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Under the rescue plan, Jet’s lenders, led by SBI, will issue a loan of 15 billion rupees to meet the airline’s obligations.

Jet Airways shares soar after founder Goyal exits

Shares of Jet Airways rose as much as 8.6 per cent to 275.90 rupees, highest since Feb 1.

26 Mar 2019 10:40 AM

Shares of Tata Steel BSL ended 4.27 per cent down at Rs 28.05 apiece on BSE on Monday.

Tata Steel BSL to allot shares worth Rs 2,300 crore to Tata Steel

Tata Steel had won the bid to acquire debt-laden Bhushan Steel in an insolvency auction and later renamed the company as Tata Steel BSL.

26 Mar 2019 10:07 AM

Shares of Syndicate Bank were trading at Rs 38.45 apiece on the BSE, down 0.13 per cent.

Syndicate Bank extends deadline for ESPS till March 30

Bank has put up as many as 30 cr new equity shares, aggregating up to Rs 500 cr for sale under ESPS.

25 Mar 2019 3:11 PM

Olx is still in the investment mode and not focussing on profits.

Olx to focus on biz expansion for now; monetisation after clocking 10-fold growth

The company reached break-even in the financial year 2018 with profit after tax of around Rs 15 crore.

25 Mar 2019 9:18 AM

The shares pared some of the earlier losses to be down 5.4 percent at 1545 GMT.

Nokia plays down compliance issues after shares drop

Nokia issued a statement saying it did not think the issues would have any material impact on the group.

24 Mar 2019 11:09 AM

Navia Life Care is a health tech company building patient engagement platforms for medical providers.

Healthcare startup Navia Life grows 600 pc revenue from last 1 year

The startup plans to grow 10x in next year with expansion in tier 2 and tier 3 cities.

23 Mar 2019 11:43 AM

The bonds are set to mature on March 28, 2024.

Canara Bank issues bonds from London branch to raise up to USD 400 mn

Shares of the bank closed 1.63 per cent down at Rs 271.70 a piece on the BSE.

22 Mar 2019 4:24 PM

Jet and SBI did not immediately respond to requests for comment.

India state banks want Jet Airways' Goyal to reduce stake to 10 pc: report

government has asked state-run banks, led by SBI, to rescue Jet without pushing it into bankruptcy.

22 Mar 2019 9:44 AM

Anil's heavily debt-laden RCom made a Rs 550-crore payment, including interest, to Ericsson.

RCom shares continue to gain, rally 10 per cent

On the traded volume front, 150.71 lakh shares were traded on BSE and over 3 crore shares changed hands on NSE.

20 Mar 2019 1:05 PM

While Samsung remains the world’s largest smartphone maker with nearly a fifth of global unit sales, it underperformed a slumping market last year.

Samsung Elec sees green shoots in China smartphone business

Samsung’s market share has plunged from about 20 percent in 2013 to less than 1 percent currently.

20 Mar 2019 12:17 PM

Mounting troubles dented the stock, with shares falling as much as 6.9 per cent to 213.35 rupees, in their biggest daily percentage fall in over a month.

Jet Airways shares drop as crisis deepens

The government has asked state-run banks to rescue the airline without pushing it into bankruptcy.

20 Mar 2019 12:12 PM

The bank's board approved a proposal to raise equity capital by issuance and allotment of up to 10 crore shares at the issue price of Rs 27 per share

Central Bank to raise up to Rs 270 cr by issuing shares to employees

Stock of the bank closed 0.44 per cent down at Rs 33.85 on BSE.

18 Mar 2019 5:09 PM

DHFL rose as much as 4.4 per cent, after Chief Financial officer Santosh Sharma was redesignated to another role.

Dewan Housing shares rise; CFO moved as corporate strategy head

An auditor had earlier this month dismissed media allegations that DHFL had created shell companies to divert funds.

18 Mar 2019 11:23 AM

The live-streaming of New Zealand’s shooting will certainly bring on more questions of regulation and scrutiny over Facebook.

Facebook shares drop as executives quit, Christchurch live-stream shooting stirs outrage

Facebook, Twitter and Google were also facing another round of public discussions over extremist content on their platforms.

17 Mar 2019 12:12 PM

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

Investors booked profits in recent gainers, weakening benchmark indices, traders said. (Photo: File)

Stock market ends flat on profit booking in energy, IT shares

After rising over 150 points in early trade, the benchmark BSE Sensex ended up by 2.72 points, or 0.01 per cent, at 37,754.89.

14 Mar 2019 4:22 PM

At the current market price, the value of stock sold comes around Rs 59 crore. (Photo: PTI)

Lenders sell 12 crore shares of Reliance Communications

Company has been reeling under a debt of around Rs 47,000 crore and has opted for invoking bankruptcy proceedings.

14 Mar 2019 9:11 AM

SpiceJet has around 12 such aircraft in its fleet. (Photo: PTI/Representational)

Spicejet tanks 8 pc after India bans Boeing 737 Max 8 planes

Shares of SpiceJet opened on a weak note at Rs 74, then fell further to touch an intra-day low of Rs 72.50.

13 Mar 2019 11:31 AM

Airtel's unit, Nettle Infrastructure Investments Ltd, will buy a 32 per cent stake in Bharti Infratel. (Photo: PTI)

Bharti Airtel to slash direct stake in Infratel

Bharti Airtel Ltd will slash its stake in the telecom tower company by more than half to 18.3 per cent.

12 Mar 2019 10:44 AM

Nod was also given for shifting of the registered office of the company from Delhi to Maharashtra.

Tata Steel BSL nod for issuance of 11.09 pc shares to Tata Steel

The proposals were approved in an extraordinary general meeting, chaired by Tata Steel BSL Chairman T V Narendran.

12 Mar 2019 8:52 AM

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Sunil Gatade