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  Business   Companies  17 Jun 2019

Business, Companies, 17 Jun 2019

TV makers pinning hopes on India's performance in world cup for healthy sales growth

Comapny hopes to see India performing well because that is what triggers demand, said Sony India's Sunil Nayyar.

17 Jun 2019 7:02 PM

Banks give up on Jet Airways revival,choose to send it to NCLT

The decision was taken after a meeting of the State Bank of India-led consortium of lenders.

17 Jun 2019 6:34 PM

Facebook to unveil new cryptocurrency

Facebook has already sought blessings from the US Treasury and the Bank of England, the BBC reported last month.

17 Jun 2019 4:19 PM

Airbus launches long-range A321 jet, close to 200 orders expected

Leasing company Air Lease Corp on Monday announced a deal for 100 Airbus planes, including 27 of the A321XLR jets.

17 Jun 2019 3:08 PM

DCC clears imposing penalty on Airtel, Voda Idea; seeks Trai view on fine amount

The penalty on Airtel and Vodafone works out to be about Rs 1,050 crore each.

17 Jun 2019 1:50 PM


Amazon India most attractive employer brand, Microsoft India 2nd: Survey

The survey also noted that the Indian workforce prefers to work for companies operating in sectors like IT, ITeS and Telecom.

17 Jun 2019 1:43 PM

Mumbai traffic police get 'Summer mein Sukoon'

The campaign was aimed at addressing heat & sweat issues faced by traffic police especially during the summer season.

17 Jun 2019 1:28 PM

Reliance Capital sells 10.75 pc stake in RNAM for Rs 1,450 cr

The proceeds will be utilised to reduce Reliance Capital's outstanding debt, the company statement said.

17 Jun 2019 1:26 PM

Direct NCLT Allahabad for early hearing on insolvency plea against JAL: ICICI Bank

A single member NCLT bench of Justice Bansi Lal Bhat directed to list ICICI Bank's plea on July 1 for hearing.

17 Jun 2019 1:18 PM

Jet Airways shares continue to face massive selling pressure; tumble over 18 pc

At NSE, shares plunged 17.94 per cent to a multi-year low of Rs 67.

17 Jun 2019 12:36 PM


PMAI seeks higher export duty on iron ore with over 58 pc Fe content

Export of 58 per cent plus Fe iron ore without value addition need to be discouraged, PMAI said.

17 Jun 2019 12:31 PM

Piramal sells entire stake in Shriram Transport Finance for approx Rs 2,305 cr

As on March 31, 2019, Piramal Enterprises held 2.26 cr shares amounting to 9.96 pc stake in Shriram Transport Finance Company.

17 Jun 2019 11:56 AM

Vedanta lost USD 200 mn in profits in one year of Tuticorin plant shutdown: Agarwal

As many as 20,000 direct and indirect jobs have been lost due to the shutting of the smelter.

17 Jun 2019 11:02 AM

UCO Bank names Yash Birla wilful defaulter, puts notice with photo

UCO Bank also declared directors of seven other companies as wilful defaulters, which have total outstanding of Rs 740 crore.

17 Jun 2019 9:36 AM

Steel industry seeks safeguard duty to counter rise in imports

The proposed duty is to cover under its purview products like semis, flats, longs, pipes and tubes, stainless steel and Railway products.

17 Jun 2019 2:05 AM