Companies
Top 100 firms create wealth worth Rs 38.9 lakh cr in last 5 yrs; TCS leads
Fri, Dec 08, 2017
Country's top 100 companies in terms of market valuation have generated a record Rs 38.9 lakh crore wealth in the last five years, with Tata Group firm TCS retaining the numero uno position on the chart for the fifth time in a row, says a latest study.
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Toshiba, Western Digital agree in principle to settle chip dispute: sources
Fri, Dec 08, 2017
Toshiba was forced to put the unit - the world`s no. 2 producer of NAND chips - on the block to cover billions of dollars in liabilities arising from its now bankrupt U.S. nuclear power unit Westinghouse.
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Maggi compliant with latest FSSAI norms, no ash added: Nestle
Mon, Dec 04, 2017
District administration of Shahjahanpur, UP, had slapped a fine on Nestle India and its distributors last week after Maggi had allegedly failed to pass the lab test and found ash content above the permissible limits for human consumption.
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Mohandas Pai pitches for listing of startups
Mon, Dec 04, 2017
Pai, who has invested in many startups, said he is personally fond of listing. "We have at least 250 startups across 10 funds, we are preparing them so that they come to a listing stage as I'm very fond of listing as listing creates great value to everybody," he said.
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Mukesh Ambani hits back at Sunil Mittal, says don't blame Jio for industry's losses
Fri, Dec 01, 2017
This was in response to a query on Mittal's reported comments -- who runs India's biggest telecom firm Bharti Airtel -- that all telecom companies had put together written down USD 40-50 billion of investments due to Jio's entry.
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Nissan sues India over outstanding dues, seeks over $770 million
Fri, Dec 01, 2017
In a legal notice sent to Prime Minister Narendra Modi last year, Nissan sought payment of incentives due from the Tamil Nadu government as part of a 2008 agreement to set up a car manufacturing plant in the southern state.
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Apple accuses Qualcomm patent infringement in countersuit
Wed, Nov 29, 2017
Apple alleges that Qualcomm`s Snapdragon 800 and 820 processors, which power phones from Samsung Electronics Co Ltd and Alphabet Inc`s Google`s Pixel phones, infringe on those patents. Samsung and Google are not named in Apple`s counterclaims.
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Paytm Payments Bank offers free IMPS, NEFT, RTGS transactions
Wed, Nov 29, 2017
Paytm Payments Bank account holders will also be able to earn an interest of 4 per cent on savings every month. The account holders will also be offered a free insurance cover of up to Rs 2 lakh in case of death or permanent disability according to the terms and conditions, Paytm said.
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Jet Airways, Air France-KLM announce tie-up on routes
Wed, Nov 29, 2017
The "enhanced cooperation agreement" with Air France-KLM, signed on Wednesday in India`s financial capital Mumbai, is designed to route more traffic and expand the number of flights to Europe and then onwards to the United States.
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Maggi samples fail lab test; UP administration slaps Rs 45 lakh fine on Nestle
Wed, Nov 29, 2017
Maggi was banned by FSSAI in June 2015 for allegedly containing lead beyond permissible limits, forcing Nestle India to withdraw the product from the market. Even in 2015, the Maggi trouble for Nestle had begun in Uttar Pradesh.
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DLF plans to raise Rs 3,500 cr via QIP; board meet on December 1
Wed, Nov 29, 2017
Infusion of capital by promoters will lead to increase in promoters' stake in DLF to more than 75 per cent. So, the company plans to launch a QIP to maintain the minimum public shareholding limit of 25 per cent.
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