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PM Modi has set an ambitious target of nearly tripling the countrys total renewable energy capacity to 175 gigawatt (GW) by 2022, spurring global firms including Japans SoftBank and Goldman Sachs to invest in solar projects in India. (Photo: PTI | Representational)Business
Suzlon defaults on USD 172 million bonds, may offload stake

The outstanding payment was part of a total bond issuance of 546.91 million dollars.

17 July 2019 11:04 AM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)Business
Lenders of bankrupt Jet Airways to attempt to sell carrier again

An SBI-led consortium of 26 banks has informed the resolution professionals that Jet Airways owes them about 85 billion...

17 July 2019 10:00 AM IST

Azim PremjiBusiness
Wipro to outshine previous performance: Azim Premji

Premji reminisced Wipro's journey from a small vegetable oil company to a leading information technology company.

17 July 2019 9:20 AM IST

BSNL had recently said BSNL-MTNL combination will be \advantageous\ for both firms, given the synergies in areas like enterprise and mobile businesses.Business
Group of Ministers discusses revival of BSNL, MTNL

This is the second time a GoM has been constituted for revival of the two ailing public sector firms.

17 July 2019 9:16 AM IST

Once activated, the in-app SOS button generates a trigger alert to OYOs Safety Response Team with the guest, booking, location and emergency contact details.Business
Oyo buys Innov8 to enter commercial real estate

Though the company did not disclose the deal size, sources said that it could be a $30 million all-stock deal.

17 July 2019 7:07 AM IST

After the Russian company acquired Essar Oils assets, including its fuel retail outlets, about two years back, Nayara is making ambitious plans to increase its fuel retails to over 7,000 by 2020.Business
Nayara Energy to enter petchem, expand fuel outlets

With the expansion plans, Nayara will remain the largest private fuel retailer in the country.

17 July 2019 6:56 AM IST

DHFL stock plunged more than 3.5 per cent on Tuesday on reports that the MHA had issued a lookout notice against the promoters of the company over non-existent shell companies.Business
NSE to exclude DHFL shares from equity derivatives segment from Sept...

DHFL had said the developments in past few quarters threaten its ability to continue as a going-concern.

16 July 2019 7:34 PM IST

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.Business
Sebi provides new format for compliance report on corporate governance

In a circular, Sebi prescribed new format for disclosures to be made on quarterly basis, annual basis for whole...

16 July 2019 7:14 PM IST

The missile can target aircrafts flying at 18 km altitude and has a range of 30 km, a Defence Ministry statement said. (Photo: ANI)Business
Expect Rs 25,000-crore order book by 2024: Defence PSU

Barring one export order, all others came from the Indian defence forces, said Bharat Dynamics Ltd CMD Siddharth Mishra.

16 July 2019 6:26 PM IST

At present, Coca-Cola company and its bottlers in India annually procure 70,000 metric tonnes of mango pulp worth Rs 500 crore.Business
Coca-Cola appoints Sarvita Sethi as VP M&A for India & South West Asia

Sethi, a qualified chartered accountant, has worked across North Western Europe and Central and Southern Europe zones.

16 July 2019 1:57 PM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.Business
DHFL shares bounce back; jump 6 per cent

The scrip jumped 5.97 per cent to Rs 51.40 on the BSE.

16 July 2019 12:00 PM IST

Shares of Shriram Transport Finance Company were trading 1.40 per cent higher at Rs 1,238.95 apiece on BSE.Business
Shriram Transport to raise upto Rs 10,000 crore through public issue...

The company is coming out with its Tranche 1 Issue of NCDs having a base size of Rs 300 crore.

16 July 2019 10:01 AM IST

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