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  Business   Companies  12 Mar 2019

Business, Companies, 12 Mar 2019

Facebook Hubs to support startups

Facebook said it has partnered with 91springboard for a year-long programme to help startups and entrepreneurs scale up their businesses.

12 Mar 2019 6:41 PM

Yatra to review takeover proposal of Ebix

US-based software firm Ebix Inc on Monday announced that it had offered to acquire Yatra Online for USD 336 million (over Rs 2,345 crore).

12 Mar 2019 5:30 PM

SBI to auction Rs 2,338 cr worth NPAs on March 26

SBI said except Mittal Corp and Shree Vaishnav, other auctions will be conducted under the Swiss Challenge method on March 26.

12 Mar 2019 5:09 PM

Drivezy in talks to raise USD 100 mn funding, eyes international expansion

Drivezy (formerly JustRide) has till date raised equity investments of USD 31 million.

12 Mar 2019 3:38 PM

Bank of India raises Rs 660 cr by selling shares to employees

The bank issued 6,25,52,188 shares of Rs 10 each to eligible employees, BoI said in a statement.

12 Mar 2019 3:07 PM


HDFC Life shares drop over 5 pc on stake sale announcement

After the stake sale, Standard Life's holding in the insurance company will come down to 24.27 per cent.

12 Mar 2019 2:58 PM

Birlasoft completes merger with KPIT's IT services division

The integration would enable the company to deliver a wider suite of capabilities, said Amita Birla, Chairperson, Birlasoft.

12 Mar 2019 1:49 PM

Godfrey Phillips says it is in complete compliance with India's FDI norms

Per media reports, Philip Morris for years paid manufacturing costs to Godfrey Phillips to make Marlboro cigarettes.

12 Mar 2019 12:42 PM

Bharti Airtel to slash direct stake in Infratel

Bharti Airtel Ltd will slash its stake in the telecom tower company by more than half to 18.3 per cent.

12 Mar 2019 10:44 AM

Jet Airways denies report of new USD 293 million loan from PNB

Jet Airways is saddled with more than a billion dollars in debt and its shares jumped 4.8 per cent.

12 Mar 2019 9:22 AM


In shadow of Ghosn, Nissan, Renault and Mitsubishi meet to hash out future

Nissan holds a 15 per cent, non-voting stake in Renault, whose top shareholder is the French government.

12 Mar 2019 9:16 AM

NCLAT pulls up RCom lenders over Rs 37,000 cr asset sale 'golden outlook'

The NCLAT has asked all the lenders to file a two-page note over that and directed to list the matter on Tuesday.

12 Mar 2019 8:53 AM

Tata Steel BSL nod for issuance of 11.09 pc shares to Tata Steel

The proposals were approved in an extraordinary general meeting, chaired by Tata Steel BSL Chairman T V Narendran.

12 Mar 2019 8:52 AM