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8 hours ago
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9 hours ago
In the charge sheet, the CBI alleged that Kingfisher Airlines had diverted Rs 263 crore from the Rs 900 crore IDBI loan for “personal use”.
2 hours ago
The company's consolidated net profit for the October-December quarter declined from Rs 1,108.1 crore a year ago to Rs 503.7 crore.
The upcoming Union Budget could allocate funds to the tune of Rs 1.3-1.4 trillion in this sector for 2017-18, Crisil stated.
10 hours ago
Popularly known as TK with in industry circles, Kurien served Wipro as its CEO from February 2011 to January 2016.
The sale is part of the conglomerate's efforts to avoid being crippled by an upcoming multi-billion dollar writedown for its U.S. nuclear business, sources said.
11 hours ago
Sanjeev's focus will be to drive the company's go-to-market strategy of creating a balanced portfolio, driving new distribution tie-ups and creating a customer centric brand.
12 hours ago
Hopes for economic incentives at the annual budget next week lifted market sentiment.
The stock exchange aims to raise up to Rs 1,243 crore from the IPO, which is priced at Rs 805-806 per share.
Out of the one million target for 2017, 600000 will come from scooters and 400000 from motorcycles, Vice-President Roy Kurian said.
In recent months, a slowing regional economy, overcapacity in the industry and a strong U.S. dollar have pressured the carrier's earnings.
13 hours ago
While the company CEO did not disclose the specific number of local hires, he said the company currently recruits over 55 per cent local employees in the US.
The taxpayer owed the government Rs 21,870 crore (over $3 billion) for the assessment year 2014-15.
According to the report, domestic vendors are finding it difficult to compete with the Chinese players due to shrinking marketing levels and the absence of good product assortment.
14 hours ago
Oil-rich Abu Dhabi has been in discussions to finalise a deal to lease part of India's crude oil storage facilities.
The South Korean tech giant achieved an annual net profit of 22.73 trillion won in 2016 ($19 billion), an increase of 19.2 percent from 2015.
Mexico's auto sector, while still smaller than the U.S., is growing at a faster clip.
15 hours ago
Analysts on average had expected a net profit of 37.88 billion rupees, according to data compiled by Thomson Reuters.
Nine transformational deals were signed this quarter across service lines, industry verticals and geographies.
The company said its national toll-free helpline number 1800 103 9271 is available in 6 languages - English, Hindi, Gujarati, Marathi, Kannada and Malayalam.
16 hours ago
There is no record available of the fake currency which has been detected in the demonetised notes deposited in banks.
The US alone accounts for 60 percent of the combined GDP of the 12 signatory states while Japan, for its part, accounts for 20 percent.
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