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  Business   Companies  04 Oct 2017

Business, Companies, 04 Oct 2017

RCom applies to withdraw towers spin-off plan

This comes after RCom said it and Aircel mutually agreed to scrap merger talks.

04 Oct 2017 9:00 PM

SpiceJet plans to introduce amphibian planes for regional

Airline has plans to launch such flights from Delhi to Jaisalmer, Kanpur and Adampur.

04 Oct 2017 5:33 PM

Rajnish Kumar to succeed Arundhati Bhattacharya as SBI chairman

Kumar was frontrunner along with three other MDs interviewed by Banks Board Burea.

04 Oct 2017 4:55 PM

DoT approaches TRAI on review of spectrum caps for telcos

As per the current rules, operators in each access area are not allowed to exceed the cap of 25 per cent of total radiowaves.

04 Oct 2017 4:04 PM

Louis Vuitton, Oppo to have own stores in India as FIPB gives clearance

The move would help Oppo expand its reach in the world’s third-largest smartphones market.

04 Oct 2017 2:15 PM


Former Kingfisher employee brands decision to release Mallya as 'ridiculous'

Mallya was granted bail and released on a bond of 60,000 pounds and will appear in court for next hearing on Nov 20, 2017.

04 Oct 2017 11:58 AM

Govt to raise $1.7 bn from IPO of reinsurer GIC Re

GIC Re set a price range of Rs 855-912 a share for its IPO that will run through Oct 11-13.

04 Oct 2017 11:46 AM

Crackdown on Muslim-run leather units dents exports, hits jobs

The industry is also grappling with a GST, introduced in July, which has pushed up production costs by 6-7 per cent.

04 Oct 2017 10:37 AM

Amazon to charge Rs 999 for 'Prime' subscription soon

Prime membership is available for only a few more days at the special introductory price of Rs 499 a year.

04 Oct 2017 9:33 AM

Paytm Payments Bank logs Rs 30.7 crore loss in Aug'16 - Mar'17

Payments banks can accept deposits from individuals and small businesses up to Rs 1 lakh per account.

04 Oct 2017 9:29 AM


No impact of Aircel merger cancellation on RCom's rating: Moody's

Moody's had downgraded the credit rating of RCom to 'Ca' from 'Caa1' in June 2017.

04 Oct 2017 9:14 AM

SBI Life makes a muted debut

The market capitalisation of the company stood at Rs 70,800 crore at the end of the trading session.

04 Oct 2017 3:19 AM

Agencies clash on credit profile

Crisil claims improvement, ICRA denies.

04 Oct 2017 3:00 AM