IL&FS is seeking an immediate loan of around Rs 3,000 crore from key shareholders to help it tide over a cash crunch.
The company is looking to corner around 10 percent of the market share and to generate a revenue of Rs 10,000 crore in the next seven-eight years in the home appliances segment, which is quite competitive now.
The Delhi-based airline currently operates 120 flights per day to 22 destinations with a fleet of 22 Airbus A320 planes, including eight A320Neos.
The problem may cause difficulty steering the vehicle, especially at low speeds, increasing the risk of a crash, the auto safety regulator said in a document dated September 12.
The Memorandum of Understanding (MoU) was signed by SpiceJet chief project officer Manjiv Singh and ACCI chief executive officer Atiqullah Nusrat along with senior adviser for banking and financial Affairs to the President of Afghanistan Ajmal Ahmady, the airline said.
SC has appointed two auditors -- Ravi Bhatia of Bhatia and Company; and Pawan Kumar Aggarwal of Sharp and Company -- to conduct the forensic audits of Amrapali Group companies.
The board of directors of the bank in a meeting held Wednesday approved the proposal to raise capital up to Rs 250 crore by way of issue of equity shares under employee stock purchase scheme (ESPS), the bank said in a regulatory filing.
Jio's national average of 4G download speed was more than double compared to its rival Bharti Airtel, which recorded a download speed of 10 megabits per second (Mbps), according to the data published by the Telecom Regulatory Authority of India (Trai) on MySpeed Portal.
Merchandise exports during September quarter 2017-18 stood at USD 74.21 billion and non-oil exports stood at USD 65.17 billion.
The deal would boost Adobe's cloud-based software offerings as it takes on larger peers Microsoft Corp and Oracle Corp. Marketo offers business-to-business marketing applications that would compliment Adobe's marketing business.
The AI Horizons Network is a group of IBM researchers, world-class faculty and top graduate students working together on a series of advanced research projects and experiments designed to accelerate the application of AI, machine learning
Flipkart has partnered with solid wood furniture makers in cities like Jaipur and Jodhpur in Rajasthan for Pure Wood, which would be under its private label 'Perfect Homes'.
Shivinder had earlier on September 4 filed a case against Malvinder and Sunil Godhwani in the NCLT, alleging 'oppression and mismanagement' of RHC Holding, Religare Enterprises and Fortis Healthcare.
When it comes to investing in airline stocks, resist till Air India persists, unless price becomes very compelling. We are not at that point yet, as one would guess, says ArunaGiri N of TrustLine Holdings.
The self-funded startup has managed to sign up 88 retail generic stores on franchisee model in the last 100 days and plans to open one store every 48 hours
The decision by the US International Trade Commission (USITC) follows a complaint by the Fiat Chrysler.
34 power assets with a capacity of 40,130 MW remain stressed. The larger issue of ever-enlarging NPAs in the power sector constitutes the main theme of our Story of the Day today.
The management also claimed that sufficient clarity will emerge after the September 15 board meeting.
Some shareholders in attendance from different cities were also disheartened given the lower-than-expected dividend declared by the bank at Rs 1.5 per share, an analyst said
The company’s total provisioning as on June 30 was Rs 17,238 crore excluding an additional provisioning of Rs 1,793 crore that has to be made as per banking regulator’s norms.
"Because of this, new investment and technology will come and Rs 50 lakh crore worth of production will increase in 10 years," the minister told a news conference here.
The Kolkata-based shipbuilder that builds warships and patrol vessels for Indian Navy and Coast Guard will be launching its IPO on September 24 at price band of Rs 115- 118 per equity share
The plant would come up in SIPCOT Industrial area, Cheyyar in Tiruvannamalai district, a company release said.
With adjustments made for inflation, there are companies that have been valued at over $1 trillion before Apple hit the mark.