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  Business   Companies  14 May 2018

Business, Companies, 14 May 2018

ArcelorMittal sees capex rising to USD 3.8 billion in 2018

ArcelorMittal has already announced a major USD 1 billion investment programme for its Mexican operations.

14 May 2018 7:26 PM

CCI approves acquisition of Electrosteel Steels by Vedanta

The statement follows NCLT last month approving the resolution plan submitted by Vedanta Ltd for Electrosteel Steels.

14 May 2018 6:40 PM

Uber Eats bets big on India, sees a 50 pc MoM growth

Uber Eats, the on-demand food delivery app from Uber has completed its first successful year of operations in India.

14 May 2018 6:19 PM

Reliance Naval shares slump nearly 14 pc, Vijaya Bank tags as NPA

The stock dived 13.43 per cent to end at Rs 14.50 on BSE.

14 May 2018 6:08 PM

HUL Q4 net profit rises 14 per cent to Rs 1,351 crore

The company had posted a net profit of Rs 1,183 crore in January-March period a year ago.

14 May 2018 5:46 PM


Paytm automates monthly expenses with 'My Payments'

Paytm is aiming to process Rs 60,000 crore in monthly bank transfers alone by the end of this year.

14 May 2018 2:23 PM

DoT approves merger of Bharti Airtel and Telenor India

The National Company Law Tribunal (NCLT) had approved the proposed merger on March 8.

14 May 2018 1:35 PM

Bajaj Finserv no cost EMI option on 4 lakh products on Flipkart

Customers shopping on Flipkart will enjoy heavy discounts, exchange offers and ease of paying.

14 May 2018 11:46 AM

Flipkart's stake acquisition 'credit positive' for Walmart: Moody's

Indian e-commerce firm is expected to continue to make losses for the next few years.

14 May 2018 11:34 AM

PNB scam: RBI declines to share copies of inspection reports

The scam, considered to be the biggest ever fraud in India's history, came to light earlier this year.

14 May 2018 9:24 AM


Taxmen seek info on Walmart deal

Under Section 195 of the Act, anyone making payment to non-residents is required to deduct tax (commonly known as withholding tax).

14 May 2018 1:52 AM

Realty cos turn to NBFCs

Analysis shows that the cash flow cover falls with adverse movements.

14 May 2018 1:49 AM