Tuesday, Jan 22, 2019 | Last Update : 03:31 PM IST

Companies

New twist to Essar tale, SBI seeks to sell Rs 15,000 cr bad loans

SBI has put the reserve price for the recovery of bad loans from Essar Steel India at Rs 9,587.64 crore.

17 Jan 2019 10:51 AM

IOC to raise USD 3 billion more in overseas loan

IOC is already in market to raise USD 900 million through a bonds issue .

16 Jan 2019 1:36 PM

Etihad offers to invest in Jet Airways at 49 per cent discount: report

Etihad is required to make an open offer to shareholders for a majority of the shares once its stake goes past 25 per cent.

16 Jan 2019 1:23 PM

Facebook to invest USD 300 million in local news initiatives

The move comes at a difficult time for the news industry, which is facing falling profits and print readership.

16 Jan 2019 12:56 PM

BoB may get Rs 7,000-8,000 crore ahead of merger rollout

The government announced enhanced capital infusion of Rs 1.06 lakh crore in the current fiscal.

16 Jan 2019 11:09 AM

Qatar Airways CEO: Not interested in Jet Airways as backed by 'enemy' state

Abu Dhabi is part of the United Arab Emirates that cut ties with Qatar in 2017 over accusations of supporting terrorism.

15 Jan 2019 4:09 PM

RBI imposes monetary penalty of Rs 10 million on Bajaj Finance

The order is dated Jan 3 and penalty has been imposed in the exercise of powers vested in RBI under relevant provisions of RBI Act.

15 Jan 2019 2:52 PM

Etihad to raise stake in cash-strapped Jet Airways: source

Etihad’s stake will be capped at 49 per cent given foreign ownership rules in Indian airlines.

15 Jan 2019 11:10 AM

Airtel to deploy pre-5G mobile network tech for Kumbh this week

The telecom firm also announced initiatives to offer a digital Kumbh Mela 2019 experience to its customers.

14 Jan 2019 5:59 PM

Ananth Narayanan steps down as Myntra-Jabong CEO

Myntra said Narayanan has decided to step down as CEO of Myntra and Jabong to pursue external opportunities.

14 Jan 2019 5:28 PM

Sachin Bansal invests Rs 150 crore in Ola

Bansal is pumping in Rs 650 crore in total and the Rs 150 crore funding is part of the total investment.

14 Jan 2019 4:09 PM

Infosys shares gain nearly 4 per cent on share buyback

After a positive opening, shares of the company further gained 3.70 per cent to Rs 709 on BSE.

14 Jan 2019 1:08 PM

BSNL faces huge technical, policy, low motivation challenge: IIM-A report

The report was hard on BSNL for its lethargic approach for utilising its available 4G spectrum.

14 Jan 2019 11:32 AM

22 per cent shareholders exit IDBI after LIC makes open offer

The open offer for 2,04,15,12,929 shares was made last month at a price of Rs 61.73 per share.

14 Jan 2019 10:11 AM

Air India's passenger revenue grows by 20 pc in Q3 of 2018-19

The number of passengers has increased to 55.27 lakh during the quarter from 53.28 lakh in the year-ago period.

12 Jan 2019 3:41 PM

Yes Bank appoints Brahm Dutt as non-executive part-time chairman

Dutt has been on the board of the bank since July 2013 as an independent director.

12 Jan 2019 1:23 PM

Lessors to troubled Jet Airways consider taking back planes: sources

The airline is working on its turnaround strategy and updating its partners, in real time, on efforts taken to improve its liquidity.

12 Jan 2019 12:05 PM

Bandhan Bank Q3 net profit rises 10 pc to Rs 331 crore

Net NPAs of the bank declined to 0.80 per cent in the quarter from 0.70 per cent of the net advances.

10 Jan 2019 2:50 PM

Jet Airways proposes late debt repayments to creditors: document

Jet met with lenders, lessors and vendors in India on Tuesday to discuss its financial situation and a debt-repayment plan.

10 Jan 2019 1:23 PM

IL&FS gets over 30 EOIs for sale of its domestic roads vertical

IL&FS group on December 18, 2018 had initiated the process for asset monetisation.

10 Jan 2019 12:54 PM