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  Business   Companies  24 May 2019

Business, Companies, 24 May 2019

REC Ltd net profit rises 50 pc to Rs 1,256 crore in March quarter

REC Ltd's consolidated net profit for 2018-19 was Rs 5,741.38 crore, up from Rs 4,450.52 crore a year ago.

24 May 2019 6:24 PM

Ashok Leyland Q4 net dips 12 pc at Rs 653 crore

For 2018-19 fiscal, the firm reported a consolidated profit of Rs 2,194.6 crore as against Rs 1,813.82 crore in 17-18.

24 May 2019 5:04 PM

JSW Steel Q4 consolidated net profit shrinks 48 pc to Rs 1,495 crore

The company had posted a consolidated net profit of Rs 2,879 crore in the year-ago quarter, JSW Steel.

24 May 2019 3:58 PM

Delay in offer: IHH says it 'understands concerns' of Fortis' minority shareholders

The delay is due to the stay imposed on the open offer by the Supreme Court of India in the contempt case filed by Daiichi Sankyo.

24 May 2019 3:23 PM

Infosys completes acquisition of 75 pc stake in ABN AMRO Bank subsidiary Stater

ABN AMRO continues to hold the remaining 25 per cent in Stater.

24 May 2019 1:56 PM


OVL FY19 net profit jumps 71 pc on rise in oil production

Oil production rose to 10.1 million tonnes in 2018-19 from 9.35 million tonnes in the previous year.

24 May 2019 12:17 PM

RCap to exit MF biz, sells RNAM stake to Nippon

The open offer price is at a 15.5 per cent premium to the stock’s 60-day average price, in tune with the Sebi Takeover Regulations.

24 May 2019 2:22 AM

Thomas Cook downgraded for default risk

Thomas Cook also said it is considering multiple bids for either parts or the whole of its airline operation.

24 May 2019 2:17 AM

Avon goes to Brazil’s Natura

Avon, which at present operates in 57 countries, also has strong presence in India through AVON Beauty Products India Pvt Ltd.

24 May 2019 1:59 AM