Business, Companies, 15th Mar 2019, News & Stories from India

Wednesday, May 01, 2024 | Last Update : 11:49 AM IST

Business Companies 15 Mar 2019

Business, Companies, 15 Mar 2019

BSNL on Friday announced free voice call on its 'Wings' mobile app and free broadband services for a period of 30 days to attract new customers. (Photo: File)

BSNL clears February salaries of employees: CMD

BSNL CMD had said on Thursday that the telco was using internal accruals of Rs 850 crore to clear the February salary.

15 Mar 2019 6:40 PM

"The investment committee of the board of directors of the company has approved the proposal to acquire 100 per cent shareholding in M/s K-Vision Co., Ltd through its wholly owned subsidiary ie Mahindra Engineering Services (Europe) Limited," Tech Mahindra said in a note. (Photo: ANI)

Tech Mahindra to acquire K-Vision for USD 1.5 million to expand 5G business

The deal between Tech Mahindra and K-Vision was signed on Thursday and is expected to close by end of this month.

15 Mar 2019 6:19 PM

his new route is a manifestation of our future growth plan in these key and important business markets, said Sunil Bhaskaran, managing director and chief executive officer, AirAsia India. (Photo: File)

AirAsia to launch Mumbai-Kolkata daily flight from Apr 15

AirAsia currently operates to 19 domestic destinations with a fleet of 20 Airbus A320 planes.

15 Mar 2019 5:49 PM

This amount will be used to focus on multi-client warehouses, the company said. (Photo: Pixabay))

FM Logistic to invest USD 150 million in India for warehouses

The company plans to expand to five cities including four metropolitan cities.

15 Mar 2019 4:58 PM

IndiGo also said that April onwards, it will add more flights on Chennai-Trivandrum, Bengaluru-Mangalore, Bengaluru-Udaipur and Bengaluru-Chennai routes. (Representational Image)

IndiGo to start daily flights on three new routes from April

Chennai-Raipur, Hyderabad-Gorakhpur and Kolkata-Gorakhpur routes to get daily flights from IndiGo.

15 Mar 2019 4:12 PM

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltd's eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

Brookfield-led InVIT to buy RIL's East-West gas pipeline for Rs 13,000 cr

East West pipeline originates at Kakinada in Andhra Pradesh and travels 1,460-kilometers up to Bharuch in Gujarat.

15 Mar 2019 4:01 PM

Stock of IDBI Bank was trading 0.81 per cent down at Rs 42.75 on BSE.

Hemant Bhargava ceases to be Non Executive Chairman of IDBI Bank

IDBI Bank is now a private sector lender following acquisition of majority stake by LIC.

15 Mar 2019 3:42 PM

"Efforts will continue to get capital out of Universal Sompo and also from selling off non-core assets like properties", MD and CEO of Allahabad Bank S S Mallikarjuna Rao said.

Allahabad Bank to raise capital next fiscal

The bank is targeting to raise Rs 250 crore to Rs 300 crore by selling non-core assets, like properties.

15 Mar 2019 3:40 PM

The six lane Delhi-Agra Toll Road. (Photo: ANI)

Reliance Infrastructure offloads stake in Delhi-Agra Toll Road to Singapore firm

Reliance Infrastructure will utilise proceeds of this transaction entirely to reduce its debt, it said in regulatory filings.

15 Mar 2019 12:47 PM

NBCC has offered to fund the gap of about Rs 1,500 crore between estimated construction cost and receivables from customers. (Photo: Representational/PTI)

Jaypee Infratech lenders aks NBCC, Suraksha Group to sweeten bids

The CoC will soon formally write to both the bidders to submit revised bids based on the discussions held.

15 Mar 2019 10:52 AM

The date of payment of second interim dividend for 2018-19 is on and from March 29, the filing said. (Representational Image)

CIL board approves second interim dividend of Rs 5.85 per share

Coal India (CIL) accounts for over 80 per cent of the domestic coal output.

15 Mar 2019 10:45 AM

The investment committee of the board of directors of the company has approved the proposal to acquire 100 per cent shareholding.

Tech Mahindra to acquire K-Vision for USD 1.5 mn to expand 5G business

The deal between Tech Mahindra and K-Vision was signed on Thursday and is expected to close by end of this month.

15 Mar 2019 10:36 AM

Each of the recipes received from the contestants were recreated by Chef Kalra in the Trident kitchen.

Mrida’s Earthspired announces winners for its All India Recipe Contest for nutritionists

Earthspired All India Recipe Contest’s First Place winner was Divya Jain from Bangalore.

15 Mar 2019 10:31 AM

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Bhopinder Singh