The new plants will be set up in Rajasthan, Telangana and Andhra Pradesh and will become operational over the course of next year.
Posts tagged MC
Micromax to invest Rs 300 cr for ‘Make in India’ (14-12-2015)
India, Pakistan can re-engage in talks: Sushma Swaraj in RS (14-12-2015)
Recalling the meeting between Narendra Modi and Nawaz Sharif in Paris, Sushma Swaraj said that both the Prime Ministers discussed the need for NSA level talks between the two countries.
Deflation eases: November WPI at -1.99% vs -3.81% in Oct (14-12-2015)
The country’s wholesale inflation, which has been in negative territory for thirteen months now, eased a bit, with the wholesale price index coming in at -1.99 percent in November compared to -3.81 percent in October and versus a forecast of -2.59 percent.
Reliance Comm up 4%; CLSA upgrades on likely debt reduction (14-12-2015)
In a client note, the brokerage says impending tower asset sale would lower its consolidated debt by a significant around 60 percent, adding potential sale of its fibre assets will reduce debt further.
Porinju Veliyath bets big on these 2 Aditya Birla cos (14-12-2015)
In its Inside Kerala special, CNBC-TV18 spoke to Porinju Veliyath, MD Portfolio Manager, Equity Intelligence India and asked him for his favourite sectoral picks.
Nissan to hike prices across models by up to 3% from Jan (14-12-2015)
“The price increase is to offset the rising input costs. The revision of prices will soften the negative impact and help the company stay competitive,” Nissan Motor India Managing Director Arun Malhotra said in a statement.
Nifty hits 7650, Sensex firm; Nov WPI inflation at -1.99% (14-12-2015)
WPI inflation for November came in at negative 1.99 percent against negative 3.81 percent in preceding month and a CNBC-TV18 poll forecast of negative 2.59 percent. September WPI inflation has been revised to negative 4.59 percent from negative 4.54 percent earlier.
Entrepreneurship how it can be harnessed (14-12-2015)
Ipsita talks on how can entrepreneurship be harnessed in India and how GE is aiding the ecosystem in India
TCS falls 2%, analysts say Chennai floods to hurt revenue (14-12-2015)
Shares of Tata Consultancy Services fell 2 percent intraday on Monday after brokerages raised concerns on loss due to Chennai floods. On Friday, the country’s largest software services firm said that floods in Chennai are expected to have a “material impact” on TCS current quarter revenues.
Mkts in risk-off mode; Nifty to hold 7500: PhillipCapital (14-12-2015)
Vineet Bhatnagar of PhillipCapital says investors should use the current market weakness to buy stocks.