds 4.08 per cent of the total value of the financial debt

Won#39;t allow Padmavati release till controversial portions are removed: UP Deputy CM

Earlier in the day, the movie makers announced that the release date of Sanjay Leela Bhansali#39;s #39;Padmavati#39; was deferred.


Hiring by private sector to remain muted till March 2018: Assocham


The chamber said that PSU banks would bring down their employee cost to operation ratio, post re-capitalisation by the government, and fresh hiring may come down there as well


Sasikala#39;s brother says Jaya left her without #39;protection#39;


I-T sleuths had conducted searches in the office block of the Poes Garden residence of Jayalalithaa, #39;Veda Nilayam#39;, days after raids at more than 180 locations


We were never in discussions for merger with BigBasket:Grofers

Online grocery firm Grofers has denied holding merger talks with larger rival BigBasket, saying "just one meeting about business" last year between the two had been blown out of proportion.


Moody’s upgrade to lift FPIs sentiment and accelerate FDI flows in long-term

Nifty likely to head higher in the coming week as long as it holds above 10,250

Top 5 factors boosting MSME sector in India; banks and NBFCs to benefit the most


The MSME sector in India has shown a lot of promise over recent years and is slated to grow at a fair pace. Read on to know how banks and NBFCs are going to benefit from the growth of the MSME sector.


Card transactions soar 84% in Sep 2017 to Rs 74,090 crore: Report

The transaction volume at all points of sale (POSes) clipped higher by 86 percent to 378 million in September this year over the same period last year when it stood at 203 million. The debit and credit card transactions have jumped to Rs…


Narayana Hrudayalaya plans Rs 500 cr expansion,to enter Africa

Leading private sector hospital chain Narayana Hrudayalaya has chalked out a Rs 500 crore expansion plan, which will see it entering high-value markets in the country over next three years as well as making a foray into Africa. "After…

Saturday, Nov 18


Honda recalling 900,000 minivans because seats may tip forward


Honda Motor Co said on Saturday that it was recalling about 900,000 minivans because second-row seats may tip forward if not properly latched after being adjusted.


Cannot spell out what happened due to UPA indecision on Rafale: Nirmala Sitharaman

Defence Minister Nirmala Sitharaman today slammed the previous UPA government for not taking a decision on the Rafale fighter jet deal for about 10 years and said she could not spell out in detail what happened due to the delay as it…

Shameful your boss is silencing you: Rahul Gandhi to Nirmala Sitharaman


He also asked her whether Prime Minister Narendra Modi had taken permission from the Cabinet Committee on Security (CCS) before announcing the purchase of the Rafale fighter aircraft in Paris.


National Herald: Sonia, Rahul accuse Swamy of delaying case

Congress president Sonia Gandhi and vice president Rahul Gandhi today accused BJP leader Subramanian Swamy of delaying the trial in the National Herald case filed by him against them and others.

Moneycontrol Ultimate Business Quiz #3: Superhero creators, airline CEO and an old slogan

The third in the Moneycontrol Ultimate Business Quiz series.

PNB, Action Construction Equipment tie up for farm machinery financing


Public sector lender Punjab National Bank and Action Construction Equipment Ltd (ACE) have tied up for financing of farm machinery through the bank#39;s branch network across the country.

Take steps to ensure peace along LoC: Indian DGMO to Pak counterpart

During a telephonic conversation, Lt Gen AK Bhatt told his Pakistani counterpart that there appeared to be a "disconnect" between the Pakistan Army#39;s reiteration about the desire for peace and the action of its troops, official sources…


Market Week Ahead: 10 key things that will keep investors busy next week


Experts feel crude oil prices is the risk to India that everyone knows, but the next key thing to watch out for would be Gujarat Assembly Elections (1st phase on December 9 and 2nd on December 14 and results on December 18), apart from RBI…

Demonetisation not an appropriate response to blackmoney: Manmohan Singh


Manmohan Singh said demonetisation had caused a lot of distress to farmers, small industrialists and many people died while standing in queues in front of banks to get cash because of the ban of Rs 500 and Rs 1,000 currency notes last year.

Businesses can edit August, September GSTR-3B returns from November 20

The initial sales return in the Goods and Services Tax (GST) regime is filed by businesses in form GSTR-3B.

Weekly wrap: Pharma stocks end Nov 13-17 week in red as Q2 results fail to spur investor interest


Sun Pharmaceutical Industries and Cadila Healthcare second quarter results were the major result announcements this week.


Eris Lifesciences buys Strides Shasun#39;s India branded business for Rs 500 crore


Strides’ India branded generics business comprises of a portfolio of 130 plus brands in the domains of neurology, psychiatry, nutraceuticals and gastro.


Volkswagen to invest $27 billion in core brand until 2022


The investments unveiled on Saturday are part of Volkswagen#39;s 72 billion euro spending plan for the 2018-2022 period that was announced on Friday.

Policies can#39;t just be framed within four walls of Ministry: Suresh Prabhu


Union Minister Suresh Prabhu today said trade policies cannot be formulated just within the four walls of the Ministry and that there must be an outreach to more agencies.

Chidambaram mocks govt#39;s sudden love for Moody#39;s


Moody#39;s had yesterday upgraded the sovereign ratings by a notch to Baa2 with stable outlook, citing the Modi government#39;s various reform programme and higher growth prospectus.

NCP to fight Gujarat Assembly polls in alliance with the Congress


NCP general secretary Tariq Anwar said the result of the Assembly polls will show people#39;s feelings and perception about the central government#39;s performance.


Manmohan praises Rahul Gandhi for hard work in Himachal, Gujarat


Manmohan Singh added that he was not a prophet to foresee whether the people#39;s anger against the BJP-led Central government#39;s decision to implement GST and demonetisation would be reflected in the election.

Economy is not out of woods despite rating upgrade: Former PM Manmohan Singh

Former Prime Minister Manmohan Singh also cautioned that the soaring prices of the crude oil could "hurt the fiscal system" of the country.