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  Business   Companies  14 Feb 2019

Business, Companies, 14 Feb 2019

PNB to e-auction 4,000 properties to reclaim loans

• According to the bank, the action will help in achieving the recovery of Rs 26,000 crore during current FY 2018-19.

14 Feb 2019 2:34 PM

Fortis posts Rs 180 cr loss for Oct-Dec quarter

The company had posted a net loss of Rs 19.10 crore for the corresponding period of the previous fiscal.

14 Feb 2019 2:00 PM

Goair CEO Vrieswijk quits within nine months

Dutch national joined Goair only last June after the departure of Wolfgang Prock-Schauer in December 2017.

14 Feb 2019 1:25 PM

Edelweiss, Bank of Singapore sign MoU for strategic partnership

"This is the first time that an Indian wealth manager of Edelweiss' size and stature is partnering with an offshore private bank,": EFS.

14 Feb 2019 1:12 PM

Larsen & Toubro lnfotech to acquire Germany's Nielsen+Partner for EUR 28 mn

The acquisition is subject to customary closing conditions which are expected to get completed within six weeks.

14 Feb 2019 1:08 PM


Airbus to scrap production of A380 superjumbo

Airbus will produce 17 more of the planes including 14 for Emirates and 3 for Japanese airline ANA.

14 Feb 2019 1:05 PM

Nestle expects pick up in sales growth to be maintained

Nestle's organic sales grew 3 percent in the full year, accelerating to 3.7 percent in the final quarter.

14 Feb 2019 1:01 PM

Yes Bank shares zoom 30 per cent; m-cap rises by Rs 8,590 crore

The shares after opening the day on a positive note further skyrocketed 28.95 per cent to Rs 218 on BSE.

14 Feb 2019 11:49 AM

Central trade unions extend support to 3-day strike by BSNL staff

The ten central trade unions that extended their support to the proposed strike included INTUC, AITUC, HMS, and CITU amongst others.

14 Feb 2019 11:39 AM

Tata Steel UK CEO Bimlendra Jha resigns

An email query sent to Tata Steel seeking comment over the resignation remained unanswered.

14 Feb 2019 11:31 AM


HP expands premium play in India with new laptops

The company has unveiled a leather-covered convertible PC Spectre Folio that is priced at Rs 1.99 lakh.

14 Feb 2019 11:27 AM

No resource crunch: GICHF

As on December 31, 2018, the average cost of fund stood at 8.01 per cent whereas its incremental cost of fund was at 8.80 per cent.

14 Feb 2019 1:55 AM