Page 3715 - Company News

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

India off to a slow start at Cannes ad fest; TBWA India bags a bronze Lion

Some of the other contenders for metals from India include Wunderman Thompson's Blink campaign and Ogilvy's work for Hindustan Unilever's Hamam soap

Scooter sharing startup Bounce's valuation crosses $220 mn with new funding

Raises $72 million in a series C financing round led by B Capital Group and Falcon Edge Capital; would use capital to expand its presence nationally and strengthen its technology.

Piramal sells entire stake in Shriram Transport for around Rs 2,300 crore

Market sources said the company sold its shares for around Rs 1,000-1,015 a share

Steel imports from South Korea and Japan fill up the Chinese gap

The Indian steel industry has asked for a safeguard duty on steel imports

Sotheby's sold for $3.7 billion to telecom billionaire Patrick Drahi

Sotheby's is returning to private ownership after 31 years as a public company.

Airbus unveils new midsize long-range plane, to be ready for sale by 2023

The European plane maker launched the A321XLR jet Monday at the Paris Air Show, saying it will be ready for customers in 2023 and will fly up to 7,560 kilometers

Biosimilar launches in emerging markets, research key drivers for Biocon

Weak sentiments, rich valuations will weigh on the scrip in near term