Business, Companies, 17th Feb 2019, News & Stories from India

Thursday, Apr 25, 2024 | Last Update : 09:08 PM IST

Business Companies 17 Feb 2019

Business, Companies, 17 Feb 2019

the audit work for the quarter ended December 31, 2018 was progressing at a slow pace on account of high employee attrition in the past few months and is yet to conclude. (Photo: Twitter)

Kwality Ltd seeks more time to file results

It said that at the time of initiation of CIRP, the audit work although commenced, but was progressing at a slow pace.

17 Feb 2019 5:17 PM

On February 14, Jet Airways' board approved a Bank-Led Provisional Resolution Plan (BLPRP), whereby lenders would become the largest shareholders in the airline. (Photo: File)

Jet Airways likely to get over Rs 3,000 cr funds

Abu Dhabi-based Etihad, is a strategic partner and is expected to pump in around Rs 1,400 crore.

17 Feb 2019 5:07 PM

The upward revision in interest rate on domestic term deposits was for three years to less than five years, five years and above five years. (Photo: Twitter)

Indian Bank revises interest rates on term deposits

The Indian Bank announced upward revision in interest rate on domestic term deposits by 50 bps to 90 bps for amount less than Rs one crore.

17 Feb 2019 4:21 PM

It has also appointed investment bankers for part placement of the group's direct 30 per cent stake in Reliance Power to institutional investors, officials said. (Photo: Twitter)

Reliance Group reaches standstill pact with lenders

Under the pact, the group will pay the principal and interest amounts to the lenders as per the scheduled due dates

17 Feb 2019 4:11 PM

The company had earlier announced its plan to sell 11.15 per cent stake held by the Aditya Birla Group in Indus Towers as well as 1.56 lakh kilometers of optical fibre assets. (Photo: File)

Voda Idea in talks to sell mobile tower stake, optical fibre assets for Rs 20k cr

The country's largest telecom operator plans to use the funds for lowering its debt, which stood at Rs 1,23,660 crore at the end of 2018.

17 Feb 2019 3:24 PM

The total area available for the project is over three lakh sqm, of which greenbelt will be developed in an area of over one lakh sqm covering 33 per cent of the total project area. (Photo: File)

IOC gets "green nod" for storage and distribution terminal in Telangana

The proposal involves setting up petroleum storage and distribution terminal.

17 Feb 2019 2:20 PM

The company already operates 11 centres in the State. (Photo: Twitter)

VLCC to open wellness centres, skill development institutes in TN

The expansion plan was in line with the company's strategy to reach out to more customers.

17 Feb 2019 1:11 PM

Over the last week, the Sensex dropped 737.53 points, or over 2 per cent, to close at 35,808.95 on Friday. (Photo: Twitter)

Nine of top-10 most-valued firms suffer combined erosion of Rs 98,863 cr in m-cap

ITC was the only gainer from the top-10 list.

17 Feb 2019 11:47 AM

The previous chairperson Arundhati Bhattacharya too had initiated a slew of pro-employee measures such as letting them choose the location before transferring a couple of both of them are with the bank, extending sick leave to attend to in-laws health needs, long leaves to help their children during the exams among others. (Photo: File)

SBI takes work-life balance to a new high cutting mechanical lives in the bud

The programme, christened Nayi Disha or the new path, focuses on work-life balance and also involves the staffs immediate family members.

17 Feb 2019 11:07 AM

"With this total number of stores remains to 201 stores in 163 cities across 16 states and total the tally of stores in Bihar to 40," it said. (Photo: Twitter)

V-Mart opens store in Bihar

The company has also closed a store in the state, it said in a BSE filing.

17 Feb 2019 10:35 AM

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Dilip Cherian