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  Business   Companies  12 May 2019

Business, Companies, 12 May 2019

Loan defaulters have no right to have lawyer in 'in-house' proceedings of banks: SC

Supreme Court has ruled that the right to be represented by a lawyer does not extend to in-house proceedings.

12 May 2019 6:41 PM

Positive sentiment in mfg sector in Q4, capacity utilisation up at 80pc: FICCI survey

About 40 per cent respondents reported plans for capacity additions for the next six months.

12 May 2019 6:29 PM

COAI approaches DoT to stop sale of mobile signal boosters on e-commerce sites

COAI told DoT, sale of such illegal items not only violates norms but also hampers service quality for subscribers.

12 May 2019 6:18 PM

Imminent crisis in NBFC sector: Corporate Affairs Secy

The financial system has been grappling with multiple woes in the wake of the turmoil at IL&FS group.

12 May 2019 5:09 PM

Telengana's SCCL expedites coal mining projects to meet fuel needs of power plants

To overcome the power deficit, Telangana government has embarked on an action plan for capacity addition of around 6,000 MW.

12 May 2019 4:03 PM


Jaypee Infratech insolvency: Lenders ask NBCC to withdraw some conditions

Lenders wrote a letter to NBCC late on Friday regarding this matter,

12 May 2019 2:39 PM

Dalmia Bharat Q4 profit jumps over 2-fold to Rs 264 cr

The company had posted a net profit of Rs 124 crore in the January-March quarter a year ago, Dalmia Bharat said.

12 May 2019 2:11 PM

Logistics major DB Schenker aims to double warehousing space to 7 million sq ft

The company expects its top-line from the logistics businesses comprising of contract logistics for companies.

12 May 2019 2:02 PM

4-wheeler EV adoption to take time, to focus on two and three-wheelers: Ola

The company is now focussing on deploying 10,000 electric vehicles.

12 May 2019 12:30 PM

Honda to continue selling diesel models in India

The auto major plans to start rolling out models with upgraded BS-VI engines in both petrol and diesel.

12 May 2019 12:25 PM


PMO wants quick disinvestment of Air India subsidiaries

Air India has a total debt burden of around Rs 55,000 crore.

12 May 2019 12:12 PM

Reliance entry to digitise 5 million kirana stores by 2023: Report

Reliance is looking at installing its Jio MPoS device at kirana stores to connect neighbourhood suppliers.

12 May 2019 11:25 AM