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  Business   Companies  16 Apr 2019

Business, Companies, 16 Apr 2019

Nestle India plans to seek shareholders' nod every 5 yrs on royalty to parent firm

Nestle modified an ordinary resolution in a notice dated March 12, 2019 to its shareholders.

16 Apr 2019 4:08 PM

Amid reports of Jet Airways temporary shut down, Goyal out from bidding

Jet Airways is grappling with acute financial crunch and is operating less than 10 planes besides temporary shut downs.

16 Apr 2019 2:25 PM

JSPL produces 1.51 million tonnes steel in Q4; sales at 1.45 million tonnes

JSPL reports its highest ever domestic quarterly steel production and sales in Q4 financial year 2018-19.

16 Apr 2019 1:35 PM

Naresh Goyal opts out from bidding for ailing Jet Airways

Airline sources said Jet Airways founder Naresh Goyal has withdrawn the bid for the airline.

16 Apr 2019 1:18 PM

Wipro investigating potential breach of few employee accounts, ropes in forensic firm

KrebsOnSecurity had said that Wipro's systems had been breached and were being used to launch attacks against some of its clients.

16 Apr 2019 1:13 PM


SpiceJet to expand its Bombardier fleet, induct five more Q400s

The airline had last week announced the induction of 16 Boeing 737-800 NG aircraft on dry lease.

16 Apr 2019 1:00 PM

Shriram Transport Finance to raise USD 500 mn via secured notes

Shriram Transport Finance said these notes, have tenure of 3.5 years and carry an interest rate of 5.95 per cent per annum.

16 Apr 2019 12:26 PM

Reliance Jio applies for in-flight connectivity licence to DoT

This installed base is estimated to generate over USD 32 billion in revenue over the next decade.

16 Apr 2019 12:24 PM

Reliance Industrial Infrastructure reports decline in revenue, net profit

The net profit for the year ended March 31, 2019 was Rs 7.79 crore compared to Rs 9.74 crore on the year-on-year basis.

16 Apr 2019 12:05 PM

Suresh Prabhu calls for review of issues related to Jet Airways

Prabhu has called for working with all stakeholders for their well being.

16 Apr 2019 11:23 AM


Foxconn chairman mulls presidential bid; plans to withdraw from daily ops

The company later said Gou will remain chairman of Foxconn, though he plans to withdraw from daily operations.

16 Apr 2019 11:03 AM

Infosys to roll out incentive scheme for staff with digital skills

Infosys announced its fourth quarter financials reporting a 10.5 pc growth in consolidated net profit at Rs 4,078 cr.

16 Apr 2019 8:37 AM

Meet on Jet Air fate today

Jet Airways said its services on overseas routes will remain grounded until April 18.

16 Apr 2019 3:03 AM