Page 3344 - Company News

Moody's places YES Bank's long-term foreign currency rating under review

The Baseline Credit Assessment was also downgraded to 'Caa2' from 'B3'

SC rejects AGR review plea; telcos have to pay Rs 1.47 trn dues in a week

Disappointed with the decision, Bharti Airtel, which is facing an estimated AGR demand of Rs 35,586 crore said it was evaluating filing a curative petition

UVARCL, a Delhi-based company that's sweeping up bankrupt telcos

UVARCL's biggest bid so far, for Anil Ambani's firms, awaits CoC clearance

GMR Infra to sell 49% stake in airport business to Tata Group entity

The diversified group had earlier announced offloading 44.44 per cent shareholding in the airport business

Plan to start work soon on Mopa airport: GMR Group after SC verdict

GMR Goa International Airport Ltd (GGIAL), a subsidiary of the group, would be implementing the project

Vodafone RedX and Airtel 999: Are these premium mobile plans for you?

Vodafone's RedX is for the traveller with high entertainment needs, while Airtel's plan is for the more value-conscious customer

Govt rules out more reliefs to telcos, feels sector out of financial stress

Bharti Airtel and Vodafone Idea will have to shell out Rs 35,000 crore and Rs 54,000 crore, respectively

Too many roadblocks for doing business in India: N Chandrasekaran

A 'transformative vision' which will ensure we move away from 'a controlled vision of micromanagement' is the need of the hour, he said

Govt lays out strategy to revive Unitech, says won't use public money

The MCA on Wednesday submitted a proposal in the Supreme Court to take over the management of Unitech.

Jio becomes largest telco with 369 mn subscribers, Voda at 336.2 mn: Trai

Reliance Jio added 56 lakh new customers, followed by Bharti Airtel which added 16.59 lakh new subscribers and BSNL 3.41 lakh.

VW CEO says carmaker faces same fate as Nokia without urgent reforms

Volkswagen is shifting from being a manufacturer of traditional vehicles to making self-driving and connected cars, a step which requires cost cuts and efficiency gains, he said

Vivo looks to raise the game in 2020 after capturing market share in 2019

Having registered a sharp increase in market share in 2019, the Chinese smartphone brand looks to raise the game

Realty check: Prestige to Sobha, south Indian developers hold the edge

Prestige, Sobha top picks given their exposure to Bengaluru, other southern markets

PMC Bank scam: No relief for Wadhawans as SC stays HC order on house arrest

The high court had set up a three-member committee for valuating and sale of encumbered assets of HDIL to expeditiously recover dues payable by the firm to PMC bank

AGR: No demand yet on GAIL, PowerGrid; Airtel, Voda Idea mull curative plea

An assessment put GAIL liability at Rs 1.72 trillion and that of PowerGrid at Rs 21,000 crore

Cash-strapped Air India looks to cut loss, eyes premium flyers in 2020

Despite growth in revenue, Air India is witnessing a cash shortfall of around Rs 200 crore every month

ED summons Air Asia CEO Fernandes, other executives in PMLA case

The ED probe is related to allegations that the airline tried to manipulate government policies through corrupt means to get international licence for its Indian venture Air Asia India Limited

500-800cc bikes ride out auto sales slowdown with four-fold growth

The segment has grown significantly over the past few quarters

Metropolis Healthcare leads diagnostics pack on higher realisation

Expansion, raising share of B2C network to help improve margins

JSW Group company Forma shuts operations within one year of launch

Forma, operating in the steel furniture market, was launched last year by JSW Living in April