Sunday, Sep 25, 2022 | Last Update : 08:29 PM IST

  Business   Companies  09 Jun 2017

Business, Companies, 09 Jun 2017

CIL to save Rs 800-1000 crore by closing 37 unviable UG mines

Coal India has some 432 mines and of which 230 are underground mines.

09 Jun 2017 8:11 PM

Telecom industry to meet Jaitley, Sinha on June 22

As per industry estimates, total debt for the sector is at around Rs 4.5 lakh crore

09 Jun 2017 8:08 PM

Cisco says jump in biz post note ban, opens 1st digital centre

The company has nine innovation centres globally at places like San Jose, London,

09 Jun 2017 7:54 PM

Canara bank ties up with New India Assurance

The partnership aims to provide best-in-class general insurance products to Canara Bank customers at highly competitive rates.

09 Jun 2017 7:06 PM

CCI rejects Airtel's complaint against RIL, Reliance Jio

Bharti Airtel's complaint alleging anti-competitive practices by Reliance Industries and Reliance Jio.

09 Jun 2017 6:45 PM


SBI cuts interest on home loans above Rs 75 lakh

For the salaried woman, the new rate will be 8.55 per cent while for others, it is 8.60 per cent.

09 Jun 2017 6:40 PM

Infosys shares fall intraday amid rumours

The stock declined by 3.47 per cent to Rs 923.05 during the day on BSE, but later recovered after it denied the rumours.

09 Jun 2017 5:56 PM

Fitch keeps Lodha's rating at 'B'

Fitch Ratings has affirmed India-based home builder Lodha Developers Pvt Ltd's Long-Term IDR at 'B', and maintained the negative outlook

09 Jun 2017 5:35 PM

Auto makers want govt to keep GST rate on hybrids at 18 per cent

SIAM had suggested 10 per cent differential rate between conventional and hybrid versions in the new GST system.

09 Jun 2017 5:16 PM

SBI to not tap equity markets to satisfy capital needs

Capital ratios will strengthen in the wake of this week's USD 2.3 billion share sale.

09 Jun 2017 4:24 PM


Future Retail to open new distribution centres

GST is an opportunity for retail sector to save cost through efficiency routes.

09 Jun 2017 3:14 PM

Not cancelled unused credit lines to telecom sector: SBI

RBI recently asked banks to immediately review their exposure to the telecom sector, which has total debt of about Rs 4.6 lakh crore.

09 Jun 2017 2:44 PM

K M Birla's salary from Idea reduced to Rs 3.30 lakh

Aditya Birla Group chairman took Rs 13.15 crore in remunerations last year.

09 Jun 2017 2:43 PM

Hindustan Petroleum receives clearance for RBPL

Fuel retailer has received environment clearance for RBPL project cost is Rs 230 crore.

09 Jun 2017 2:32 PM

IndusInd Bank secures $225 mn loan from OPIC to fund MSME

Agreement with OPIC will help IndusInd Bank to further enhance our MSME lending franchise.

09 Jun 2017 2:25 PM


Wockhardt to raise up to Rs 1,000 cr through QIP

The drug firm received shareholders' approval to raise up to Rs 1,000 crore through equity shares or other securities.

09 Jun 2017 1:56 PM

Snapdeal partners with banks to offer summer deals

Offers are valid on all leading product categories including Fashion, FMCG and home decor.

09 Jun 2017 1:31 PM

Passenger vehicle sales up 9 per cent, car sales 5 per cent

The passenger vehicle sales grew to 2,51,642 units while Car sales were up at 1,66,630 units.

09 Jun 2017 12:02 PM

Infosys co-founders may sell stake for Rs 28K crore

However, Murthy has denied any such move from founders; Nilekani did not comment.

09 Jun 2017 11:32 AM

Infosys denies media reports about selling stake

Reports emerged that biggest software services exporter were looking to sell their entire 12.75 percent stake in the company.

09 Jun 2017 11:28 AM