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BusinessToday.In
August 29, 2018
SPL Industries is a high beta stock and has a beta of 1.13 with the Sensex. The company posted strong Q1 earnings in the current fiscal. The firm posted a net profit of Rs 6.59 crore for the quarter ending June 2018 compared to Rs 3.76 crore loss in the corresponding quarter of previous fiscal.


BusinessToday.In
New Delhi, August 28, 2018
This may just be the beginning of multiple legal battles that are set to unfold over how the Singh brothers, who were removed as the company promoters in February, lost Rs 22,500 crore in less than a decade.


BusinessToday.In
New Delhi, August 28, 2018
Spicejet operates the first biojet fuel flight for the country; Kerala CM appeals to Malayalees at home and abroad to pitch in with a month's salary; Jet Airways plunges into loss of Rs 1,323 crore in Q1; Airtel inks partnership with Netflix. Watch more in this episode of Business Wrap.


BusinessToday.in
New Delhi, August 28, 2018
Spicejet operates the first biojet fuel flight for the countrySpicejet's flight yesterday between Dehradun and Delhi was special. The flight was powered by a blend of 75% air turbine fuel and 25% biojet fuel. This was a first for the country which is looking for ways to cut down fuel costs.A blend of 25% of bio jet fuel and 75% of aviation turbine fuel (ATF) was carried in one of the two engines of the plane, while the other engine carried only ATF. International standards permit ...


Mail Today Bureau
August 28, 2018
This is the second consecutive quarterly loss for the airline which had posted a profit of Rs 53.50 crore in the same quarter last year. The struggling airline will inject capital and reduce debt to cut its interest costs.


PTI
New Delhi, August 27, 2018
Total income marginally improved to Rs 6,066 crore from Rs 5,953 crore a year ago, the airline said in an exchange filing.


BusinessToday.In
August 27, 2018
As Kerala struggles to get back on its feet in the wake of the massive damage wrought by the worst floods in nearly a century, the state's Chief Minister Pinarayi Vijayan yesterday urged Malayalees across the world to pitch in with a month's salary.


BusinessToday.In
August 27, 2018
The growth happened after Jio recorded strong performance in the rural mobile markets as competitors continued to struggle due to aggressive pricing offered by Reliance. Jio's free voice and cheap data offerings have dented the financials of incumbent players.


Rahul Agarwal
August 27, 2018
Under this investment strategy, a retail investor blindly follows the investment pattern of a \" Star Investor\", a celebrity investor of sorts who has made his/her name in the markets by generating exceptional returns in their investment portfolios. 


BusinessToday.In
August 27, 2018
Warren Buffett's Berkshire Hathaway is in talks to invest about Rs 2,000-2,500 crore in Paytm parent One97 Communications - possibly the first direct investment in India by the legendary investor.


PTI
August 26, 2018
BJP MPs of a parliamentary panel, of which former prime minister Manmohan Singh is also a member, have stalled the adoption of its contentious draft report on demonetisation that is critical of the Modi government's note-ban decision.


PTI
August 26, 2018
According to the data, 159 branches of PSBs are operating in foreign countries, of which 41 branches were in losses in 2016-17. The country's largest lender State Bank of India (SBI) led the pack with nine of its overseas branches in the red.


PTI
August 26, 2018
Liabilities of big wilful defaulters of scam-hit Punjab National Bank (PNB) fell by 1.8 per cent to Rs 15,175 crore by July-end over the previous month. Such borrowers had an outstanding of Rs 15,355 crore at end of June this year.


BusinessToday.In
New Delhi, August 24, 2018
\"The size of the loss caused by the calamity is equal to the size of the annual plan the state has chalked out for 2018-2019. I need not have to tell you that Kerala on its own will not be in a position to mobilise the required resources to bridge the gap, reclaim, and rebuild,\" says Vijayan.


BusinessToday.In
August 24, 2018
Baring PE Asia through an entity called HT Global IT Solutions Holdings will sell stakes around Rs 1,120 crore, reports said.  Shares of Hexaware Technologies opened on a weak note at Rs 453, then fell to a low of Rs 415.20, down 16.57 per cent from its previous closing price.


PTI
August 24, 2018
The National Company Law Appellate Tribunal (NCLAT) said that pending the litigation here, the Cyrus Mistry camp which was seeking a status quo over it cannot be \"forced to sell shares\".


Goutam Das
August 23, 2018
For the \"face of the industry\" to change, J.C. Sharma, the Vice Chairman and Managing Director of Sobha Limited, has a list of asks from regulators and the government.


BusinessToday.In
August 23, 2018
Air India is on the brink of defaulting on bank loan repayments, so the aviation ministry has sought Rs 500 crore from the finance ministry on an urgent basis.


BusinessToday.In
New Delhi, August 23, 2018
Javadekar also appealed to his ministry, and the teachers in universities and colleges across the country to donate at least a day's salary for the Kerala flood victims.


PTI
August 23, 2018
ICICI Bank Chairman GC Chaturvedi said today that the decision on continuance of managing director and CEO Chanda Kochhar will be taken after the Justice B N Srikrishna panel report is finalised, which is likely in two-and-a-half months.


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