Journalism of Courage
COMPANIES NEWS - Page 202
RCom plunges as Chinese bank files insolvency case
November 29, 2017 02:10 IST
The stock which plunged 8.6 per cent initially trimmed part of its early losses, and ended the day at Rs 12.90, down 3.37 per cent on the BSE.
Saudi Aramco, SABIC plan to build $20 billion oil-to-chemicals complex
November 26, 2017 21:00 IST
The complex would start operations in 2025, processing about 400,000 barrels per day of Arabian Light crude oil to produce about 9 million tonnes of chemicals and base oils annually, plus 200,000 bpd of diesel for domestic consumption.
Mobile carrier Aircel denies reports it is partly shutting ops
November 24, 2017 15:47 IST
Aircel and its rival Reliance Communications had planned to combine their wireless operations, which would have moved part of the debt to the new company's books. That deal fell apart last month.
Bharti Airtel vows to give Rs 7000 cr to start university teaching AI for free to poor children
November 24, 2017 11:41 IST
They're dedicated to establishing an entire non-profit institution of higher learning targeting India's large underprivileged class. The plan helps bring attention to the woeful state of the country's education system, a top complaint of the local financial elite.
IKEA’s foray: Swedish flavour in Indian marketSubscriber Only
November 24, 2017 02:05 IST
The home-furnishing firm, which is also known for its gastronomical offerings at cafeterias inside its stores, is providing glimpse of what will be offered at its stores and says it will focus on bringing the Swedish cuisine.
HDFC Bank’s CSR initiative: Meghalaya village becomes 750th to get access to clean waterSubscriber Only
November 24, 2017 02:00 IST
HRDP, a CSR initiative of Parivartan, HDFC Bank's umbrella brand for its development programmes was started in April 2015. The bank aims to cover 1,000 such villages by 2019.
Havmor to sell ice cream business to Lotte for RS 1,020 crore
November 24, 2017 01:43 IST
Lotte Confectionery has decided to acquire 100 per cent shares of HIL during its board meeting on Thursday.
Supreme Court appoints Official Receiver of Bonbay HC for Aamby Valley auction
November 24, 2017 01:40 IST
The order came after the court was told that attempts were being made to encroach the area.
Tesla cranks up big battery in Australia
November 23, 2017 14:33 IST
The Tesla Powerpacks have now been fully installed at a wind farm run by France's Neoen, and testing is set to begin to provide grid security services in South Australia.
Cathay Pacific’s pilots plan levy as buffer against action by airline
November 23, 2017 14:27 IST
Cathay has 3,300 pilots globally, two-thirds of whom are members of unions.
‘Hej Home’ opened in Hyderabad: IKEA provides a sneak peek into upcoming productsSubscriber Only
November 23, 2017 00:55 IST
“This home is in an Indian mall, but with solutions from IKEA, where we are catering the customer needs based on research we have done about how people want to live"
Swiggy drives into Ahmedabad, ties up with 300 restaurants
November 22, 2017 14:44 IST
"With Swiggy's lightning fast and hassle-free ordering and delivery service, food lovers in the city can now enjoy food from the best neighbourhood restaurants with just a touch of a button," Swiggy Vice-President, Marketing, Srivats T S said.
Adani close to secure Chinese loans for its Australian project: report
November 22, 2017 14:30 IST
"Adani Group is close to securing finance with an announcement expected in coming weeks that Chinese state-owned enterprises, banks, and export credit agencies are backing the venture," the Australian Broadcasting Corporation (ABC) reported.
SC restrains directors of Jaiprakash Associate Limited from alienating properties
November 22, 2017 14:17 IST
Senior advocate Kapil Sibal, appearing for the real estate company, said adequate time should be given to the firm for arranging money or otherwise it may go the Sahara way.
OVL buys 15% stake in Namibian oil block
November 22, 2017 01:43 IST
The stake has been bought through OVL’s indirect subsidiary ONGC Videsh Vankorneft.
