Companies News

GoAir launches new international direct flight from Kannur to Muscat

GoAir launches new international direct flight from Kannur to Muscat

The new International direct flight to Muscat from Kannur will start from February 28.

Jan 22, 2019, 16:20 PM IST
Political ads: Google promises transparency in election ads on its platform

Political ads: Google promises transparency in election ads on its platform

Also, Google will verify the identity of advertisers before their election ads run on its platforms.

Jan 22, 2019, 14:49 PM IST
Cairn says final drafting of arbitration award against retro tax in process

Cairn says final drafting of arbitration award against retro tax in process

Cairn said it is seeking monetary compensation of USD 1.4 billion from the Indian government in the arbitration proceedings.

Jan 22, 2019, 14:41 PM IST
'Super star' firms giving a lot for free, but will it continue asks Rajan

'Super star' firms giving a lot for free, but will it continue asks Rajan

Rajan said that we all know nothing is free, so it needs to be known who is paying for it when consumers get it for free.

Jan 22, 2019, 14:37 PM IST
NCLAT to hear contempt plea against Anil Ambani on February 25

NCLAT to hear contempt plea against Anil Ambani on February 25

HSBC Daisy moved the appellate tribunal over alleged default of payment of Rs 230 crore by Reliance Infratel.

Jan 22, 2019, 14:18 PM IST
ONGC share buyback to open January 29, closes February 11

ONGC share buyback to open January 29, closes February 11

PSUs having a net worth of at least Rs 2,000 crore and a cash balance of more than Rs 1,000 crore have to mandatorily go in for share buyback.

Jan 22, 2019, 12:27 PM IST
Spicejet may connect London with Delhi,Amritsar from summer

Spicejet may connect London with Delhi,Amritsar from summer

With a fleet of 45 Boeing 737s and 737 Max planes, Spicejet currently flies to eight international destinations, which are of up to four hour duration.

Jan 22, 2019, 12:20 PM IST
Delhi court allows extradition process against 4 Sterling Biotech promoters

Delhi court allows extradition process against 4 Sterling Biotech promoters

Earlier in the day, the ED told the court that the four accused are reportedly in Italy and Nigeria and their extradition is required for probing the case.

Jan 21, 2019, 17:21 PM IST
Kotak Mahindra Bank Q3 profit rises 23% to Rs 1,291 crore

Kotak Mahindra Bank Q3 profit rises 23% to Rs 1,291 crore

The bank had posted a standalone net profit of Rs 1,053 crore in the October-December quarter of the last fiscal.

Jan 21, 2019, 14:51 PM IST
LIC completes acquisition of 51% stake in IDBI Bank

LIC completes acquisition of 51% stake in IDBI Bank

IDBI Bank said its retail loan portfolio is expected to reach 50 percent by fiscal 2019-20.

Jan 21, 2019, 13:23 PM IST
SC seeks response from ED on Karti Chidambaram's plea seeking permission to go abroad

SC seeks response from ED on Karti Chidambaram's plea seeking permission to go abroad

Karti is facing prosecution in INX Media money laundering case lodged by the ED.

Jan 21, 2019, 12:24 PM IST
Sun Pharma writes to SEBI over whistleblower complaint, says certain entities doing unfair biz practices against it

Sun Pharma writes to SEBI over whistleblower complaint, says certain entities doing unfair biz practices against it

In November 2018, a whistleblower approached Sebi with a document alleging various irregularities by the company, its promoter and others.

Jan 18, 2019, 17:22 PM IST
Wipro Q3 consolidated profit rises 31.8% to Rs 2,544.5 crore

Wipro Q3 consolidated profit rises 31.8% to Rs 2,544.5 crore

The net profit in the October-December 2017 quarter was at Rs 1,930.1 crore.

Jan 18, 2019, 16:48 PM IST
Adani announces Rs 55,000 cr investment in Gujarat in next 5 years

Adani announces Rs 55,000 cr investment in Gujarat in next 5 years

Adani Group, which operates Mundra port in the state, had Thursday announced plans to foray into petrochemical business with a Rs 16,000 crore project with German chemical major BASF.

Jan 18, 2019, 14:00 PM IST
Mukesh Ambani urges PM to take steps against data colonisation

Mukesh Ambani urges PM to take steps against data colonisation

Invoking Mahatma Gandhi's movement against political colonisation, Ambani said India now needs a new movement against data colonisation.

Jan 18, 2019, 13:19 PM IST
Govt mulling fresh bidding for Rs 6,800-cr Zojila Tunnel after scrapping IL&FS contract

Govt mulling fresh bidding for Rs 6,800-cr Zojila Tunnel after scrapping IL&FS contract

IL&FS was awarded the contract for building the strategic14.2 km-long Zojila tunnel to provide all-weather connectivity between Srinagar, Kargil and Leh.

Jan 18, 2019, 12:07 PM IST
HUL expects merger with GSK Consumer Healthcare to complete in next 6-9 months

HUL expects merger with GSK Consumer Healthcare to complete in next 6-9 months

The company has already initiated the process of getting approval and has already initiated integration teams, said HUL Chief Financial Officer Srinivas Phatak.

Jan 18, 2019, 10:33 AM IST
Monitoring Jet Airways; specific airline probs need specific Measures: IATA chief

Monitoring Jet Airways; specific airline probs need specific Measures: IATA chief

IATA also feels that the Indian ecosystem needs to support the sustainability of airlines in the country.

Jan 18, 2019, 10:32 AM IST
IL&FS says unable to meet interest payment obligation

IL&FS says unable to meet interest payment obligation

Infrastructure Leasing & Financial Services (IL&FS) and some its group entities in the past few months have defaulted debt repayments, triggering concerns over liquidity in the financial

Jan 18, 2019, 10:30 AM IST
Reliance Jio net profit jumps 65% to Rs 831 cr in December quarter

Reliance Jio net profit jumps 65% to Rs 831 cr in December quarter

The company had recorded a net profit of Rs 681 crore in the corresponding period a year ago.

Jan 17, 2019, 19:06 PM IST