Business, Companies, 15th Apr 2019, News & Stories from India

Friday, Apr 19, 2024 | Last Update : 01:39 PM IST

Business Companies 15 Apr 2019

Business, Companies, 15 Apr 2019

Axiata's Vodafone Idea rights issue entitlement fully subscribed

"Axiata renunciation was fully subscribed on strong demand," said Vodafone Idea Chief Financial Officer Akshaya Moondra.

15 Apr 2019 7:48 PM

In a release on Monday, the SpiceJet said it will be the first Indian budget carrier to launch daily direct flights on the Mumbai-Colombo, Mumbai-Dhaka, Mumbai-Riyadh, Mumbai-Hong Kong and Mumbai-Kathmandu sectors. (Photo: PTI)

SpiceJet shares 8.6 pc after announcement of new international destinations

SpiceJet scrip climbed 8.60 per cent to close at Rs 119.35 on the BSE.

15 Apr 2019 5:43 PM

TCS reported a net profit of Rs 6,904 crore in the year-ago period, TCS said in a regulatory filing.

TCS shares jump nearly 5 pc after Q4 results; m-cap rises by Rs 36,136 cr

TCS scrip gained 4.78 per cent to close at Rs 2,110.05 on the BSE. During the day, it jumped 5 pc to Rs 2,115.

15 Apr 2019 4:54 PM

Government has decided to extend the deadline for submission of EoI for AIATSL till May 16. (Photo: Air India | twitter)

Govt to extend deadline for submission of bids for sale of AI's ground handling arm

Proceeds from the sale of these four subsidiaries would be used to pay off Air India's debt.

15 Apr 2019 2:57 PM

Financial creditors recovered 48.24 per cent of their admitted claims and operational creditors got 48.41 per cent of their admitted claims. (Representational Image)

Creditors recover nearly half of total claims in 88 insolvency cases

Claims totalling a little over Rs 1.42 trillion were admitted in 88 cases under IBC till Feb 28, IBBI data showed.

15 Apr 2019 2:02 PM

In a release on Monday, SpiceJet said it would be the first Indian budget carrier to launch daily direct flights on the Mumbai-Colombo, Mumbai-Dhaka, Mumbai-Riyadh, Mumbai-Hong Kong and Mumbai-Kathmandu sectors. (Photo: PTI)

SpiceJet to start non-stop flights to Colombo, Jeddah, 5 other int'l destinations

Boeing 737 NG aircraft would be deployed in the new routes.

15 Apr 2019 12:42 PM

The airline is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors amid severe paucity of cash.

Jet pilots appeal SBI to release Rs 1,500 cr funds, asks PM to save 20,000 jobs

The airline's pilots along with engineers and senior staff were last paid for December, 2018.

15 Apr 2019 11:45 AM

The scrip made a weak opening and dropped 4.56 per cent to Rs 713.70 as the trade progressed on the BSE. (Photo: PTI)

Infosys shares drop nearly 5 per cent post Q4 earnings

Infosys saw its revenues increase 19.1 per cent to Rs 21,539 crore in the March 2019 quarter from Rs 18,083 crore.

15 Apr 2019 10:58 AM

The scrip after making a positive opening further jumped 3.56 per cent to Rs 2,085.60 on the BSE.

TCS shares gain nearly 4 per cent after Q4 results

Revenue of the firm grew 18.5 pc in the quarter under review to Rs 38,010 cr from Rs 32,075 cr.

15 Apr 2019 10:46 AM

Reliance denies any favouritism or gain from the settlement.

Govt says no link between Reliance tax relief in France and Rafale jet deal

Under India’s defence procurement rules, any company selling equipment must invest at least 30 pc of the contract in India.

15 Apr 2019 8:53 AM

With more than USD 1.2 billion of bank debt, Jet is battling for survival and has yet to receive a loan of about USD 217 million as part of a March rescue deal.

Jet Airways pilots body defers 'no flying' call ahead of lenders meet

SBI considering a proposal to infuse 10 billion rupees (USD 145 million) to keep the airline afloat.

15 Apr 2019 8:46 AM

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Mohan Guruswamy