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  Business   Companies  22 May 2018

Business, Companies, 22 May 2018

SBI biggest beneficiary of Bhushan Steel sale to Tatas

Tata Steel said Rs 1,200 crore will be paid to operational creditors of BSL over a period of 12 months.

22 May 2018 7:40 PM

Govt wants to sale Air India at an adequate price, says Aviation Secy

The government intends to complete the disinvestment process by this year end.

22 May 2018 7:11 PM

5G to offer USD 27 bn business opportunity for India, says Ericsson

India is aspiring to launch 5G services at par with other technologically advanced nations.

22 May 2018 6:56 PM

Tata Steel to raise Rs 16,500 cr debt to fund Bhushan acquisition

Tata Steel said it will raise Rs 16,500 crore through debt instruments to fund Rs 32,500 crore acquisition of Bhushan Steel Ltd.

22 May 2018 4:38 PM

NCLAT asks resolution professional, NCLT to hold order on Essar Steel

NCLAT would conduct daily hearing from July 23 on the matter.

22 May 2018 4:04 PM


RCom moves NCLAT challenging order allowing plea for its insolvency

Ericsson had signed a seven-year deal in 2014 to operate and manage RCom's nationwide telecom network.

22 May 2018 2:14 PM

Sikka got Rs 13 crore remuneration from Infosys for FY18

Vishal Sikka received Rs 16.01 cr in 2016-17, according to company's annual report for last fiscal, ended Mar 31.

22 May 2018 1:10 PM

Sony to become world's No 1 music publisher

Sony will later on Tuesday unveil its latest strategic plan under new CEO Yoshida.

22 May 2018 12:44 PM

Ola expands to 3 Australian cities

The service has received a strong response from driver-partners with over 30,000 driver-partners registered Australia-wide.

22 May 2018 12:28 PM

Apple-Samsung iPhone design copying case goes to jury

Apple is seeking slightly more than a billion dollars in damages, while Samsung wants a figure closer to USD 28 million.

22 May 2018 11:51 AM


Top executives at fraud-hit PNB misled RBI, CBI alleges

RBI had repeatedly cautioned all banks, including PNB, and had sought details from the banks.

22 May 2018 9:10 AM