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  Business   Companies  31 Oct 2017

Business, Companies, 31 Oct 2017

HDFC Standard Life promoters to dilute 14.92 pc stake

HDFC Standard Life was among the top three private players in the life segment in terms of market share.

31 Oct 2017 5:55 PM

Bharti Airtel second-quarter profit plunges 77 per cent

Profit fell to 3.43 billion rupees in the quarter ended September 30 from 14.61 billion rupees a year earlier.

31 Oct 2017 5:41 PM

Tata Steel elevates Narendran as global CEO and MD

Narendran, 52, a company veteran who joined the Tata ranks in 1988, was serving as managing director for past four years.

31 Oct 2017 4:24 PM

Coal India among top 250 firms emitting third of CO2: study

Under the 2015 Paris Agreement, almost 200 nations promised to curb emissions to limit more heat waves.

31 Oct 2017 4:11 PM

HPCL to acquire MRPL in share-swap deal

At present, ONGC owns 71.63 per cent stake in MRPL while HPCL has 16.96 per cent.

31 Oct 2017 1:46 PM


RCom shares in heavy demand; zoom over 16 per cent

Firm will sell telecom tower and real estate businesses to pay off Rs 27,000 cr out of Rs 45,000 cr of debt.

31 Oct 2017 1:37 PM

Samsung names 3 new business heads, JK Shin and others to step down

Current CFO Lee Sang-hoon would resign from his CFO role and had been recommended as chairman of board.

31 Oct 2017 11:44 AM

RCom says it has agreed to debt repayment plan

The announcement comes after the unravelling of its previous debt repayment plan, which had hinged on merging with rival Aircel.

31 Oct 2017 11:26 AM

Bharti Infratel mulls picking up stake in Indus Towers

Bharti Infratel and Vodafone India hold 42 per cent stake in Indus Towers and rest is held by Idea Cellular.

31 Oct 2017 8:52 AM

Airtel counters Reliance Jio with low-cost smartphones

To avail this offer, a customer needs to make a down payment of Rs 2,849 for the smartphone and make 36 continuous monthly recharges of Rs 169.

31 Oct 2017 12:50 AM