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  Business   Companies  03 Jul 2019

Business, Companies, 03 Jul 2019

Mindtree says L&T categorised as promoter with 60.06 pc stake

The development is significant as the Mindtree founders had initially resisted the hostile takeover bid.

03 Jul 2019 8:32 PM

IndiGo employs around 50 pc of total foreign pilots working in India: Govt

As per governmant data total of 404 foreign pilots are working in India as of June 10 this year.

03 Jul 2019 7:28 PM

Govt neither divesting nor privatising ONGC: Pradhan

Govt is not privatising the ONGC but adopting a new model wherein both public and private players can participate in oil production.

03 Jul 2019 4:07 PM

ICICI Bank, IndoStar Capital join hands for commercial vehicle financing

ICICI Bank will provide funding to these customers, who have so far limited access to organised credit.

03 Jul 2019 3:08 PM

LG forays into ceiling fan segment in India

The ceiling fans would be manufactured at LG India's plant at Greater Noida.

03 Jul 2019 1:55 PM


Yes Bank shares drop over 8 pc after borrower defaults on loan

According to reports a Mumbai-based realty firm has failed to service interest payments on a Rs 1,200 crore loan to the bank.

03 Jul 2019 12:41 PM

Amazon to add over 2,000 jobs this year

More than 170 of the new jobs in Britain will be at Amazon’s development centers in Cambridge.

03 Jul 2019 9:42 AM

Paytm, Tencent may invest up to USD 125 million in MX Player

Paytm investment plans are part of its long-term plan to focus on providing more content to users and increasing user-engagement.

03 Jul 2019 8:42 AM

L&T pays Mindtree shareholders for shares accepted in open offer

The infrastructure major's open offer - at Rs 980 a share - began on June 17 and concluded on June 28.

03 Jul 2019 8:38 AM

Tata Communications Managing Director, Group CEO Vinod Kumar quits

The company had posted a net consolidated loss of around Rs 82 crore for 2018-19 and Rs 16,527.95 crore in income from operations.

03 Jul 2019 8:34 AM