Firms/companies

RBI issues final guidelines for interoperable digital payment wallets

17 Oct 2018

Infosys net profit rises 10.3 per cent in Q2 FY19

Infosys net profit rises 10.3 per cent in Q2 FY19

16 Oct 2018

Revenues for fiscal second quarter of FY19 grew 17.3 per cent year-on-year to Rs20,609 crore while revenue in dollar terms increased 3.2 per cent over the previous quarter to $2,921 million

Visa, Mastercard, Amex let RBI’s data localisation deadline pass

Visa, Mastercard, Amex let RBI’s data localisation deadline pass

16 Oct 2018

While 60 of the 75 payment service providers have complied with the RBI directive, companies like Mastercard, Visa and American Express, who still dominate the payment ecosystem, think RBI will adjust to their requirements

Pakistan seeks IMF bailout from CPEC debts

Pakistan seeks IMF bailout from CPEC debts

15 Oct 2018

Pakistan's finance minister Asad Umar who met MF managing director Christine Lagarde at the IMF summit in Bali, said Pakistan’s current year debt repayments are about $9 billion and that Pakistan is ready to share details of CPEC debt with the IMF

First Train 18 to run on Delhi-Bhopal-Habibganj route in January

First Train 18 to run on Delhi-Bhopal-Habibganj route in January

15 Oct 2018

Habibganj will also usher in the public private partnership model for development of railway stations, with the Bansal Group and ISRDC partnering in the Rs450-crore project that will spent Rs100 crore on station redevelopment and Rs350 crore on commercial development

HUL net profit jumps nearly 20% to Rs1,525 cr in Q2

12 Oct 2018

Google India FY18 turnover up 29% at Rs9,338 cr

12 Oct 2018

TCS Q2 net zooms 22.6% to Rs7,901 cr

TCS Q2 net zooms 22.6% to Rs7,901 cr

12 Oct 2018

Aided mainly by continued depreciation of the Indian rupee, TCS also reported a 20.7% increase in quarterly revenues to Rs36,854 cr

AirAsia India appoints Tata Steel’s Sunil Bhaskaran as new CEO

AirAsia India appoints Tata Steel’s Sunil Bhaskaran as new CEO

11 Oct 2018

Tata Sons, the holding company of the Tata Group, will also buy out the 2 per cent stake held by Tata veterans S Ramadorai and  R Venkataramanan, retaining 51 per cent stake in the airline JV

Centre offers Rs30 lakh to kin of Bhilai Steel Plant accident victims, toll rises to 11

10 Oct 2018

Tata Motors reports 12% fall in Jaguar Land Rover sales, shares crash

10 Oct 2018

SBI to nearly double its NBFC exposure to Rs45,000 cr

SBI to nearly double its NBFC exposure to Rs45,000 cr

10 Oct 2018

SBI, which had initially planned NBFC portfolio purchases for Rs15,000 crore during the current year, now plans to buy an additional portfolio in the range of Rs20,000-30,000 crore

Fire at Bhilai Steel Plant kills at least 9, leaves several with burns

09 Oct 2018

IMF credits PM Modi’s reforms for India’s high growth

IMF credits PM Modi’s reforms for India’s high growth

09 Oct 2018

IMF said important reforms implemented in recent years, including the Goods and Services Tax, the inflation-targeting framework, the Insolvency and Bankruptcy Code, and steps to liberalise foreign investment and make it easier to do business, would lead to a higher growth path

Qualcomm to set up $400 million campus in Hyderabad

Qualcomm to set up $400 million campus in Hyderabad

08 Oct 2018

Work on the first phase of Qualcomm's Hyderabad campus, which involves construction of a built-up space of 1.7 million sq ft, with the capacity to house around 10,000 employees, is expected to start some time in 2019

RBI keeps policy repo rate unchanged at 6.5% amidst rupee fall

RBI keeps policy repo rate unchanged at 6.5% amidst rupee fall

05 Oct 2018

In fact, RBI had noted some liquidity mismatch as the daily net average surplus of Rs20,100 crore during early August moved into deficit during end-August and then into a surplus during early September before moving into a deficit during end-September, which prompted the RBI to inject Rs20,000 crore of durable liquidity through bond purchases

RCom set to exit debt rejig with Rs13,000 cr from RJio

05 Oct 2018

Hathway Cable and Broadband in pact with Google to bring Android TV

05 Oct 2018

Sandeep Bakhshi is new MD & CEO of ICICI Bank, Chanda Kochhar quits

Sandeep Bakhshi is new MD & CEO of ICICI Bank, Chanda Kochhar quits

04 Oct 2018

Chanda Kochhar, who has been facing an external enquiry against her in the Videocon loan matter, sought an early exit from the position, ICICI Bank said

TCS doubles salary for freshers with new-age digital skills

04 Oct 2018

India signs $150 million ADB loan to improve regional connectivity

03 Oct 2018

RBI to buy Rs36,000-cr bonds in OMO to boost liquidity

01 Oct 2018

LIC, SBI and Orix likely to participate in IL&FS Rs4500-cr rights issue

01 Oct 2018

Elon Musk ousted as Tesla chairman, asked to pay $20 m fine

Elon Musk ousted as Tesla chairman, asked to pay $20 m fine

01 Oct 2018

As part of the settlement of an SEC lawsuit, Musk will neither admit nor deny the allegations, but will resign as Tesla chairman and pay $20-mn fine with Tesla also paying a similar fine

SEC sues Elon Musk for fraud, seeks his ouster as Tesla chief

SEC sues Elon Musk for fraud, seeks his ouster as Tesla chief

28 Sep 2018

In its lawsuit, the US regulator said Musk calculated the $420 price per share, at a 20 per cent premium over that day’s closing share price and that the number’s slang reference to marijuana and hints in emails and text messages pointed that it was only intended to impress his girlfriend

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