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  Business   Companies  25 Apr 2017

Business, Companies, 25 Apr 2017

Aamby Valley Limited gets notice from income tax department

The department has issued a Rs 24,646 crore tax demand notice to Sahara Group's AVL

25 Apr 2017 8:48 PM

Shapoor Mistry quits as director of Indian Hotels Co

The company, however, did not disclose reasons for his resignation.

25 Apr 2017 8:45 PM

BSNL to not withdraw prepaid value plans

BSNL has launched three new prepaid promotional tariff vouchers priced at Rs 349, Rs 334 and Rs 395.

25 Apr 2017 8:30 PM

NHAI to put in place conciliation committee

The committee has been put into place to resolve highway disputes involving huge sums as claims.

25 Apr 2017 5:38 PM

RIL settles over 1 pc higher; mcap surges by Rs 5,242 cr

Mukesh Ambani-led energy giant has reported a record fourth quarter net profit of Rs 8,046 crore.

25 Apr 2017 5:31 PM


LIC Housing Finance Q4 net profit up 18 per cent at Rs 529 crore

The company's net profit in the January-March period of the previous fiscal, 2015-16, was Rs 448.02 crore.

25 Apr 2017 5:20 PM

Indian Bank Q4 Net up over 3-fold on lower bad loan provision

Total income in the reported quarter increased marginally to Rs 4,601.89 crore against Rs 4,522.73 crore.

25 Apr 2017 5:04 PM

No more loans to Ola drivers as dafaults rise: SBI

Gopal Krishan Kansal of SBI says that total default stands at Rs 60 crore in Bengaluru alone.

25 Apr 2017 4:08 PM

Flipkart completes ten years, launches 'CEO of the Day' context

Bengaluru's Padmini Pagadala wins corner office job under 'be Flipkart CEO for one day' scheme.

25 Apr 2017 2:55 PM

Indian IT firms for measured hiring till Sep'17: survey

Only 58 per cent of Indian IT employers anticipate hiring over the coming two quarters.

25 Apr 2017 2:36 PM


Biocon shares jump nearly 10 per cent on bonus issue plan

The company's stock zoomed 9.57 per cent to touch its one-year high of Rs 1,168 on BSE.

25 Apr 2017 1:25 PM

Reliance industries plans to make investment in Jio

The company plans to spend a further $2.8 billion on its Jio telecoms business in the current quarter.

25 Apr 2017 1:23 PM

Tata Comm cloud-based platform to manage global media assets

New platform is underpinned by Tata Communications Media Ecosystem, which offers VICE Media a full set of media solutions.

25 Apr 2017 12:48 PM

Consultation paper on spectrum auction in 15 days: Trai

Department of Telecom has sought Trai's views on spectrum price for various frequencies.

25 Apr 2017 10:59 AM

Reliance Jio plans to double network in coming months

Jio continues its rapid ramp-up of subscriber base and as of March 31, 2017.

25 Apr 2017 10:50 AM


Indiabulls Housing Q4 net up 24 per cent

Total revenues stood at Rs 3,225 crore in the March quarter, up 21.8 per cent from Rs 2,647 crore a year ago.

25 Apr 2017 10:42 AM

March crude oil output gets ONGC lift, grows modestly

Oil production for the all of 2016-17 is 2.5 per cent lower than 36.94 mt a year earlier.

25 Apr 2017 10:23 AM

Snapdeal sale: SoftBank hopes Nexus Venture to come on board

According to reports, the deal may see Snapdeal's mobile wallet service, Freecharge being sold separately.

25 Apr 2017 9:59 AM

Telecoms to bleed in FY18, says Crisil

It offers many advantages once the dust settles, as is borne out by profitability trends across the world.

25 Apr 2017 12:27 AM