Jet Airways crisis: Debt-laden airline's quarterly results delayed amid complexities of issues, liquidity crunch
• 6 years agoThe affairs of Jet Airways, which closed down its operations on 17 April, are now being managed by resolution professional Ashish Chhawchharia under the insolvency law.
SBI reports Rs 838 cr net profit in March quarter as bad loans decline to 3%; income rises 11% to Rs 75,670 cr
• 6 years agoFor the full year 2018-19, SBIreported a consolidated net profit of Rs 3,069.07 crore. While there was a loss of Rs 4,187.41 crore in the entire 2017-18.
Tata Motors shares continue to rise; jump over 8% on JLR's outlook for better financial results in Q4
• 6 years agoTata Motors' stock rose 8.36 percent to close at Rs 202.80 on the BSE. During the day, it jumped 9 percent to Rs 204.
CCI approves Tirumala Milk Products' acquisition of Sunfresh Agro Industries, Prabhat's dairy business
• 6 years agoThe CCI also said it "approves acquisition by Varun Beverages of 9 manufacturing plants and franchise rights for 7 states and 5 unions territories as a going concern on a slump-sale basis from PepsiCo."
Govt pushes cash-rich IOC, ONGC to pay second interim dividend for this fiscal as revenue shortfall widens
• 6 years agoAs per regulations, a company cannot declare a second dividend within a month of the previous payout and companies like ONGC would need to seek an approval of SEBI to make such a payment.
HDFC Life shares plunge over 5% as promoter Standard Life announces to sell nearly 5% stake
• 6 years agoCurrently, Standard Life holds 29.2 percent stake in HDFC Life, while mortgage firm HDFC has a 51.5 percent stake.
Pain relief tablet Saridon exempted from list of banned FDCs by Supreme Court: Piramal Enterprises
• 6 years agoIn a regulatory filing, the company said the apex court has ruled in favour of Saridon, which is a heritage brand from its healthcare product portfolio.
Adani Ports third quarter consolidated net profit rises 42% at Rs 1,419 cr; firm's cargo volume grows 12%
• 6 years agoThe total income of Adani Ports grew to Rs 3,168.88 crore during the quarter under review as against Rs 2,924.85 crore a year-ago.
PNB to raise Rs 539 cr via employee stock purchase scheme; move aims at retaining skilled staff, raising capital
• 6 years agoA meeting of the remuneration committee of PNB took the decision to offer, issue and allot up to 10 crore new equity share of the bank to the eligible employees of the bank.
Elon Musk's SpaceX raises an additional $100 million in funding by selling shares
• 7 years agoSpaceX, a California-based company also has also outlined plans for a trip to Mars in 2022, to be followed by a manned mission to the red planet by 2024.