Bharti Airtel's leverage is improving, a rating stabilisation will be driven by operational improvement in Indian mobile operations, said Moody's. (Photo: File | PTI)
19 Jul 2019 5:05 PM

Sale of a significant stake in its tower assets would help in further debt reduction, said Moody's.

RJio, in April, had trailed the older operator and held the third spot with 31.48 crore subscribers and 27.08 market market share.
19 Jul 2019 2:45 PM

RJio added 81.80 lakh new subscribers in May and ended the month with 27.80 pc market share and 32.29 crore subscribers.

ShopClues spokesperson said the company has been steadily reducing its workforce mostly in operating functions.
19 Jul 2019 9:43 AM

ShopClues posted losses of Rs 2.08 billion (Rs 208 crore) for the year ended March 2018.

The list of financial creditors, whose claims have been admitted include 14 domestic banks and financial institutions, 12 foreign banks and eight lessors.
19 Jul 2019 9:42 AM

After 4 rounds of hearing, NCLT has asked the RP to file periodic reports on the development in the resolution process.

The ministry's communication comes less than 10 days after Gangwal flagged concerns about corporate governance lapses at InterGlobe Aviation.
19 Jul 2019 9:42 AM

The company will respond to MCA within the prescribed period," the filing said.

Microsoft's profit in the fiscal fourth quarter that ended June 30 was helped by at USD 2.6 billion tax benefit.
19 Jul 2019 9:41 AM

Microsoft shares rose 1.4 per cent to USD 138.35 in after-market trading that followed release of the earnings figures.

An auditor would also have to provide appropriate disclaimer in case his or her resignation is due to non-receipt of information from the company.
19 Jul 2019 1:10 AM

The regulator also proposed to further strengthen and clarify the role of audit committees of listed firms

Sachin Bansal
19 Jul 2019 1:07 AM

Ex-Flipkart man aims to turn AMC into tech-driven fund.

With the deal, Vodafone has said it will become "the leading next-generation network owner in Europe," with a total reach of 110 million homes and businesses. (Photo: File | PTI)
18 Jul 2019 7:03 PM

EU Commission said that the deal, valued at USD 21.8 billion, will go ahead if Vodafone addresses its competition concerns.

The French parliament earlier this month passed a new law that will tax digital giants on revenue accrued inside the country, even if their European headquarters are elsewhere, in a move that will affect huge US groups Google, Apple, Facebook, Uber and Amazon. (Photo: File | ANI)
18 Jul 2019 5:56 PM

G7 ministers 'fully supported a two-pillar solution to be adopted by 2020', said a statement from France.