Home » Business » Companies

Companies - Page 163

Another 29 per cent would maintain the same level of investment in PE and in total 75 per cent of the ultra rich are positive about private equity investment.

Ultra-rich to raise PE allocation

About 46 per cent of ultra rich are likely to increase their investment to private equity as an asset class in 2019.

22 May 2019 3:30 AM IST

The mutual fund schemes cannot invest in physical goods except in gold through ETFs. They can investment in ETCDs through hybrid schemes and Gold ETFs.

Mutual Fund allowed in commodity derivatives

Sebi has also laid down a few riders for the mutual funds.

22 May 2019 3:26 AM IST

Reliance Jio free 4G services have reduced profit of Airtel by more than half, lowered Vodafone Indias profit and pushed Idea Cellular into first ever quarterly loss.

Airtel, Vodafone Idea lose 30 mn customers; Jio adds 9.4 mn users in...

India's total wireless subscriber base fell to 1,161.8 million on March 31, 2019, shedding 21.87 million users over the...

21 May 2019 7:46 PM IST

Virgin Atlantic has taken one of their commuter Boeing 747-400 aircraft, called the Cosmic Girl, and modified it heavily to make the rocket launch possible. (Photo: Virgin Orbit)

Virgin Atlantic to resume Mumbai-London flight from Oct 27

The London-Mumbai flight will be available from booking from May 28 and the services on the route will restart from...

21 May 2019 7:40 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI to create specialised supervisory and regulatory cadre

A decision to this effect was taken at a meeting of the Central Board here under the Chairmanship of RBI Governor...

21 May 2019 7:33 PM IST

L&T market capitalisation to touch Rs 3 lakh crore in five years: AM...

Naik narrated how he aspired to be a manager in L&T and retire when he would get Rs 1,000 salary.

21 May 2019 6:32 PM IST

George Alexander Muthoot, the managing director of Muthoot Finance said, 60 per cent of the issue is allocated to retail and high networth individual investors.

Muthoot Finance offers loan of up to Rs 10 lakh to salaried class in...

Muthoot Finance will give unsecured loans of Rs 1-10 lakh at an interest rate of 13.5-23 per cent to salaried class...

21 May 2019 6:13 PM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

NCLAT reserves order on ArcelorMittal takeover of Essar Steel

Essar Steel has reported an Ebitda of around Rs 4,000 crore during the over 600 days of insolvency period.

21 May 2019 5:22 PM IST

India has requested the US to exempt it from the hefty tariffs on steel and aluminium imports.

Steel industry stares at production disruption in 2020: Report

The credit profile of merchant miners and thus non-integrated steel players could come under stress.

21 May 2019 5:13 PM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

Reliance topples IOC to become the biggest Indian company

Reliance in the 2018-19 fiscal year that ended March 31, reported a turnover of Rs 6.23 lakh crore.

21 May 2019 2:36 PM 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)

Jet Airways' employees hold protest outside Civil Aviation Ministry

The protests come amid the State Bank of India-led consortium of lenders struggling to find a buyer for the airline.

21 May 2019 1:33 PM IST

Flipkart on Tuesday said it has completed the merger with eBay Indias operations.

NCLAT to hear online vendors' plea against CCI order on Flipkart

NCLAT has also approved the delay of 12 days in filing appeal against the order of the CCI.

21 May 2019 1:13 PM IST