Business, Companies, 17th Aug 2018, News & Stories from India

Friday, Apr 26, 2024 | Last Update : 01:25 PM IST

Business Companies 17 Aug 2018

Business, Companies, 17 Aug 2018

A section of Air India pilots have threatened to stop operations if their flying allowance dues are not paid immediately.

Air India pilots threaten to stop operations on flying allowance dues

ICPA represent over 700 pilots of the airline's Airbus 320 family fleet.

17 Aug 2018 6:26 PM

Realty firm Supertech will invest about Rs 800 crore this fiscal year on construction of various projects to achieve targeted delivery of 10,000 flats, a top company official said on Friday.

Supertech to invest Rs 800 cr on construction; to deliver 10,000 flats

Noida-based firm is also eyeing its sales booking to rise to Rs 3,000 crore.

17 Aug 2018 5:41 PM

State-owned GAIL India has sought shareholder nod to amend the charter of the company to invest in start-ups, build solar power plants and set up battery charging stations for electric vehicles as it looks to diversify its portfolio beyond gas and petrochemicals.

GAIL seeks foray into solar power plants, battery charging stations

There is a necessity to adopt new and different pathways to provide clean, cost-effective and efficient mobility services.

17 Aug 2018 5:23 PM

The Carmichael mine has faced years of delays amid opposition from environmental groups who argue it will contribute to global warming and damage the Great Barrier Reef, leading some banks to rule out any role in funding.

Australian court quashes indigenous challenge to Adani mine

The company said the verdict allows it to secure land tenure for the site.

17 Aug 2018 5:07 PM

Paytm Mall, owned by Paytm E-commerce Pvt Ltd., has ramped-up its efforts to expand their business with a three-fold rise in the annual gross sales, with a target to achieve USD 10 billion mark by March 2019.

Paytm Mall targets USD 10 billion annual gross sales by March 2019

Paytm E-Commerce, which runs the online marketplace, achieved USD 3.5 billion in annualized gross sales in June 2018.

17 Aug 2018 4:56 PM

Beleaguered carrier Jet Airways is in advanced stage of discussions with TruJet to sublease up to seven of its ATR planes to the regional carrier as it seeks to reduce costs and mop up additional revenues amid cash drought.

TruJet in talks with Jet Airways to sublease up to 7 ATRs

The Naresh Goyal-promoted full service carrier currently has 15 ATRs in its fleet.

17 Aug 2018 3:23 PM

The government wants to engage the citizens and commercial enterprises are increasingly reaching out to the consumers for market share.

Indian banks, insurance cos increasingly embracing digitisation: US tech expert

Indian government is giving citizens direct access and connectivity, shifting away from bureaucracy.

17 Aug 2018 2:22 PM

The company has been making a 'strong focus' on exports to de-risk from cyclicality in Indian market and to globalise the product portfolio.

Ashok Leyland to supply 300 double-decker buses to BRTC

The delivery of buses to BRTC will take place within eight months.

17 Aug 2018 12:15 PM

OVL said it would continue with the arbitration process and work simultaneously with Sudan to find out a suitable mechanism of resolving the issues.

Sudan wants ONGC Videsh to withdraw arbitration over oil payment dues

At the centre of dispute is ONGC’s 25 per cent stake that the company had acquired in GNOP in Sudan in 2003.

17 Aug 2018 11:02 AM

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