Business, Companies, 12th Feb 2019, News & Stories from India

Saturday, Apr 20, 2024 | Last Update : 11:42 AM IST

Business Companies 12 Feb 2019

Business, Companies, 12 Feb 2019

Gupte succeeds Prat Kumar, who was appointed vice president and program manager of Boeing's F-15 fighter aircraft program in November last year.

Boeing appoints Salil Gupte as India head

Gupte will advance the development and execution of Boeing's strategy in India.

12 Feb 2019 1:52 PM

Swiggy Stores will give its merchant-partners unmatched access to a combination of core assets to reach more existing and new customers.

Swiggy moves beyond food delivery, opens Stores to deliver everyday needs

Company will deliver from these stores in categories such as fruits and vegetables, kiranas and supermarkets.

12 Feb 2019 1:28 PM

Walmart spokeswoman Molly Blakeman told Reuters the retailer and Deliv mutually decided to end the partnership. (Photo: AFP)

Walmart, Google-backed Deliv end online grocery partnership

Walmart is now working mostly with restaurant delivery firms that deliver an order.

12 Feb 2019 1:00 PM

Domestic air traffic is forecast to rise by 14 to 16 per cent in financial year 2020, CAPA India said.

Indian airline sector to shrink losses by two-thirds next year: CAPA India

Indian carriers to lose a collective USD 550 million to USD 700 million for financial year 2020.

12 Feb 2019 12:53 PM

Earlier on February 4, the NCLAT has asked NCLT Ahmedabad to decide by February 11, failing to which it would call records and pass order.

NCLAT extends deadline to decide on Essar Steel insolvency case

NCLT Ahmedabad to decide over the Rs 42,000 cr resolution plan submitted by ArcelorMittal for Essar Steel.

12 Feb 2019 12:25 PM

HAL posted a profit of Rs 1,998 crore in 2015-16, Rs 2,616 crore in 2016-17, Rs 2,070 in 2017-18 and Rs 650 crore until September 2018. (Photo: Twitter)

HAL posted profit of Rs 7,334 crore from 2015-16 to Sept 2018

The government has made significant investments to boost capacity of the HAL in the last three years: Bhamre.

12 Feb 2019 11:55 AM

Total income, however, rose to Rs 5,322.33 crore for the third quarter of 2018-19 as against Rs 5,093.43 crore in same period last year: Andhra Bank.

Andhra Bank's net loss widens to Rs 579 cr in Q3 as bad loans spurt

Andhra Bank had posted a net loss of Rs 532.02 crore in the October-December quarter previous fiscal.

12 Feb 2019 11:47 AM

Total income of the lender came down to Rs 4,112.32 crore in the latest quarter as against Rs 4,841.37 crore in the same period of 2017-18. (Photo: Twitter)

Corporation Bank swings into the black with Rs 60.53 cr profit in Q3

Corporation bank had posted a net loss of Rs 1,240.49 crore in October-December 2017-18.

12 Feb 2019 11:35 AM

IndiGo’s most recent domestic and worldwide offer is pertinent on bookings made over all channels, the carrier specified on its website.

IndiGo offers flight tickets from Rs 899 in new sale

IndiGo's offer on flight tickets is valid till 13 February 2019.

12 Feb 2019 11:00 AM

NSL said the arbitration tribunal had directed both parties to maintain the confidentiality of proceedings and they were not allowed to make public statements. (Photo: AFP/ File)

Monsanto wins arbitration ruling over royalties from Indian seed company

India’s farm ministry has twice slashed royalties that local seed companies pay to Monsanto.

12 Feb 2019 10:29 AM

Sonata’s inorganic play will include acquiring a bouquet of small tech, product, deep technology, platform and IP firms in the US and Europe. (Representational image)

Sonata Software sees growth via acquisitions

The company has a cash reserve of around Rs 350 crore to fund its buyout activities.

12 Feb 2019 1:40 AM

For UII, the loss before tax in Q2FY19 was Rs 868 crore as against Rs 36 crore in same quarter last fiscal.

General insurers see a bleak year

In the first nine months this fiscal year ending March 2019, general insurers have not even crossed Rs 1.2 lakh crore in business.

12 Feb 2019 1:40 AM

1 of 1

Columns

Shobhaa De