Firms/companies

Relief to Tata Power, Adani as SC allows rejig of Mundra project PPA

Relief to Tata Power, Adani as SC allows rejig of Mundra project PPA

30 Oct 2018

If the Central Electricity Regulatory Commission also agrees to the recommendations made by a high-powered panel, this would result in higher power tariffs for the consumers in Gujarat, Haryana, Maharashtra, Punjab and Rajasthan

Tata Power Q2 net vaults 88.5% to Rs336 crore

29 Oct 2018

IBM to acquire open source software company Red Hat for $34 billion

IBM to acquire open source software company Red Hat for $34 billion

29 Oct 2018

The deal will make IBM the world's number one hybrid cloud provider, offering companies the only open cloud solution that will unlock the full value of the cloud for their businesses

RBI, govt differ on Payment and Settlement Act changes

29 Oct 2018

Central banks are for long term, unlike govts: RBI deputy governor

29 Oct 2018

Overdose of foreign capital triggering rupee fall: Viral V Acharya

Overdose of foreign capital triggering rupee fall: Viral V Acharya

29 Oct 2018

To protect the economy from short-termism, the central bank is designed to be at a safe distance from the executive branch of the government, the RBI deputy governor said

ICICI Bank returns to profit, but Q2 net down 42% y-o-y at Rs1,205 cr

26 Oct 2018

ArcelorMittal wins bankrupt Essar Steel despite Ruias’ last ditch effort

ArcelorMittal wins bankrupt Essar Steel despite Ruias’ last ditch effort

26 Oct 2018

Once all regulatory processes are completed, ArcelorMittal, the world’s top steel maker, will jointly own and operate ESIL in partnership with Nippon Steel and Sumitomo Metal Corporation, Japan’s largest steel producer and the third largest steel producer in the world

Tata Group leads 12 Indian companies in Forbes' world's best companies list

26 Oct 2018

Bharti Airtel Q2 net down 65% at Rs119 cr; revenue falls 6.2% to Rs20,422.5 cr

26 Oct 2018

Maruti Suzuki Q2 net profit falls 9.8% to Rs2,240 crore

25 Oct 2018

Wipro's Q2 net profit drops nearly 14% to Rs1,889 cr

25 Oct 2018

RBI cancels registration of 31 NBFCs

24 Oct 2018

TCS among top 10 firms to get foreign labour certification for H-1B visas

23 Oct 2018

ED hits ailing Air India with cases of money laundering

ED hits ailing Air India with cases of money laundering

22 Oct 2018

The CAG had also in 2011 flagged concerns over Air India’s decision to order 111 airplanes - 48 from Airbus and 68 from Boeing - for AI and Indian Airlines for about Rs70,000 crore in 2006, only to be leased out and the surrender of profitable routes

ArcelorMittal closer to acquiring Essar Steel with Rs43,000-cr offer

22 Oct 2018

HDFC Bank’s Q2 net vaults 20.6% to Rs5,005.73 cr

22 Oct 2018

Novartis to acquire US cancer drugs maker Endocyte for $2.1 billion

19 Oct 2018

Bosch working on retrofit electric passenger vehicles: report

Bosch working on retrofit electric passenger vehicles: report

19 Oct 2018

Bosch has been working to improve the energy efficiency of individual components and the system as a whole in order to further increase electric vehicles’ range

Tata Group eyes controlling stake in Jet Airways

Tata Group eyes controlling stake in Jet Airways

19 Oct 2018

The diversified Tata Group, which owns majority stakes in two airline joint ventures - Vistara and AirAsia India - is now looking to expand its presence in the aviation sector

RIL takes controlling stakes in Den Networks, Hathway Cable for Rs5,230 cr

19 Oct 2018

RIL Q2 net vaults over 17% to Rs 9,516 crore

RIL Q2 net vaults over 17% to Rs 9,516 crore

19 Oct 2018

RIL attributed the increase in revenue and profits to higher price realisations of petrochemical and refinery products and better performance of Reliance Retail and Jio, gaining from scale, technology and operational efficiencies

Walmart sees a $740 mn hit on quarterly profit on Flipkart acquisition

17 Oct 2018

Edelweiss arm buys Essel Infra’s power transmission assets for Rs6,000 cr

17 Oct 2018

Total, Adani in LNG joint venture

Total, Adani in LNG joint venture

17 Oct 2018

The partnership has set a target of developing regasification terminals, including Dhamra LNG, on the east coast of India besides building a retail network of 1,500 service stations over a period of 10 years

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