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  Business   Companies  11 Sep 2017

Business, Companies, 11 Sep 2017

Paytm Payments Bank partners with NPCI for RuPay digital card

RuPay-powered digital debit card will be issued to all customers who have opened their bank accounts with PPB.

11 Sep 2017 8:19 PM

Adidas FY17 revenue grows 22 per cent to Rs 1,100 crore

Company recorded a PAT (profit after tax) of Rs 95 crore for the year under review.

11 Sep 2017 8:08 PM

Etihad not exiting investmnent in Jet, says Naresh Goyal

Abu Dhabi-based Etihad had in April 2013 invested Rs 2,069 crore in Jet for 24 per cent equity.

11 Sep 2017 6:35 PM

Jet lowers debt by Rs 2,000 crore, posts Rs 438 crore profit for year ended March

Chairman Naresh Goyal credited the JV with Etihad as one of the major reasons for the improved all-round performance.

11 Sep 2017 5:44 PM

ITC to go in new areas as part of diversification

ITC is planning to strengthen businesses and value chains to create 10 million sustainable livelihoods by 2030.

11 Sep 2017 5:31 PM

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Facebook fined $1.4 mn in Spain over users' data privacy

Agency claims FB collected personal data from its users in Spain without obtaining their unequivocal consent.

11 Sep 2017 5:19 PM

After Jio, Airtel starts data-based 4G voice call service

Airtel, largest telecom operator in terms of subscriber base, says service sans any extra data charges.

11 Sep 2017 4:41 PM

Coal India to begin auction of 25 mt coal for non-regulated sector by Dec or Jan 

The Cabinet had last year approved coal supply through the auction route to non-regulated sectors.

11 Sep 2017 3:58 PM

SC tells realty major Jaypee Infratech to deposit Rs 2,000 crore

Apex court allows Jaypee to raise Rs 2,000 cr by selling land or any properties with prior approval of IRP.

11 Sep 2017 3:34 PM

SC orders Jaypee Infratech to deposit Rs 2,000 crore

The Supreme Court also asked the NCLT-appointed insolvency resolution professional to take over management of the company.

11 Sep 2017 2:15 PM

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Car sales up 11.8 per cent; passenger vehicle up 13.76 per cent in Aug

According to the data released by the SIAM passenger vehicle sales were at 2,94,335 units in August.

11 Sep 2017 2:02 PM

Modi-Abe to lay foundation stone for India's first bullet train

Japanese Prime Minister Shinzo Abe is arriving in India on Sept 13 and likely to sign 10 MoUs with govt.

11 Sep 2017 1:07 PM

IndusInd Bank, Bharat Financial enter into merger talks

The two financial firms had long been speculated to be interested in a deal that many predict could proceed as a share swap.

11 Sep 2017 12:54 PM

ExxonMobil slashes 20-year LNG price to India in bad omen for producers

India has been aggressive in seeking cheaper deals, also renegotiating a contract with Qatar in 2015.

11 Sep 2017 12:24 PM

Auto industry gears up for govt's electric vehicles push

A new auto policy with roadmap for electric vehicles is in works and likely to be made public before year-end.

11 Sep 2017 11:26 AM

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Infosys acquires Brilliant Basics, expands Digital Studios network

Brilliant Basics was a 100 per cent management owned firm with co-founder and CEO owning 85.5 per cent.

11 Sep 2017 11:07 AM

Infosys aims to hire around 6,000 engineers per year

Mr Rao said over one million graduates pass out each year, which may look like a large number but only 20-30 per cent of that is quality talent.

11 Sep 2017 3:17 AM

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