Sunday, Jul 21, 2019 | Last Update : 04:16 AM IST

Companies Page-8

PNB shares drop over 11 per cent after BPSL fraud case

At present, the case is at NCLT which is in advance stage and the Bank expects good recovery in the account.

08 Jul 2019 12:32 PM

India aims to cut stake in state-run firms to minimum in FY20: Source

Government seeks to shore up 1.05 trillion rupees (USD 15.30 billion) through stake sales in the current fiscal year.

08 Jul 2019 12:21 PM

Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul

Deutsche Bank could cut as many as 20,000 jobs more than one in five of its 91,500 employees.

08 Jul 2019 8:56 AM

PNB says detects 38-billion rupee fraud

PNB has been defrauded of over USD 2 billion in a separate scam that came to light last year.

08 Jul 2019 8:45 AM

Indian realty market passing through major consolidation: PropEquity

There has been a massive consolidation with over 50 pc of total developers that existed in 2011-12 leaving industry by 2017-18.

07 Jul 2019 5:49 PM

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Amazon to launch specialised fulfilment centres in Patna, Guwahati

With these launches, Amazon will now have more than 50 FCs with more than 20 million cubic feet storage.

07 Jul 2019 5:12 PM

GCPL Chairman Adi Godrej's FY19 remuneration 114-times higher than firm's median pay

The number of permanent employees on the payrolls of the company as on March 31, 2019 was 2,781, the report said.

07 Jul 2019 11:59 AM

US clears SoftBank's USD 2.25 billion investment in GM-backed Cruise

The approval unlocks a seat for SoftBank on Cruise’s board, formalising its oversight, and cements key financing for Cruise.

06 Jul 2019 11:39 AM

Amazon's Bezos finalises divorce with USD 38 bn settlement: report

Under the agreement, MacKenzie Bezos, 49, will receive approximately 19.7 million Amazon.com shares.

06 Jul 2019 9:48 AM

Budget 2019: FM proposes starting exclusive channel for startups

Standup India will be continued for the entire period coinciding with the 15th Finance Commission, i.e., 2020-2025.

05 Jul 2019 2:48 PM

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Mutual funds' AUM rises over 4 pc to Rs 25.49 lakh crore in June quarter

The total asset base of the industry was Rs 23.04 lakh crore in the same period a year ago.

05 Jul 2019 9:18 AM

NCLAT rejects Ruia's bid to block ArcelorMittal; approves bid for Essar Steel

Essar Steel was auctioned under the new IBC to recover Rs 54,547 cr of unpaid dues of financial lenders and operational creditors.

05 Jul 2019 9:09 AM

HDFC wants NCLT to keep Jet Airways Hqs out of resolution plan

The consortium of 26 bankers led by State Bank took the grounded Jet Airways to NCLT to recover their dues of over Rs 8,500 crore.

04 Jul 2019 4:43 PM

NCLAT clears ways for takeover of Essar Steel by ArcelorMittal

Total claims of financial and operational creditors stand revised to Rs 69,192 crore.

04 Jul 2019 3:36 PM

CASHe partners with Magicbricks to offer loans for rental security deposits

CASHe has disbursed loans worth Rs 1200 crore to over 2,50,000 customers.

04 Jul 2019 12:45 PM

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IndiaMART InterMESH shares make robust debut; zoom over 21 per cent

The Rs 475-crore initial public offering of IndiaMART InterMESH was subscribed over 36 times last month.

04 Jul 2019 12:41 PM

Jio gaining market share at expense of Voda-Idea

Many analysts believe the first quarter could be steady and unexciting for the wireless players.

04 Jul 2019 2:47 AM

Mindtree says L&T categorised as promoter with 60.06 pc stake

The development is significant as the Mindtree founders had initially resisted the hostile takeover bid.

03 Jul 2019 8:32 PM

IndiGo employs around 50 pc of total foreign pilots working in India: Govt

As per governmant data total of 404 foreign pilots are working in India as of June 10 this year.

03 Jul 2019 7:28 PM

Govt neither divesting nor privatising ONGC: Pradhan

Govt is not privatising the ONGC but adopting a new model wherein both public and private players can participate in oil production.

03 Jul 2019 4:07 PM

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