Home » Business » Companies

Companies - Page 219

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

Hemant Bhargava ceases to be Non Executive Chairman of IDBI Bank

IDBI Bank is now a private sector lender following acquisition of majority stake by LIC.

15 March 2019 3:42 PM IST

Shares of Allahabad Bank closed 1.96 per cent down at Rs 87.70 on BSE.

Allahabad Bank to raise capital next fiscal

The bank is targeting to raise Rs 250 crore to Rs 300 crore by selling non-core assets, like properties.

15 March 2019 3:40 PM IST

The six lane Delhi-Agra Toll Road. (Photo: ANI)

Reliance Infrastructure offloads stake in Delhi-Agra Toll Road to...

Reliance Infrastructure will utilise proceeds of this transaction entirely to reduce its debt, it said in regulatory...

15 March 2019 12:47 PM IST

Homebuyers have been protesting after NCLT admitted IDBI Banks insolvency plea against Jaypee Infratech. Photo: Representational/PTI

Jaypee Infratech lenders aks NBCC, Suraksha Group to sweeten bids

The CoC will soon formally write to both the bidders to submit revised bids based on the discussions held.

15 March 2019 10:52 AM IST

The Cabinet on Wednesday relaxed rules for state-owned Coal India Ltd for extraction of natural gas.

CIL board approves second interim dividend of Rs 5.85 per share

Coal India (CIL) accounts for over 80 per cent of the domestic coal output.

15 March 2019 10:45 AM IST

Tech Mahindra to acquire K-Vision for USD 1.5 mn to expand 5G business

The deal between Tech Mahindra and K-Vision was signed on Thursday and is expected to close by end of this month.

15 March 2019 10:36 AM IST

Each of the recipes received from the contestants were recreated by Chef Kalra in the Trident kitchen.

Mrida's Earthspired announces winners for its All India Recipe Contest...

Earthspired All India Recipe Contest's First Place winner was Divya Jain from Bangalore.

15 March 2019 10:31 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

RBI categorises IDBI Bank as private sector lender

IDBI Bank has been categorised as a private sector lender following acquisition of majority stake by LIC, RBI said.

14 March 2019 6:49 PM IST

The authority makes it clear that once the construction is complete and possession is given, section 18 of the MahaRERA Act, which allows interest, ceases to exist.(Representational image)

CBRE to hire 3,000 employees in India to grow business

At present, CBRE India has around 8,300 employees who provide various services in the real estate sector.

14 March 2019 5:04 PM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Life insurers register 33 pc growth in new premium income at Rs 18,209...

The life insurers had collected first-time premium worth Rs 13,724.96 crore in same month a year ago.

14 March 2019 3:43 PM IST

Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

Decision on funding to Jet Airways will be on collective basis, says...

The airline has already defaulted on repayments on external commercial borrowings due to the paucity of funds.

14 March 2019 3:22 PM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

BoI to raise Rs 400-500 cr from non-core asset sale this month

The bank had also earlier planned to raise around Rs 800 crore by selling stake in STCI Finance and Sidbi.

14 March 2019 3:14 PM IST