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  Business   Companies  19 Apr 2019

Business, Companies, 19 Apr 2019

Post Jet Airways crisis, SpiceJet hires more than 100 pilots, staff

The crisis in Jet Airways has out around 20,000 jobs at stake.

19 Apr 2019 9:09 PM

Airtel's Rs 25,000-crore rights issue to open on May 3

Bharti Airtel has already fixed April 24 as 'record date' to determine shareholders' eligibility to apply for equity shares.

19 Apr 2019 7:38 PM

BBB identifies 75 senior officers for leadership roles in PSBs

It has made a case for giving a complete autonomy to banks to decide organisational structure for better efficiency.

19 Apr 2019 6:25 PM

Reliance to start gas production from R-Cluster in 2nd half of FY21

Reliance and its partner BP Plc had in 2017 announced an investment of Rs 40,000 crore in three sets of discoveries.

19 Apr 2019 6:16 PM

Jaypee flat possession delay: Buyers demand suspension of EMIs

Around 22,000 homebuyers are stuck due to significant delay in delivery of flats by debt-ridden firm Jaypee Infratech.

19 Apr 2019 5:38 PM

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New management committed to ensure good governance, says Religare Enterprises

The company has the full support of its shareholders to bring to justice erstwhile promoters and management, company statement said.

19 Apr 2019 5:08 PM

Jet Airways crisis: Lenders explore ways to use 15 planes, protect valuable assets

Banks had rejected emergency funding request of Jet Airways that forced it to ground operations.

19 Apr 2019 4:22 PM

TikTok's parent ByteDance plans USD 1 bn investment in India in next 3 years

The company would also be increasing the number of employees in India to 1,000 people by the end of this year.

19 Apr 2019 4:05 PM

Airtel Payments Bank partners with Bharti AXA for two-wheeler insurance

Customers without an Airtel Payments Bank account can also avail this policy.

19 Apr 2019 2:32 PM

Air India chairman may meet SBI chief over leasing Jet Airways planes

The SBI-led consortium of lenders are now running the Jet Airways under a debt recast plan.

19 Apr 2019 2:12 PM

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India still not power-surplus nation; energy deficit at 0.6 pc in 2018-19

Central Electricity Authority report had indicated that India would be a power-surplus country in 2018-19.

19 Apr 2019 1:30 PM

Non-life insurers witness 13 per cent rise in premium in FY19

Non-life insurers registered 13 per cent increases in their collective premium income to Rs 1.70 lakh crore in FY19

19 Apr 2019 1:14 PM

Alibaba head's remarks spark debate over China working hours

Online complaints included blaming long work hours for a lower birth rate in the country.

19 Apr 2019 10:55 AM

Uber wins USD 1 billion investment from Toyota, SoftBank fund

Toyota has already invested USD 500 million in Uber as the firm races Google-owned Waymo.

19 Apr 2019 9:48 AM

Air India offers special fares to Jet Airways stranded int'l passengers

Jet Airways will be allowed to avail special stranded passenger fares from the destinations common with Air India.

19 Apr 2019 8:56 AM

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DGCA asks Jet Airways to file a ‘credible’ revival plan

The DGCA would also be asking the company for a concrete and credible revival plan to restart suspended operations.

19 Apr 2019 3:06 AM

Jet will fly again, say banks

At its peak, Jet operated 123 planes and over 600 daily flights. It was flying just seven planes on Tuesday.

19 Apr 2019 2:35 AM

Reliance Jio’s Q4 profit jumps 64 per cent to Rs 840cr

Earning per subscriber, however, declined to Rs 126.2 a month from Rs 130 in the previous quarter.

19 Apr 2019 2:34 AM

Reliance posts highest quarterly net profit in Q4

In full year 2018-19, the company posted a record Rs 39,588 crore net profit on a revenue of Rs 6,22,809 crore.

19 Apr 2019 2:33 AM

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