Business, Companies, 20th Nov 2019, News & Stories from India

Friday, Apr 19, 2024 | Last Update : 02:27 PM IST

Business Companies 20 Nov 2019

Business, Companies, 20 Nov 2019

The total debt on both the companies stood at Rs 40,000 crore, of which half of the liability is on MTNL alone.

MTNL rings in strong VRS response; over 13,500 staff opted for scheme so far

The government has approved a plum Rs 69,000-crore revival package for BSNL and MTNL.

20 Nov 2019 3:06 PM

Section 30(2)(b)(ii) says that a dissenting financial creditor shall get payment as per order of priority as specified in section 53(1) of IBC.

NCLAT rejects DBS Bank's plea challenging distribution of funds from Ruchi Soya

The Mumbai bench of the NCLT has approved around Rs 4,350-crore resolution plan on July 24, 2019.

20 Nov 2019 2:31 PM

Vodafone Idea shares zoomed 31.72 per cent to Rs 7.93 on the BSE.

Vodafone Idea, Bharti Airtel continue rally for fourth consecutive session

Bharti Airtel also rose 3.11 per cent to hit its 52-week high of Rs 452.95, registering its fourth consecutive day of gain.

20 Nov 2019 2:25 PM

Microsoft's India-born Chief Executive Officer Satya Nadella.

Microsoft CEO Satya Nadella tops Fortune's Businessperson of the Year 2019

The list is topped by Nadella, who has been at the helm of the technology giant since 2014.

20 Nov 2019 1:32 PM

The market capitalisation (m-cap) figures of companies change daily with stock price movement.

RIL m-cap inches closer to Rs 10 lakh cr mark

RIL became the first Indian firm to hit the Rs 9 lakh crore market valuation mark in intra-day trade.

20 Nov 2019 12:23 PM

The company did not divulge the extent of price hike in the offing. (Photo: PTI)

Jio says will increase tariffs in next few weeks in compliance with rules

Jio said that the telecom regulator TRAI is likely to initiate consultation process for revision in telecom tariffs.

20 Nov 2019 11:40 AM

Following the reports, the BSE had sought an explanation from the company on the issue. (Photo: PTI)

Infosys clarifies on whistleblower complaint reports

All material information has been disclosed by the company as per Sebi norms and the firm's materiality policy.

20 Nov 2019 11:05 AM

The bank said that it intends to convene a meeting of its board of directors by the end of this month to finalise its capital raise.

Yes Bank posts lower net profit for FY19 due to NPA divergence

The private sector lender had reported a net profit of Rs 1,720.28 crore in 2018-19.

20 Nov 2019 10:59 AM

Alibaba will sell 500 million shares to investors at HK dollar176

Alibaba eyes USD 12.9 bn Hong Kong IPO after setting price: reports

Asia's biggest company has called the listing a multi-billion-dollar vote of confidence in the city's markets.

20 Nov 2019 10:44 AM

Riding on a 3 per cent surge in its stock price, Reliance Industries (RIL) on Tuesday became the first company in India to hit a market capitalisation of Rs 9.5 lakh crore.

RIL stock jumps 34 per cent this year

The scrip has climbed 34 per cent year-to-date, outperforming the Sensex, which grew 12 per cent during the period.

20 Nov 2019 3:41 AM

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Mohan Guruswamy