Companies News

PNB fraud: ED attaches Nirav Modi's valuable assets worth Rs 255 crore in Hong Kong

PNB fraud: ED attaches Nirav Modi's valuable assets worth Rs 255 crore in Hong Kong

The Enforcement Directorate (ED) has attached valuables worth Rs 255 crore in Hong Kong belonging to Nirav Modi under PMLA.

Oct 25, 2018, 10:10 AM IST
Unicoin co-founder arrested for setting up Bitcoin ATM in Bengaluru

Unicoin co-founder arrested for setting up Bitcoin ATM in Bengaluru

Police asked people not to get lured by the claims of making quick bucks through illegal crypto currency.

Oct 24, 2018, 17:10 PM IST
IndiGo posts first quarterly loss in 3 years at Rs 652 crore

IndiGo posts first quarterly loss in 3 years at Rs 652 crore

IndiGo, the country's largest airline with over 40 per cent market share, had a profit of Rs 551.6 crore in the year-ago period.

Oct 24, 2018, 17:02 PM IST
Wipro Q2 profit drops 14% to Rs 1,889 crore

Wipro Q2 profit drops 14% to Rs 1,889 crore

Wipro, which gets bulk of its topline from IT services, said its board has approved the appointment of Arundhati Bhattacharya as an Additional Director.

Oct 24, 2018, 16:30 PM IST
Cadila Healthcare, Zydus Wellness to buy Heinz India for Rs 4,595 crore

Cadila Healthcare, Zydus Wellness to buy Heinz India for Rs 4,595 crore

The two companies have signed definitive agreements to buy Heinz India, a subsidiary of Kraft Heinz.

Oct 24, 2018, 16:20 PM IST
IFFCO ranks first among world's top 300 cooperatives

IFFCO ranks first among world's top 300 cooperatives

With nearly 36,000 member cooperatives, IFFCO had a turnover of nearly $3 billion for FY 2017-18.

Oct 24, 2018, 16:11 PM IST
Kotak Mahindra Bank Q2 net rises 21% to Rs 1,747 crore

Kotak Mahindra Bank Q2 net rises 21% to Rs 1,747 crore

The bank's had posted Rs 1,440.68 crore net profit in the July-September period of 2017-18.

Oct 24, 2018, 14:16 PM IST
Indigo kicks off 3-day festive sale, get domestic tickets at Rs 899, international at Rs 3,399

Indigo kicks off 3-day festive sale, get domestic tickets at Rs 899, international at Rs 3,399

Customers under the sale can book IndiGo flights between October 24 and October 26.

Oct 24, 2018, 12:55 PM IST
Cyrus Mistry announces startup fund on 2nd anniversary of his ouster from Tata group

Cyrus Mistry announces startup fund on 2nd anniversary of his ouster from Tata group

The new firm is jointly promoted by Cyrus and his elder brother Shapoor, both promoters of the Shapoorji Pallonji Group, which owns 18.4 percent stake in Tata Sons.

Oct 24, 2018, 12:24 PM IST
Law firm withdraws report that gave clean chit to Chanda Kochhar

Law firm withdraws report that gave clean chit to Chanda Kochhar

On October 4, Chanda Kochhar had quit ICICI bank.

Oct 24, 2018, 12:21 PM IST
Tata Sons writes off entire Rs 28,651 cr investment in Tata Teleservices

Tata Sons writes off entire Rs 28,651 cr investment in Tata Teleservices

Tata Sons is in the process of transferring the consumer mobile business of Tata Teleservices to Bharti Airtel and hiving off the enterprise segment to merge with the group's networking arm Tata

Oct 23, 2018, 18:19 PM IST
HCL Tech Q2 net profit up 16.1% to Rs 2,540 crore

HCL Tech Q2 net profit up 16.1% to Rs 2,540 crore

The company expects its FY19 revenue to grow between 9.5-11.5 percent in constant currency basis.

Oct 23, 2018, 17:22 PM IST
IL&FS board appoints 3 advisors to develop resolution plan

IL&FS board appoints 3 advisors to develop resolution plan

The board after it's first meeting had said it is required to give a roadmap for the company to NCLT by October 31.

Oct 22, 2018, 18:15 PM IST
AirAsia announces 20% discount on fares for HDFC users

AirAsia announces 20% discount on fares for HDFC users

HDFC bank users can grab this special deal and book their flights from October 22 to October 28.

Oct 22, 2018, 17:48 PM IST
GoAir offers lowest fares for domestic flights starting at Rs 999: Details here

GoAir offers lowest fares for domestic flights starting at Rs 999: Details here

The non-refundable and non-transferable fare will be available be given on first come, first serve basis.

Oct 22, 2018, 14:24 PM IST
HDFC Bank net profit rises 21% to Rs 5,005.70 crore in Q2; income up 21% at Rs 28,215 crore

HDFC Bank net profit rises 21% to Rs 5,005.70 crore in Q2; income up 21% at Rs 28,215 crore

Total income for the quarter grew by 21.2 per cent to Rs 28,215.2 crore as against Rs 23,276.2 crore, the bank said in a regulatory filing.

Oct 20, 2018, 17:24 PM IST
ED files money laundering cases into Air India deals inked during UPA tenure

ED files money laundering cases into Air India deals inked during UPA tenure

The agency has filed at least four Enforcement Case Information Reports (ECIRs), the ED equivalent of a police FIR.

Oct 19, 2018, 16:19 PM IST
Reliance Industries shares slump 7% post Q2 results

Reliance Industries shares slump 7% post Q2 results

The stock opened lower and declined further by 6.59 per cent to Rs 1,073.15 on BSE.

Oct 19, 2018, 13:11 PM IST
Reliance Industries to buy controlling stake in Hathway Cable and DEN networks

Reliance Industries to buy controlling stake in Hathway Cable and DEN networks

The transactions are subject to customary regulatory and other approvals.

Oct 19, 2018, 12:22 PM IST
Reliance Industries invests in personal transport systems developer Skytran Inc

Reliance Industries invests in personal transport systems developer Skytran Inc

SkyTran is a US-based company that is developing technologies for personal rapid transport pods.

Oct 17, 2018, 21:47 PM IST