Companies - Page 208

Business

Payments banks fall by the way on tight regulatory requirements

According to Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India, the future is -"uncertain-" for...

23 July 2019 6:35 AM IST

Business

Supreme Court puts ArcelorMittal’s Essar Steel buy on hold

Earlier this month, the NCLAT allowed Arcelor’s purchase of Essar Steel, while modifying the distribution of the...

23 July 2019 6:29 AM IST

Business

Cricket helps Hotstar user base to touch 300 million

Usually large content platforms like Hotstar see a growth in user base by around 10 per cent on a quarterly basis.

23 July 2019 5:54 AM IST

Business

Kotak Mahindra Bank net profit rises 33 per cent to Rs 1,360 crore

The bank’s net interest margin (NIM) too expanded to 4.49 percent and was highest in last 17 quarters.

23 July 2019 5:52 AM IST

Business

Jaypee Infratech offers full payback, project completion in 3 years

The appellate tribunal reserved its order over exclusion of litigation period from the ongoing Corporate Insolvency...

23 July 2019 5:45 AM IST

Business

Will pay creditors entire amount; complete projects in 3 yrs: Jaypee...

A two-member bench asked the promoter of Jaypee Infratech to file written submissions over exclusion of time frame.

22 July 2019 7:36 PM IST

Business

How oil-to-chemicals integration worked for RIL

An oil-to-chemical strategy was developed by Reliance to transition the Jamnagar refinery from fuels producer to...

22 July 2019 4:18 PM IST

Business

LIC offers Rs 1.25 lakh cr line of credit by 2024 to fund highway...

The funds will be raised for 30 years and the interest rate will be revised every 10 years, as per initial plans.

22 July 2019 2:58 PM IST

Business

IL&FS Transportation Networks defaults on NCD interest payment

IL&FS and its subsidiaries have defaulted on many debt instruments over the past few months due to insufficient funds.

22 July 2019 2:35 PM IST

Business

Bombay HC quashes defamation proceedings against Ratan Tata, others

Wadia filed the case in 2016 after he was voted out of the boards of some Tata Group companies.

22 July 2019 1:44 PM IST

Business

Zee5 plans to emulate Netflix, to have mobile-only tariff packs

Netflix, which tested an Rs 250 monthly plan in India since March, had last week announced a rollout the plan...

22 July 2019 12:28 PM IST

Business

Supreme Court orders status quo in Essar insolvency case

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

22 July 2019 11:29 AM IST