Last month, Jet’s creditors, led by State Bank of India (SBI), took the airline to the bankruptcy court after failing to agree on a revival plan. (Photo: Representational/PTI)
17 Jul 2019 10:01 AM

An SBI-led consortium of 26 banks has informed the resolution professionals that Jet Airways owes them about 85 billion rupees.

Videocon Industries is now back into the process of manufacturing, sale, and distribution of consumer goods. The company recently launched artificial intelligence (AI) enabled smart television.
17 Jul 2019 3:32 AM

Videocon Industries is now back into the process of manufacturing, sale, and distribution of consumer goods.

Though the company did not disclose the deal size, sources said that it could be a $30 million all-stock deal.
17 Jul 2019 1:06 AM

Oyo Workspaces aims to expand its presence to over 50 centres across India by the end of 2019.

Historically, the first quarter is marked by weak volumes for the sector, driven by seasonality in the fourth quarter, which contributes around 35 per cent of the NBP growth.
17 Jul 2019 1:04 AM

In comparison, HDFC Life reported a reported strong APE growth of 73 per cent YoY to Rs 680 crore in June 2019.

After the Russian company acquired Essar Oil's assets, including its fuel retail outlets, about two years back, Nayara is making ambitious plans to increase its fuel retails to over 7,000 by 2020.
17 Jul 2019 1:00 AM

In case of the retail outlets, the company has retained the Essar's brand name.

No fresh contracts shall be introduced after the expiry of September 2019 contracts, NSE said.
16 Jul 2019 7:32 PM

DHFL had said the developments in past few quarters threaten its ability to continue as a going-concern.

In view of the revised timelines under the amended regulations, the circular shall come into force with effect from the quarter ended September 30, 2019, Sebi said.
16 Jul 2019 7:15 PM

In a circular, Sebi prescribed new format for disclosures to be made on quarterly basis, annual basis for whole financial year.

Defence PSU Bharat Dynamics Ltd has planned a capex of Rs 90 crore next year. (Photo: Representational)
16 Jul 2019 6:27 PM

Barring one export order, all others came from the Indian defence forces, said Bharat Dynamics Ltd CMD Siddharth Mishra.

Both appointments will be effective from August 1, 2019. (Photo: AP)
16 Jul 2019 1:58 PM

Sethi, a qualified chartered accountant, has worked across North Western Europe and Central and Southern Europe zones.

DHFL stock had plummeted nearly 30 per cent on Monday after the company posted biggest ever quarterly loss of Rs 2,224 crore for the fourth quarter ended March 31.
16 Jul 2019 12:01 PM

The scrip jumped 5.97 per cent to Rs 51.40 on the BSE.