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  Business   Companies  22 Jul 2019

Business, Companies, 22 Jul 2019

Will pay creditors entire outstanding amount; complete projects in 3 yrs: Jaypee Infratech

A two-member bench asked the promoter of Jaypee Infratech to file written submissions over exclusion of time frame.

22 Jul 2019 7:56 PM

How oil-to-chemicals integration worked for RIL

An oil-to-chemical strategy was developed by Reliance to transition the Jamnagar refinery from fuels producer to chemicals producer.

22 Jul 2019 4:21 PM

LIC offers Rs 1.25 lakh cr line of credit by 2024 to fund highway projects: Gadkari

The funds will be raised for 30 years and the interest rate will be revised every 10 years, as per initial plans.

22 Jul 2019 2:59 PM

IL&FS Transportation Networks defaults on NCD interest payment

IL&FS and its subsidiaries have defaulted on many debt instruments over the past few months due to insufficient funds.

22 Jul 2019 2:37 PM

Bombay HC quashes defamation proceedings against Ratan Tata, others

Wadia filed the case in 2016 after he was voted out of the boards of some Tata Group companies.

22 Jul 2019 1:43 PM

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Zee5 plans to emulate Netflix, to have mobile-only tariff packs

Netflix, which tested an Rs 250 monthly plan in India since March, had last week announced a rollout the plan nationally.

22 Jul 2019 12:32 PM

Supreme Court orders status quo in Essar insolvency case

Essar Steel was auctioned under the new IBC to recover Rs 54,547 crore of unpaid dues of financial lenders.

22 Jul 2019 11:29 AM

Reliance mobile operator Jio to focus on subscriber numbers not tariffs

Analysts had predicted that Jio would start raising its tariffs as soon as it reached a critical mass of subscribers.

22 Jul 2019 10:39 AM

MobiKwik aims to clock Rs 500 cr revenue from its payment gateway biz

Taku said the company has a strong focus on enterprise-grade security protocols for its PG business.

22 Jul 2019 9:22 AM

Airtel to seek shareholders' nod for waiver of recovery of excess pay to Mittal

Bharti Airtel will seek the approval at its annual general meeting to be held on August 14 in New Delhi.

22 Jul 2019 9:17 AM

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IndiGo to expand board; to have 4 independent directors

Sebi and the corporate affairs ministry are looking into the alleged governance lapses at InterGlobe Aviation.

22 Jul 2019 9:08 AM

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