Business, Companies, 12th Oct 2017, News & Stories from India

Thursday, Apr 25, 2024 | Last Update : 03:38 AM IST

Business Companies 12 Oct 2017

Business, Companies, 12 Oct 2017

The stock rose by 3.82 per cent to close at Rs 872.50 on BSE.

RIL up 4 per cent; mcap zooms to record Rs 5.5 lakh crore ahead of Q2 results

At NSE, shares of the company rose by 3.88 per cent to end at Rs 872.75.

12 Oct 2017 8:18 PM

KGF has been successful in getting Coimbatore a much needed international connection to Singapore from Air India Express.

Trade bodies welcome Air India Express flight to Singapore

Flights from New Delhi-Coimbatore-Singapore sector, to be operational from November 18.

12 Oct 2017 7:41 PM

Bharti Airtel will be absorbing Tata Tele’s Consumer Mobile Business’s (Tata CMB) operations across the country in 19 circles.

Airtel to acquire struggling Tata Tele on 'no-debt, no-cash'

Earlier in the week, Tata Group chairman N Chandrasekaran had said that Tata Teleservices was in a debt of Rs 31,000 crore.

12 Oct 2017 7:01 PM

The IPO, India’s biggest in seven years, closes for subscription on Friday.

State-run GIC Re's $1.75 bn IPO subscribed 90 per cent by 2nd day

The institutional portion of the sale has been subscribed nearly 1.7 times, according to the data.

12 Oct 2017 6:14 PM

The Supreme Court on Thursday took strong exception to the Sahara group writing a letter to the Pune police raising the issue of law and order at its Aamby Valley property. (Photo: PTI)

Aamby Valley auctioning: SC irked over Sahara's letter to cops

The Supreme Court was hearing SEBI's plea against the Sahara group for allegedly obstructing the auction of Aamby Valley.

12 Oct 2017 5:05 PM

In terms of equity volume, 1.87 lakh shares of the company were traded on BSE.

TCS shares end nearly 2 per cent higher ahead of earnings

Company's market valuation also surged Rs 9,198.76 crore to Rs 4,87,865.76 crore.

12 Oct 2017 4:51 PM

Bharti Airtel will be absorbing Tata Tele’s Consumer Mobile Business’s (Tata CMB) operations across the country in 19 circles. (File Photo)

Loss-making Tata Teleservices to merge with Bharti Airtel Ltd

Bharti Airtel said the merger will bolster its spectrum in 1800, 2100 & 850 MHz bands, all widely used for 4G.

12 Oct 2017 4:30 PM

Balanced mutual funds received more than Rs 47,000 crore. (Photo: Representational/PTI)

Mutual funds log Rs 2 lakh crore inflows in Apr-Sep FY'18

Equity and ELS attracted over Rs 80,000 crore, balanced funds received over Rs 47,000 crore.

12 Oct 2017 4:30 PM

The company's shares closed 1.21 per cent higher at Rs 413.85 apiece on BSE.

Bajaj Corp Q2 net profit down 13 per cent at Rs 51 crore

Company had posted a net profit of Rs 58.29 crore during the same period of the previous fiscal.

12 Oct 2017 4:19 PM

Bitcoin surged through the USD 5,000 level on Thursday for the first time since its launch eight years ago. (File Image)

Bitcoin surges through USD 5,000-mark for first time

Just like other currencies, bitcoins can be exchanged for goods and services -- or for other currencies.

12 Oct 2017 3:40 PM

A technology expert says fear of job losses due to artificial intelligence are uncalled for. (Photo: PTI)

IT industry alleys job seekers' fears, says hiring pattern intact

Experts also say IT companies continuing to grow, there is nothing abnormal on recruitment front.

12 Oct 2017 2:50 PM

Paytm wallet holders could purchase 24-karat 99.9 per cent purity gold online and store it in MMTC-PAMP- secure vaults free of charge.

Paytm eyes 5-fold growth in gold sales on Dhanteras

Paytm plans to invest Rs 10 crore in marketing to bring more customers on board.

12 Oct 2017 2:41 PM

Total income of the lender also increased to Rs 5,395.92 crore during the quarter under review, as against Rs 4,439.72 crore.

IndusInd Bank Q2 profit rises 25 per cent to Rs 880 crore

Bank had a net profit of Rs 704.26 crore in the July-September quarter of the last fiscal.

12 Oct 2017 2:35 PM

IOC was keen to merge CPCL with itself as viability of a stand-alone refinery in the current scenario was questionable.

IOC drops plans to merge Chennai Petroleum with itself

IOC has major dealings with the US including recent buying of US oil.

12 Oct 2017 2:23 PM

PVR Cinemas has marked its twentieth year in business. (Photo: PVR Cinemas)

PVR Cinemas launches 'PVR Privilege' program to benefit its customers

Loyalty program aims at offering its members an enriched array of first-class redemption opportunities and enhanced benefits.

12 Oct 2017 2:10 PM

Reliance Jio on Thursday unveiled a 'Diwali Dhan Dhana Dhan' offer, promising 100 per cent cashback and locking-in of existing tariff benefits for consumers recharging with Rs 399 between October 12 and 18.

Jio's 'Diwali Dhan Dhana Dhan' offer promises 100 per cent cashback

The recharge will lock in all the existing tariff benefits currently being offered under the Rs 399 plan.

12 Oct 2017 1:56 PM

Flipkart did not specify the time period over which the funds will be infused.

Flipkart commits $500 mn investment in payments arm PhonePe

Commitment is in addition to USD 75 million infused by Flipkart in PhonePe since the acquisition in 2015.

12 Oct 2017 1:24 PM

The loan processing fee under the scheme is Rs 2,000.

SBI's SME Assist to provide short-term loans to MSME clients

The SME customers of the bank can avail loan under the facility till March 31, 2018.

12 Oct 2017 1:02 PM

Jet Airways is country's largest international airline. (Photo: PTI)

Naresh Goyal promoted Jet Airways confirms order for 75 Boeing aircraft

Jet said in a statement that deliveries of the single aisle jets are expected to start in mid-2018.

12 Oct 2017 12:19 PM

The dispute sparked a series of government actions that prompted the world's biggest seed company to withdraw from some businesses in India

Monsanto settles GM cotton dispute with three Indian seed firms

Monsanto says NSL, based in the southern city of Hyderabad, owes it more than $20 million in royalty payments.

12 Oct 2017 12:07 PM

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Dilip Cherian