Page 3686 - Company News

Larsen and Toubro receives promoter's tag in Mindtree with 60% stake

Mindtree is scheduled to hold its next annual general meeting (AGM) on July 16

Last-minute airfares rise 40% as downpour disrupts Mumbai airport

On Tuesday 55 flights were diverted, over 200 flights were cancelled because of rain, low visibility and poor braking action on secondary runway

Raheja to buy Citibank property in Mumbai's BKC for Rs 400 crore

Citibank had planned to sell the eight-storey building in 2013 but did not proceed

Indiabulls HFC to buy back NCDs, masala bonds worth Rs 2,705 crore

Indiabulls Housing Finance and Indiabulls Commercial Credit Limited (ICCL) are slated to merge with Lakshmi Vilas Bank Limited (LVB)

B K Birla, businessman and builder of educational institutes, dies

Basant Kumar Birla passes away in Mumbai. He was 98.

Old is gold? How used car market players are offering greater transparency

How online pre-owned car sellers are making the most of the crisis in the auto industry

MMT to expand its footprint, gets down to business with corporate travel

MMT has sporadically forayed into corporate travel management in the past

CLP inks deal to buy 3 power assets from Kalpataru for Rs 3,275 cr

The three assets comprise Kalpataru Satpura Transco in Madhya Pradesh, Alipurduar Transmission in Bihar and West Bengal, and Kohima Mariani Transmission

Billionaire Mike Cannon-Brookes' firm Atlassian looking to expand India ops

R&D has been key to Atlassian's growth and innovation

Telcos can't pay through the nose for spectrum: NITI Aayog official

'We need telcos also to be financially sound, said Niti Aayog Special Secretary Yaduvendra Mathur'

L&T has 'acquired control' of the company with 60.06% stake: Mindtree

The development is significant as Mindtree founders had initially resisted the hostile takeover bid and also tried to rally support of large investors in the initial weeks of the drama

HDFC Bank to hire 5,000 freshers through tie-ups with institutes over 3 yrs

The new inductees will pay a course fee of Rs 3.3 lakh plus applicable taxes and will draw Rs 4 lakh as the first yearly salary, the bank said in a statement

Total 705 routes awarded under UDAN, 174 are operational: Aviation Minister

Based on their assessment of demand on particular routes, the airlines submit proposals at the time of bidding under UDAN scheme from time to time

B K Birla, patriarch of cotton to chemicals conglomerate, dies at 98

Birla was the chairman of Century Textiles and Industries, and had been active in business since the age of 15

NCLAT reserves order on contempt plea filed against Reliance Infratel

HSBC Daisy Investments (Mauritius) and others have filed the contempt petition against Reliance Infratel.

Deepak Nitrite achieves 80% capacity utilization at phenol, acetone plant

The Rs 1,400 crore petrochemical plant at Dahej could result in $400 million imports savings for the country

Indiabulls Fin to buyback NCDs, masala bonds worth Rs 2,705 cr in Sept

The company has already initiated the approval process with Reserve Bank for the early redemption of the masala bonds

USFDA wraps up inspection of JB Chemicals Panoli unit with no observations

JB Chemicals & Pharmaceuticals said this facility has capacity of two billion tablets per annum, which is expandable to nine billion tablets per annum

After SpiceJet scare, DGCA issues new landing guidelines for bad weather

A senior official at the DGCA told PTI that it is probing the incidents of planes overshooting runways

Govt considering Rs 74,000-crore bailout plan to revive BSNL, MTNL: Report

The plan offers an exit package to thousand of employees, including an additional 5% compensation to make the VRS attractive