Companies News

Flipkart Group CEO Binny Bansal resigns with immediate effect

Flipkart Group CEO Binny Bansal resigns with immediate effect

Walmart had acquired 77 percent of Flipkart for $16 billion in May.

Nov 13, 2018, 17:21 PM IST
Reliance Foundation partners with Centa to promote teaching, announces Reliance Foundation Teacher Awards

Reliance Foundation partners with Centa to promote teaching, announces Reliance Foundation Teacher Awards

1000 winners of this national competition can now look forward to Reliance Foundation Teacher Awards.

Nov 13, 2018, 16:23 PM IST
Nalco H1 operating profit goes up by four-fold

Nalco H1 operating profit goes up by four-fold

The operating profit of 2nd quarter of FY18-19 has increased by 229 percent at Rs735 crore, as against Rs  223 crore in the 2nd quarter of FY17-18.

Nov 13, 2018, 13:09 PM IST
Tata Sons begins due diligence to buy Jet Airways: Report

Tata Sons begins due diligence to buy Jet Airways: Report

A combination of rising oil prices, high fuel tax, a weak rupee, low fares and price competition has seen profit dive in the world`s fastest-growing aviation market, which is clocking 20 percent

Nov 13, 2018, 09:47 AM IST
Jet reports consolidated net loss of Rs 1,261 crore

Jet reports consolidated net loss of Rs 1,261 crore

Total sales rose to Rs 6,363 crore during the reporting quarter, which is a growth of 6.9 percent from Rs 5,952 crore over the same quarter last fiscal.

Nov 12, 2018, 18:17 PM IST
OnePlus to set up R&D centre in Hyderabad

OnePlus to set up R&D centre in Hyderabad

India is a key market for OnePlus and had accounted for about one-third of the company's revenues last year.

Nov 12, 2018, 17:20 PM IST
Walmart-Flipkart deal: NCLAT adjourns hearing over CCI's approval for December 14

Walmart-Flipkart deal: NCLAT adjourns hearing over CCI's approval for December 14

Earlier on October 5 also, the matter was adjourned for November 12 for next hearing by the appellate tribunal.

Nov 12, 2018, 17:18 PM IST
Bank of India registers net loss of Rs 1,156 crore in Q2

Bank of India registers net loss of Rs 1,156 crore in Q2

The bank had posted a net profit of Rs 179.07 crore in the corresponding July-September period of the last fiscal.

Nov 12, 2018, 16:56 PM IST
ABB technology powers Lucknow’s new International Cricket Stadium

ABB technology powers Lucknow’s new International Cricket Stadium

The ABB solution will also enable operators to control equipment, either from within the substation or from a remote location.

Nov 12, 2018, 16:13 PM IST
Twitter CEO Jack Dorsey meets Rahul Gandhi, Dalai Lama on maiden India trip

Twitter CEO Jack Dorsey meets Rahul Gandhi, Dalai Lama on maiden India trip

Later in the day, Dorsey will also attend a Townhall meet at IIT Delhi.

Nov 12, 2018, 13:13 PM IST
Reliance to invest additional Rs 3,000 crore in next 3 years in Odisha: Mukesh Ambani

Reliance to invest additional Rs 3,000 crore in next 3 years in Odisha: Mukesh Ambani

Ambani said that RIL has created sustained new employment opportunities ─ both direct and indirect ─ to over 30,000 people in the state.

Nov 12, 2018, 12:44 PM IST
Fortis Healthcare CEO Bhavdeep Singh quits

Fortis Healthcare CEO Bhavdeep Singh quits

Singh has steered the organisation over the past three and a half years.

Nov 09, 2018, 15:48 PM IST
Moody's places Bharti Airtel's rating on review for downgrade

Moody's places Bharti Airtel's rating on review for downgrade

'Baa3' is the lowest investment-grade bond ratings, and any downgrade would put the rating in speculative grade.

Nov 08, 2018, 18:40 PM IST
Jet Airways Diwali sale extended till November 11; avail 30% off on domestic, international flights

Jet Airways Diwali sale extended till November 11; avail 30% off on domestic, international flights

Passengers under this offer can get upto 30 percent discount on base fare in Première and Economy.

Nov 07, 2018, 11:05 AM IST
'Festival of Electronics': This Diwali, Reliance Digital offers a burst of deals

'Festival of Electronics': This Diwali, Reliance Digital offers a burst of deals

This Diwali, the Reliance Digital has come up with a burst of amazing deals and offers for its customers.

Nov 06, 2018, 22:33 PM IST
Nirav Modi's 11 properties worth Rs 56 crore seized by ED in Dubai

Nirav Modi's 11 properties worth Rs 56 crore seized by ED in Dubai

The market value of the properties seized is US$ 7.795 million which is equivalent to Rs 56.8 Crore, under PMLA.

Nov 06, 2018, 18:58 PM IST
PNB Scam: ED to seek transit remand of key Choksi aide arrested in Kolkata

PNB Scam: ED to seek transit remand of key Choksi aide arrested in Kolkata

Deepak Kulkarni was the director of Choksi’s dummy firm in Hong Kong and a Look Out Circular was issued against him by ED and CBI earlier.

Nov 06, 2018, 09:32 AM IST
On 13th anniversary, GoAir offers tickets starting at just Rs 1,313

On 13th anniversary, GoAir offers tickets starting at just Rs 1,313

The offer is available on a first-come-first-serve basis.

Nov 06, 2018, 00:33 AM IST
GoAir 13th Anniversary offer: Upto 13 lakh seats on sale at Rs 1,313

GoAir 13th Anniversary offer: Upto 13 lakh seats on sale at Rs 1,313

This offer is available for travel period from November 5 to November 4, 2019.

Nov 05, 2018, 18:22 PM IST
SBI net profit slips 69% to Rs 576 crore in Q2

SBI net profit slips 69% to Rs 576 crore in Q2

The bank's net profit was Rs 1,840.43 crore in the July-September quarter of previous fiscal.

Nov 05, 2018, 16:19 PM IST

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