Friday, Jul 12, 2024 | Last Update : 05:03 PM IST

  Business   Companies  30 May 2017

Business, Companies, 30 May 2017

Average airfares fall 14% last year, says Civil Aviation Min

Ashok Gajapathi Raju said the aviation ecosystem has been reshaped for affordable and convenient flying.

30 May 2017 9:04 PM

R com suffer loss, end over 2 per cent lower

The stock did manage to recover from the low during the afternoon trade but later gave up all gains as the trade progressed.

30 May 2017 8:50 PM

Adani shares in demand after company agreed to pay royalties

The company shares surged up to 6 per cent today after company struck an agreement with the Queensland government.

30 May 2017 8:29 PM

Mahindra & Mahindra reports increase in PAT

The company reported a 19.93 per cent increase in its standalone PAT at Rs 725.16 crore

30 May 2017 5:59 PM

Eveready Industries register increase in net profit

The company today reported a 12.23 per cent increase in net profit at Rs 10.46 crore for the March quarter.

30 May 2017 5:16 PM


BSNL to rollout 4G services in Kerala

The service would be introduced in a phased manner and the project would be completed by March next year.

30 May 2017 4:36 PM

Nestle launches iron fortified Maggi noodles

Company believes that with 2.5 billion portions of Maggi Masala noodles consumed annually in India.

30 May 2017 4:18 PM

Adani strikes deal on royalty payments for coal mine project

The move would mean that the project was back on track to generate 10,000 direct and indirect jobs in the regional state.

30 May 2017 3:21 PM

Swiggy receives funding from its investors

The company today said it has raised USD 80 million (over Rs 517 crore) in series E funding.

30 May 2017 2:59 PM

Techies well taken care of, no need for union: Balakrishnan

Employees' unions work in industries where work ethic is bad and where employees are treated shabbily.

30 May 2017 1:42 PM


CIL shares fall after decline in consolidated net profit

At NSE, shares of the company went down by 2.91 per cent to hit its one-year low of Rs 259.50.

30 May 2017 1:20 PM

BHEL shares tumble after company's net profit decline

Shares tumbled nearly 13 per cent as net profit declined by 57 per cent in the March quarter.

30 May 2017 12:24 PM

RCom stock slides further on concerns about loan repayments

RCom's shares fell as much as 7.6 per cent in early trading on Tuesday before paring losses to be down 4 per cent.

30 May 2017 11:09 AM

Snapdeal raises over Rs 113 crore from NVP

NVP pumped in Rs 96.26 crore in the round, while Bahl and Bansal contributed Rs 8.45 crore each.

30 May 2017 10:30 AM

'Chanda Kochhar draws Rs 6.09 cr remuneration in FY17'

Total compensation paid to our MD and CEO in FY17 stood at Rs 6.09 crore not Rs 7.84 crore.

30 May 2017 10:27 AM


Tech Mahindra profit drops by 12 per cent

Consolidated revenue of Tech Mahindra increased by 8.8 per cent to Rs 7,495 crore in the reported quarter.

30 May 2017 10:01 AM

Coal India Q4 profit drops by 38 per cent

Consolidated income of the company increased to Rs 26,635.9 crore in the last quarter of FY2016-17.

30 May 2017 9:57 AM

OIL profit dips 96 pc on royalty payments, lower gas price

Company will invest Rs 4,290 crore in current fiscal as against a capex of Rs 4,336 crore in the previous year.

30 May 2017 9:55 AM

Chinese investors eye startups to capture business

China sticks to its core competencies in growth area they understand deeply and implement them here.

30 May 2017 1:20 AM