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No proposal for merger of United Bank with IDBI Bank

Jul 28, 2014

No proposal for merger of United Bank with IDBI Bank

Shares of United Bank of India were trading at Rs 53, up 8.16 percent on the BSE, while IDBI Bank was trading at Rs 91.10 per unit, up 1 percent. #Business #M&A #BSE #CompanyWatch #NPA #IDBI Bank #United Bank of India
No dream run for Air India fault prone Dreamliners

Jul 25, 2014

No dream run for Air India fault prone Dreamliners

Two Boeing 787s, which were to take off for their destinations just 10 minutes apart yesterday, had to be replaced with new planes which flew the passengers to their respective destinations, Air India said. #air india #CompanyWatch #Civil aviation #Boeing Dreamliner #Flight Duty Time Limitation
ONGC to speed up development of KG gas finds

Jul 22, 2014

ONGC to speed up development of KG gas finds

ONGC chairman and managing director Dinesh K Sarraf recently held an on-site review meeting of Block KG-DWN-98/2 or KG-D5 and fixed 1 April, 2018 as date for start of production. #ONGC #CompanyWatch #Krishna Godavari Basin #Dinesh K Sarraf
Centre plans Rs 39 K cr capital infusion in BSNL, MTNL

Jul 11, 2014

Centre plans Rs 39 K cr capital infusion in BSNL, MTNL

Revenue from operations of BSNL and MTNL have dropped by 11.67 percent and 23.87 percent respectively over the past three years. #BSNL #Ravi Shankar Prasad #CompanyWatch #MTNL #broadband wireless access
Centre open to hiring CIL chief from private sector Goyal

Jul 11, 2014

Centre open to hiring CIL chief from private sector Goyal

The post of CMD has been lying vacant after after Narsing Rao resigned last month. Meanwhile, additional secretary AK Dubey has been given the additional charge of CMD of the company on 26 June for a period of three months. #coal india #CompanyWatch #Narsing Rao #AK Dubey #Piyush Goyal
Vodafone says India sought network access for interception

Jun 06, 2014

Vodafone says India sought network access for interception

The company said it has not included countries in which it operates where no such demands were received. #India #Vodafone #CompanyWatch #Law Enforcement Disclosure report
Air India registers growth in revenue in May

Jun 04, 2014

Air India registers growth in revenue in May

The passenger load factor on the domestic network was 80 percent last month and in the international sector it was 73 percent. #Business #air india #Aviation #CompanyWatch
State Bank group to spend 2% of profit on CSR Bhattacharya

Jun 02, 2014

State Bank group to spend 2% of profit on CSR Bhattacharya

The State Bank of India chief said earlier the bank spent one percent of the profit on activities under the corporate social responsibilities. #State Bank of India #CompanyWatch #CSR #Arundhati Bhattacharya
Reliance takes full control of Network18

May 29, 2014

Reliance takes full control of Network18

Reliance has said that IMT will use the funds to acquire control of Network18 and TV18, resulting in ownership of around 78 percent in the former and 9 percent in the latter. #Business #Reliance Industries #CompanyWatch #CNN-IBN #TV18 #Network18 #Independent Media Trust
Infosys under pressure to name new CEO after Srinivas' exit

May 29, 2014

Infosys under pressure to name new CEO after Srinivas' exit

The departure of Srinivas, the 10th senior executive to exit in the last year, widens a leadership vacuum at Infosys as it searches for a new chief executive. #Business #Infosys #CompanyWatch #NR Narayana Murthy #BG Srinivas #UB Pravin Rao #SD Shibhulal