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IL&FS Group holds 73.70 per cent stake in Schoolnet India Ltd (SIL).

Business

IL&FS gets creditors' approval for sale of education business

The transaction marks the latest step towards overall resolution of debt totalling around Rs 94,000 crore.

12 Nov 2019 3:23 PM IST

Google said in a blog post on Monday that patient data cannot and will not be combined with any Google consumer data.

Business

Google signs healthcare data and cloud computing deal with Ascension

Google and Ascension operates 150 hospitals and more than 50 senior living facilities across the United States.

12 Nov 2019 1:29 PM IST

$At the Railway Wagon Manufacturers Meet in the city Jindal Stainless Head Sales Vijay Sharma said, \Jindal Stainless holds a 70 per cent market share in the stainless steel wagon segment.$ Business

Jindal Stainless reports Q2 profit at Rs 52 crore

The company clocked standalone net revenue of Rs 3,170 crore compared to Rs 3,068 crore in the same period.

12 Nov 2019 12:54 PM IST

Tata Chemicals, which has the interest of its employees well-being, promotes ethical conduct at work, work-life balance, supportive maternity leave, flexible work hours

Business

Tata Chemicals features in top 10 safe workplaces for women in India

Nationwide survey on Safe Places to Work evaluated organisations on degree of safety & inclusiveness provided to women...

12 Nov 2019 10:49 AM IST

In 2017, OLX ran the program across 20 cities touching over 3,000 dealers.

Business

OLX Group to invest up to USD 400 mn in FCG

OLX Group's new investment of up to USD 400 million comprises a primary injection of capital in FCG.

12 Nov 2019 9:53 AM IST

The Cabinet on Wednesday relaxed rules for state-owned Coal India Ltd for extraction of natural gas.

Business

Coal India Q2 net profit up 14 pc to Rs 3,522 crore

The company's net profit stood at Rs 3,084.54 crore in the year-ago period, it said in a regulatory filing.

12 Nov 2019 9:43 AM IST

The app is one part of a multi-billion dollar drive by Alibaba to extend its dominance of online shopping into physical stores.

Business

Alibaba's Singles' Day sales hit new record of USD 38 billion

The Alibaba Group's various shopping platforms' total GMV exceeded USD 10 billion in just 29:45 seconds.

12 Nov 2019 9:28 AM IST

BSNL has pegged its internal target for VRS at 77,000 employees, and the effective date of voluntary retirement under the present scheme is January 31, 2020.

Business

Nearly 70,000 BSNL employees opted for VRS so far: Chairman

The two firms will also monetise assets worth Rs 37,500 crore in the next three years.

11 Nov 2019 3:56 PM IST

Over 10 lakh offline merchants across India accept Paytm for payment including taxis, autos, petrol pumps, grocery shops, restaurants, coffee shops, multiplexes, and parking.

Business

Paytm plans to invest Rs 500 crore in tech start-ups

The company said it expects to employ technology across the growing internet to become the dominant player in AI.

11 Nov 2019 2:55 PM IST

Business

Apple co-founder says Apple Card algorithm gave wife lower credit...

On Saturday, Wozniak chimed in with a similar experience, saying he got 10 times more credit on the card, compared with...

11 Nov 2019 12:54 PM IST

The Board of Vijaya Bank has given its approval to a government proposal of consolidation with Bank of Baroda and Dena Bank as per reports from ANI.

Business

Bank of Baroda shares jump over 5 pc on higher Q2 earnings

The bank had posted a net profit of Rs 425.38 crore in the corresponding quarter of the previous financial year.

11 Nov 2019 12:09 PM IST

Domestic passenger vehicle sales were up 6.38 per cent at 3,00,722 units in March as against 2,82,698 units in the same month last year.

Business

Passenger vehicle sales rise marginally in October

Domestic car sales were down 6.34 per cent to 1,73,649 units as against 1,85,400 units in October 2018

11 Nov 2019 12:06 PM IST