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  Business   Companies  21 Feb 2019

Business, Companies, 21 Feb 2019

CMA inks wage settlement pact with trade unions

A total of 21 cement companies, consisting major players which cover 60 per cent of the country's total cement capacity.

21 Feb 2019 5:42 PM

Zydus receives USFDA nod for 2 products

The company has received final approval from the United States Food and Drug Adminstration (USFDA) to market generic Phytonadione tablets.

21 Feb 2019 4:25 PM

Panasonic India eyes 15 per cent AC sales growth to Rs 1,400 cr next fiscal

The company is expected to close the current fiscal with an AC turnover of Rs 1,220 crore.

21 Feb 2019 4:16 PM

MobiKwik offers instant life insurance for Rs 20 on its App

This is the second big announcement by MobiKwik in the digital insurance space,

21 Feb 2019 3:36 PM

Lessors doubt Jet Airways rescue plan, pull out more planes: sources

Jet has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.

21 Feb 2019 3:18 PM

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Merger of Vijaya Bank and Dena Bank with BoB to be effective from Apr 1

This scheme may be called the Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda Scheme, 2019, BoB said.

21 Feb 2019 2:12 PM

DCC to take call on Rs 3,050-cr penalty on Airtel, Vodafone, Idea on Thursday

The penalty on Airtel and Vodafone works out to about Rs 1,050 crore each, while in case of Idea Cellular it comes to about Rs 950 crore.

21 Feb 2019 2:07 PM

Coal India gets Sebi exemption for share buy back programme

Coal India had filed an application on February 12 with sebi seeking exemption from the strict enforcement of the buyback norms.

21 Feb 2019 2:00 PM

State-run banks' shares jumped after government announced fund infusion

The government had in October 2017 said it would infuse a total 2.11 trillion rupees into state-run lenders over two years.

21 Feb 2019 1:57 PM

Adani could win Carmichael mine approval within two years

The firm has been at loggerheads with environmental activists in the eight years since the project was first proposed.

21 Feb 2019 1:32 PM

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7.16 lakh jobs created in Dec, 72.32 lakh in last 16 months: Payroll data

EPFO, revised downwards its payroll data for November 2018 by 23.44 per cent to 5.80 lakh against the earlier estimate of 7.16 lakh

21 Feb 2019 1:28 PM

Sitharaman launches vessel, asks defence PSUs to expand market

Many overseas clients have shown an interest in buying from India, says Sitharaman.

21 Feb 2019 1:09 PM

RCap invites Nippon Life to acquire its stake in asset management JV

Reliance Capital held 42.9 per cent stake in Reliance Nippon Life Asset Management Ltd.

21 Feb 2019 12:50 PM

RCom seeks lenders' nod for release of Rs 260 cr in bank account to Ericsson

RCom is confident of raising the balance approximately Rs 200 crore for payment to Ericsson

21 Feb 2019 12:22 PM

Tech Mahindra to buy back shares at 14.59 pc premium for Rs 1,956 cr

The share buyback proposal has been approved by the company's board.

21 Feb 2019 11:45 AM

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E-comm market, rising data consumption opportunities to expand in India: Seagate

E-commerce platforms are now moving very-very quickly into mobile as well.

21 Feb 2019 10:33 AM

Debt-laden Jet Airways edges closer to safety

The airline has also seen its share price suffer as it navigated through several negotiations with its lenders and shareholders.

21 Feb 2019 10:25 AM

Coal India gets Sebi exemption for share buy back programme

Coal India had filed an application on February 12 with sebi seeking exemption from the strict enforcement of the buyback norms.

21 Feb 2019 10:08 AM

IL&FS group stocks drop up to 5 per cent

The ED conducted raids in Mumbai and Delhi-NCR region in connection with the multi-crore IL&FS payment default crisis:officials.

21 Feb 2019 10:04 AM

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