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  Business   Companies  28 May 2019

Business, Companies, 28 May 2019

NCLT asks Sebi to conclude probe into ITC, LIC allegations against Leela

Under Section 241 of the Companies Act, 2013, a minimum shareholding of 10 per cent is required to file such cases.

28 May 2019 7:56 PM

NCLAT gives 4 weeks to Bakshi to settle dispute with HUDCO

The tribunal also directed Bakshi to file a report on the development by filing an affidavit in the matter before it.

28 May 2019 6:12 PM

India's economy big worry for PM Modi, needs stimulus: FICCI

The economy grew 6.6 per cent in the three months to December - the slowest pace in five quarters.

28 May 2019 2:44 PM

PNB narrows Q4 loss to Rs 4,750 crore

Stock of PNB traded at Rs 88.10 on BSE, down 1.34 per cent from its previous close.

28 May 2019 2:12 PM

DLF transfers Rs 330 cr land to JV with GIC for settlement of dues

DLF holds 66.66 per cent while GIC holds 33.34 per cent stake in the JV firm DCCDL.

28 May 2019 12:34 PM


Info Edge to acquire Highorbit Careers for Rs 81 crore

The company has agreed to acquire 100 per cent share capital on a fully diluted basis.

28 May 2019 12:20 PM

IndiGo forecasts strong year as Jet collapse boosts profit

InterGlobe’s profit for the quarter rose to 5.9 billion rupees (USD 84.9 million) from 1.18 billion a year earlier.

28 May 2019 11:45 AM

RINL aims to produce 6.4 MT of liquid steel; 5.8 MT of saleable metal in FY20

A will be signed between Secretary, Ministry of Steel, Binoy Kumar and RINL Chairman and Managing Director P K Rath.

28 May 2019 11:36 AM

Alibaba plans USD 20 billion blockbuster Hong Kong listing: Sources

The deal would be the sixth-biggest follow-on share sale ever.

28 May 2019 9:34 AM

IndiGo posts 5-fold rise in Q4 profit on Jet turbulence

The company had reported a net profit of Rs 117.6 crore for the January-March quarter of 2017-18.

28 May 2019 1:54 AM