Business, Companies, 22nd Oct 2019, News & Stories from India

Sunday, Apr 28, 2024 | Last Update : 04:46 PM IST

Business Companies 22 Oct 2019

Business, Companies, 22 Oct 2019

Opensignal has consistently found Airtel to be the fastest network in terms of 4G data download while telecom regulator Trai has found Reliance Jio to be the fastest network from last several months.

Airtel tops in 4G download speed, Idea in uploading: Report

The report found that Jio's 4G services are available to users 97.8 per cent of the time, Airtel stood second with 89.2 per cent.

22 Oct 2019 6:28 PM

An anonymous group claiming to be employees of the firm on Monday placed a whistleblower complaint to the company's board, accusing CEO Salil Parekh and CFO Nilanjan Roy of indulging in unethical practices to boost short-term revenue and profits.

Amid row over CEO; Infosys shares crash, investors lose Rs 53,000

India's second largest IT services company Infosys was the biggest loser in the Sensex pack, plummeting 16.21 per cent.

22 Oct 2019 5:43 PM

Walmart-owned Flipkart and rival Amazon were forced to overhaul their business models, having been upset by changes made late last year to rules governing foreign direct investment for e-commerce marketplaces.

Walmart chief seeks stable business environment from Modi: Report

In January, Walmart told the US government privately that India's new rules were regressive and had the potential to hurt trade ties.

22 Oct 2019 3:01 PM

Loan growth during the quarter slowed to 15 per cent versus a growth of 21 per cent in the same period last year. (Photo: PTI)

Kotak Mahindra Bank beats estimates; quarterly profit surges 51 per cent

Net profit rose 17.24 billion rupees for the three months to September 30, compared with 11.42 billion rupees last year.

22 Oct 2019 2:33 PM

The complaint was filed against GHIAL and GMR Aero Technic Ltd (GAT), a wholly-owned subsidiary of GMR Aerospace Engineering Ltd. The latter is a wholly- owned subsidiary of GMR.

Competition panel probes Hyderabad airport operator GHIAL for unfair biz ways

The order against GHIAL has come on a complaint filed with the watchdog by Air Works India (Engineering) Pvt Ltd.

22 Oct 2019 1:06 PM

Arora is the fifth accused to be arrested in the case. (Photo: ANI)

PMC Bank former director's police custody extended

Arora was last week arrested by Mumbai Police''s Economic Offences Wing (EOW) in connection with the alleged Rs 4,355 crore scam.

22 Oct 2019 1:05 PM

One such product that can provide a life cover and help you create substantial wealth is Bharti AXA Life Future Invest Plan.

Is Bharti AXA Life Future invest a good investment plan?

Bharti AXA’s Future Invest Plan is a Linked Limited Pay Life Insurance Plan that offers a host of benefits.

22 Oct 2019 11:45 AM

There are some great deals available on the televisions too.

Attention Modern Shoppers: Get to buy smart electronic deals with SBI Card!

Explore the exciting offers with your SBI Card and make the most of them.

22 Oct 2019 10:48 AM

Probe on charges against Infosys CEO, CFO for unethical practices: Nilekani

The audit committee, will take such steps as may be appropriate based on the outcome of the investigation.

22 Oct 2019 9:59 AM

The proposal pertaining to Sharma's remuneration was approved by members of One97 Communications Ltd at their Annual General Meeting on September 30, 2019.

Paytm founder to take home Rs 3 cr in remuneration in FY20

The remuneration for Sharma stood at a similar level in the last fiscal.

22 Oct 2019 9:45 AM

Loans AUM grew at 38 per cent y-o-y to Rs 27,876 crore and deposits grew 72 per cent on-year to Rs 22,149 crore.

AU Small Finance Bank reports 89 per cent jump in Q2 net profit

The bank's 79 per cent of the loan book is retail with around 95 per cent are secured.

22 Oct 2019 9:38 AM

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Anita Katyal