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  Business   Companies  18 Jul 2017

Business, Companies, 18 Jul 2017

DCB Bank cuts MCLR rates by up to 0.57 per cent

Banks have switched to MCLR as their new benchmark lending rate from June last year.

18 Jul 2017 7:27 PM

SoftBank's investment in Paytm gets CCI green signal

SoftBank's 20 per cent stake purchase in One97 Communications, which operates digital payments platform Paytm.

18 Jul 2017 7:16 PM

Air India CMD tells staff will safeguard your interests

Lohani's missive to came on a day a section of staff held a protest against proposed privatisation.

18 Jul 2017 6:35 PM

Bharti Airtel appoints Pankaj Tiwari as company secretary

Tiwari is a member of the Institute of Company Secretaries of India and a graduate in law with around 16 years of professional experience.

18 Jul 2017 6:06 PM

Air India net loss reduces to Rs 3,643 crore

Air India's total debt stood at Rs 48,876.81 crore at the end of March 2017.

18 Jul 2017 5:56 PM


Paytm invests in mobile loyalty start-up MobiQuest

Mobile-based loyalty and data analytics firm serves over 200 brands and over 80 million consumers.

18 Jul 2017 5:16 PM

Infosys executive VP Ritika Suri quit; reasons unknown

Suri had led contentious acquisition of Israeli automation technology firm, Panaya by Infosys.

18 Jul 2017 5:10 PM

UltraTech Cement Q1 net profit up 15.14 pc to Rs 897.91 cr

Total income from operations during the quarter under review stood at Rs 8,094.50 crore.

18 Jul 2017 5:09 PM

Govt asks RIL, Shell, ONGC to pay $3 billion

This comes after govt earlier won 'partial' arbitration award over cost recovery in PMT oil and gas fields.

18 Jul 2017 4:38 PM

Eicher cuts truck, bus prices by up to 5 per cent

Other commercial vehicle makers including Tata Motors have already reduced prices following GST roll out.

18 Jul 2017 4:15 PM


Air India eyes proposal to offer voluntary buyouts to 1/3rd of its staff

India's flag carrier is on block after Modi's cabinet approved plans to privatise this loss-making airline.

18 Jul 2017 4:12 PM

IT layoffs, depression reports are exaggerated: Pai

Former CFO of Infosys, T V Mohandas Pai added such 'exaggerated' reports are based on a few events.

18 Jul 2017 3:29 PM

Goldman Sachs to fund Mumbai NGO 'Educate Girls'

Educate Girls secured this funding as a part of '2017 Goldman Sachs Gives Global Analyst Impact Fund' competition.

18 Jul 2017 3:29 PM

SBI's Realty Solutions website will guide you to your 'dream home'

Currently, 9.5 lakhs home units are available on this website including names like DLF, Sobha, Unitech, Tata Housing and more.

18 Jul 2017 1:38 PM

ITC shares tank up to 15 per cent on cigarette cess hike

GST Council raised the cess on cigarettes to take away an estimated Rs 5,000 crore annual.

18 Jul 2017 1:16 PM


Flipkart now offers up to 950 million for Snapdeal

Snapdeal had earleir rejected a takeover offer of $800-850 million from Flipkart.

18 Jul 2017 11:04 AM

Infosys co-founder Murthy regrets quitting as chairman

Murthy, who had infamous run-ins with current management led by Vishal Sikka quit the company in 2014.

18 Jul 2017 10:04 AM

Court orders attachment of Maylla's accounts in IDBI loan default case

CBI had said all arrested IDBI officials were instrumental in sanctioning and facilitating disbursement of loan to KFA.

18 Jul 2017 9:43 AM