Tuesday, Sep 27, 2022 | Last Update : 09:55 AM IST

  Business   Companies  21 Aug 2017

Business, Companies, 21 Aug 2017

Balakrishnan calls for Infosys board rejig before CEO search

V Balakrishnan asserted that Chairman R Seshasayee and Co-chair Ravi Venkatesan must step down as part of a board rejig.

21 Aug 2017 9:06 PM

Essar to trim 67 per cent of Rs 1.05 trillion debt with Rosneft deal

Essar Group director Prashant Ruia described debt reduction of Rs 70,400 crore as largest in history of corporate India.

21 Aug 2017 8:51 PM

Essar Oil-Rosneft deal bars Ruias from re-entering oil refining in India

However, the Ruias will continue to run their refinery in Britain wherein they has 9 million tonne facility at Stanlow.

21 Aug 2017 8:02 PM

Essar Oil CEO resigns as Rosneft takes over after USD 12.9 billion deal

Rosneft and its partners restructured the board of the company, packing it with their representatives.

21 Aug 2017 7:19 PM

Rajiv Bajaj, Avni Biyani among 200 young CEOs to meet Modi

Prime Minister had met 212 young entrepreneurs last week as part of 'Champions Of Change' programme.

21 Aug 2017 6:48 PM


Mohandas Pai lashes out at Sikka for blaming Narayana Murthy

Pai also said that Sikka's appointment as Executive Vice Chairman of Infosys had created a confusing lineup.

21 Aug 2017 5:48 PM

Speculation over my future in Tata Motors annoying: Butschek

Butschek says he was hired purely on professional merit and not personal loyalty.

21 Aug 2017 5:43 PM

GST cuts India Inc Q1 net by 15.7 pc to Rs 87,475 cr

Seven industries reported net loss, while 33 segments reported lower growth in net profit on yearly basis.

21 Aug 2017 5:19 PM

Lottery traders hold protest in Mumbai against 28 per cent GST

Lottery business has reduced to 25 per cent of what it was before the GST came into force on July 1.

21 Aug 2017 5:16 PM

Dena Bank cuts savings rate by 0.5 per cent

For deposits above Rs 25 lakh interest rate will remain unchanged at 4 per cent per annum.

21 Aug 2017 4:52 PM


Festival bonanza: SBI waives off clearing charges on car, gold, personal loans

The country’s largest lender announced a waiver of up to 100 per cent on different kinds of personal loans.

21 Aug 2017 4:27 PM

Step by step guide to fill and submit your first GST return

Implementing company GST Network has drawn out a complete proforma to guide traders on how to file GST return.

21 Aug 2017 3:27 PM

NTPC seeks shareholders' nod to raise Rs 15K crore

The special resolution is listed on agenda of annual general meeting scheduled for September 20.

21 Aug 2017 3:17 PM

Tata Motors to invest over Rs 4K cr to boost car, truck sales

The company has committed to invest Rs 2,500 crore in its passenger vehicles unit.

21 Aug 2017 2:59 PM

Mercedes launches AMG GT R, GT Roadster in India

The company is confident that these two models will bring more customers and redefine the performance motoring segment altogether.

21 Aug 2017 2:16 PM


Tata Power launches electric vehicle charging facility

Tata Power installed its first electric vehicle charging facility at Vikhroli in Mumbai.

21 Aug 2017 1:58 PM

McDonald's ends franchise agreement with CPRL in north, east India

The agreement includes McDonald's 169 fast-food outlets in north and east India run by Connaught Plaza Restaurant Ltd.

21 Aug 2017 1:56 PM

Essar Oil completes sale of India assets to Rosneft for USD 12.9 billion

Essar Oil-Rosneft deal is the largest foreign direct investment (FDI) into the country till date.

21 Aug 2017 12:12 PM

PSU banks hint strike on Tuesday against 'consolidation'

Operations at private lenders like ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank are expected to be normal.

21 Aug 2017 11:19 AM

Infosys shares extend losses after CEO quits

Infosys shares slumped 9.6 per cent on Friday after CEO Vishal Sikka unexpectedly resign.

21 Aug 2017 11:15 AM