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  Business   Companies  23 May 2019

Business, Companies, 23 May 2019

Domestic air passenger growth falls in April due to grounding of Jet Airways

The key reason was grounding of Jet Airways on April 17, which cut the total seat capacity and shrank the market.

23 May 2019 5:50 PM

Reliance Capital to exit mutual funds biz; sells stake to Nippon Life Insurance

Reliance Capital said it has signed binding definitive agreements with Nippon Life Insurance of Japan.

23 May 2019 12:42 PM

Stable government to boost economic growth, foreign fund flow: India Inc

Riding on a massive Narendra Modi wave sweeping through most parts of India, the BJP seems set to return to power

23 May 2019 12:34 PM

Paytm Payments Bank posts profit of Rs 19 cr in FY'19

PPBL claimed to lead mobile banking transactions with over 19 per cent market share as of March 2019.

23 May 2019 12:26 PM

Hulst BV acquires additional 98,100 shares in NIIT Technologies

On Wednesday, Hulst BV had acquired 1.23 lakh shares of NIIT Technologies taking its shareholding to 31.88 per cent.

23 May 2019 10:30 AM


M&A deals in April see 96 per cent decline to USD 735 million: Report

According to a report by consultancy Grant Thornton, in April last year, total M&A deal value stood at USD 19,142 million.

23 May 2019 9:28 AM

Bank of Baroda narrows Q4 loss to Rs 991 cr, NPA provisions at Rs 5,550 cr

Compared sequentially, there was a net profit of Rs 471.25 crore during the third quarter ended December 2018.

23 May 2019 9:00 AM

Air India to introduce new flights this summer

Air India officials said the number of flights on Delhi–Bhopal–Delhi will be increased from present 14 flights per week to 20 flights.

23 May 2019 4:44 AM