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Page 3510 - Company News

Will Airtel, Vodafone have to pay Rs 50,000 cr? SC order on AGR tomorrow

The telcos contend that AGR should comprise revenue earned only from telecom services, while the DoT has been insisting that AGR should include all revenues, including those from non-core operations

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Updated On : 23 Oct 2019 | 10:47 PM IST

Asset quality woes may spook RBL Bank's capital raising plans

Not only has the gross NPA ratio at 2.6 per cent breached the guided level, but the watch-list has almost doubled in Q2 to Rs 1,800 crore

Asset quality woes may spook RBL Bank's capital raising plans
Updated On : 23 Oct 2019 | 10:11 PM IST

Asian Paints: Volumes remain a bright spot but at the cost of margins

Led by volumes, net sales rose 9.4 per cent and Ebitda margin was up 60 bps in Q2; earnings visibility still looks strong, say analysts

Asian Paints: Volumes remain a bright spot but at the cost of margins
Updated On : 23 Oct 2019 | 10:05 PM IST

A successful reincarnation: Can Bajaj Auto do a MINI with the Chetak?

Here's how the company plans to disrupt the EV market with the new avatar of a classic

A successful reincarnation: Can Bajaj Auto do a MINI with the Chetak?
Updated On : 23 Oct 2019 | 9:50 PM IST

Zomato vows zero tolerance after delivery boy held in Kamlesh Tiwari case

Zomato said the safety and well being of its customers is and will continue to be of paramount importance to the company.

Zomato vows zero tolerance after delivery boy held in Kamlesh Tiwari case
Updated On : 23 Oct 2019 | 9:11 PM IST

Amid #LogOut, will Zomato be able to spice up its offering in the market?

As the industry protests deep discounts, the test of Zomato's Gold membership plan will be in renewals next year

Amid #LogOut, will Zomato be able to spice up its offering in the market?
Updated On : 23 Oct 2019 | 8:36 PM IST

Tata Steel subsidiary bags first lapsing merchant mine at Odisha's auctions

TS Alloys bags Misrilal chromite mines, quoting 88.5 per cent premium

Tata Steel subsidiary bags first lapsing merchant mine at Odisha's auctions
Updated On : 23 Oct 2019 | 7:15 PM IST

BSNL-MTNL merger gets nod, firms can raise Rs 15k cr via sovereign bonds

The revival package includes raising of Rs 15,000 crore sovereign bonds and monetising Rs 38,000 crore of assets in next four years

BSNL-MTNL merger gets nod, firms can raise Rs 15k cr via sovereign bonds
Updated On : 23 Oct 2019 | 7:10 PM IST

Omidyar leads Rs 18 cr seed funding for education loan provider Credenc

The start-up intends to build up a loan book of $500 million over the next five years

Omidyar leads Rs 18 cr seed funding for education loan provider Credenc
Updated On : 23 Oct 2019 | 7:03 PM IST

Sebi starts probe into whistleblower's complaint against Infosys management

Sources said the regulator has already asked the stock exchanges to collate trading data of Infosys' shares as well as about derivative positions

Sebi starts probe into whistleblower's complaint against Infosys management
Updated On : 23 Oct 2019 | 6:00 PM IST

HCL Tech Q2 net profit up 6.9% to Rs 2,711 cr, announces bonus shares

Its revenue from operations grew 18 per cent to Rs 17,527 crore in the quarter under review, from Rs 14,860 crore in the year-ago period

HCL Tech Q2 net profit up 6.9% to Rs 2,711 cr, announces bonus shares
Updated On : 23 Oct 2019 | 5:42 PM IST

SpiceJet to set up first overseas hub in UAE; plans new airline

The emirate would be SpiceJet's first international hub as the carrier looks to boost its connectivity to the Gulf as well as to European destinations

SpiceJet to set up first overseas hub in UAE; plans new airline
Updated On : 23 Oct 2019 | 5:39 PM IST

L&T Q2 net up 7% to Rs 2,770 cr, ordewr book swells to Rs 3 trillion

Consolidated revenues up 15% to Rs 35,328 crore

L&T Q2 net up 7% to Rs 2,770 cr, ordewr book swells to Rs 3 trillion
Updated On : 23 Oct 2019 | 5:37 PM IST

BSE wants Infosys to explain its non-disclosure of whistleblower complaint

Against the backdrop of Nilekani's statement on Tuesday and the company's filing to the bourses a day before, the BSE has sought clarification

BSE wants Infosys to explain its non-disclosure of whistleblower complaint
Updated On : 23 Oct 2019 | 3:33 PM IST

Sunrise Foods eyes strategic sale; valuation pegged at Rs 2,500 crore

The company has appointed JM Financial as the investment banker on the deal

Sunrise Foods eyes strategic sale; valuation pegged at Rs 2,500 crore
Updated On : 23 Oct 2019 | 2:49 PM IST

Yesterday once more: How the latest crisis is playing out at Infosys

For the second time in about as many years, the Indian icon synonymous with the country's technological ascendancy is being forced to answer accusations of impropriety

Yesterday once more: How the latest crisis is playing out at Infosys
Updated On : 23 Oct 2019 | 2:16 PM IST

Whistle-blower complaint: Who got worst hit by the Infosys stock's freefall

Investors lost a staggering Rs 53,000 crore when the stock tanked 16 per cent on Tuesday

Whistle-blower complaint: Who got worst hit by the Infosys stock's freefall
Updated On : 23 Oct 2019 | 1:29 PM IST

Raids explained: INX Media nod puts Karti Chidambaram in trouble with CBI

CBI's special teams conducted searches on premises of accused in Delhi, Mumbai, Hyderabad, Chennai

Raids explained: INX Media nod puts Karti Chidambaram in trouble with CBI
Updated On : 23 Oct 2019 | 11:29 AM IST

INX Media 'kickback' money trail may lead investigators to Singapore, Spain

Singapore subsidiary of firm that allegedly received kickbacks likely to be under ED scanner

INX Media 'kickback' money trail may lead investigators to Singapore, Spain
Updated On : 23 Oct 2019 | 11:29 AM IST

M&A deals set to surge as founders face acute cash squeeze: Axis Capital

The financing squeeze has already taken a toll on the country's economic expansion, which in turn erodes borrowers' capability to repay further

M&A deals set to surge as founders face acute cash squeeze: Axis Capital
Updated On : 23 Oct 2019 | 8:24 AM IST