Home »
Archive by category Companies (Page 2)
Unless you accept the larger goals, we are not going to reach anywhere close to that, said Mr Goyal. New Delhi: Union Commerce Minister Piyush Goyal on Thursday said India must try to bring back the 19-20 per cent export growth to be able to reach the 5...
Continue reading
September 13, 2019 Anindita Ghosh
Companies
The 10-year government bond yield was at 6.41 per cent in morning trade. The rupee rose as much as 25 paise – or 0.35 per cent – against the dollar on Friday. Analysts say gains in domestic equities amid reports of a meeting between foreign investors and finance...
Continue reading
August 9, 2019 Anindita Ghosh
Companies
VG Siddhartha owns 32.75% stake in Coffee Day Enterprises, the owner of cafe chain Cafe Coffee Day. Shares of Coffee Day Enterprises and SICAL Logistics plunged 20 per cent each on Tuesday, a day after their promoter VG Siddhartha went missing. Coffee Day Enterprises said in an exchange...
Continue reading
July 30, 2019 Anindita Ghosh
Companies
EIH Limited has set up a captive solar power plant to meet electricity needs of its Gurugram properties, The Oberoi and Trident. The captive power plant in Balasar, Haryana will generate 7.5 MW of electricity to meet the energy demands of the two hotels. Spread over 25 acres, the...
Continue reading
June 11, 2019 Rakesh Sashmal
Companies
ArcelorMittal is in talks with Resurgent Power Ventures Pte for buying out Essar Power’s 1,200-megawatt generation plant in Madhya Pradesh, sources told Bloomberg. As per the report, preliminary discussions have already begun. ArcelorMittal had previously submitted a non-binding offer of Rs 4,800 crore for the same asset, sources told the...
Continue reading
May 28, 2019 Rakesh Sashmal
Companies
Elon Musk’s rocket company SpaceX will reduce its workforce by about 10 percent of the company’s more than 6,000 employees, it said on January 11. The company said it will “part ways” with some of its manpower, citing “extraordinarily difficult challenges ahead.” “To continue delivering for our customers...
Continue reading
January 12, 2019 Rakesh Sashmal
Companies
In a shock to the system, airlines like Jet Airways, Indigo, SpiceJet and others’ Mumbai flights have seen the heavy demand hit by a slowdown. Yes, a mixed trend is being witnessed in domestic airlines passenger growth and capacity performance over the last two months. What has happened is that the passenger...
Continue reading
January 3, 2019 Rakesh Sashmal
Companies
The Cabinet Committee on Economic Affairs (CCEA) approved the plan to list seven public sector companies on the stock exchanges through Initial Public Offering (IPO) or Further Public Offer (FPO). These seven companies are Telecommunication Consultants (India) Pvt Ltd, Railtel Corporation India, National Seed Corporation India, Tehri Hydro Development...
Continue reading
December 28, 2018 Rakesh Sashmal
Companies
Wipro, an India-based information technology company, has donated more than 10,000 new books to underprivileged children in the United States. Source: ReutersBy PTIUpdated: Sat, Dec 08, 201810:40 amPTIRELATED NEWS Wipro, Adani Ports to move out of Sensex from Dec 24; HCL Tech, Bajaj Fin to enter Wipro, L&T Infotech,...
Continue reading
December 10, 2018 Rakesh Sashmal
Companies
Following a devastating crash by Lion Air airline, Directorate General of Civil Aviation (DGCA) has issued guidelines to SpiceJet and Jet Airways regarding Boeing 737 Max planes. These include issuing directions to crew to divert flight and landing on the nearest, suitable airport. According to government sources, a...
Continue reading
December 7, 2018 Rakesh Sashmal
Companies
