Home » Business » Companies

Companies - Page 104

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Airtel shareholders approve waiver in recovery of excess pay to Mittal

Total remuneration paid to Mittal was about Rs 31 crore, while Vittal was paid Rs 20.9 crore.

17 Aug 2019 10:35 AM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

Fitch Ratings raises Reliance's outlook to positive

Revision in the outlook follows RIL announcing plans to sell a 20 pc stake in its oil-to-chemical division to Saudi...

16 Aug 2019 6:00 PM IST

Sharechat does not have any English content, but a purely vernacular-based social media platform in 14 regional languages.

ShareChat raises USD 100 mn in series D funding from Twitter, others

To date, ShareChat has raised a total of USD 224 million, the company said in a statement.

16 Aug 2019 4:07 PM IST

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

IDBI Bank shares tank over 12 per cent after Q1 earnings

The scrip tanked 12.33 per cent to touch its 52-week low at Rs 23.80 on the BSE.

16 Aug 2019 1:50 PM IST

Hero MotoCorp, the countrys largest two-wheeler manufacturer, on Monday launched two new scooters ,called the Maestro Edge 125 and the Pleasure Plus 110, with starting prices of Rs 58,500 and Rs 47,300, respectively.

Hero MotoCorp manufacturing plants to remain shut for 4 days till Aug...

In a regulatory filing, Hero MotoCorp said its manufacturing facilities will be closed from August 15 to 18, 2019.

16 Aug 2019 12:40 PM IST

Startups have also appealed that the government should also consider eliminating Minimum Alternate Tax for startups, which are DIPP certified.

CBDT's procedure for pending angel tax assessment cases to help...

Government is seeking to calm the nerves of startups worried about angel tax.

16 Aug 2019 10:26 AM IST

Paytm has revamped its app to make it even more user friendly and intuitive.

Paytm to invest Rs 750 cr to reach 250 million monthly active users by...

Paytm currently has a monthly active user base of around 140 million.

16 Aug 2019 10:24 AM IST

The survey finds investment as the key driver that can create a self-sustaining virtuous cycle in India.

Insuretech firm SE2 opens Pune centre

SE2 is the technology-driven third-party administration services provider for many of the top US life insurance and...

16 Aug 2019 1:19 AM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC investing Rs 83,000 cr in 25 projects; cumulative oil, gas gain...

The firm produced 24.23 million tonne of crude oil in the 2018-19 fiscal year and 25.81 billion cubic metres of natural...

15 Aug 2019 5:06 PM IST

Automobile sales fell 18.66 per cent in December 2016 to 1.2 million units against 1.5 million in the same month in 2015.

Passenger vehicle output down 13.18 pc in Apr-Jul as major cos cut...

PV production in the April-July period stood at 12,13,281 units as against 13,97,404 units in same period last fiscal.

15 Aug 2019 1:07 PM IST

Saudi Aramco will take full ownership and integrate the refinery into its growing downstream portfolio.

Saudi Arabia to regain India's top oil supplier spot after Reliance...

A refinery in India can also be a base for it to export fuel to deficit countries in Europe and the Americas.

15 Aug 2019 12:53 PM IST

IL&FS declined to comment on the findings within the report.

IL&FS may not have disclosed bad loans for years: RBI report

The Indian government took control of IL&FS late last year after it defaulted on some of its debt.

15 Aug 2019 9:39 AM IST