Business, Companies, 25th Jul 2017, News & Stories from India

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Business Companies 25 Jul 2017

Business, Companies, 25 Jul 2017

The Niti Aayog cited Air India's "fragile finances" as the main reason for recommending the airline's disinvestment.

'Fragile finances', main cause of Niti Aayog's call for AI disinvestment

Niti Aayog had said that further support to an unviable non-priority in a competitive market was not the best thing to do.

25 Jul 2017 8:47 PM

SC asks Subrata Roy to deposit Rs 1,500 cr by Sept 7

Sahara chief has deposited Rs 247 crore as against the promised amount of Rs 552.21 crore.

25 Jul 2017 5:56 PM

Bharti Airtel has largest number of subscribers in country.

Jio effect: Airtel Q1 net profit tanks 75 pc to Rs 367 cr

However, analysts had expected a lower consolidated profit of Rs 335 crore.

25 Jul 2017 5:52 PM

Revenues of the bank, however, rose to Rs 14,052.30 crore during April-June quarter of the current fiscal, compared to Rs 13,852.18 crore in the year-ago period.

Axis Bank Q1 net profit falls 16 pc to Rs 1306 crore.

The bank had registered a net profit of Rs 1,556 crore in the June quarter of 2016-17.

25 Jul 2017 5:44 PM

Amazon has decided to expand its 'I have Space' program by adding thousands of store owners for delivering its packages

Amazon's pickup-delivery to improve as it expands 'I Have Space' program

The larger expansion will happen during Diwali, when sales of Amazon would be really higher in volume.

25 Jul 2017 5:30 PM

In terms of volume, 49.67 lakh shares of the company were traded on BSE and over 5 crore shares changed hands at NSE during the day.

Idea shares end 6.5 pc up on CCI nod to Vodafone India merger

The company's market valuation went up by Rs 2,143.44 crore to Rs 35,267.44 crore.

25 Jul 2017 5:15 PM

Jio is offering jobs for a variety of profiles, for entry-level professionals as well as experiences ones.

Job alert: Reliance Jio is hiring college graduates, professionals

There are various categories of jobs - from those for students and freshers to corporate jobs, listed by service and geography.

25 Jul 2017 4:50 PM

Bharti Airtel Chairman Sunil Bharti Mittal.

Interconnection charges has no relation with tariff: Mittal

Termination charges levied on incoming calls from overseas destinations fixed at 53 paise per minute by Trai

25 Jul 2017 4:25 PM

Wipro Limited on Tuesday announced a partnership with Hewlett Packard Enterprise (HPE) to offer IT infrastructure solutions.

Wipro partners with Hewlett Packard to offer IT infra solutions

This business model will be an innovation in IT infrastructure space, said Wipro CEO Abidali Z Neemuchwala.

25 Jul 2017 3:42 PM

ITC raised prices of certain brands of cigarettes following the 6-7 per cent hike in additional cess on cigarettes.

How much your Gold Flake Kings will cost as ITC hikes prices

The revised prices of cigarettes were implemented with immediate effect, said a statement by ITC.

25 Jul 2017 1:59 PM

Indian Railways was uptil recenlty preferred choice for travel in 0-500 km segment.

Railways fears cheaper airlines will eat into its business

Blueprint says 25 per cent domestic air travel now occurs in 0-500 km route which was railways' monopoly.

25 Jul 2017 1:04 PM

Subrata Roy met Irdai chairman to seek more time to resolve the crisis at his life insurance arm.

Subrata Roy meets Irdai chief on Sahara Life

ICICI Prudential Life submitted a valuation report on the assets and liabilities of Sahara Life to Irdai.

25 Jul 2017 10:34 AM

The telecommunications sector in India is witnessing significant consolidation after the entry of Reliance Jio last year.

Vodafone, Idea get CCI nod for merger

The $23 billion transaction is the largest transaction by value in the history of Indian M&A.

25 Jul 2017 2:55 AM

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Shobhaa De