Business Corner
Rakesh Kumar, CMD, NLC India Ltd and new Chairman of SCOPE along with UD Choubey, Director General, SCOPE made a courtesy call to CVC of India, KV Chowdary. He also took this opportunity to discuss wide ranging issues related with preventive vigilance in public sector enterprises. T Venkatasubramanian, CVO, NLC...
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Jet gets two unsolicited bids, one more expected: SBI chairman
11 May 2019 | PTI -
Jet Airways shares up 3% on revival hopes
11 May 2019 | PTI -
Beijing slams US for ‘unreasonable suppression’ of China mobile
11 May 2019 | AFP -
INDIAN STEEL GIANT GOES GLOBAL
11 May 2019 | PNS -
Benchmark indices buckle under selling pressure
11 May 2019 | PTI -
Air India offers 40 per cent discount on 'tatkal' air tickets
10 May 2019 | IANS -
Etihad, a few others submit bids for Jet Airways
10 May 2019 | PTI
Jet Airways shares up 3% on revival hopes
Shares of Jet Airways rose by nearly 3 per cent Friday after SBI chairman Rajnish Kumar said the lenders have received two "unsolicited" bids for the company and "one" more is expected by the end of the day, keeping the hopes for the revival of the grounded carrier alive. The scrip...
US duty hike on $200 bn Chinese imports to exacerbate uncertainty in global trade: Moody's
The US decision to more than double tariff on USD 200 billion Chinese imports to 25 per cent "exacerbates the uncertainty" in the global trading environment and could lead to tighter financing conditions as well as slower growth, Moody's Investors Service said Friday. The US Friday increased tariffs on import of...
SBI reports net profit of Rs 838 cr Mar 2019 quarter; trims bad loan ratio
Country's largest lender SBI Friday said it has reported net profit of Rs 838.40 crore in fourth quarter of 2018-19 fiscal on a standalone basis as non-performing assets (NPAs) came down. The state-owned lender had witnessed a net loss of Rs 7,718.17 crore during the corresponding January-March quarter of 2017-18. Income (standalone)...
HCL Tech shares drop 6 pc post Q4 results
Shares of HCL Technologies fell nearly 6 per cent Friday despite the company posting 14.3 per cent rise in consolidated net profit for March quarter of the last financial year. The scrip, after a weak opening, further dropped 5 per cent to Rs 1,074.45 on the BSE. At the NSE, shares plunged...
HDFC puts Jet Airways’ office space for sale to recover Rs 414 crore
Mortgage lender HDFC has put up crisis-hit Jet Airways’ office space for sale with a reserve price of Rs 245 crore, as part of efforts to recover outstanding dues. Jet Airways, which temporarily shuttered operations on April 17, owes around Rs 414 crore to HDFC. “The borrower (Jet Airways) has failed to...
Business Corner
A one-day conference was organised at Delhi Secretariat on ‘Rehabilitation and Combating Trafficking of Women and Children in Delhi’, attended by Vijay Dev, Chief Secretary, Delhi, Renu Sharma, Addl Chief Secretary (Home), Sergey Kapinos, Regional Head of United Nations Office on Drugs & Crime, Rashmi Krishnan, Secretary and SB Shashank,...
JSPL wins Rail contracts worth Rs 665 crore from RVNL
Jindal Steel & Power Limited (JSPL), India’s only private manufacturer of rails, has won an order from Rail Vikas Nigam Limited (RVNL) to supply 89042 tonnes of UIC 60 kg IRS T-12 880 grade 13 meter rails for its upcoming projects. The order is valued at approximately Rs 665 crore....
