Industry

Air India had acquired 27 B787-800 planes and 15 B777-300ER aircraft.Air India is looking to raise USD 819 million (over Rs 5,800 crore) to refinance existing bridge loans availed for six Boeing 787 and one Boeing 777 aircraft. The…
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The distress at India’s No. 2 phone operator deepened last week after the nation’s top court ordered it to pay about billion in past dues, dealing a fresh blow to the struggling business. (Reuters Photo)Vodafone Group Plc’s Indian…
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Mumbai and Delhi-NCR are the only exceptions where office rentals have not shown any movements. (Representational image)Office rentals had a mixed experience during the third quarter of the 2019 calendar year (CY), with rates in the top…
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If any high-value account slips during that quarter — like in the June quarter there was `16,000 crore which was due to agriculture — then that quarter will not look good.State Bank of India (SBI) expects to restrict slippages for FY20…
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Jio Phone users can now buy four new plans for IUC calls. (Source: Reuters)Reliance Jio recently launched All-In-One tariff packs for prepaid users to adjust IUC minutes, daily data, and unlimited calls on the home network. The Mukesh…
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More than half of the financing unit’s loan book of Rs 5,900 crore is in moratorium, Crisil said earlier this month while downgrading KKR’s long-term debt by a notch to AA.The chief executive officer of KKR India Financial Services…
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FM Nirmala SitharamanFinance Minister Nirmala Sitharaman on Thursday said she is making efforts to resolve differences between the Corporate Affairs Ministry and Enforcement Directorate over attachment of properties of a company under…
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The move is expected to attract investment in the sector after lower-than-expected interest was shown by private oil companies to invest in the segment even after the deregulation of auto fuel prices.The Cabinet Committee on Economic…
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India has a total of 19.25 lakh companies registered with the RoC as on August 2019 and of this 11.86 lakh are active companies.Company secretaries (CS) association ICSI has urged the government for more time to file financial statements…
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Assets under management (AUM) stood at Rs 1.31 lakh crore in H1FY20, a growth of 16%.Private insurer HDFC Life Insurance Company posted a 7.5% rise in standalone net profit to Rs 308.69 crore for the second quarter of the current fiscal.…
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