Business, Companies, 25th May 2019, News & Stories from India

Thursday, Apr 18, 2024 | Last Update : 09:02 PM IST

Business Companies 25 May 2019

Business, Companies, 25 May 2019

The company is manufacturing module and solar panels, which were cheaper and durable, for Indian markets, general manager(business development) of Adani Solar Cecil Augustine told reporters. (Photo: File)

Adani Solar aims at 50 per cent market share, says company official

Currently 80 per cent of solar panels available in India are made in China.

25 May 2019 9:10 PM

Representatives of HSL, BHEL and Midhani signed an MoU on Friday in the presence of HSL chairman and managing director Rear Admiral LV SaratBabu, the press release said. (Representational Image)

3 firms to bid for building six submarines

Indigenous construction of six conventional submarines is envisaged by Ministry of Defence, said a press release.

25 May 2019 8:11 PM

A big push to get banks and brokerages into Gujarat International Finance Tec (GIFT) City remains far short of expectations.

India's jobs deficit: Project in Gujarat struggling to create employment

GIFT City supports only 9,000 jobs and only about 3 million of its 62 million square feet of planned development have been built.

25 May 2019 6:18 PM

Ficci President Sandip Somany said the NDA government in its second term should make agricultural exports more competitive by adopting a consistent policy.

India should cut interest rates to help exporters amid US-China trade war: Ficci

US-China trade war offers a big opportunity for Indian exports to make a dent in US & Chinese markets, said Ficci chief.

25 May 2019 5:40 PM

The company's total income slipped to Rs 22,545.61 crore in the March quarter from 23,617.83 crore year ago.

NTPC Q4 profit jumps 48.7 pc to Rs 4,350.32 cr; announces 25 pc final dividend

The company's standalone net profit in January-March 2018 was Rs 2,925.59 crore, an NTPC statement said.

25 May 2019 4:39 PM

Its revenue grew 8 per cent to Rs 239.7 crore in the quarter under review from Rs 222.8 crore in the year-ago period, NIIT said in a statement.

NIIT Ltd Q4 net profit up 18 pc to Rs 23 crore

The skills and talent development firm had posted a net profit of Rs 19.7 crore in the year-ago period.

25 May 2019 4:28 PM

Fortis Healthcare MD and CEO Ashutosh Raghuvanshi said: "Our operations are improving steadily, and we are on the path to recovery as the worst is behind us."

Fortis Healthcare posts Q4 net profit of Rs 151 cr

Consolidated revenue from operations increased to Rs 1,184.15 crore from Rs 1,086.38 crore in same quarter a year ago.

25 May 2019 2:42 PM

During the first half of the previous fiscal, banks recovered Rs 60,713 crore from bad loans. (Representational Image)

Public sector banks recover Rs 1.2 lakh cr from bad loans in 2018-19

Banks recovered close to Rs 55,000 crore from the NCLT resolution, an official said.

25 May 2019 1:12 PM

SBI customers of Delhi, NCR and Uttarakhand can attend this programme in 41 locations, the bank said.

State Bank of India to conduct a customer outreach programme next week

The 'Mega Customer Meet', to be held on Tuesday, is expected to engage with 100,000 customers across 500 locations.

25 May 2019 1:01 PM

In 2015, Infosys was selected by Qudos as the technology supplier in its digital transformation project, with the two entering into a Master Banking Services Agreement.

Oz bank sues Infosys for copyright breach

The case is related to alleged copyright infringement, breaching of contract terms and misuse of confidential information.

25 May 2019 2:09 AM

RB enters liquid detergent market with Woolite

The detergent market in India is divided into three segments - premium, mid-range, and popular.

25 May 2019 1:45 AM

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Syed Ata Hasnain