Business, Companies, 20th Mar 2019, News & Stories from India

Friday, Apr 26, 2024 | Last Update : 04:49 PM IST

Business Companies 20 Mar 2019

Business, Companies, 20 Mar 2019

The commission found that Google and its parent company, Alphabet, breached EU antitrust rules by imposing restrictive clauses in contracts with websites that used AdSense. (Photo: AP)

EU fines Google USD 1.7 billion for abusing online ads market

Last year, Vestager hit the company with a record 4.34 bn euro fine following an investigation into its Android operating system.

20 Mar 2019 5:23 PM

Lenders to make every effort to keep Jet Airways flying: SBI

Pilots union of Jet Airways had threatened to stop flying from April 1 if their salaries are not paid by Mar 31.

20 Mar 2019 4:39 PM

SpiceJet and Jet Airways are the only carriers in India that operate this type of aircraft and have a total of about 400 on order.

SpiceJet in talks to lease some of Jet Airway's grounded planes: source

SpiceJet last week was forced to ground its 12 Boeing Co 737 MAX 8 planes by India’s aviation watchdog.

20 Mar 2019 4:06 PM

As part of "considering a concrete collaboration in new fields", Suzuki will supply Ciaz sedan and Ertiga multi-purpose vehicle to Toyota in India in addition to the already agreed supplies of premium hatchback Baleno and compact SUV Vitara Brezza.

Toyota, Suzuki expand scope of collaboration beyond India to Africa, Europe

Suzuki will supply its India-produced vehicles -- Baleno, Vitara Brezza, Ciaz, Ertiga -- to Toyota for African market.

20 Mar 2019 3:19 PM

The bank had reported a net loss of Rs 1,524.31 crore in the corresponding quarter of the previous fiscal.

RBI says no to IDBI Bank name change proposal

Board of IDBI Bank had last month sought RBI's approval for change in the name of the lender to either LIC IDBI Bank.

20 Mar 2019 2:48 PM

"This seven-year agreement for an incremental $1.3 billion continues to build on the success of the Xerox-HCL relationship, which began in 2009 with product engineering and support services," HCL Tech said in a statement.

HCL Technologies inks USD 1.3 bn managed services agreement with Xerox

HCL manages aspects of Xerox's mechanical, electrical and software activities for printer and imaging product lines.

20 Mar 2019 1:35 PM

Vodafone Idea sets terms for USD 3.6 billion worth rights issue

Shareholders will be able to buy 87 shares for every 38 shares held for an issue price of 12.50 rupees apiece.

20 Mar 2019 1:29 PM

Singh brothers, erstwhile promoters of Fortis Healthcare Ltd, have been asked not to associate themselves with FHL. (Photo: File)

Sebi directs FHL, FHsL to recover Rs 403 cr from Singh brothers, 7 others

The ruling confirms watchdog's interim order where it found that Singh brothers along with 7 entities diverted Rs 403 crore from FHL.

20 Mar 2019 1:27 PM

Anil's heavily debt-laden RCom made a Rs 550-crore payment, including interest, to Ericsson.

RCom shares continue to gain, rally 10 per cent

On the traded volume front, 150.71 lakh shares were traded on BSE and over 3 crore shares changed hands on NSE.

20 Mar 2019 1:05 PM

Mounting troubles dented the stock, with shares falling as much as 6.9 per cent to 213.35 rupees, in their biggest daily percentage fall in over a month.

Jet Airways shares drop as crisis deepens

The government has asked state-run banks to rescue the airline without pushing it into bankruptcy.

20 Mar 2019 12:12 PM

Delhi consumer commission said medical insurance is primarily obtained for the purpose of unforeseen medical conditions and so long as there has been no fraud at the time of obtaining insurance, policies ought to be honoured. (Photo:Represenational/PTI)

People run from pillar to post to get insurance claim: Delhi consumer commission

On most occasions, a person who intends to obtain insurance has no choice to say no to a clause in an insurance policy, the commission said.

20 Mar 2019 12:06 PM

Mobvista is trying to produce the best practices for identifying and reporting fraud and leveraging technology like machine learning to fight fraud in real time.

Advertising fraud: Biggest Setback in growth of digital advertising, says Mobvista

Ad fraud is a modern-day epidemic globally and the fact is that there is no single way to tackle the menace of it.

20 Mar 2019 12:04 PM

The deal is likely to shake up the media landscape. (Photo: AP)

Disney closes USD 71 billion deal for Fox Entertainment assets

Disney also gets a controlling stake in the existing streaming service Hulu.

20 Mar 2019 11:40 AM

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Sunil Gatade