Business, Companies, 23rd Jul 2019, News & Stories from India

Thursday, May 02, 2024 | Last Update : 04:14 AM IST

Business Companies 23 Jul 2019

Business, Companies, 23 Jul 2019

The company said it is in the process of submitting a resolution plan to the lenders who are expected to give in-principle approval by month-end.

DHFL shares bounce back; zoom over 14 per cent

The scrip advanced 14.16 per cent to close at Rs 60.05 on the BSE. Intra-day, it jumped 17.49 per cent to Rs 61.80.

23 Jul 2019 5:47 PM

The Hyderabad centre would focus on leveraging PayPals extensive expertise in data science, risk management and machine learning to empower small and medium-sized businesses to identify and protect themselves from fraud.

PayPal mulls data localisation for India, sets up tech centre

Companies store data on global servers data localisation would require them to make additional investment.

23 Jul 2019 3:39 PM

Reliance Infratel, is a subsidiary of RCom, and is presently under corporate insolvency resolution process. (Photo: File | PTI)

NCLAT dismisses contempt petition against Anil Ambani over RCom payment default

A bench headed by NCLAT Chairman Justice S J Mukhopadhaya, dismissed any contempt plea against Ambani and his officials.

23 Jul 2019 3:23 PM

The bank said it will put up the proposal before the shareholders in its ensuing annual general meeting to be held on August 16, 2019.

IndusInd Bank plans to raise up to Rs 20,000 cr by issuing bonds

Stock of IndusInd Bank was trading 0.40 per cent up at Rs 1,422.90 on the BSE.

23 Jul 2019 3:16 PM

DHFL said on Monday its audited results were largely in line with the unaudited net loss it reported on July 13.

Auditors to DHFL raise red flags around quarterly results

The auditors said DHFL had failed to provide them with sufficient explanation or information about these matters.

23 Jul 2019 1:55 PM

Line 3 of the Mumbai Metro, also known as the Colaba-Bandra-SEEPZ line, is partially funded by JICA. (Photo: File)

Blue Star bags Rs 253 cr order from Mumbai Metro Rail Corporation

Shares of Blue Star were trading 1.53 per cent lower at Rs 736 apiece on BSE.

23 Jul 2019 1:20 PM

RIL's standalone net profit of Rs 9,036 crore, up 2.4 per cent over the previous year, was a record.

RIL shares gain 2.5 pc; m-cap rises by Rs 19,974 cr after Q1 earnings

The oil-to-telecom conglomerate reported a net profit of Rs 10,104 crore, or Rs 17.05 per share, in April-June.

23 Jul 2019 12:41 PM

In a regulatory filing HPCL made to stock exchanges on July 21, in the shareholding for the quarter ending June 30, 2019, HPCL again listed ONGC as "public shareholder" and not as its promoter.

HPCL refuses to recognise ONGC as its promoter

Oil and Natural Gas Corp in January last year bought the government's entire 51.11 pc stake in HPCL for Rs 36,915 crore.

23 Jul 2019 12:33 PM

In 2018-19, Air India had made losses of around Rs 7,600 crore.

Air India plans to bring all 17 grounded aircraft back into operation: Lohani

Air India plans to use these aircraft on the new routes where it will start flying soon.

23 Jul 2019 11:24 AM

ISRO has worked to keep import costs low by designing most of the parts for its programme that are then outsourced to the domestic private sector. (Photo: PTI)

Private sector plays significant role in Chandrayaan-2 mission

Companies like L&T and Godrej group contributing with hardware and testing solutions in success of Chandrayaan-2 mission.

23 Jul 2019 8:58 AM

These changes to the onboarding process will make it easier for small sellers, who may not have prior digital expertise.

Flipkart simplifies onboarding process for new sellers

To ensure easy access, the company has also stationed 13 regional teams across the country to help onboard sellers in person.

23 Jul 2019 8:44 AM

According to RedSeer Consulting, this was mainly due to the live streaming of the World Cup cricket.

Cricket helps Hotstar user base to touch 300 million

Among content platforms, Hotstar saw its active monthly user base grow to 300 million in the June quarter against 200 million in the March quarter.

23 Jul 2019 1:13 AM

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Dilip Cherian