Page 3713 - Company News

Indian Accounting Standard 116 won't affect bottom line, says HUL

Company says operating margins will improve due to new accounting treatment for leases

Reserve Bank of India fines HDFC Bank Rs 1 cr for violation of KYC norms

The fine pertains to submission of forged bill of entries (BoEs) by certain importers to HDFC Bank for remittance of foreign currency, the RBI said

Vistara enters into codeshare agreement with US-based United Airlines

The agreement will allow United Airlines to book seats for its passengers on Vistara flights

Odisha govt looks to sell minority stake in loss-making Neelachal Ispat

NINL has had a chequered history of merger plans and hostile takeover bids by bigger public sector firms

Star Cement board to meet on June 21 to consider proposed buyback

Star Cement is also eyeing acquisition of stressed cement plants and companies

Facebook wants its cryptocurrency Libra to one day rival the dollar

To come anywhere close to matching the US dollar for utility and acceptance, Libra will need to be widely trusted

Revolt Intellicorp unveils India's first electric motorcycle RV400

The artificial intelligence enabled bike delivers a range of 156 km on single charge, the company claimed

15% downside to RIL's earnings estimate, IMO 2020 key risk: JPMorgan

RIL's gross refining margins have been under pressure for the last few quarters

Accenture aiding clients through gig economy; skilling workforce for growth

McMillan's division helps Accenture's clients look at new ways of working

SBI files insolvency plea against Jet Airways; hearing on June 19

Jet Airways is sitting on a debt pile of Rs 8,500 crore

Boeing records zero new plane orders in Paris, Airbus jumps ahead

There's room to run up the score, said Airbus Chief Executive Officer Guillaume Faury

It's a plane deal: What does Jet offer in terms of saleable assets?

Jet Airways' best assets are planes, anyone interested?

SBI plans to mop up Rs 5,000-crore debt capital via tier-II bonds

SBI's capital and operating buffers are likely to be adequate to cover credit costs through FY19-FY20 and support its medium-term growth plans

Chinese lenders demand at least $2.1 billion from Anil Ambani's RCom

State-owned China Development Bank, with loans worth Rs 9,860 crore ($1.4 billion) was the biggest creditor to the indebted telecom company, according to a filing made by the company to stock exchange

YES Bank plans to raise $1.2 bn to boost capital, says CEO Ravneet Gill

Gill took over in March pledging to improve transparency after his predecessor, founder Rana Kapoor, was forced out by the Indian central bank for inadequate disclosure of stressed loans

IndiGo moves away from Pratt & Whitney, places $20-bn order for CFM engines

CFM International will deliver the first engine by 2020

HDFC Mutual Fund takes Rs 500 crore of Essel group exposures on books

Besides the four FMPs of HDFC Mutual Fund that matured in April, seven FMPs exposed to the two Essel group firms mature before Sept

India Inc's advance tax mop-up surges 171% in Q1, Mumbai collection up 133%

Mumbai collected Rs 17,174 crore of advance taxes against Rs 7,356 crore in the same period last year, according to data compiled by the tax dept.

Over and out for Jet Airways as lenders start bankruptcy proceedings

State Bank of India and other lenders will refer the airline to NCLT later this week

Caplin's sterile injectable site in Chennai gets two USFDA observations

Caplin Point Laboratories said it believes these observations are procedural in nature and corrective