Business, Companies, 8th Feb 2019, News & Stories from India

Friday, Apr 26, 2024 | Last Update : 02:20 PM IST

Business Companies 08 Feb 2019

Business, Companies, 08 Feb 2019

The companies will combine their respective mobile, enterprise and carrier services businesses in Kenya to operate as Airtel-Telkom. (Photo: PTI)

Bharti Airtel unit to merge with Telkom Kenya

Bharti Airtel was in talks to buy Telkom Kenya, to create a stronger challenger to market leader Safaricom.

08 Feb 2019 5:49 PM

Shares of the company on Friday ended 3.70 per cent down at Rs 469.55 apiece on BSE.

Tata Steel Q3 net profit jump over 54 pc to Rs 1753 crore

Total income jumped to Rs 41,431.37 crore during October-December 2018, from Rs 33,672.48 crore.

08 Feb 2019 4:59 PM

Total income of the bank also came down to Rs 3,585.56 crore during October-December period of 2018-19, as against Rs 3,721.93 crore in same quarter of 2017-18, the bank said in a regulatory filing. (Photo: Facebook)

UCO Bank Q3 net loss at Rs 998 cr as bad loans balloon

UCO bank had posted a net loss of Rs 1,016.43 crore in the same quarter of the previous fiscal.

08 Feb 2019 3:23 PM

Reliance Group Chairman, Anil Ambani (Photo: File)

Reliance Group says L&T Finance, Edelweiss Group caused share drop

Reliance Infrastructure Ltd and Reliance Power Ltd, and made open market sale of about 4 billion rupee during Feb 4-7.

08 Feb 2019 3:10 PM

Saddled with debt of about USD 1.14 billion, Jet Airways has been hit by price competition, rupee depreciation and high oil costs. (Photo: File)

Jet Airways grounds four aircraft after failing to pay lessors

Jet Airways Ltd has grounded four aircrafts after failing to make payments to lessors.

08 Feb 2019 1:58 PM

Amid the cash crunch, the airline is making delayed payment of salaries to many of its staff.

Jet Airways board meet on Feb 14 to approve Dec quarter results

Cash-starved Jet Airways has mopped up Rs 250 crore from advance sale of tickets to its customer loyalty programme Jet Privilege.

08 Feb 2019 1:56 PM

Amazon CEO Jeff Bezos accuses Enquirer of ‘blackmail’ over intimate photos

Bezos was in a relationship with former news anchor and entertainment reporter Lauren Sanchez — having accessed private text messages.

08 Feb 2019 1:52 PM

Shares of Indiabulls Housing Finance were trading 4.98 per cent lower at Rs 620.25 apiece on BSE.

Softbank invests Rs 2,800 cr in Indiabulls Housing Fin's associate OakNorth

The current loan book of OakNorth is Rs 21,390 crore and the bank has no delinquencies as on date.

08 Feb 2019 11:04 AM

The company has posted a net profit of Rs 1,214.6 crore, was hurt by the US-China trade war, low demand for diesel cars in Europe and Brexit worries.

JLR bites, Tata Motors net loss hits Rs 26,961 crore

The luxury carmaker also shut down one of its plants in October to cope with the weakening demand.

08 Feb 2019 1:38 AM

The Mumbai-headquartered auto major’s dealerships across the country confirmed that the Tata Nano hatchback has been taken off from production. (Photo:File/AP)

Tata stops Nano supplies to dealers

Interestingly, most of these dealerships are enticing buyers with a minimum discount of Rs 15,000-Rs 20,000 on the 2018 inventory.

08 Feb 2019 1:34 AM

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Sunil Gatade