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  Business   Companies  12 Oct 2017

Business, Companies, 12 Oct 2017

RIL up 4 per cent; mcap zooms to record Rs 5.5 lakh crore ahead of Q2 results

At NSE, shares of the company rose by 3.88 per cent to end at Rs 872.75.

12 Oct 2017 8:18 PM

Trade bodies welcome Air India Express flight to Singapore

Flights from New Delhi-Coimbatore-Singapore sector, to be operational from November 18.

12 Oct 2017 7:41 PM

Airtel to acquire struggling Tata Tele on 'no-debt, no-cash'

Earlier in the week, Tata Group chairman N Chandrasekaran had said that Tata Teleservices was in a debt of Rs 31,000 crore.

12 Oct 2017 7:01 PM

State-run GIC Re's $1.75 bn IPO subscribed 90 per cent by 2nd day

The institutional portion of the sale has been subscribed nearly 1.7 times, according to the data.

12 Oct 2017 6:14 PM

Aamby Valley auctioning: SC irked over Sahara's letter to cops

The Supreme Court was hearing SEBI's plea against the Sahara group for allegedly obstructing the auction of Aamby Valley.  

12 Oct 2017 5:05 PM


TCS shares end nearly 2 per cent higher ahead of earnings

Company's market valuation also surged Rs 9,198.76 crore to Rs 4,87,865.76 crore.

12 Oct 2017 4:51 PM

Loss-making Tata Teleservices to merge with Bharti Airtel Ltd

Bharti Airtel said the merger will bolster its spectrum in 1800, 2100 & 850 MHz bands, all widely used for 4G.

12 Oct 2017 4:30 PM

Mutual funds log Rs 2 lakh crore inflows in Apr-Sep FY'18

Equity and ELS attracted over Rs 80,000 crore, balanced funds received over Rs 47,000 crore.

12 Oct 2017 4:30 PM

Bajaj Corp Q2 net profit down 13 per cent at Rs 51 crore

Company had posted a net profit of Rs 58.29 crore during the same period of the previous fiscal.

12 Oct 2017 4:19 PM

Bitcoin surges through USD 5,000-mark for first time

Just like other currencies, bitcoins can be exchanged for goods and services -- or for other currencies.

12 Oct 2017 3:40 PM


IT industry alleys job seekers' fears, says hiring pattern intact

Experts also say IT companies continuing to grow, there is nothing abnormal on recruitment front.

12 Oct 2017 2:50 PM

Paytm eyes 5-fold growth in gold sales on Dhanteras

Paytm plans to invest Rs 10 crore in marketing to bring more customers on board.

12 Oct 2017 2:41 PM

IndusInd Bank Q2 profit rises 25 per cent to Rs 880 crore

Bank had a net profit of Rs 704.26 crore in the July-September quarter of the last fiscal.

12 Oct 2017 2:35 PM

IOC drops plans to merge Chennai Petroleum with itself

IOC has major dealings with the US including recent buying of US oil.

12 Oct 2017 2:23 PM

PVR Cinemas launches 'PVR Privilege' program to benefit its customers

Loyalty program aims at offering its members an enriched array of first-class redemption opportunities and enhanced benefits.

12 Oct 2017 2:10 PM


Jio's 'Diwali Dhan Dhana Dhan' offer promises 100 per cent cashback

The recharge will lock in all the existing tariff benefits currently being offered under the Rs 399 plan.

12 Oct 2017 1:56 PM

Flipkart commits $500 mn investment in payments arm PhonePe

Commitment is in addition to USD 75 million infused by Flipkart in PhonePe since the acquisition in 2015.

12 Oct 2017 1:24 PM

SBI's SME Assist to provide short-term loans to MSME clients

The SME customers of the bank can avail loan under the facility till March 31, 2018.

12 Oct 2017 1:02 PM

Naresh Goyal promoted Jet Airways confirms order for 75 Boeing aircraft

Jet said in a statement that deliveries of the single aisle jets are expected to start in mid-2018.

12 Oct 2017 12:19 PM

Monsanto settles GM cotton dispute with three Indian seed firms

Monsanto says NSL, based in the southern city of Hyderabad, owes it more than $20 million in royalty payments.

12 Oct 2017 12:07 PM