Home » Business

Business - Page 598

IL&FS has a collective debt of around Rs 94,000 crore.

Insurers have to provide for IL&FS, RCap exposure

IRDAI chief says NPAs have to be recognised like banks do.

4 May 2019 2:03 AM IST

FMCG companies scaled back growth-oriented investments and shifted focus to sustaining profits all at the cost of the top line.

FMCG firms turn in weak Q4 numbers

The trend is evident across all FMCG companies that have released their fourth quarter results over the past few days.

4 May 2019 1:02 AM IST

Rival digital payments services have pointed out exceptions that have been applied to WhatsApps service.

Payment service will be launched only after complying with RBI norms:...

The trial run is likely to be completed by July end this year, WhatsApp said.

3 May 2019 5:47 PM IST

Shares of Hindustan Unilever (HUL) settled at Rs 1,692.80 apiece on the BSE, down 2.04 per cent from previous close.

HUL Q4 net profit rises 13.8 pc to Rs 1,538 crore

The company had posted a net profit of Rs 1,351 crore in the January-March quarter of the previous fiscal.

3 May 2019 5:35 PM IST

The platform will invest in opportunities in the ports sector, and beyond sea ports into areas such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals, and logistics infrastructure including cold storage.

India extends retaliatory tariff deadline on 29 US products till May...

This extension comes with US decision to withdraw export incentives being provided to Indian exporters under GSP...

3 May 2019 5:27 PM IST

The complaint alleges that in 2014, a senior Tamil Nadu official demanded a USD 2 million bribe from the construction firm responsible for building Cognizants 2.7 million square foot campus in Chennai. (Photo: Twitter))

IT shares tumble after Cognizant cuts growth outlook; TCS falls 3.70...

A strengthening rupee also weighed on the IT counters.

3 May 2019 5:16 PM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Share markets end marginally lower; IT stocks drag

After trading on a positive note through the day, the BSE Sensex ended 18.17 points, or 0.05 per cent, lower at...

3 May 2019 4:01 PM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Gold continues to fall for 4th day, slides Rs 150

Traders said besides sluggish demand from local jewellers, sentiment remained bearish on the back of a weak trend...

3 May 2019 3:56 PM IST

GMR. (Photo: Twitter)

GMR Rajahmundry Energy successfully executes resolution plan

According to resolution plan existing debt of Rs 2,353 crore has been brought down to a sustainable debt of Rs 1,412...

3 May 2019 3:49 PM IST

Rising input costs due to strengthening of the US dollar and increase in oil prices will make price hikes of consumer durable products inevitable from June, Godrej Appliances said.

Godrej Consumer Products net profit rises 51.5 pc to Rs 935.24 cr in...

The company had posted a consolidated net profit of Rs 617.19 crore in the corresponding period last fiscal, GCPL said...

3 May 2019 3:37 PM IST

Maruti Ignis crosses one lakh sales mark

Maruti Ignis crosses one lakh sales mark

The compact cross-hatch achieved the sales milestone in two years and four months!

3 May 2019 2:51 PM IST

MG Motor now owned by Chinas SAIC Motor Corp, will start its Indian operations in May with the launch of the 5-seat Hector in the mid-size SUV segment.

MG to unveil Hector on May 15; Will be launched in June

MG Motor's first car in India will be a Jeep Compass rival and will pack a long list of features.

3 May 2019 2:37 PM IST