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  Business   Companies  27 May 2019

Business, Companies, 27 May 2019

NCLT dismisses ICICI insolvency plea against Hyderabad Ring Road Projects

NCLT made an observation that there was 'duplicacy of the claims' of ICICI.

27 May 2019 7:35 PM

US visa rules to hit IT cos' profits, margins in FY20: Report

The industry's operating margins will narrow by 0.30- 0.80 per cent largely on an increase in local hires.

27 May 2019 4:42 PM

Airtel submits Rs 644 crore bank guarantee in TDSAT for Tata Tele merger

The tribunal also asked Airtel to submit 50 per cent payment of Rs 1,287.97 crore demand raised by the DoT.

27 May 2019 4:32 PM

Confident of timely payment of salary for May: BSNL chief

The company has tied up with SBI recently for a Rs 1,500 crore loan to meet its working capital requirements.

27 May 2019 4:17 PM

Corporation Bank launches loan scheme for MSME sector

The bank provides concession in interest rate on loans offered to women beneficiaries and rated MSME units.

27 May 2019 2:49 PM

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Fiat Chrysler puts merger offer to Renault board

If successful, tie-up would alter competitive landscape for rival carmakers from General Motors to Peugeot maker PSA Group.

27 May 2019 2:47 PM

GAIL posts 20 per cent rise in Q4 net profit; declares 1:1 bonus

Revenue rose to Rs 18,763.87 crore in the fourth quarter of 2018-19 fiscal year when compared with Rs 15,430.69 crore.

27 May 2019 2:27 PM

Amul to invest Rs 600-800 crore this fiscal on capacity expansion

The company is looking at setting up new plants in locations that are closer to the Delhi-NCR market.

27 May 2019 12:53 PM

Samsung may gain from Huawei's plight in ongoing trade war: Fitch Ratings

Tech companies, including Google and SoftBank Group-owned chip designer ARM, have said they will cease supplies and updates to Huawei.

27 May 2019 12:25 PM

DLF cuts net debt by 34 per cent in Q4 to Rs 4,483 crore

DLF's net debt has come down from Rs 7,224 crore in Q3 of FY19 to Rs 4,483 crore in Q4 of FY19

27 May 2019 11:25 AM

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Carmakers FCA and Renault to go public on tie-up talks

The plan under discussion would involve some transfer of equity, according to a source close to the discussions.

27 May 2019 8:22 AM

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