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Safex Chemicals Plans ₹450 Cr IPO to Strengthen Financial Health and Growth
Market News, Markets - June 14, 2019

Neogen Chemicals shows positive chain reaction. Hits record high on tepid day

The shares of the chemical manufacturer, Neogen Chemicals jumped to a record high since its listing on May 8, 2019. On May 12, 2019, the stock price of the company...
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Private 5G network in India struggles to find demand: COAI
Business, Markets - June 13, 2019

Tata Telecommunication has to refund subscriber's money. Orders TRAI

After the merger deal between Bharti Airtel and Tata Teleservices Limited (TTSL) in October 2017, TTSL decided to discontinue their operations. On 10th June 2019, the Telecom Regulatory Authority of...
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BHEL Posts Strong Q2 FY26 Comeback as Profit Rebounds
Business, Market News, Markets - June 13, 2019

RIL and BP receives green signal for MJ project

The joint venture of Reliance Industries Limited (RIL) and BP Plc made a public announcement regarding receiving a green signal for MJ project. MJ project which is also known as...
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ILFS auditors under scanner. Accused of wrong doings by MCA
Business, Market News, Markets - June 12, 2019

ILFS auditors under scanner. Accused of wrong doings by MCA

IL&FS seems to have a never-ending saga. After witnessing the liquidity crunch and the NBFC crisis, now the preceding two auditors are being debarred. Ministry of Corporate Affairs (MCA) filed...
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Bharti Airtel to settle ownership row with Tanzania by paying $26.2 million
Business, Market News, Markets - June 12, 2019

Bharti Airtel to settle ownership row with Tanzania by paying $26.2 million

Bharti Airtel agreed to pay 60 billion shillings ($26.2 million) for the settlement of ownership disputes to Tanzanian government over a period of five years. Airtel connects millions of people all...
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AXISCADES Wins $1.2M Aircraft Cabin Interiors Contracts
Business, Market News, Markets - June 11, 2019

Jet plunges 14.8% after Hinduja Group and Etihad Airways reconsider investment

Jet Airways Ltd. was a day late and a dollar short in striking a negotiation with Hinduja Group and Etihad Airways. The debt-ridden airline was forced to terminate the flight...
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Larsen & Toubro Q2 FY26: Robust Order Inflows Drive Double-Digit Revenue Growth
Business, Market News, Markets - June 11, 2019

Larson & Toubro set to construct Navi Mumbai airport, likely to finish by mid 2020.

Larson & Toubro is about to become a leading player in the airport construction segment. They have bagged the contract of Navi Mumbai International Airport. On 7th June 2019, the...
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Krishna Institute reported a net profit of Rs. 79 Cr.
Business, Market News, Markets - June 11, 2019

Mutual funds shed their exposure in NBFC sector by ₹67000 crores

As soon as the liquidity crisis was unfolded in the Non-banking Financial Service (NBFC) sector, numerous mutual funds, Provident funds, banks, etc resorted towards safeguarding their portfolios. Lenders initiated to...
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Shaman and Gaggar drag Jet Airways to NCLT
Business, Market News, Markets - June 11, 2019

Shaman wheels and Gaggar Enterprises drag Jet Airways to NCLT

It seems like there is no resurrection for debt-laden Jet Airways in the near future. The airline is going down the hill day by day with troubles not leaving their...
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Bank of Baroda to rationalise up to 900 branches post-merger
Business, Market News, Markets - June 9, 2019

Bank of Baroda to rationalize newly merged branches

On April 1, 2019, Bank of Baroda merged with Dena Bank & Vijaya Bank to become the third largest bank in India. Bank of Baroda is now next to State...
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