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  Business   Companies  19 Jul 2019

Business, Companies, 19 Jul 2019

RIL Q1 net rises 6.8 pc; consumer businesses contribute a third of pre-tax profits

Net profit in April-June stood at Rs 10,104 crore while consolidated revenue rose to a record Rs 1,72,956 crore.

19 Jul 2019 8:14 PM

Reliance Jio's Q1 net profit zooms 45.6 pc to Rs 891 crore

RIL statement said that Brookfield will invest Rs 25,215 crore into Tower InvIT.

19 Jul 2019 7:49 PM

IndiGo board meeting to continue on Saturday: CEO Ronojoy Dutta

The board discussed about appointing a woman director, said CEO Ronojoy Dutta.

19 Jul 2019 6:26 PM

Sebi changes formats for limited review, audit reports

This circular shall be applicable with respect to financial results for quarter ending September 30, 2019 and after, Sebi said.

19 Jul 2019 5:47 PM

Reliance Industries Ltd shares fall 1 pc ahead of quarterly results

The scrip declined 1.01 per cent to close at Rs 1,249 on the BSE.

19 Jul 2019 5:14 PM


Airtel could raise USD 3.5 bn more from stake sale in merged tower entity: Moody's

Sale of a significant stake in its tower assets would help in further debt reduction, said Moody's.

19 Jul 2019 5:04 PM

RJio pips Airtel to become India's 2nd largest mobile operator in May: TRAI

RJio added 81.80 lakh new subscribers in May and ended the month with 27.80 pc market share and 32.29 crore subscribers.

19 Jul 2019 2:45 PM

OYO founder Ritesh Agarwal to buy back shares from early investors for USD 2 bn

Agarwal's stake in the company will rise from the current 9-10 per cent to around 30 per cent.

19 Jul 2019 2:36 PM

Skoda Rapid Rider launched at Rs 6.99 lakh

Gets cosmetic updates and competitive price tag to capture buyers from a segment below.

19 Jul 2019 12:33 PM

Jet Airways RP gets claims worth Rs 24,887 cr; rejects Rs 229 cr claim from JetAir

After 4 rounds of hearing, NCLT has asked the RP to file periodic reports on the development in the resolution process.

19 Jul 2019 9:33 AM


ShopClues lays off 200 employees: sources

ShopClues posted losses of Rs 2.08 billion (Rs 208 crore) for the year ended March 2018.

19 Jul 2019 9:27 AM

Govt seeks explanation from IndiGo on Gangwal's complaint

The company will respond to MCA within the prescribed period," the filing said.

19 Jul 2019 9:17 AM

Profit soars for Microsoft fueled by cloud, business services

Microsoft shares rose 1.4 per cent to USD 138.35 in after-market trading that followed release of the earnings figures.

19 Jul 2019 8:31 AM