Business, Companies, 11th Jul 2019, News & Stories from India

Friday, Apr 19, 2024 | Last Update : 08:21 PM IST

Business Companies 11 Jul 2019

Business, Companies, 11 Jul 2019

Amazon Prime Day sale to feature 500 new products by small and medium businesses

The third edition of Amazon Prime Day sale will be held on July 15-16.

11 Jul 2019 10:52 PM

The new Axis Bank credit card comes with a slew of benefits, including a 1.5 per cent cashback on every purchase, and up to 5 per cent cashback for merchant shopping, including on Flipkart and on its sister concerns like Myntra.

Axis Bank launches co-branded credit card with Flipkart, eyes 1 million new sales

The bank has 6.17 million credit cards in use, making it the fourth largest issuer in the country.

11 Jul 2019 8:02 PM

InterGlobe Aviation's co-promoters Rakesh Gangwal and Rahul Bhatia are locked in a bitter battle with the former seeking intervention of markets regulator Sebi to address the problems.

InterGlobe Aviation shares fall over 3 pc on promoters' dispute

On the BSE, the scrip declined 3.07 per cent to close the counter at Rs 1,354.85.

11 Jul 2019 6:08 PM

KRAS is a 49:51 ratio joint venture between RAFAEL Advanced Systems and Kalyani Strategic Systems (KSSL), with the Indian partner holding 51 per cent. (Photo: AFP | Representational)

Bharat Forge JV firm bags order worth USD 100 mn from Israel defence firm

KRAS is expected to ramp up its employee strength to 300 technical experts by 2023.

11 Jul 2019 3:22 PM

In the farming category, the bank proposes to offer products such as agri crop loan, farm machinery, equipment seeds and fertilisers.

Bank of Baroda to foray into e-commerce business

The bank said it will offer various kinds of banking services and farm-related products on its e-commerce platform.

11 Jul 2019 3:15 PM

InterGlobe Aviation Ltd Chief Executive Officer Ronojoy Dutta downplayed the tussle between the promoters of the country’s largest carrier IndiGo.

SEBI to probe if IndiGo CEO downplayed promoters' tiff: report

Responding to the allegations, SEBI had sought a reply from InterGlobe by July 19.

11 Jul 2019 2:40 PM

Similarly, on NSE, the scrip rose 9.96 per cent to Rs 43.05.

Religare shares surge 10 pc on stake sale in subsidiary

On BSE, the shares hit the upper circuit limit of Rs 42.95, surging 9.99 per cent over its previous close of Rs 39.05.

11 Jul 2019 1:35 PM

As India's largest private sector oil and gas producer, our company aims to double its current contribution of 27 per cent of nation's production, Vedanta's Chairman Navin Agarwal said at its Annual General Meeting. (Photo: File)

Spent Rs 10,000 crore on capital expenditure in FY19: Vedanta

India imports around 80 pc of its oil and gas requirements, amounting to USD 150 billion, said Vedanta's Anil Agarwal..

11 Jul 2019 1:04 PM

In anticipation of Fed cuts, we believe it might be time to become gradually less defensive over the coming months, said Herald van der Linde, HSBC’s head of equity strategy for Asia Pacific.

As Fed rate cut looms, HSBC favours China shares over India

Shanghai shares have gained 17 per cent so far this year. But they slid about 7.6 per cent between early May and early June.

11 Jul 2019 12:30 PM

'HDFC Series V-006 11th July, 2014' secured redeemable non-convertible debentures will have an issue size of Rs 2,000 crore with an option to retain oversubscription up to Rs 3,000 crore. (Photo: File)

HDFC to raise up to Rs 3,000 cr via bonds to augment long-term capital

The proceeds of the issue would be utilised for financing or refinancing the housing finance business, HDFC said.

11 Jul 2019 12:11 PM

Vistara will expand its footprint to other international markets going forward, the release said.

Vistara announces international operations; to launch services to Singapore

Vistara will operate two daily flights to Singapore, one each from New Delhi and Mumbai, starting August 6 and August 7 respectively.

11 Jul 2019 10:58 AM

Venture capital fund Owl Ventures also participated in the funding round and the proceeds will be used for international expansion.

Qatar leads USD 150 million funding for Indian education startup Byju's

Byju’s has so far raised roughly USD 970 million from investors, tracker Crunchbase says.

11 Jul 2019 8:42 AM

Godrej eyes interior services

Godrej Interio, has taken multipronged approach to tap the fast growing home furniture segment in India,

11 Jul 2019 2:00 AM

Though the budget has recently increased the customs duty, palm oil prices were 20 per cent down in Q1FY20.

FMCG firms to report uptick in Q1 margins

Benign raw material prices, low media intensity to help.

11 Jul 2019 1:58 AM

1 of 1

Columns

Mohan Guruswamy