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  Business   Companies  15 May 2019

Business, Companies, 15 May 2019

CII to focus on enhancing industry competency, job creation

Employment generation would focus on education, skills, livelihood, human resource development.

15 May 2019 7:38 PM

Grofers raises USD 200 mn led by SoftBank Vision Fund for market expansion

This represents the largest primary financing round in the online grocery sector in India, Grofers said in a statement.

15 May 2019 6:14 PM

Amazon Web Services launches availability zone in Mumbai

Microsoft and the new entrant Google are also upping their play in the cloud services market, which is led by AWS.

15 May 2019 5:42 PM

Govt plans to sell 15 pc in RITES via OFS; to fetch about Rs 700 cr

Railways consultancy firm RITES got listed on the bourse in July 2018 after it raised about Rs 466 crore through an IPO.

15 May 2019 5:01 PM

Citi, Paytm tie up to issue credit cards, offer 1 pc cashback on transactions

Citi is already one of the largest credit card issuers in India with over 2.7 million cards in March 2019.

15 May 2019 3:35 PM


Darwin Platform Group, SBI Caps discuss unsolicited bid for Jet Airways

Darwin Platform Group has offered Rs 14,000 crore to acquire Jet Airways, its CEO Rahul Ganpule said.

15 May 2019 2:49 PM

Jet Airways shares continue to fall for 3rd day; tank nearly 7 per cent

After a weak opening, the scrip further tumbled 6.85 per cent to Rs 120.25 -- its 52-week low -- on the BSE.

15 May 2019 1:35 PM

Tata Steel to continue to explore various business options in Europe: TV Narendran

The journey of de-leveraging and creating structurally strong enterprise continues, said TV Narendran.

15 May 2019 12:45 PM

Ex-RBI Deputy Governor appointed as additional director on Yes Bank board

The appointment is for a period of two years with effect from May 14, 2019 to May 13, 2021 or till further orders.

15 May 2019 10:27 AM

Jet Airways saga: CEO Vinay Dube, 3 senior executives deboard airline

The carrier's Chief People Officer Rahul Taneja has also put in his papers.

15 May 2019 8:36 AM


Paytm Mall probe reveals up to Rs 10 crore fraud

A company spokesperson clarified quantum of the fraud would be less.

15 May 2019 8:27 AM

Jaypee Committee of Creditors decides to vote on NBCC bid

Bankers who participated in the CoC meet here opposed putting the NBCC's bid to vote and pitched for further negotiations.

15 May 2019 2:01 AM