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  Business   Companies  24 May 2017

Business, Companies, 24 May 2017

Videocon shares see massive sell-off; plunge 42 pc

The 3-days decline has wiped out Rs 1,407.43 crore from the company's market valuation.

24 May 2017 6:37 PM

Vishal Sikka's salary slumps 67 per cent in FY17

Cash component of Sikka's salary was Rs 16.01 crore, down from Rs 48.73 crore in 2015-16.

24 May 2017 6:27 PM

Nokia keen to participate in Telangana Fibre-grid project

A delegation led by IT Minister K T Rama Rao interacted with top leadership of major global corporations.

24 May 2017 5:32 PM

EasemyGST, Microsoft in pact to help SMEs get GST compliant

Any business subscribing to the EasemyGST solutions will just have to maintain a spreadsheet of their purchases and sale.

24 May 2017 5:07 PM

SBI extends date of filing nomination for directors to May 29

The reason for extension was not given in the notice.

24 May 2017 4:39 PM


HCL Technologies to buyback shares at Rs 1,000 apiece

The company will pay 17 per cent premium over current trading price.

24 May 2017 4:03 PM

India may look elsewhere for coal requirements: Aus minister

Company was now waiting for the state government's decision on the new royalties scheme.

24 May 2017 3:12 PM

IT industry to create 25-30 lakh jobs by 2025: Prasad

IT Minister Ravi Shankar Prasad refutes there is any downturn in employment in this sector.

24 May 2017 2:47 PM

BSNL starts satellite phone service

The service will cover areas where no networks are present and be provided by INMARSAT which has 14 satellites.

24 May 2017 2:44 PM

Future Retail looks to expand neighbourhood stores

Future Retail operates 538 Easy Day and Heritage Fresh neighbourhood stores, at present.

24 May 2017 2:13 PM


IT workers fora flay steep hike in top executives compensation

Year-after-year, the IT companies remove and sack professionals and simultaneously hike their top executives.

24 May 2017 1:49 PM

Voltas shares rises after company reports net profit

the company reported a 22 per cent increase in consolidated net profit for the fourth quarter.

24 May 2017 1:08 PM

Tata Motors shares jump after robust performance from JLR

After a positive opening, the company further gained 5 per cent to Rs 472.95 on the BSE.

24 May 2017 12:53 PM

Moody's change Airtel credit rating

Moody's, however, affirmed 'Baa3' rating on the company because of its leadership position, strong spectrum portfolio etc.

24 May 2017 10:21 AM

Jet airways announce special economy fares

The airline announced all-inclusive, one-way special fares starting from as low as Rs 1,079 on select routes for a limited period.

24 May 2017 9:28 AM


India eyes No. 2 spot in steel buseness

The minister pointed that India became second largest stainless steel producer in the world in 2016 leaving Japan behind.

24 May 2017 12:55 AM