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  Business   Companies  17 Oct 2017

Business, Companies, 17 Oct 2017

BSNL offers unlimited calling, data on Bharat phone for Rs 97 per month

BSNL, which operates across the country except Delhi and Mumbai, has over 98 million mobile subscribers.

17 Oct 2017 6:49 PM

Wipro Q2 net profit dips to Rs 2,143 crore

Revenues from IT services segment stood at USD 2.013 billion up 2.1 per cent sequentially.

17 Oct 2017 5:48 PM

Air India to be sold off in parts, free from 'overall debt'

Earlier in the year, the Union Cabinet gave 'in-principle' nod to the disinvestment of the national carrier.

17 Oct 2017 5:47 PM

Axis Bank Q2 net profit rises 38 per cent to Rs 432 cr

Bank had posted a net profit of Rs 319 crore for the July-September period of 2016-17.

17 Oct 2017 5:40 PM

Lower underwriting losses, combined ratio lift ICICI Lombard

For general insurance arm of ICICI Bank Group, this is first quarterly result after going public with an IPO.

17 Oct 2017 5:34 PM

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ACC Cement Q3 net profit jumps over two-fold to Rs 181 crore

Shares of ACC Cement closed at Rs 1,804.00 apiece, up 0.45 per cent from previous close.

17 Oct 2017 4:38 PM

Volvo's electric car brand Polestar unveils first model

Hybrid Polestar 1, a four-seat coupe with a lightweight carbon-fiber body, promises a range of 150 kilometers on a charge.

17 Oct 2017 4:03 PM

E-commerce sector gets $2.1 bn in July-Sept; defies eco slowdown

Investmensts in ecommerce companies from foreign players during three months rose 17 per cent.

17 Oct 2017 4:00 PM

HT Media Q2 net jumps over two-fold at Rs 66 crore

Media firm had posted a net profit of Rs 30.93 crore during same period previous fiscal.

17 Oct 2017 2:39 PM

Vodafone partners with HP, KPMG for GST solutions in India

The solution includes HP hardware, GST invoicing software by KPMG, cloud storage for storing invoice data, among other things.

17 Oct 2017 2:34 PM

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Bajaj Auto Q2 net profit dips marginally to Rs 1,194 crore

Total income of the company, however, rose to Rs 6,863.61 crore as compared with Rs 6,775.03 crore.

17 Oct 2017 2:22 PM

IRCTC to get Rs 80 cr refund for revenue loss from FinMin

Report says value of IRCTC has come down after govt scrapped service charge on online ticket bookings.

17 Oct 2017 2:18 PM

ICICI Lombard Q2 profit rises 19 per cent to Rs 204 crore

ICICI Lombard's profit rose by 38.5 pc to Rs 418 crore as compared to Rs 302 crore same period a year ago.

17 Oct 2017 2:18 PM

Snapdeal CFO Anup Vikal quits after Flipkart merger talks hit dead-end

These departures comes after the e-commerce platform announced its decision to adorn a ‘2.0 version’ of itself.

17 Oct 2017 2:08 PM

Infosys to announce Q2 results on October 24

Company has opted to release results after the trading hours, against usual drill of a morning announcement.

17 Oct 2017 1:54 PM

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Govt will prefer selling Air India to domestic buyer for its divestment

Govt says it has yet to decide what to do with carrier’s debt burden of Rs 55,000 crore.

17 Oct 2017 10:40 AM

Despite spike in bad loans, DCB Bank net jumps 21 per cent

City-based bank's core net interest income rose 30 pc to Rs 248 crore on back of a 20 per cent credit growth.

17 Oct 2017 10:38 AM

RIL, BP submit revised investment plan for KG-D6 gas finds

The four fields have 617 billion cubic feet of reserves and can produce gas for eight years.

17 Oct 2017 9:39 AM

28 per cent GST slab to see fewer goods

This requirement, industry veterans claim, is forcing large companies to avoid procure their raw materials from smaller companies.

17 Oct 2017 12:40 AM

34 malls to come up by 2020: C&W

Chennai is expected to see six new malls whereas Mumbai and Kolkata would be adding two malls each by 2020.

17 Oct 2017 12:36 AM

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