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  Business   Companies  11 Aug 2017

Business, Companies, 11 Aug 2017

SAIL clocks net loss of Rs 801 crore on higher coal prices

In the Q1 FY2017-18, SAIL bore an impact of 115 per cent higher price on account of imported coal.

11 Aug 2017 8:48 PM

CCI rejects complaint of 'abuse of dominant position' against Tata Housing

The complaint was in regard to sale of a flat in Pune.

11 Aug 2017 6:55 PM

Demerger of RCap's home finance business gets NCLT nod

NCLT approved demerger and vesting of demerged undertaking from Reliance Capital Ltd to Reliance Home Finance Ltd.

11 Aug 2017 6:15 PM

Mohandas Pai pitches for Murthy's return to Infosys as Chairman Emeritus

Pai bracketed Murthy, along with J R D Tata and Dhirubhai Ambani, as the three biggest business icons India has ever produced.

11 Aug 2017 5:44 PM

Shell companies: SAT lifts trading curbs on Parsvnath, 5 others

Sebi on August 7 had asked stock exchanges to restrict trading in shares of 331 suspected shell companies.

11 Aug 2017 5:34 PM


Ishaat Hussain steps down from Bombay Dyeing board

Hussain joined the board as executive director in July 1999 and then took over as finance director in July 2000.

11 Aug 2017 5:17 PM

SBI post-merger Q1 net jumps 3-fold to Rs 3,105 crore

SBI had reported a net profit of Rs 867.32 crore in the same quarter of last fiscal.

11 Aug 2017 3:05 PM

NCLT admits insolvency petition of IDBI against Jaypee Infra

Allahabad bench of NCLT has admitted the petition filed by IDBI Bank under Section 7 of Insolvency and Bankruptcy Code 2016.

11 Aug 2017 11:40 AM

Airtel stake sale in tower arm credit positive: Moody's

Moody's Investors Service rated 3.65 per cent stake sale in Bharti Infratel as credit positive for Airtel.

11 Aug 2017 11:30 AM

JKumar Infra, Prakash Ind shares tank up to 20 per cent

JKumar Infraprojects shares opened at Rs 226.95 plunging 19.98 per cent against Rs 283.65 on BSE.

11 Aug 2017 11:19 AM


MSME approaches Finance Ministry to exempt Khadi from GST

At present only Khadi yarn produced in the sector is exempted, while other Khadi products attract a 5 per cent gst levy.

11 Aug 2017 10:14 AM

Ola raises Rs 231 crore from Tekne Private Ventures

Company ran up a consolidated loss of over Rs 2,311 crore about Rs 6 crore a day during 2015-16.

11 Aug 2017 9:44 AM

Bharti Airtel CEO sells stake in firm to Bharti Telecom

Bharti Airtel sold 1.21 lakh shares of the company to promoter firm Bharti Telecom for over Rs 5 crore.

11 Aug 2017 9:42 AM

Softbank to invest over $2.5 billion in Flipkart

Following the infusion, Softbank has become one of the largest shareholders in the domestic etailer.

11 Aug 2017 1:13 AM

Tata Motors calls off talks with Skoda

The two companies, however, have decided to keep in touch for future areas of collaborations.

11 Aug 2017 1:09 AM