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  Business   Companies  07 Aug 2017

Business, Companies, 07 Aug 2017

Bank of Maharashtra cuts MCLR rates by 0.05-0.15 per cent from monday

Base rate remains unchanged at 9.70 per cent per annum, Bank of Maharashtra said in a regulatory filing.

07 Aug 2017 8:02 PM

Exim Bank's USD debt programme carries moderate risk: Moody's

Rating outlook is positive for proposed USD denominated senior unsecured notes issued by Exim Bank.

07 Aug 2017 7:45 PM

Textile industry cheers lowering of GST rate on job work

Five per cent GST rate on job works would enable the industry to claim full input credit.

07 Aug 2017 7:21 PM

Tata Steel Q1 consolidated Net at Rs 921.09 crore

Shares of Tata Steel closed 4.26 per cent up at Rs 600 on the BSE on Monday.

07 Aug 2017 6:35 PM

Tata Steel swings to profit in first quarter, lags estimates

Steel maker's net profit came in at Rs 921 crore or $144.37 million in quarter ended June 30.

07 Aug 2017 6:26 PM

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IRDAI working with govt to create a simple platform for KYC

Aadhar is not a mandatory requirement for Know Your Customer (KYC) in the insurance sector.

07 Aug 2017 6:05 PM

Vistara offers flight for Rs 799 under 'Freedom to Fly'

Booking of tickets under sale offer will be open from midnight today to 23.59 hours of August 9.

07 Aug 2017 6:01 PM

Banks to go on all-India strike on August 22, says report

Bank associations have already given notice for agitation a couple of days back.

07 Aug 2017 5:33 PM

Vistara offers lowest fare of Rs 799; two days' discounted sale

Low-cost carrier also offering flights for Rs 2,099 to premium economy class passengers.

07 Aug 2017 5:31 PM

GoAir goes international in October 2017

GoAir is a low-cost carrier based in Mumbai and is owned by Indian business conglomerate Wadia Group.

07 Aug 2017 4:35 PM

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JLR sales rise 3.6 per cent to 46,074 units in July

Land Rover saw sales of 33,110 vehicles in July, up 5.8 per cent as compared to July 2016.

07 Aug 2017 4:28 PM

Jindal Stainless posts 50 per cent surge in Q1 net profit

Total income of the stainless steel maker also rose to Rs 2,438.27 crore.

07 Aug 2017 4:16 PM

Whirlpool of India Q1 net rises 8.8 per cent to Rs 132.72 crore

Shares of Whirlpool of India were trading 3.07 per cent up at Rs 1,192 apiece on the BSE.

07 Aug 2017 4:04 PM

M&M Chairman Mahindra's salary up 16.38 pc in FY17

As per the report, the median remuneration of employees of the company in 2016-17 was at Rs 7.08 lakh.

07 Aug 2017 3:47 PM

BoI to raise up to Rs 626 crore via STCIF stake sale

Bank of India holds 1,13,83,781 shares in STCIFL representing 29.96 per cent stake.

07 Aug 2017 2:59 PM

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SAT puts off hearing on Irdai-Sahara Life to August 10

Sahara group had moved SAT challenging Irdai order directing transfer of its life insurance business.

07 Aug 2017 2:52 PM

Welspun India Q1 net down 38 pc to Rs 128.56 crore

The stock of the company was trading 0.12 per cent down at Rs 81.70 on the BSE.

07 Aug 2017 2:29 PM

Hindalco board to take up Rs 4,400 cr funds raising via debt

The meeting of the board of directors is scheduled for August 11.

07 Aug 2017 2:22 PM

SoftBank reports drop in quarterly profit on Alibaba stake

SoftBank quarterly net profit was 5.5 billion yen ($50 million), down from 254 billion yen previous year.

07 Aug 2017 12:49 PM

FMCG major Britannia to set up largest plant in Maharashtra

Company also planning to set up a diary project at food park with a capacity of 7 lakh litres per day.

07 Aug 2017 12:30 PM

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