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Page 3506 - Company News

Thomas Cook ordered to pay Rs 400,000 compensation for cancelled tour

The complaint said he wanted to travel by Eurostar train from London to Paris, which Thomas Cook agreed to arrange

Thomas Cook ordered to pay Rs 400,000 compensation for cancelled tour
Updated On : 26 Oct 2019 | 9:53 PM IST

ICICI Bank consolidated Q2 net profit down 6% to Rs 1,131.20 crore

It had reported a net profit of Rs 1,204.62 crore for the July-September period a year ago

ICICI Bank consolidated Q2 net profit down 6% to Rs 1,131.20 crore
Updated On : 26 Oct 2019 | 6:20 PM IST

AGR verdict: Defunct telecom biz drains two-thirds of Tata Sons dividends

Parent firm to pay fresh Rs 9,987-cr liability of Tata Teleservices

AGR verdict: Defunct telecom biz drains two-thirds of Tata Sons dividends
Updated On : 26 Oct 2019 | 2:39 PM IST

Seven of top-10 firms add Rs 76,998 cr in m-cap; TCS biggest gainer

Reliance Industries Limited (RIL), HUL, HDFC, ITC, ICICI Bank and SBI were the other firms which witnessed a jump in their market valuation for the week ended Friday

Seven of top-10 firms add Rs 76,998 cr in m-cap; TCS biggest gainer
Updated On : 26 Oct 2019 | 12:22 PM IST

US market regulator may seek Sebi's help to dive deeper into Infosys crisis

Queries sent to the SEC with regard to cooperation sought from Sebi remain unanswered

US market regulator may seek Sebi's help to dive deeper into Infosys crisis
Updated On : 26 Oct 2019 | 3:29 AM IST

Dim Diwali: From watches to clothes, luxury brands get the slowdown blues

Walk into any designer clothing store which caters to businessmen in Mumbai and the absence of footfalls is evident

Dim Diwali: From watches to clothes, luxury brands get the slowdown blues
Updated On : 26 Oct 2019 | 2:18 AM IST

AB InBev, Carlsberg, United Breweries colluded to fix beer prices: Report

CCI launched the investigation after AB InBev told the watchdog it had detected an industry cartel, leading in 2018 to dawn raids at the three brewers' offices to collect evidence

AB InBev, Carlsberg, United Breweries colluded to fix beer prices: Report
Updated On : 26 Oct 2019 | 2:01 AM IST

Telecom woes: Voda Idea to approach govt for relief, waiver of interest

Shares of Vodafone-Idea had plunged 23 per cent to a record low on Thursday after the Supreme Court verdict

Telecom woes: Voda Idea to approach govt for relief, waiver of interest
Updated On : 26 Oct 2019 | 1:49 AM IST

Supreme Court gives telecom companies 3 months time to clear AGR dues

Apex court had upheld government definition of AGR, said telcos must pay licence and fine applicable

Supreme Court gives telecom companies 3 months time to clear AGR dues
Updated On : 26 Oct 2019 | 1:41 AM IST

Mahindra's subsidiary to acquire 100% stake in Peugeot Motorcycles

The move, it said, "reaffirms the commitment" of the group to future growth of the French company

Mahindra's subsidiary to acquire 100% stake in Peugeot Motorcycles
Updated On : 26 Oct 2019 | 1:31 AM IST

Canadian pension fund's stake in Piramal Enterprises may rise up to 9%

The fundraising announcement was a result of a liquidity challenge faced by non-banking financial companies

Canadian pension fund's stake in Piramal Enterprises may rise up to 9%
Updated On : 26 Oct 2019 | 1:25 AM IST

RIL to set up Rs 1.08-trillion digital arm, work on making Jio debt-free

Board approves the transfer of Rs 1.08 trillion debt to the new subsidiary; Jio listing could be next

RIL to set up Rs 1.08-trillion digital arm, work on making Jio debt-free
Updated On : 26 Oct 2019 | 1:10 AM IST

SBI results: Bank's September-quarter earnings a Diwali gift for investors

The bank maintained its slippages ratio target for FY20 at 2%

SBI results: Bank's September-quarter earnings a Diwali gift for investors
Updated On : 26 Oct 2019 | 12:15 AM IST

Tata MF moves NCLT to recover Rs 120 cr from DHFL, others may go legal too

The next hearing on the matter is expected to be held in the second week of November

Tata MF moves NCLT to recover Rs 120 cr from DHFL, others may go legal too
Updated On : 26 Oct 2019 | 12:06 AM IST

Airtel Africa posts 24% jump in profit before tax at $143 million

The revenue of Airtel Africa grew 9.8 per cent to $844 million during the reported quarter from $769 million in the corresponding quarter of 2018-19

Airtel Africa posts 24% jump in profit before tax at $143 million
Updated On : 25 Oct 2019 | 11:24 PM IST

BSNL is poised to flourish after govt's Rs 70,000-crore revival package

If it can get its act together - and cut the flabby workforce - the opportunities for growth are huge

BSNL is poised to flourish after govt's Rs 70,000-crore revival package
Updated On : 25 Oct 2019 | 11:19 PM IST

Sort out Bhushan Power and Steel asset issue: NCLAT to MCA and ED

Appellate tribunal says ED can claim dues from proceeds of crime under IBC as operational creditor

Sort out Bhushan Power and Steel asset issue: NCLAT to MCA and ED
Updated On : 25 Oct 2019 | 11:18 PM IST

Tata Motors to raise Rs 6,500-cr equity via preferential shares allotment

At the end of September, net debt of the standalone entity was Rs 20,000 crore.

Tata Motors to raise Rs 6,500-cr equity via preferential shares allotment
Updated On : 25 Oct 2019 | 11:16 PM IST

Insulin at Rs 7 will be a gamechanger for us: Biocon's Kiran Mazumdar-Shaw

'We are trying to develop a strategy where we could make people to stop using disposable plastic devices', said Shaw

Insulin at Rs 7 will be a gamechanger for us: Biocon's Kiran Mazumdar-Shaw
Updated On : 25 Oct 2019 | 10:34 PM IST

Private equity inflows in realty up by 19% to $3.8 billion in 2019

Commercial real estate sector continued to attract the maximum PE investments, totaling close to $3 billion funds in the first three quarters of 2019

Private equity inflows in realty up by 19% to $3.8 billion in 2019
Updated On : 25 Oct 2019 | 10:24 PM IST