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  Business   Companies  28 Mar 2017

Business, Companies, 28 Mar 2017

Axis Bank shares gain over 3 pc; mcap rises by Rs 3,908 cr

The company's market valuation climbed Rs 3,907.87 crore to Rs 1,20,415.87 crore on BSE.

28 Mar 2017 7:30 PM launches new platform for real estate developers

In January, merged with The News Corp-backed realty portal

28 Mar 2017 6:26 PM

COAI wants govt to check mobile handset quality

Cellular operators' body says that role of devices in service quality and call drops has not been considered "adequately".

28 Mar 2017 4:24 PM

Air India projects to post operational profit

The company is likely to post profit of Rs 300 crore in the current fiscal.

28 Mar 2017 3:54 PM

Air India, BSNL among 43 CPSEs making losses for 3 years

Major reasons for losses include resource crunch, low capacity utilisation, oil plant and machinery among others.

28 Mar 2017 3:31 PM


ICICI Bank,Truecaller unite for UPI-based payment

It will also enable users to recharge their mobile number from within the Truecaller app itself.

28 Mar 2017 2:54 PM

SBI may cut 10 pc jobs after merger with sister banks

At present country's largest lender employees 207,000 workforce, a number likely to go up on merger.

28 Mar 2017 2:38 PM

RBI nod awaits Vedanta-Cairn merger

RBI is still to give nod for issuing redeemable preference shares to the non-resident shareholders.

28 Mar 2017 2:19 PM

SoftBank proposes merger of Snapdeal with Flipkart

Kunal Bahl-promoted ecommerce giant has been in trouble for lack of funds and low profitability.

28 Mar 2017 2:07 PM

LED television market set to witness a price war

Big brands like LG, Samsung and Sony reduce prices of LED television sets by 15 per cent to beat competition.

28 Mar 2017 12:52 PM


NTPC okays Rs 3,000 cr investment for Talaipalli coal mining project

NTPC realises that greater self reliance on coal will go a long way in ensuring the sustained growth of power generation.

28 Mar 2017 12:36 PM

L&T wins Rs 2,903 cr job contract from MHADA

The scope of work comprises design and construction of 20 residential towers for rehabilitation.

28 Mar 2017 12:27 PM

Bharti Airtel sells stake of its telecom tower unit

Bharti's stake in Infratel will stand at 61.7 percent, while KKR and Canada Pension will own 10.3 percent.

28 Mar 2017 10:52 AM

Union Textiles Minister reviewes MUDRA scheme

Scheme facilitates margin money of up to Rs 10,000, credit guarantee and loans at concessional rate of 6 per cent

28 Mar 2017 9:24 AM

ICICI Prudential Life receives fines from Irdai

Irdai has slapped a fine of Rs 20 lakh on private insurer after certain observations.

28 Mar 2017 9:13 AM