Upon completion, the deal is expected to bring down Essel Infraprojects' debt to nearly Rs 8,000 crore from Rs 11,466 crore. The deal is part of overall plans of the Subhash Chandra-led Essel group to reduce its debt.
It would be unfair to say that suddenly something so bad has happened for the unemployment to go up by 4x. In my official capacity, I have not seen that form of distress either in the organised or unorganised space, says Sidd
Tata Steel’s standalone net debt for the full year ended March 2019 more than trebled to Rs 28,471 crore, from Rs 8,769 crore a year ago, because of a decrease in current investments along with cash and bank balances.
Reliance Jio reported mobile RMS, including access services and national long-distance revenues, of near 31%, Vodafone Idea (VIL) stood at about 31% and Bharti Airtel was a tad above 29%. The remaining is shared among the sma
While Bharti Airtel witnessed an increase of 4.35% quarter-on-quarter in the company’s India mobile services revenue to Rs 10,632.3 crore for the three months of January-March 2019, Vodafone Idea saw its revenues remain fla
Under the Samruddhi Plan 2019, permanent employees in the grade L01 to L15 can buy equity shares of the company from open market by availing a loan provided by a ‘lending agency’. The interest thereon will be borne by JSW
According to the company’s management, the telco rolled out the minimum recharge plan for most of the country in December, however, certain set of customers in some markets may not have come into the new tariff fold because
The increased cost will now be made uniform across all the 22 circles, the company management told analysts a day after it posted a wider net loss at Rs 5,005 crore during the October-December quarter.
Budget has proposed several tax sops to incentivise purchase of second homes, and also announced relief for realty firms by extending tax rebate on development of affordable housing until next fiscal and not charging tax for
The pace of hiring in India Inc may have slowed over the past couple of years, but 2019 holds out promise for those who want to work in sunrise spaces. HR consultants are counting four lakh new jobs at the very least.