Kuganandhan Paramanandan

Articles by Kuganandhan Paramanandan

Email : editor@ibtimes.co.in

Disinvestment: SAIL Stake Sale Fetches ₹ 1,715 Crore; ONGC, Coal India in Line

The Narendra Modi government's maiden disinvestment initiative is a success, 5% stake sale in state-run SAIL nets ₹1,715 crore. Prospects for offloading stakes in other PSUs brighten.

Dec 6, 2014

SpiceJet Denies Being Put on Cash-and-Carry Mode by AAI

SpiceJet Denies its Credit Facility Revoked by AAI

Dec 5, 2014

India Poised to Grow Faster Than China From 2016, Says Goldman Sachs

Goldman Sachs chief India economist Tushar Poddar expects India's growth to overtake China starting 2016. Structural reforms could provide further impetus.

Dec 5, 2014

SBI Cuts Interest Rates By 25 Basis Points

SBI has cut deposits with tenure exceeding one year by 25 basis points. Short term deposits see no change. Improved fund liquidity proved beneficial.

Dec 5, 2014

India to Export Buffalo Meat to Russia; More Products to Follow

In the face of retaliatory sanctions by Russia on EU, India set to benefit from an increase in trade of agricultural and dairy products

Dec 5, 2014

Ranbaxy Unit at Dewas Plant Slapped With EU Ban for Non-Compliance, Company Sees No Impact

Non-compliance report raises red flag over Ranbaxy's Dewas plant for deficiencies in design and operation of the clean-rooms, controls for preparation of components, leading to ban on exports from one of the units at the plant.

Dec 5, 2014

Blast Furnace in India at SAIL Plant - Representational Image

SAIL Floor Price Set at ₹83; Government Lines Up ONGC, CIL and Others

The floor price for the SAIL auction has been set at ₹83 and retail investors will receive 5% discount.

Dec 5, 2014

Delhi To Scrap Cars Over 15 Years In A Move To Reduce Pollution. Will Car Sales Pickup?

The National Green Tribunal banned vehicles older than 15 years off the streets of Delhi, with its unenviable record of being the world's worst polluted city. Will the move help more cars remains to be seen

Dec 4, 2014

Loose Cigarettes replacing the hands of a clock

Cigarette Maker Shares Rise as Proposal to Ban Loose Sale 'Overturned'; ITC up 6%, Godfrey Phillips 10%

Union Health Ministry's proposal to ban sale of loose cigarettes is unlikely to receive inter-ministerial clearance, say sources; cigarette stocks up. Farmers associations lobby hard against the move.

Dec 4, 2014

Campus Recruitment Sees Upswing; Women Bag Top Offers from Internet Giants

The job market seems to have bounced back with international majors vying for Indian talent, offering incredible pay packages. Women emerge winners.

Dec 4, 2014

Term Deposit Rates Cut By ICICI And HDFC

HDFC and ICICI cut term rates to 8.75% across tenures; base rate remains unchanged.

Dec 4, 2014

NDA Disinvestment Agenda Back on Track; SAIL Kicks off Process with 5% Stock Sale

The government disinvestment agenda picks up pace with the sale of 5% of shares in SAIL; ONGC, Coal India and Hindustan Zinc lined up.

Dec 4, 2014

Railway Minister Allays Fears of Privatization

Prabhu makes clear that the railways requires private investment and assured that the State transporter won't be privatized

Dec 3, 2014

indian-navy-warships-representational-image

India to Modernise its Aging Naval Fleet as China Increases Presence in Indian Ocean

As Chinese battle ships and submarines increase their "port of call" in the Indian Ocean, India prepares to defend its "strategic background" more vehemently.

Dec 3, 2014

The Plaza, New York, partly owned by the Sahara Group

Supreme Court Permits Sahara To Sell Properties Valued At ₹ 2,700 crore

Supreme Court grants permission to Sahara for sale of four domestic properties; Sahara to provide details to the court about the '$650mn junior loan'

Dec 3, 2014

Quikr Shifts Base to Bangalore to Tap Available Technology Talent Pool

Bangalore plays host to start-ups; talent pool considered diverse and significant.

Dec 3, 2014

Flipkart Founders Invest ₹6 Crore in Electric Vehicle Start-up Ather

Ather sees second-round funding from Raju Venkataraman; product development gains pace.

Dec 3, 2014

Gold Rises About 4%: Biggest One-Day Gain Since 2013

Gold clocks above $1,200 for the first time since October with Japan sovereign downgrade and import relaxations in India.

Dec 2, 2014

India, France Agree to 'Finalise' Rafael Deal for 126 Fighter Jets

The deal remains stuck over Dassault's reluctance to accept responsibility for the 108 planes to be built by HAL

Dec 2, 2014

RBI Maintains Key Rates and Hints at Rate Cut in 2015; Growth Pegged at 5.5%

RBI leaves policy rates unchanged but hints at rate cut in 2015; Sensex down 0.60%

Dec 2, 2014

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Articles by Kuganandhan Paramanandan

Disinvestment: SAIL Stake Sale Fetches ₹ 1,715 Crore; ONGC, Coal India in Line

SpiceJet Denies Being Put on Cash-and-Carry Mode by AAI

India Poised to Grow Faster Than China From 2016, Says Goldman Sachs

SBI Cuts Interest Rates By 25 Basis Points

India to Export Buffalo Meat to Russia; More Products to Follow

Ranbaxy Unit at Dewas Plant Slapped With EU Ban for Non-Compliance, Company Sees No Impact

SAIL Floor Price Set at ₹83; Government Lines Up ONGC, CIL and Others

Delhi To Scrap Cars Over 15 Years In A Move To Reduce Pollution. Will Car Sales Pickup?

Cigarette Maker Shares Rise as Proposal to Ban Loose Sale 'Overturned'; ITC up 6%, Godfrey Phillips 10%

Campus Recruitment Sees Upswing; Women Bag Top Offers from Internet Giants

Term Deposit Rates Cut By ICICI And HDFC

NDA Disinvestment Agenda Back on Track; SAIL Kicks off Process with 5% Stock Sale

Railway Minister Allays Fears of Privatization

India to Modernise its Aging Naval Fleet as China Increases Presence in Indian Ocean

Supreme Court Permits Sahara To Sell Properties Valued At ₹ 2,700 crore

Quikr Shifts Base to Bangalore to Tap Available Technology Talent Pool

Flipkart Founders Invest ₹6 Crore in Electric Vehicle Start-up Ather

Gold Rises About 4%: Biggest One-Day Gain Since 2013

India, France Agree to 'Finalise' Rafael Deal for 126 Fighter Jets

RBI Maintains Key Rates and Hints at Rate Cut in 2015; Growth Pegged at 5.5%

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'