Business, Companies, 31st Jan 2018, News & Stories from India

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Business Companies 31 Jan 2018

Business, Companies, 31 Jan 2018

JSW Steel’s third quarter crude steel production was up 7 per cent to an all time high of 4.11 million tons.

JSW Steel third-quarter profit more than doubles

Total revenue from operations for the quarter jumped 17 per cent to 178.61 billion rupees.

31 Jan 2018 4:32 PM

Company's crude steel output during quarter increased to 22.7 million tonnes, over 21.8 MT in same quarter of prvious fiscal.

ArcelorMittal posts over two-fold jump in Q4 profit

Company reported two-fold rise in net income to USD 4.568 billion from USD 1.779 billion in 2016.

31 Jan 2018 3:38 PM

The lender did not provide the transaction amount for stake sale. (Photo: PTI)

Union Bank sells entire stake in Experian Credit Info Co

Shares of Union Bank traded 1.14 per cent lower at Rs 134.35 on BSE.

31 Jan 2018 2:22 PM

Tourism spending by Indians could rise to as much as $40 billion by 2027 from about $16.4 billion in 2016.

Low-cost, long-haul flights from India to boost leisure travel: report

Only 0.3 per cent of Indians currently travel abroad for a holiday every year.

31 Jan 2018 12:32 PM

Moody's expects that the company will not be asked to share fuel subsidies as long as the oil prices stay below USD 60-65 per barrel.

Moody's affirms ONGC's stable ratings following HPCL buy

Moody's Investors Service, affirmed ONGC 'Baa1' local and foreign currency issuer ratings.

31 Jan 2018 11:11 AM

The 14th edition of the biennial Auto Expo will take place this year on February 7-14.

Twitter teams up with SIAM for Auto Expo 2018

The collaboration with Twitter will help create a unique brand image for Auto Expo.

31 Jan 2018 11:03 AM

Rates on tenors from 1 year to 455 days deposit, the bank increased the interest rates to 6.25 per cent from the earlier 5.25 per cent.

SBI hikes bulk deposit rates for second time in 2 months

For tenors from two years to up to 10 years, the rates have been revised upwards to 6 per cent from 5.25 per cent earlier.

31 Jan 2018 10:53 AM

Idea Cellular and Vodafone also committed to increasing mobile towers in their network.

Telcos commit over Rs 74,000 cr to curb call drops: Telecom Secretary

Telecom operators raised issue of non-availability of sites for installing mobile towers along with some other problems.

31 Jan 2018 10:41 AM

Bengaluru-based Flipkart was not immediately available for comment outside regular business hours.

Walmart in talks to buy minority stake in Flipkart: report

A deal could be finalised as early as March and may involve primary and secondary sales by longstanding Flipkart investors.

31 Jan 2018 10:02 AM

Mr Subramaniam, who was here to participate in the WEF Annual Meeting last week, said the IT industry changes every 3-5 years and constantly requires reskilling and upskilling.

Automation, AI not about job cuts, says TCS COO

He said the ‘change’ is the only constant in the IT industry and internally his company uses it as an acronym.

31 Jan 2018 3:05 AM

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