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  Business   Companies  21 Jul 2017

Business, Companies, 21 Jul 2017

Air India disinvestment: GoM holds first meeting

Cabinet Committee on Economic Affairs late last month gave its in-principle approval for disinvestment of Air India.

21 Jul 2017 8:01 PM

Over 1.62 lakh companies deregistered till July 12: Jaitley

Registrars of Companies have removed 1,62,618 companies from the register of companies as on July 12, 2017.

21 Jul 2017 7:15 PM

BSNL to launch 4G services in Telangana, Andhra Pradesh

The combined AP Circle (covering Andhra Pradesh and Telangana) has achieved highest number of SIM activations in South Zone.

21 Jul 2017 5:54 PM

Reliance Jio to launch fixed line services soon, says Mukesh Ambani

Earlier, he said Jio is targeting to expand its wireless network to cover 99 per cent of country's population in next 12 months.

21 Jul 2017 5:38 PM

Reliance rolls out 4G VoLTE 'JioPhone' for Rs 0

The phone offers life-long free voice calls with cheap data and was aimed at the 50 crore low-income users.

21 Jul 2017 4:24 PM


Six telcos underreported revenue by Rs 61,064.5 cr: CAG

CAG report further pointed to a consequent short payment of revenue share to the Government of India to the tune of Rs 7,697.62 crore.

21 Jul 2017 4:19 PM

Railway ministry working with companies like Apple on train speeds

NITI Aayog approved the ministry's Rs 18,000 crore proposal to increase speeds of the Gatiman Express.

21 Jul 2017 2:27 PM

RIL issues bonus share in 1:1 ratio after 12 years

The first such issue after 12 years, and a dividend of Rs 13 a share.

21 Jul 2017 1:41 PM

Indian Bank Q1 profit rises 21 per cent to Rs 372 crore

Chennai-based bank had standalone net profit of Rs 307.35 crore in April-June quarter of 2016-17.

21 Jul 2017 1:03 PM

Reliance unveils 4G VoLTE ‘most intelligent, affordable phone’

Voice calls made from the 4G VoLTE feature phone will always be free and it will be available in 24 Indian languages.

21 Jul 2017 12:36 PM


Reliance Jio added 7 customers per second: Ambani

Telecom arm of RIL has now 125 million customers which according to Ambani is a world record.

21 Jul 2017 12:26 PM

Vodafone reports better-than-expected 2.2 per cent growth in first quarter

Company said the rise in organic service revenue, which was ahead of market forecasts of 1.4 to 1.9 per cent.

21 Jul 2017 12:16 PM

Reliance Jio's Lyf 4G feature phone launch on the cards at RIL AGM

Currently, Jio is the only player in the telecom market to offer VoLTE, while others are still running it on a pilot basis.

21 Jul 2017 11:14 AM

Wipro reskilled workforce post automation, redeployed 12k staff in 2015

Wipro chief said that a reason for utilisation going down this quarter was release of senior level people through automation.

21 Jul 2017 9:40 AM

Take salary cut or quit, Jet Airways says to junior pilots

The airline, in letters sent to pilots earlier this month, has proposed they either take 30-50 per cent salary and stipend cuts.

21 Jul 2017 6:48 AM


Wipro board okays Rs 11,000 crore buyback

Company is buying back shares for second year running.

21 Jul 2017 6:47 AM