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  Business   Companies  12 May 2018

Business, Companies, 12 May 2018

Oriental Bank of Commerce Q4 net loss widens to Rs 1,650 cr

Total income in the entire 2017-18 fiscal stood at Rs 20,181.25 crore, lower from Rs 21,187.85 crore.

12 May 2018 3:53 PM

Walmart may launch IPO for Flipkart in as early as four years

Walmart announced earlier this week that it will pay $16 billion for a roughly 77 per cent stake in Flipkart.

12 May 2018 1:54 PM

CCI approves JSW-led consortium bid to acquire Monnet Ispat

JSW Steel is a part of the diversified USD 12 billion JSW Group, which has presence in steel, energy, infrastructure, cement.

12 May 2018 1:14 PM

Jio's Rs 199 post plan likely to trigger tariff war: experts

Jio's post-paid tariffs are sharply lower compared to the current tariff plans offered by incumbents.

12 May 2018 12:12 PM

RBI puts Dena Bank under prompt corrective action

In value terms, the gross NPAs or bad loans rose to Rs 16,361.44 crore from Rs 12,618.73 crore.

12 May 2018 11:18 AM


Centre clears FDI proposals worth Rs 3,250 crore

Department of Economic Affairs stated that a total of five proposals were disposed of, out of which three were approved.

12 May 2018 11:02 AM

Abu Dhabi oil giant to pick up stake in Ratnagiri refinery project

Saudi Arabia was the biggest oil supplier to India till 2016-17, but slipped behind Iraq last fiscal.

12 May 2018 10:53 AM

Industrial output dips to 4.4 per cent

However, despite a low growth RBI is not expected to cut interest rates in the next policy review meeting due to concerns over inflation.

12 May 2018 12:17 AM