Page 3725 - Company News

IndiaBulls Real Estate told to pay Rs 300 crore in undisclosed income case

The quasi-judicial body issued its order on April 30, which was the deadline for the ruling. I-T rules provide the tax commission 18 months to pass the order

Probe alleges 22 audit violations by Deloitte, KPMG arm in IL&FS unit

Auditors deny charges as probe says they 'miserably failed to fulfill the duty entrusted to them'

Former CEO Rana Kapoor denies attempt to return to the board of YES Bank

While YES Bank shareholders had reappointed Kapoor as MD and CEO for three years starting September 1, 2018, the central bank had cut short his tenure till January 31, 2019

Telecom panel tells Trai to review recommendations on 5G spectrum sale

Airwave rollout in 100 days for trials; auction decision in a month

Higher capex, competitive pricing key factors hurting DMart profitability

Margin pressure weighs on valuation of DMart stock

G20 to tackle ocean plastic waste as petrochemical producers expand in Asia

Such moves are setting up a showdown with the oil industry, which is pouring billions into new facilities to produce more plastic

TCS spend on employees is justified: Tata Sons chairman N Chandrasekaran

Chandrasekaran said sometimes specialist skills don't depend on the qualifications but on the employee's experience

Fresh plan for Jet Airways rescue on cards; SBI to call meeting of lenders

Under the new guidelines, there is no strict fiat from the RBI to go to the NCLT

Walmart is expected to pump in $1.2 billion to fund Flipkart's operations

The retail giant's total revenue increased $1.2 billion or 1 per cent for the three months ended April 30, 2019, due to the addition of Flipkart's net sales besides other factors

Rs 10 lakh for 10 seconds: Advertisers upset as rain spoils Ind vs NZ match

Estimates suggest more than Rs 25 crore was riding on the match

Higher input costs, competition may impact profitability of Apollo Tyres

The slowdown has impacted commercial vehicles led by slowing rural consumption, depressed freight rates and under-utilisation of trucks

PwC cites Section 143 in exit letter, Reliance Capital refutes

Reliance Capital says auditor's observations are completely baseless and unjustified

Big listed real estate companies drive profits home in a dull market

BSE Realty Index, which tracks listed developers, has gone up 19 per cent since the beginning of the year, while BSE Sensex went up just 10 per cent

Cairn CEO suggests easing of rules, levy to raise investment and output

Cairn, oil and gas arm of the Vedanta group, is producing at a cost of close to $8 a barrel

Ola to hire more than 150 engineers for Silicon Valley technology centre

The proposed centre will focus on research into areas from electric cars to autonomous vehicles and artificial intelligence, the company said

Uber launches Bajaj Qute in new UberXS category for affordable commuting

The chunky, low-powered vehicles, made by Bajaj Auto Ltd , are billed as a greener alternative to ordinary cars

NCLT adjourns hearing on Jet Airways insolvency case to June 20

Jet Airways owes more than Rs 8,000 crore to a consortium of banks led by the State Bank of India, which now run the airline

Adani Australia receives final clearance for Carmichael coal mine

Adani Mining said that according to the approval, the mining plan of the company was in line with all the regulatory conditions set by the Australian and State governments

ITC chairman Sanjiv Puri's remuneration rises 52% to Rs 6.16 crore

Sanjiv took over as the company's leader in after the death of Y C Deveshwar, ITC's legendary chairman.

EXIM Bank likely to take back 6 grounded Jet Airways planes soon

Indian lenders had planned buying the planes as collateral