companies

Reliance Industries Q3FY19 – Petchem and retail drive the show

Jio's overall performance was good, but customer addition and average revenue per customer growth slowed.

AI to play a crucial role in countering cyberattacks in India

Around 92 percent Indian firms are keen on using AI to enhance cybersecurity.

IL&FS says unable to meet interest payment obligation

"The company would be unable to service its obligation in respect of the interest of non-convertible debenture due on January 19," the company said in a BSE filing.

HUL expects merger with GSK Consumer Healthcare to complete in next 6-9 months

The company has already initiated the process of getting approval and has already initiated integration teams, said HUL Chief Financial Officer Srinivas Phatak.

Aurobindo buys 7 oncology injectable drugs in $300 million deal

These products had generated $76.4 million in combined sales during the first nine months of 2018.

Need to focus on alternative fuels: Nitin Gadkari

Gadkari was speaking at a symposium on 'empowering mobility - the safe and intelligence way', organised by Automotive Research Association of India (ARAI).

Section 29 (A) of IBC 'stretched too far', needs clarity: SBI chief Rajnish Kumar

Section 29 (A) of the IBC deals with related-party provisioning and aims to prevent defaulting promoters from taking back their companies.

Southwest Airlines earning profits for the past 44 years, here's what Indian carriers can learn

The sole reason quoted for the airline's success is the happiness of its employees, who are known to be one of the most productive and motivated workforces in the world.

UCO Bank board approves raising Rs 1,000 cr via QIP

The board of the bank, in its meeting held on Thursday, also approved raising Rs 500 crore from tier-II bonds.

Budget airline Scoot to expand in 3 Indian cities

The new routes are due to be transferred over from sister airline, SilkAir, and Scoot will be the only airline operating direct non-stop flights from Trivandrum and Visakhapatnam to Singapore, the company said in a release.

Monitoring Jet Airways; specific airline problems need specific measures: IATA chief

de Juniac during a media interaction on the sidelines of the just-concluded Global Aviation Summit, also said the airlines in Asia, particularly in India have balance sheet with heavy debt, which is a "problem".

RIL posts record $1.5 billion profit; 10 key takeaways from Q3 results

Jio has crossed Rs 10,000 crore in quarterly operating revenue within six quarters of commercial operations

Amul sends notice to Google, asks it to withdraw fraudulent websites

According to the legal notice served at the search engine's Bengaluru office, the company said it has found that unknown persons have created fake websites and e-mails in the name of Amul.

Trident Q3 Review: Steady run continues

Continental to invest 30 mn euros on new plant in Pune

The facility, which will be utilised for the company's powertrain business, is scheduled to begin production by early 2020.

Jet Airways faces tough debt repayment schedule

The airline needs to make payment on Rs 200 crore loan by February 13, part of the overall Rs 1,700 crore that is due by March

Siemens, Alstom raise doubts about mega merger

A source at German group Siemens said Brussels had posed "insurmountable" demands for concessions that the groups would not make.

Ola to roll out Ola postpaid to 150 mn users

Ola Money Postpaid that offers a 15 day credit line, is at present being used by more than 10 per cent of the cab aggegator's customers and 90 per cent of the early adopters have used the offering more than once, it said in a statement.

Value of mobile phone component production to cross Rs 70,000 cr in FY'19 : ICEA

"The component manufacturing target of Rs 50,000 crore which was to be achieved by March 2020 has already been achieved.

Eastern Coalfields output at 33 MT during Apr-Dec FY19

"During the first three quarters of 2018-19, ECL has achieved 32.9 million tonne against an achievement of 28.1 million tonne in the same period last year, thereby attaining a...growth of 17.2 per cent in coal production," ECL said in a statement.

BOJ warns Japan faces new risks as population shrinks

Bank of Japan Gov Haruhiko Kuroda told fellow financial leaders Thursday that policies must be devised to prevent the shrinking population from hindering economic growth.

Govt mulls creating national business register, may spend Rs 300 cr in economic census

"We propose to build a business enterprise register which can be regularly updated and utilised by all stakeholders– state and central government," Pravin Srivastava, Secretary,Ministry of Statistics and Programme Implementation (MoSPI), said at a joint workshop with CSC e-Governance Services India.

Majority of millennials do not like Donald Trump, Twitter: Survey

The poll conducted by researchers at the University of Massachusetts Lowell in the US found that Trump, his Twitter activities and Twitter in general are not popular with millennials.

Religare Enterprises settles insider trading case with Sebi

The regulator initiated adjudication proceedings against Religare and sent a notice in July 2018 alleging that the company failed to disclose the information with regard to trading in the scrip of Religare Enterprises by its chairman Sunil Godhwani to the exchanges within stipulated time and, hence, alleged to have violated the PIT (Prohibition of Insider Trading) norms.

HUL Q3 Quick take: Volume led growth sustains on a high base

The premium valuation factors in limited volatility in earnings, innovation profile and strong execution capabilities