MOIL: Government has divested over 6 per cent stake in the company on January 16, say reports.
BoB, Bank of India and Canara Bank: The government has appointed Sanjiv Chadha Managing Director (MD) and Chief Executive Officer (CEO) of Bank of Baroda (BoB). He succeeds P S Jayakumar, whose term ended in October last year. Bank of India (BoI) executive director has been elevated to the post of MD and CEO. LV Prabhakar has been named the new MD and CEO at Bengaluru-based Canara Bank. He will take charge on February 1.
Balrampur Chini: Balrampur Chini Mills said that an explosion occurred in a CO2 tanker at incineration plant which damaged the pipelines/ pumps /some electrical and mechanical installations of two incineration boilers at its Distillery Unit, Balrampur on 16 January 2020. The accident would not cause any production loss on an annual basis, it said.
ICICI Securities: The investment services arm of ICICI Group on Monday reported a 36 per cent rise in consolidated profit to Rs 137 crore for the third quarter of 2019-20. The company's total income also rose to Rs 422.12 crore, compared with Rs 404.7 crore in the third quarter of the previous fiscal.
Bharti Airtel and Google Cloud on Monday announced a partnership to serve small and medium businesses with digital solutions. Under the pact, Airtel will offer G Suite to small and medium sized businesses (SMBs) in India as part of its integrated ICT portfolio.
Srei Infrastructure Finance said the board will meet on 14 February 2020 to consider raising Rs 3,000 crore via public Issue of redeemable, non-convertible debentures (NCDs) and commercial papers.
NBCC (India) has received a letter of acceptance from Central Coalfield to provide Project Management Consultancy services for Construction of Smart Township/Colony Roads, Network and other Road, Services Buildings and other Allied jobs related to mines for Magadh and Amrapali area, Jharkhand.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)