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  Business   Companies  22 Mar 2019

Business, Companies, 22 Mar 2019

Canara Bank issues bonds from London branch to raise up to USD 400 mn

Shares of the bank closed 1.63 per cent down at Rs 271.70 a piece on the BSE.

22 Mar 2019 4:24 PM

Fitch assigns investment grade rating to NTPC's proposed notes

The proposed notes are to be issued out of NTPC's USD 6 billion medium-term note programme.

22 Mar 2019 4:08 PM

Sterling Biotech case: Accused Hitesh Patel held in Albania on ED notice

Hitesh Patel was apprehended by law enforcement officials of Albania in Tirana on March 20, say officials.

22 Mar 2019 3:13 PM

GVK Group co to acquire 12 cr shares in Mumbai airport for Rs 924 cr

After completion of deal GVK Group's shareholding in MIAL will increase to 74 pc from existing 50.5 pc, the company said.

22 Mar 2019 2:52 PM

SpiceJet in talks with lessors to induct aircraft

Alrline looks to fill a gap after the grounding of its Boeing MAX 8 fleet.

22 Mar 2019 2:38 PM


Govt extends IGST, compensation cess exemption under various export promotion plans

These exemptions have been extended for exporters buying inputs domestically or importing for export purpose.

22 Mar 2019 2:24 PM

Alto best selling PV model in Feb; Maruti makes clean sweep of top six spots

According to the latest data by SIAM, Alto had sold 19,941 units.

22 Mar 2019 2:15 PM

Tata Power SED bags Rs 1,200 cr contract from defence ministry

The contract will be executed by Tata Power SED as the prime contractor with foreign OEM.

22 Mar 2019 2:10 PM

IL&FS Transportation Networks defaults on NCD payments due to insufficient funds

The group's total debt stood at over Rs 90,000 crore as of October 2018.

22 Mar 2019 1:26 PM

PNB scam exposes gaps in Indian banking sector

Rs 14,000 crore, fraud nearly brought India’s second biggest state-run bank on its knees.

22 Mar 2019 1:06 PM


Chinese smartphone firms jazz up products, seize turf in home market from Apple

People are more attached to their phone than ever and have higher expectations, said Alen Wu, global vice president at Oppo.

22 Mar 2019 10:43 AM

India state banks want Jet Airways' Goyal to reduce stake to 10 pc: report

government has asked state-run banks, led by SBI, to rescue Jet without pushing it into bankruptcy.

22 Mar 2019 9:44 AM

RIL sells fuel via Europe to Caracas to skirt curbs

Reliance, an Indian conglomerate controlled by billionaire Mukesh Ambani, has significant exposure to the financial system of the US.

22 Mar 2019 6:25 AM