Page 331 - Bs Reporter

Jet Airways to pay second 25% instalment of September salary today

A 25 per cent instalment was paid last month

Driven by stake sale, HDFC Q2 net profit jumps 25% to Rs 24.67 billion

Profit on sale of investments grew substantially to Rs 10 billion in Q2 FY2019, whereas during Q2 FY2018 it stood at Rs 630 million

After Qatar, VA Tech Wabag bags Rs 10 bn order from Saudi Arabia

Deep Raj Saxena, CEO Middle East & Africa Cluster, VA Tech Wabag, said the order was a major breakthrough for the company in Saudi Arabia

Strides Pharma Q2 net loss at Rs 87 million on poor operating income

Consolidated revenue also saw a marginal degrowth of 4.6 per cent at Rs 7.3 billion

Lupin's Q2 net profit falls 41% to Rs 2.66 bn as sales slip in US

Net profit stood at Rs 2.68 billion compared to Rs 4.53 billion in the year-ago period

NIIF to acquire controlling interest in IDFC Infrastructure Finance

The acquisition will enable NIIF to provide private debt funding to infrastructure projects

India needs 100 million new jobs by 2026 for country's growth: PwC

80% of the new employment requirements over the next decade would arise in the 10 states

Falling rupee to boost pharma top lines, margins in Q2: India Ratings

However, drug firms focussed on domestic market would post muted growth in Q2FY19 on a year-on-year basis

Hyderabad-based startup AnyTimeLoan.in receives NBFC license from RBI

AnyTimeLoan.in has a minimum net owned fund of Rs 20 million

Dr Reddy's sells Hyderabad API unit to Neopharma JV in lump sum deal

Therapiva Private Limited is a joint venture between Omnicare Drugs India Private Limited, a subsidiary of Neopharma LLC, Abu Dhabi and Laxai Life Sciences Private Limited

BoB chief faces these challenges ahead of merger with Vijaya, Dena Bank

He firmly believes that although BoB is a public sector bank, a lot can be done internally without government intervention

IL&FS crisis: NCLT reserves order on govt's plea seeking 90 days moratorium

Such litigation challenges will impinge on the company's newly reconstituted board of directors from taking decisions

Emami Cement files for IPO with Sebi, proceeds to be used in debt repayment

Company to issue fresh equity shares worth Rs 5 bn; another Rs 5 bn worth of promoter group's shares to also be sold

Kerala assigns Sabarimala renovation work to Tata Projects for Rs 2 bn

The approach roads to the pilgrim centre have been destroyed by the heavy floods that occurred during August this year

AMETEK India opens technology centre in Bengaluru with $5.5-mn investment

The company also sought the Centre's support for the growth of its businesses in India

Markets post biggest gain in two years; Maruti, M&M surge over 5%

Benchmark indices rebound sharply from six-month lows as rupee gains, oil drops

Madras High Court cracks down on demonstrators at India Yamaha Motor Ltd

The court has also issued a notice to workers and given them two weeks' time to respond

Syngene COO Manoj Nerurkar quits, to explore start-up opportunity

The announcement of the successor will be made shortly, said the company in a regulatory filing

YES Bank board to meet today after RBI directive on Rana Kapoor's tenure

YES Bank to decide the future course of action after the RBI curtailed the term of its founding CEO Rana Kapoor

Maharashtra, Tamil Nadu and Karnataka form 40% of total retail loans: CIBIL

The three states represent about 32 per cent of the country's overall credit population share despite comprising only 20 per cent of the Indian population