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  Business   Companies  31 Jul 2017

Business, Companies, 31 Jul 2017

Tata Motors CEO Butschek draws Rs 22.55 crore salary in FY17

Consolidated net revenues declined by 1.2 per cent to Rs 2,69,850 cr for 12 months ended March 31, 2017

31 Jul 2017 8:48 PM

Railways eyes Rs 26,000 cr savings in energy costs over 10 years

The Railways has set a target of electrifying 24,400 km of routes by 2022.

31 Jul 2017 7:56 PM

BoM Q1 net loss widens to Rs 412 crore as NPAs soar

Total income of the bank fell to Rs 3,209.84 crore in the three months to June of 2017-18.

31 Jul 2017 7:48 PM

India will need 2,100 planes in next 20 years: Boeing

India's share will account for more than 5.1 per cent of the total global demand of 41,030 aircraft.

31 Jul 2017 7:37 PM

RBI levies Rs 3 crore penalty on Union Bank for KYC non-compliance

Central bank said it had examined the documents concerned and notices were issued to the bank.

31 Jul 2017 6:37 PM


SAT stays IRDAI order on Sahara Life for a week

Sahara Life's asset is more than its liability and there is not a single complaint of non-payment by any policy holder.

31 Jul 2017 5:10 PM

Govt orders LPG prices to be hiked by Rs 4 per month

There are as many as 18.11 crore customers of subsidised LPG in the country.

31 Jul 2017 4:15 PM

Read all your favourite newspapers, magazines on one app with 'Paperboy'

Paperboy currently lists over 400 newspapers and magazines nationally and is live on the Google Playstore.

31 Jul 2017 4:10 PM

'Snapdeal 2.0' terminates $950 mn merger talks with Flipkart

This comes within days of Snapdeal agreeing to sell FreeCharge to Axis Bank for Rs 385 crore.

31 Jul 2017 3:43 PM

SBI up 5 pc as it cuts interest rate on savings account deposits

Rate cut by SBI on savings bank account is a strategic move by the bank aimed at increasing profits.

31 Jul 2017 2:55 PM


Sameer Garde appointed as president for Cisco India and SAARC

Garde has been in advisory role to startups including CtrlS Datacentres Ltd, IQLECT, BonOrganik and Shotang India.

31 Jul 2017 1:37 PM

SBI cuts saving account rate by 0.5 pc on balance upto Rs 1 cr

SBI said revision of saving bank rate will enable the bank to maintain MCLR at existing rates.

31 Jul 2017 1:29 PM

Amazon may deliver your Flipkart order and your food too

Amazon will offer delivery services to sellers irrespective of whether orders are placed via its website, others' or offline.

31 Jul 2017 1:11 PM

Talks for Snapdeal acquisition by Flipkart hit a roadblock

Snapdeal has seen its fortunes falling amid strong competition from Amazon and Flipkart.

31 Jul 2017 12:40 PM

Max India withdraws merger proposer with HDFC Life

Max India was supposed to amalgamate Max Life Insurance with Max Financial Services.

31 Jul 2017 12:21 PM


HSBC records 5 per cent rise in profit, calls for USD 2 billion share buyback

HSBC said it expects to commence latest buyback shortly for completion in second half of 2017.

31 Jul 2017 11:02 AM

Snapdeal-Flipkart deal likely to fall apart after Freecharge's sale

The Flipkart-buyout offer has however received a major push from Snapdeal investors due to competition from Amazon.

31 Jul 2017 10:43 AM