$800-mn issue: RIL to price bonds at 135 bps over US yield
November 21, 2017 00:56 IST
The issue received bids worth over $2 billion according to information provided by investment bankers on Monday evening. The funds raised will be used to refinance RIL’s existing perpetual bonds issued in 2013, an investment banker said.
Glenmark gets USFDA nod for contraceptive tablets
November 20, 2017 10:41 IST
The company's current portfolio consists of 128 products authorised for distribution at the US marketplace and 59 Abbreviated New Drug Applications (ANDA) pending approval with the USFDA. The stock was trading at Rs 591, up 1.23 per cent, on the BSE.
All corporate ethics compromised in Kingfisher Airlines-Deccan Aviation deal: Fraud investigation officeSubscriber Only
November 20, 2017 06:54 IST
The SFIO has found that Kingfisher created three business segments — commercial airlines, ground handling and training — on paper after announcing its merger with DAL to avoid paying capital gains tax.
US rejects Ford petition to delay recall of 3 million vehicles
November 18, 2017 10:14 IST
The agency said it did not find the request by the second largest US automaker "reasonable under the circumstances or supported by the testing and data it has collected to date."
Toyota, Suzuki finalise pact to launch electric vehicles in India by 2020Subscriber Only
November 17, 2017 15:42 IST
Earlier the two companies had announced exploration of a business partnership after which they began discussing, the dissemination of vehicle electrification technologies in India.
PVR to acquire minority stake in US-based theatre firm iPic
November 16, 2017 20:40 IST
Besides, iPic has agreed to appoint PVR Chairman and Managing Director Ajay Bijli to its board of directors after its planned initial public offering that it had announced earlier. PVR Ltd stock closed 0.47 per cent up at Rs 1,390.50 on BSE.
Anil Ambani-led Reliance group of companies’ shares recover
November 16, 2017 18:55 IST
Among others, Reliance Home Finance climbed 8.54 per cent to close at Rs 71.80, Reliance Infrastructure grew as much as 6.71 per cent to end the day's trade at Rs 445.40 and Reliance Power closed 4.11 per cent higher at Rs 36.75.
All is well in Infosys, says N R Narayana Murthy
November 15, 2017 17:01 IST
Infosys founder N R Narayana Murthy, had on October 24, expressed disappointment that none of the questions raised by him on "poor governance" had been answered by the company's board with transparency.
Vodafone profit, revenue fall
November 15, 2017 02:05 IST
The company reported a 39% fall in pre-tax profit at Rs 4,075 crore for the first half of the current financial year.
Bharti sells stake in tower business for Rs 3,325 crore to trim debt
November 14, 2017 18:35 IST
In the same breath, Airtel's board had also authorised the telecom firm to continue evaluating and selling shares in Bharti Infratel in one or more tranches from Airtel itself or its subsidiary Nettle.
Advertisement
Live Blog
Advertisement
Best of Express
Cities68 murdered in Maliana, all accused acquitted 36 years later, residents ask: So who killed our families?
EntertainmentDon 3 teaser: Ranveer Singh's first look revealed, says '11 mulkon ki police dhoondti hai mujhe'
EntertainmentRajinikanth's Jailer sells 9 lakh tickets, Gadar 2 rules the North with 3 lakh ticket sales: What Independence Day weekend at movies looks like
Trending‘Take your (non) apology and burn it’: Bengaluru woman flays IndiGo after her siblings miss father’s funeral
SportsComeback man Hardik Pandya's heroics propel India to 101-run thrashing of South Africa in first T20I in Cuttack
OpinionYogendra Yadav writes: Parliament should discuss how to prevent electoral deforms, not how to bring electoral reforms
Advertisement
Must Read
SportsComeback man Hardik Pandya's heroics propel India to 101-run thrashing of South Africa in first T20I in Cuttack
TechnologyMicrosoft pledges $17.5 billion to expand AI and cloud capacity in India, largest Asia investment
