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  Business   Companies  13 Oct 2017

Business, Companies, 13 Oct 2017

IDBI Bank employees to go on 2-day strike

All India strike in IDBI Banks will be conducted on October 24 and 25 by employees.

13 Oct 2017 8:24 PM

Reliance Jio Q2 loss at Rs 270.5 crore

Total income of Reliance Jio from operations came in at Rs 6,148.7 crore in the September quarter.

13 Oct 2017 8:21 PM

Irdai gets 5 applications for non-life, reinsurance business

Irdai has not received application from any new life insurance company so far.

13 Oct 2017 8:15 PM

Vistara partners with Avis to offer car rental services to passengers

Customers booked on a Vistara flight can opt for this service at the time of booking a ticket or later.

13 Oct 2017 7:29 PM

Idea shares jump 6 per cent; mcap surges by Rs 1,594 cr

Company's market valuation rose by Rs 1,593.6 crore to Rs 28,460.60 crore.

13 Oct 2017 6:11 PM


Reliance Industries Q2 profit up 7.3 per cent, lags estimates

Analysts on average had expected a standalone profit of Rs 88.05 billion, according to Thomson Reuters data.

13 Oct 2017 5:54 PM

Airtel up 8 per cent, mcap surges Rs 12,613 cr on Tata mobile unit deal

At NSE shares of the company surged 7.65 per cent to end at Rs 430.90.

13 Oct 2017 5:49 PM

Tata-Airtel deal good for both sides, to increase Airtel's market share: Fitch

The Tatas and Airtel on Thursday inked a plan wherein consumer businesses of the former will be acquired by the latter.

13 Oct 2017 5:38 PM

Indian telecom consolidation continues with Bharti-Tata deal: Fitch

Bharti's credit profile will improve slightly as it is paying no consideration for operations, rating agency says.

13 Oct 2017 5:34 PM

NCLT route cannot be used effectively in all NPA cases: SBI MD

Banking sector is saddled with non-performing assets (NPAs) of over Rs 8 lakh crore.

13 Oct 2017 4:30 PM


Idea shareholders approve scheme of merger with Vodafone India

Deal gives Vodafone India an implied enterprise value of Rs 82,800 crore and Idea Rs 72,200 crore.

13 Oct 2017 3:14 PM

From home appliances to apparel - check out Amazon, Flipkart, Snapdeal sales!

Amazon India is back with its Diwali version of the ‘Great Indian Festival’ sale, starting October 14 to October 17.

13 Oct 2017 2:27 PM

Not acceding to Indian jurisdiction in tax case: Vodafone to Delhi HC

Vodafone had initiated arbitration under the India-UK BIPA on January 24 this year.

13 Oct 2017 2:20 PM

Want to 'hive off' Yamuna Expressway project, Jaypee tells SC

Jaypee Associates, to deposit Rs 2,000 crore with the registry to safeguard the interest of the home buyers.

13 Oct 2017 1:38 PM

TCS shares gain over 2 per cent after Q2 results

India's largest software exporter TCS dip in net profit to Rs 6,446 crore for the September quarter.

13 Oct 2017 12:36 PM


Govt invites bids for strategic disinvestment of 4 PSUs

Govt wants to sell its entire 98.99 per cent stake in National Projects Construction Corporation.

13 Oct 2017 12:36 PM

TCS sets aside Rs 2,745 crore as contingent liability in Epic case

A US court has pronounced reduced damages in its legal tussle with Epic Systems Corporation.

13 Oct 2017 12:33 PM

AAI tells court Vijay Mallya's defunct KFA owes it Rs 250 crore

Agency goes to court after two Rs 100 crore cheques, for 'landing, parking and terminal navigation' fee, bounce.

13 Oct 2017 12:22 PM

Air India chief Bansal to meet officials today, review latest initiatives

Bansal had said he plans to work on profitability with a missionary zeal, improve the `on time performance' of the airlines.

13 Oct 2017 11:45 AM

Govt puts its 51 per cent stake, control in Pawan Hans on sale

Miniratna PSU at present is under administrative control of civil aviation ministry.

13 Oct 2017 10:11 AM