Business, Companies, 28th Feb 2019, News & Stories from India

Thursday, Apr 25, 2024 | Last Update : 11:29 AM IST

Business Companies 28 Feb 2019

Business, Companies, 28 Feb 2019

Airtel's consolidated net debt stood at Rs 1.06 lakh crore as compared to Rs 1.13 lakh crore in the previous quarter. (Photo: File)

Bharti Airtel board approves Rs 32,000 crore fund raising plans via right issue, bond

The mega fund-raising plans outlined by Bharti Airtel comes just days after Vodafone and Aditya Birla Group.

28 Feb 2019 6:05 PM

The coupon for retail investors are in the range of 9.10-9.35 per cent, while for institutional investors it is 9-9.20 per cent. (Photo: Twitter)

L&T Finance to raise up to Rs 1,500 cr via NCDs

In the first tranche, it is offering three bonds maturing in 36, 60 and 120 months.

28 Feb 2019 5:42 PM

The fund will be operational for eight years and will be in the investment mode for next four years. (Photo: File)

Kotak ties up with ADIA for USD 600 mn distressed assets fund

ADIA has committed USD 500 million for the special situations fund, while Kotak will invest the remaining.

28 Feb 2019 5:21 PM

DBS to operate as wholly-owned subsidiary in India from Mar 1

The Asian bank, which presently operates 12 branches in the country as a franchise, will be incorporated as DBS Bank India Ltd on March 1.

28 Feb 2019 3:03 PM

A statement from the railways' catering and ticketing arm said the exclusive digital payment gateway will provide an improved online digital payment convenience and ease of doing business to passengers availing online travel related services through the IRCTC website. (Photo: File)

IRCTC launches payment aggregator, IRCTC iPay

Under this new arrangement, IRCTC will have full control of the payment system.

28 Feb 2019 1:59 PM

It provides for India to access 75 billion in US dollars while the earlier BSA provided for 50 billion dollars. (Photo: File)

BSA between India and Japan provides for India to access USD 75 billion

The BSA was negotiated between India and Japan during the visit of Prime Minister Narendra Modi to Tokyo on October 29 last year.

28 Feb 2019 1:48 PM

Nishi has extensive experience and a natural flair for working with people in bringing out the best in them. (Photo: File)

Coca-Cola India appoints new HR head for India, South West Asia

Chaturvedi will lead talent recruitment and advancement, performance enablement.

28 Feb 2019 12:14 PM

Shares of the company dropped 6.15 per cent to Rs 211 on BSE.

Jet Airways shares plunge over 6 pc after co grounds 7 more planes

So far this month, as many as 13 planes of the company have been grounded on account of non-payment of rentals to lessors.

28 Feb 2019 12:14 PM

It has also directed the registry of NCLT to communicate this order to the Ahmedabad-based bench and its members. (Photo: File)

NCLAT directs NCLT Ahmedabad to decide on ArcelorMittal's Essar Steel bid by Mar 8

A two-member NCLAT bench said that if the NCLT fails to pass an order by this deadline, it would call records and pass an order.

28 Feb 2019 11:49 AM

Apple spokesman confirmed that the reduction was from the self-driving car program.. (Photo: File)

Apple self-driving car layoffs give hints to division's direction

The tech firm said it planned to lay off people from eight different Santa Clara County facilities near its headquarters.

28 Feb 2019 10:42 AM

The updated Maruti Suzuki Ignis gets more safety features and roof rails and the car is available in one engine and two gearbox options.

Maruti Suzuki launches safer Ignis at Rs 4.79 lakh

The refreshed Ignis gets reverse parking sensors, a speed alert system and a passenger side seatbelt reminder as standard accessories.

28 Feb 2019 6:42 AM

1 of 1

Columns

Dilip Cherian