Business, Companies, 12th Jan 2017, News & Stories from India

Thursday, Apr 25, 2024 | Last Update : 12:39 PM IST

Business Companies 12 Jan 2017

Business, Companies, 12 Jan 2017

TCS names Rajesh Gopinathan as MD and CEO

Mr Gopinathan takes over from Mr N Chandrasekaran who has been appointed as the Chairman of Tata Sons Ltd, effective February 21, 2017.

12 Jan 2017 8:50 PM

Bharti retail outlets will be used as touch points for the payments bank and within Airtel, a target has been set to convert 100 million of the 270 million customers to Airtel bank account.

Airtel rolls out payments bank, to invest Rs 3,000 cr

Mobile numbers of Airtel customers opening account in the payments bank will become their account number.

12 Jan 2017 8:21 PM

On the volume front, 2.62 lakh shares of the company were traded on BSE and over 59 lakh shares changed hands at NSE during the day.

Infosys shares up over 3 pc ahead of Q3 earnings

Shares of the company rose by 0.87 per cent to end at Rs 2,343.30 on BSE.

12 Jan 2017 7:58 PM

Natarajan Chandrasekaran has been credited with a complete overhaul of TCS, largest private sector employer in country. (Photo: File)

TCS CEO N Chandrasekaran named new Tata Sons chairman

Tata Sons board zeroed in on Chandra’s name as he was widely considered an insider who understood Tata Group very well.

12 Jan 2017 6:35 PM

This necessitated for the airline to keep some seats reserved for them on aircraft flying on domestic routes.

AI to reserve 6 seats for women on domestic routes

Woman travelling with their family members would not be entitled to these seats.

12 Jan 2017 6:20 PM

Tata Capital Housing reduces home loan rate by up to 35 bps

For home loan up to Rs 75 lakh, rate has been reduced to 8.75 per cent from 9.10 per cent.

12 Jan 2017 5:14 PM

An agreement with SpiceJet, which has a current fleet of 40 planes, would be a much-needed boost for Boeing in India

SpiceJet to tap India's booming air travel market

The low-cost carrier is set to seal an order for at least 90 new 737 jets from Boeing.

12 Jan 2017 4:53 PM

Idea raised Rs 1,500 crore on December 13 and Rs 1,000 crore on January 4 through issue of debentures on private placement.

Idea Cellular to raise Rs 500 cr via NCDs

Shares of Idea ended 3.22 per cent down at Rs 72.2 apiece on BSE.

12 Jan 2017 4:45 PM

Revenue of Tata Consultancy Services was up 8.7 per cent at Rs 29,735 crore in the third quarter of 2016-17.

TCS Q3 net profit up 11 per cent to Rs 6,778 cr

The company declared a dividend of Rs 6.5 per share and its earnings per share (EPS) stood at Rs 34.40.

12 Jan 2017 4:16 PM

Tata Sons may appoint new chairman today: report

Selection panel has identified Mistry’s successor and an announcement is expected soon.

12 Jan 2017 4:16 PM

Finance Minister Arun Jaitley. (Photo: Twitter/ANI)

Arun Jaitley to launch India’s first payments bank today

Airtel Payments Bank is a subsidiary of country's leading cellular operator Bharti Airtel.

12 Jan 2017 3:48 PM

Shares of NTPC were trading 2.89 per cent higher at Rs 169.15 apeice on BSE.

NTPC signs deal to take over Chhabra thermal power plant

Rajasthan cabinet cleared proposal to divest equity of four units of thermal power plants last year.

12 Jan 2017 11:40 AM

Adani Ports to raise Rs 3,400 crore in foreign currency bonds

Issue will mature on Jan 19, 2022 and interest rate on notes payable at 3.95 per cent semi annually.

12 Jan 2017 11:12 AM

VW admitted installing software in diesel engines on nearly 600,000 VW, Porsche and Audi vehicles in the US that activated pollution controls during government tests

Volkswagen to pay $4.3 billion in emission scandal

Although the cost would bankrupt many companies VW has the money, with $33 billion in cash.

12 Jan 2017 11:11 AM

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Dilip Cherian