Tata Global Beverages FY19 PAT drops 16.4%, will acquire Dhunseri Tea biz for Rs 101 cr

Tata Global Beverages, a subsidiary of Tata Group, has announced a 16.4 per cent year-on-year decline in consolidated profit after tax (PAT) at Rs 474 crore for the year... Read more »

ICICI-Videocon Case: ED summons Chanda Kochhar, husband to show assets list

The Enforcement Directorate (ED) has asked former Managing Director (MD) & Chief Executive Officer (CEO) of ICICI Bank Chanda Kochhar on May 3 in connection with the Videocon money... Read more »

Jindal Steel finishes its first-ever rail order ahead of schedule

Jindal Steel and Power Ltd (JSPL) Tuesday said it has completed delivery of its one lakh tonne first-ever rail order, which the firm had bagged from the Indian Railways.... Read more »

IL&FS to give its wind portfolio to GAIL in first asset sale since crisis

Debt-laden Infrastructure Leasing & Financial Services (IL&FS) April 22 announced that GAIL (India) has emerged as the highest bidder for its seven operating wind power plants. The bidding process to... Read more »

#SaveJetAirways: An open letter on WhatsApp spills the beans

At a time when mainline and social media platforms are filled with images, short stories and videos of former and current employees of Jet Airways, we received a WhatsApp message... Read more »

HDFC results: Total income soars 22% from previous corresponding quarter

HDFC Bank has released its financial results for the quarter and financial year ended March 31, 2019. The standalone results have had a paradigm shift with a total income... Read more »

Jet Airways crisis: Lenders acting on non-IBC resolution if stake sale fails to succeed

The lenders of Jet Airways may soon favour resolution outside the insolvency law framework if the ongoing bidding process for stake sale in the embattled airline does not bear... Read more »

RIL Q419 Results: Reliance Industries net profit surges 9.8% to Rs 10362 cr

Reliance Industry (RIL) on Thursday reported a moderate consolidated profit of Rs 39,588 crore ($ 5.7 billion) given the high crude prices in the last few months. It even... Read more »

Mindtree’s special dividend may cost firm of Rs 320 crore ahead of L&T takeover

Amid the potential takeover of the company by L&T, Mindtree’s board Wednesday agreed to pay a special dividend to its shareholders, including promoters, that along with regular dividend and... Read more »

Jet Airways: The making and unmaking of once India’s private airline

Jet Airways has always been a household name for the young aspirational Indian. Born at the dawn of liberalization, it removed the monopoly previously enjoyed by Air India and... Read more »