Thursday, Apr 18, 2019 | Last Update : 08:05 PM IST

Companies Page-10

SC order on RBI circular negative for banks, may defer debt resolution

Moody's said the resolution of stressed loans impacted by the circular will be further delayed.

02 Apr 2019 7:42 PM

SC quashing RBI circular to give relief to power cos but delay bankruptcy proceedings

"It's early to say but if banks voluntarily still invoke IBC - the impact will be minimal," said Cyril Shroff of Cyril Amarchand Mangaldas.

02 Apr 2019 5:43 PM

RJio transfers control of optical fibre, tower units to RIIHL trusts

Tower Infrastructure Trust acquired control of RJIPL by purchasing 51 per cent of shares of RJIPL for Rs 109.65 cr.

02 Apr 2019 3:32 PM

Rajan Anandan quits Google, to join Sequoia Capital

Vikas Agnihotri will take on the interim responsibility. He is currently serving as Google's Country Director for Sales.

02 Apr 2019 2:34 PM

Supreme Court rejects tough RBI rule on debt resolution: Reports

Several companies, especially power firms, had sought intervention of the Supreme Court.

02 Apr 2019 1:26 PM


ThyssenKrupp, Tata Steel offer concessions to allay EU concerns

The EU competition regulator did not provide details of the concessions.

02 Apr 2019 8:51 AM

HAL records Rs 19,400 crore turnover for 2018-19 fiscal

HAL posted a revenue growth in excess of 6 per cent during 2018-19 as compared to 3.8 per cent during 2017-18.

02 Apr 2019 8:42 AM

Citibank settles case with Sebi, pays Rs 4.5 crore

Sebi has decided not to initiate any enforcement action against the bank.

02 Apr 2019 8:38 AM

Airbnb invests in Oyo

Oyo's home and villas will now appear on the Airbnb platform and increase its international presence.

02 Apr 2019 6:24 AM

Strife at Usha Martin intensifies

However, the Basant-Prashant faction and its shareholder group chose not to oppose Brij Kishore's re-induction into the board of directors.

02 Apr 2019 6:22 AM


Johnson & Johnson baby shampoo samples fail quality test; co rejects findings

“We do not accept the interim results given to us,” said Johnson & Johnson spokeswoman.

01 Apr 2019 4:06 PM

ONGC gas output jumps 6.5 per cent to record high in FY19

The growth rate was higher than the global average of 3-4 per cent year-on-year.

01 Apr 2019 3:49 PM

Govt notifies new accounting standard, lease rule to impact airlines

Ind AS 116 -- to be effective from April 1 -- sets out the principles for recognition, presentation and disclosure of leases.

01 Apr 2019 3:05 PM parent firm acquires home rental platform FastFox for nearly Rs 100 cr

"For the time being, we will retain the FastFox brand," Elara Technologies CEO Dhruv Agarwala said.

01 Apr 2019 1:14 PM

Bank of Baroda becomes second largest PSU bank after SBI

BoB completed share allotment to shareholders Dena Bank and Vijaya Bank as per the scheme of amalgamation.

01 Apr 2019 12:49 PM


Saudi Aramco world's biggest oil producer in 2018: Fitch

Saudi Aramco would buy a 70 per cent stake in Saudi Basic Industries Corp from the kingdom’s wealth fund for USD 69.1 bn.

01 Apr 2019 9:53 AM

Airlines responsible for their financial performance: Suresh Prabhu

Government is constantly responding to industry, including reduction in central excise duty on jet fuel to 11 pc from 14 pc, he said.

31 Mar 2019 5:42 PM

Jet Airways pilots defer to April 15 decision not to fly

The decision was taken at a meeting of NAG members that took place both in Mumbai and Delhi on Sunday afternoon, a guild source said.

31 Mar 2019 5:07 PM

Insolvency law's objective is reorganisation of defaulting firms: IBBI's Sahoo

Insolvency and Bankruptcy Code provides a framework for market-driven and time-bound resolution process.

31 Mar 2019 4:54 PM

HDFC Bank to add 100 branches in Northeast

As of December 31, 2018 HDFC network in Northeast region comprised 126 branches and 203 ATMs.

31 Mar 2019 4:10 PM