Business, Companies, 24th Jan 2018, News & Stories from India

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Business Companies 24 Jan 2018

Business, Companies, 24 Jan 2018

Revenue from operations rose 23.94 per cent to Rs 6,177.82 crore from Rs 4,986.49 crore in the year-ago period.

IndiGo Q3 net jumps 56.4 per cent at Rs 762.03 crore

Total expenses for the quarter ended December 2017 were Rs 5,378.19 crore.

24 Jan 2018 5:17 PM

Gross bad loans as a percentage of total loans stood at 10.38 per cent at end-December, compared with 10.51 per cent in the previous quarter, and 9.97 per cent a year ago.

Canara Bank third-quarter profit slumps 61 per cent

Net profit came in at 1.26 billion rupees for quarter ended Dec 31, compared with 3.22 billion rupees a year ago.

24 Jan 2018 4:37 PM

EOSIL is expecting to increase its revenues by a further 20 per cent in 2018-19.

Essar Oilfields bags Rs 32 cr order from ONGC

Essar Oilfields Services India Ltd is close to posting a revenue of Rs 300 crore in current fiscal.

24 Jan 2018 3:30 PM

Board has already approved issuance of 32.66 crore equity shares on preferential basis to the promoter group entities for a total Rs 3,250 crore.

Idea posts wider Q3 loss at Rs 1284.5 crore

Revenue from operations came in at Rs 6,509.6 crore for the quarter ended December 2017.

24 Jan 2018 3:08 PM

Jio entered India’s highly-competitive telecom market in late 2016 and disrupted space with free-voice and cut-price data plans.

Indian telecom stocks fall after Jio cuts tariffs

Shares of Airtel declined as much as 6.22 per cent to 461.5 rupees on Wednesday, their lowest since October 18, 2017.

24 Jan 2018 1:36 PM

Shares of Vijaya Bank were trading 0.87 per cent lower at Rs 68.45 on BSE. (Representational Image)

Vijaya Bank Q3 net tanks 65.45 per cent to Rs 79.56 crore

Bank's total income also declined 7.09 per cent to Rs 3,450.81 crore in quarter under review from Rs 3,714.37 crore.

24 Jan 2018 12:56 PM

Shares of the IT major rose by 4.88 per cent to Rs 3,254.80 -- its 52-week high -- on BSE.

TCS becomes second co to surge past Rs 6 lakh crore mcap mark

During the late morning trade, the market capitalisation (m-cap) of TCS stood at Rs 6,12,696.46 crore.

24 Jan 2018 12:47 PM

The project is for rehabilitation and upgradation to six laning of Chandikhole-Bhadrak section of NH-5 (new NH-16) from km 62 to km 135.5 in Odisha. (Representational Image)

Dilip Buildcon bags NHAI road project worth Rs 1,522 crore

Shares of Dilip Buildcon were trading 1.69 per cent higher at Rs 958.90 apiece on BSE.

24 Jan 2018 11:47 AM

Initiative was conceived by the Forums IT Governors community under the chairmanship of Chuck Robbins. (Photo: AFP)

Infosys, TCS join global tech-reskilling drive for 1 mn workers

The coalition has created a free platform of online tools to streamline the process of reskilling adults.

24 Jan 2018 11:17 AM

AirAsia also has no plans to bring forward deliveries despite strong demand. (Photo: PTI/Representational)

AirAsia to add around 30 jets this year amid strong demand: CEO

AirAsia, which flies close to 200 airplanes and is the largest operator of Airbus’s best-selling A320 jet.

24 Jan 2018 10:54 AM

Government is targeting to convert all new passenger car sales to electric vehicles by 2030.

Reliance Energy to set up EV charging stations in Mumbai

Company also plans to introduce a fleet of 18 electric vehicles for its operational activities.

24 Jan 2018 10:46 AM

The mobile company unveiled its first 'Design in India' Prime X priced at Rs 1,499.

Lava to invest Rs 250 crore on mobile designing by 2021

Design in India will also leverage software power of India because 60 per cent of design component is of software.

24 Jan 2018 10:41 AM

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Dilip Cherian