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  Business   Companies  10 May 2017

Business, Companies, 10 May 2017

Hero MotoCorp Q4 net skids 14 pc to Rs 718 cr

Total income for the fiscal rose to Rs 31,480.14 crore compared to Rs 31,128.16 crore in 2015-16.

10 May 2017 7:24 PM

Tata Sons' former HR head N S Rajan joins IDFC Bank

At IDFC Bank, Rajan will be reporting to managing director and chief executive Rajiv Lall.

10 May 2017 7:21 PM

Oyo to add over 200 townhouse hotels by end 2017

Oyo plans to add 60 hotels across seven cities in the South by end of 2017.

10 May 2017 7:19 PM

'Mallya transferred money to put it out of court's reach'

Apex court says $40 million was completely covered and governed by judicial orders.

10 May 2017 5:39 PM

Govt owes Rs 451.75 crore to Air India

Air India keeps three Boieng 747-400 aircraft for running chartered services for the president, vice president and the prime minister.

10 May 2017 5:28 PM

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SoftBank logs Rs 9,000 cr loss from India investments

Japanese firm has multi-billion investments in Indian firms, including Ola, Snapdeal and Elara Technologies.

10 May 2017 5:20 PM

Tata Motors report decline in global sale

The company reported over 9 per cent decline in global sales in April

10 May 2017 4:57 PM

Dish TV gets CCI nod for merger with Videocon d2h

Dish TV, as per directions of the NCLT has convened shareholders' meeting on May 12 to secure their approval.

10 May 2017 4:49 PM

TCS carries out digital transformation project for Mercantile Bank

Mercantile Bank can now deliver channel-agnostic business banking across multiple devices, a company statement said.

10 May 2017 4:43 PM

Twitter elevates Taranjeet Singh as Country Director for India

Singh will lead the Twitter India team by driving an integrated business strategy and spearheading cross-functional collaboration.

10 May 2017 2:24 PM

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Petronet reports highest quarterly profit

Petronet posted highest ever yearly net profit at Rs 1705.59 crore, up 87 per cent .

10 May 2017 1:51 PM

Airtel pares early losses; gains 4.5 per cent

At NSE, shares of the company jumped 4.53 per cent to Rs 360.90 despite opening on a weak note.

10 May 2017 1:01 PM

Toyota suffer loss for the first time in five years

The company expects a net profit of 1.5 trillion yen in the current year way off market expectations around 1.9 trillion yen.

10 May 2017 12:38 PM

Oracle to set up data centre in India

Oracle had, last year, announced a USD 400 million investment and expansion plan in Bangalore.

10 May 2017 12:37 PM

Nisaba Godrej today takes charge at $4.5 bn Godrej Group

Touted as one of youngest chairpersons of India Inc, Nisaba has her task cut at corner office job.

10 May 2017 12:23 PM

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IndiGo plans to buy turbo-prop planes

The airline is planning to buy planes worth USD 1.3 billion to tap the regional aviation market

10 May 2017 11:13 AM

Solar power tariff takes record drop in auction

The tariff has dropped to Rs 2.62 per unit lower than NTPC's coal-based power tariff of Rs 3.20 per unit.

10 May 2017 10:19 AM

Apple reaches $800 billion mark in market capitalisation

The closing market cap of $802.8 billion was larger than the economies of 45 of the 50 US. state.

10 May 2017 10:11 AM

Price war effects Airtels quarterly profit

India's largest mobile telecoms network operator, reported smallest quarterly profit in more than four years.

10 May 2017 9:48 AM

Now pay after delivery of train tickets at doorstep

IRCTC has offered delivery of rail tickets allowing passengers to make payment through any payment mode.

10 May 2017 9:33 AM

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