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RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.Business
RCom shares plunge on report of government blocking Jio deal

The DoT rejected the deal to trade airwaves as it did not conform to its guidelines, the paper said.

19 Dec 2018 12:03 PM IST

Tamil Nadu govt this week ordered the state Pollution Control Board to seal and \permanently\ close the Vedanta groups copper plant in Tuticorin.Business
Vedanta stock surges 6 per cent post NGT order on Tuticorin unit

The stock, after a positive opening on the NSE, gained 5.80 per cent to the intra-day high of Rs 213.30.

17 Dec 2018 1:48 PM IST

IOC and the state govt agreed to revised terms at the meeting called at the behest of Pradhan. (Photo: AP)Business
IOC to buy back shares for Rs 4,435 cr; pay Rs 6,556 crore dividend

The government is expected to participate in each of the share buyback programme of these PSUs.

15 Dec 2018 11:31 AM IST

Shares of Syngene International were trading 0.36 per cent lower at Rs 605.20 apiece on BSE.Business
Biocon sells 1.88 per cent stake in Syngene for Rs 230 crore

Biocon, the promoter of Syngene International, on May 16, 2018 has sold 37,65,574 equity shares.

18 May 2018 1:01 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.Business
ONGC shares gain nearly 4 per cent after Q4 results

The board of directors of ONGC recommended a final dividend of Rs 1.35 per share (27 per cent).

31 May 2018 1:14 PM IST

Fortis shares gained 4.17 per cent to end at Rs 153.80 on the BSE on Thursday.Business
Fortis defers board meeting to consider financial results

Fortis shares were trading 0.97 per cent up at Rs 145.25 on the BSE.

30 May 2018 2:43 PM IST

Board members and trustees are also aware that in the case of AirAsia, ethical concerns have been raised with respect to certain transactions as well as overall prevailing culture within the organisation.Business
AirAsia shares slide as probe puts India unit IPO, expansion at risk

Shares slid 6 per cent to a six-month low to give the airline a market value of roughly $2.6 billion.

30 May 2018 10:23 AM IST

Indian Overseas Bank has offered Bharat Bill Payment System, introduced by the National Payments Corporation of India.Business
Indian Overseas Bank's Q4 net loss widens to Rs 3,606.73 cr

Shares of Indian Overseas Bank were trading 2.40 per cent lower at Rs 16.25 apiece on BSE.

30 May 2018 9:55 AM IST

The Cabinet on Wednesday relaxed rules for state-owned Coal India Ltd for extraction of natural gas.Business
Coal India Q4 profit plunges 52 pc on higher expenses

Coal production rose to 183.45 million tonnes from 176.37 million tonnes a year earlier.

29 May 2018 4:26 PM IST

BHEL has already supplied 225 such IGBT-based traction converters, which are in operation with Indian Railways.Business
BHEL net profit up 112 per cent at Rs 457 cr in March quarter

Company's standalone net profit for the entire fiscal, 2017-18 was Rs 806.60 crore, up from Rs 495.86 in the previous...

29 May 2018 2:22 PM IST

The government will sell 5 percent stake in the countrys largest power producer NTPC at Rs 168 per share to raise about Rs 7,000 crore.Business
NTPC Q4 net profit jumps 41 per cent to Rs 2,926 crore

For the entire 2017-18 fiscal, its consolidated net profit came in at Rs 10,501.50 crore.

28 May 2018 4:06 PM IST

Choksi and Modi got issued LoUs and FLCs of Rs 12,636 crore in favour of foreign branches of Indian banks based on fraudulent claims.Business
Gitanjali Gems falls 5 per cent to hit 52-week low

Gitanjali Gems has lost as much as 70 per cent since February 14, the day the PNB fraud came to light.

5 March 2018 12:35 PM IST

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