Business, Companies, 1st May 2017, News & Stories from India

Thursday, Apr 25, 2024 | Last Update : 11:29 AM IST

Business Companies 01 May 2017

Business, Companies, 01 May 2017

Snapdeal board meeting to take place tomorrow

The meeting willbe be held to discuss potential sale of India's third largest e-commerce firm to larger rival Flipkart.

01 May 2017 8:36 PM

Reliance Industries moves SAT against Sebi ban, penalty

Sebi had banned RIL and 12 others from equity derivatives trading for one year for fraudulent trading.

01 May 2017 8:27 PM

Incumbent telecom operators allege Reliance Jio violated telecom rules.

TRAI to clarify its Rs 3,050-cr penalty on Airtel, Vodafone and Idea

Incumbent operators and Reliance Jio clashed last year over issue of call connectivity.

01 May 2017 8:26 PM

Dabur re-appoints Anand Burman as non-executive chairman

Burman has been re-appointed as non- executive Vice Chairman for the next five years.

01 May 2017 7:36 PM

Reliance Jio alleges Airtel of violating tariff rules

The company alleging that the two plans of Airtel are being marketed in a misleading manner.

01 May 2017 7:30 PM

Deepak Parekh slams poor ratings to India's economy

Parekh wonders how country with strong fundamentals on economic and political fronts can be rated so low.

01 May 2017 6:52 PM

According to an analysis of the data made public so far by the fund houses, the CEO salary given by the top four fund houses -- ICICI Prudential Mutual Fund, HDFC MF, Reliance MF and Birla SunLife MF -- increased in 2016-17.

Salary rises for top MF CEOs; loss-making funds also pay big

Sebi had directed fund houses to disclose annual remuneration of all employees earning Rs 1.02 crore or above.

01 May 2017 5:32 PM

Did Google's Sundar Pichai take only Rs 8.35 cr salary?

Pichai's total compensation package of $200 million comprises stock units worth $198.7 million.

01 May 2017 5:13 PM

For one, three and six months as well as one, three and five years, the new MCLRs have been revised down by 0.10 per cent each.

PNB revises down MCLR by 0.10-0.15 pc from today

The new MCLR for one-year tenure is 8.35 per cent and for three years, 8.50 per cent.

01 May 2017 4:24 PM

Cairn Energy accuses senior finance ministry official

The company said official advised Anil Agarwal to withhold its dividend income .

01 May 2017 4:20 PM

Three new routes, Delhi-Srinagar, Delhi-Bagdogra and Delhi-Pune, were added in AirAsia India's network

AirAsia India's passenger traffic up by 57 pc in Jan-March

AirAsia India flew 8.4 lakh passengers in the January-March quarter.

01 May 2017 4:01 PM

Trai starts process for framing rules for network testing

The incumbent telecom operators have expressed concerns that enrolment of subscribers and provision of service free of cos.

01 May 2017 2:58 PM

Hyundai India reports increase in car sales

Domestic sales were up 5.68 per cent at 44,758 units during the month, as against 42,351 units in the year-ago period.

01 May 2017 2:16 PM

How new Real Estate Act makes home buyer a king

Govt has described implementation of consumer-centric act as beginning of an era where consumer is king.

01 May 2017 1:33 PM

RERA to boost housing demand, protect buyers, say realty cos

Developers expect housing demand to recover with the implementation of the real estate law from today

01 May 2017 12:54 PM

The rates have been revised for medium and long term deposits and for amount below Rs 1 crore.

SBI reduces term deposit rates by up to 50 bps

SBI will offer a rate of 6.25 per cent as compared to 6.75 per cent earlier

01 May 2017 12:27 PM

Maruti Suzuki India post jump in car sales

The company said sales in the compact segment increased 39.1 per cent to 6,35,84 units in April.

01 May 2017 12:25 PM

The merger proposals in the banking sector would require a clearance from the Competition Commission of India, the ministry official said.

Centre looks to further consolidate PSU banks

In the last consolidation, CCI nod was needed only in the case of merger of BMB with SBI.

01 May 2017 12:56 AM

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Dilip Cherian