Companies News

Aircel-Maxis case: Court extends interim protection from arrest to Karti, P Chidambaram till  March 8

Aircel-Maxis case: Court extends interim protection from arrest to Karti, P Chidambaram till March 8

It is alleged that FIPB approval in the Aircel-Maxis FDI case was granted in March 2006 by Chidambaram.

Feb 18, 2019, 10:49 AM IST
Vijay Mallya files for permission to appeal against extradition order

Vijay Mallya files for permission to appeal against extradition order

Vijay Mallya has made the application in the Administrative Court division of the High Court.

Feb 15, 2019, 17:58 PM IST
Jet Airways debt recast: Lenders to have largest shareholding

Jet Airways debt recast: Lenders to have largest shareholding

The plan proposes restructuring, under the provisions of the Reserve Bank of India's February 12, 2018 circular, to meet a funding gap of nearly Rs 8,500 crore.

Feb 15, 2019, 13:33 PM IST
ONGC net profit jumps 65% in Q3

ONGC net profit jumps 65% in Q3

Net profit in October-December 2018 at Rs 8,262.70 crore, or Rs 6.44 per share, was higher than Rs 5,014.67 crore, or Rs 3.91 a share, net earning in the same period of the previous fiscal, the

Feb 15, 2019, 13:32 PM IST
Jet Airways posts consolidated net loss of Rs 732 crore in Q3

Jet Airways posts consolidated net loss of Rs 732 crore in Q3

The company had posted a standalone net profit of Rs 165.25 crore in the same quarter previous fiscal, Jet Airways said in a statement.

Feb 15, 2019, 13:30 PM IST
Reserve Bank of India imposes monetary penalty on four banks

Reserve Bank of India imposes monetary penalty on four banks

This action is based on deficiencies in regulatory compliance.

Feb 13, 2019, 18:14 PM IST
DGCA reviewing Jet Airways flights' schedule every 15 days, says official

DGCA reviewing Jet Airways flights' schedule every 15 days, says official

Jet Airways, which has been flying for over 25 years, is working with lenders to restructure its debt as well as raise fresh funds.

Feb 13, 2019, 17:45 PM IST
Ashwani Lohani once again appointed as Air India CMD

Ashwani Lohani once again appointed as Air India CMD

Lohani is expected to assume office from September.

Feb 13, 2019, 17:30 PM IST
Govt proposes to sell 100% stake in AI ground handling arm AIATSL

Govt proposes to sell 100% stake in AI ground handling arm AIATSL

The government would offload 98 percent stake through strategic sale and the remaining 2 percent would be offered to the employees of AIATSL.

Feb 13, 2019, 10:38 AM IST
Sun Pharma Q3 profit zooms nearly 4-fold to Rs 1,241.85 crore

Sun Pharma Q3 profit zooms nearly 4-fold to Rs 1,241.85 crore

The company had posted a net profit of Rs 321.57 crore for the corresponding period of the previous fiscal hit by one-time deferred tax adjustment.

Feb 13, 2019, 10:12 AM IST
NCLAT adjourns RCom's plea for insolvency to March 6

NCLAT adjourns RCom's plea for insolvency to March 6

On February 4, the NCLAT had allowed telecom gear maker Ericsson India to file its objection by February 8 over Reliance Communications' plea to proceed with insolvency process.

Feb 13, 2019, 10:11 AM IST
IndiGo cancels 30 more flights due to pilot shortage

IndiGo cancels 30 more flights due to pilot shortage

Most of the flights have been cancelled from Kolkata, Hyderabad and Chennai, the source said.

Feb 12, 2019, 15:14 PM IST
Ericsson-RCom case: SC asks Anil Ambani to appear before it tomorrow

Ericsson-RCom case: SC asks Anil Ambani to appear before it tomorrow

Ericsson had sought action against Ambani and others for failing to pay Rs 550 crore towards settlement to the company by September-end last year.

Feb 12, 2019, 13:14 PM IST
Vistara launches 48-hour Valentine’s Day sale, fares start at Rs 899

Vistara launches 48-hour Valentine’s Day sale, fares start at Rs 899

The travel period is valid between February 27 and September 18.

Feb 12, 2019, 09:41 AM IST
Parliamentary panel summons Twitter CEO to appear before it on February 25

Parliamentary panel summons Twitter CEO to appear before it on February 25

Sources said the panel members took a serious note about the Twitter head not appearing before it on Monday.

Feb 11, 2019, 17:56 PM IST
SpiceJet Q3 net profit plunges 77% to Rs 55 crore

SpiceJet Q3 net profit plunges 77% to Rs 55 crore

The Gurugram-based airline had posted a net profit of Rs 240 crore in the year-ago period, a company statement said.

Feb 11, 2019, 17:50 PM IST
Reliance Jewels unveils special Valentine’s Day collection 'Beeloved'

Reliance Jewels unveils special Valentine’s Day collection 'Beeloved'

The collection offers diamond pendant sets, earrings and rings.

Feb 09, 2019, 18:53 PM IST
Twitter CEO, top officials not to attend parliamentary panel meet

Twitter CEO, top officials not to attend parliamentary panel meet

The Parliamentary Committee on Information Technology, headed by BJP Member of Parliament Anurag Thakur, had issued summons to Twitter through a letter sent on February 1.

Feb 09, 2019, 17:55 PM IST
Mystery deepens over dead CEO with $145 mn worth crypto passwords

Mystery deepens over dead CEO with $145 mn worth crypto passwords

As the mystery deepens around the death of Gerald Cotten, CEO of Canadian cryptocurrency exchange Quadriga CX, new details have emerged leading to speculation and allegations.

Feb 08, 2019, 20:05 PM IST
UCO Bank Q3 net loss at Rs 998 crore as bad loans balloon

UCO Bank Q3 net loss at Rs 998 crore as bad loans balloon

The bank had posted a net loss of Rs 1,016.43 crore in the same quarter of the previous fiscal.

Feb 08, 2019, 16:34 PM IST