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  Business   Companies  25 May 2017

Business, Companies, 25 May 2017

Trai bars discriminatory tariffs to same set of subscribers

Trai has made it mandatory for all the service providers to file their tariffs.

25 May 2017 8:08 PM

Sahara in talks for sale of foreign hotels, 30 domestic assets

Sahara group has also been saying that it has till now deposited around Rs 12,000 cr in Sebi-Sahara account.

25 May 2017 8:06 PM

IDBI Bank crafts turnaround plan; to focus on NPA recoveries

The bank's gross NPAs almost doubled to 21.25 per cent of the gross advances in the fourth quarter of the last fiscal.

25 May 2017 7:23 PM

IOC March-quarter profit jumps 85 per cent

India's top refiner said profit came in at 37.21 billion rupees ($576.45 million) in the quarter ended March 31.

25 May 2017 6:41 PM

American futurist says petrol will cost less than Rs 30

Tony Seba is known for rightly saying solar power sector will see a boom when prices were really high.

25 May 2017 5:59 PM


Videocon continues to slide for fourth day

Shares of the company today tumbled 9.94 per cent to Rs 52.55.

25 May 2017 5:43 PM

Why SBI group banks' profit fell by Rs 11,984 crore

Five associate banks that have got merged with SBI reported losses affecting parent bank.

25 May 2017 5:19 PM

Maruti to launch ASEC with govt run ITIs

ASECs will be established across 15 government run ITIs, across 11 states, in the next three months.

25 May 2017 5:12 PM

Alibaba appoints International Business Dept head

Young li who is appointed as of International Business Department will overseas business of UCWeb.

25 May 2017 4:39 PM

Mercedes to cut Made in India model prices

On an average, there will be a reduction of 4 pc in the transaction prices for customers of all models produced in India.

25 May 2017 4:28 PM


Indian railways to export diesel locos to Myanmar

The 18 modern diesel locomotive export orders are executed by RITES, the export arm of the Indian Railways.

25 May 2017 4:23 PM

Ashok Leyland posts net profit in fourth quarter

The company said sales of medium and heavy commercial vehicles rose 10 percent to 38,643 units in the quarter.

25 May 2017 4:05 PM

Bosch reports decline in standalone net profit

The company reported 10.22 per cent decline for the fourth quarter ended March

25 May 2017 2:29 PM

JSPL to be relatively debt-free in 4-5 years: Jindal

Company's debt increased basically after cancellation of coal blocks and it had to pay Rs 3,500 crore of additional levies.

25 May 2017 2:25 PM

Why integrating explainer videos are essential for your business’s growth

It is essential to hire an expert agency or studio to work on your explainer videos.

25 May 2017 1:34 PM


Telecom minister to monitor development in telecom sector

Telecom operators have said there will be an increase in the cost of phone services after GST is implemented from July 1.

25 May 2017 1:03 PM

CIL to benefit from decision to halve sales tax

Coal India hopes the lowering of the coal sales tax to 5 percent will help it find buyers for 57 million tonnes of mined coal.

25 May 2017 12:54 PM

Trai defends Rs 3,050 cr fine on Airtel, Vodafone, Idea

Trai observes three incumbent operators intentionally denied points of interconnect to Reliance Jio.

25 May 2017 12:42 PM

BHEL commissions thermal unit in Nashik

This is the fourth unit to be commissioned a milestone achieved within 35 days of commissioning of the third unit.

25 May 2017 12:38 PM

Arvind Uppal will step down as President of Whirlpool corp

Uppal will step down from employment of the company with effect from January 1, 2018.

25 May 2017 11:47 AM