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Zee Business: India Economy News

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Bharat Road to sell 39pc in GAEPL, to pare Rs 600cr debt


Bharat Road Network Ltd (BRNL) has entered into an agreement with Singapore's venture capital Cube Highways and Infrastructure Pte Ltd for sale of its 39 per cent stake in road project company, Ghaziabad Aligarh Expressway Private Ltd (GAEPL).

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/bharat-road-to-sell-39pc-in-gaepl-to-pare-rs-600cr-debt-97707

Infibeam terminates auditor services for sharing price-sensitive info


E-commerce company Infibeam Avenues said Sunday it has terminated services of chartered accountancy firm S.R.B.C & Co. LLP as one of the joint statutory auditors on grounds of alleged sharing of unpublished price-sensitive information.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/infibeam-terminates-auditor-services-for-sharing-price-sensitive-info-97706

SBI restores operations in most branches in 3 districts of Odisha post cyclone


State Bank of India said Sunday it has restored operations in most of its branches in the districts of Balasore, Bhadrak and Keonjhor in Odisha in the aftermath of Cyclone Fani.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/sbi-restores-operations-in-most-branches-in-3-districts-of-odisha-post-cyclone-97705

Walmart head visits Flipkart


President andCEO Walmart International Judith McKenna visited Flipkart to celebrate first anniversary of partnership between the two companies, the city headquartered e-commerce firm said Friday.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/walmart-head-visits-flipkart-97545

Birla Corporation Q4 net profit falls 2.23pc to Rs 128.19cr


Birla Corporation on Friday reported a 2.23-per cent on-year fall in net profit to Rs 128.19 crore during the quarter to March.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/birla-corporation-q4-net-profit-falls-223pc-to-rs-12819cr-97544

Capri Global net jumps manifold to Rs 49 cr


Non-banking finance company Capri Global Capital Friday reported a consolidated net profit of Rs 49 crore for the quarter to March as against Rs 10 crore in the year-ago period.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/capri-global-net-jumps-manifold-to-rs-49-cr-97530

Tata Chemicals net up over 26% at Rs 450 cr


Tata Chemicals Friday reported a 26.46 percent growth in consolidated net income at Rs 450 crore for the three months to March, following strong performance across all segments.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/tata-chemicals-net-up-over-26-at-rs-450-cr-97527

Cyclone Fani: Telecom department reviews network services of telcos


The telecom department on Friday reviewed services provided by four operators - Bharti Airtel, Vodafone Idea, Reliance Jio and state-owned BSNL - in areas affected by cyclone Fani, according to official sources.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/cyclone-fani-telecom-department-reviews-network-services-of-telcos-97520

Akzo Nobel India standalone Q4 profit at Rs 70.34 cr


Coatings company Akzo Nobel India Friday reported a standalone net profit of Rs 70.34 crore from continuing operations for the quarter ended March 31, 2019.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/akzo-nobel-india-standalone-q4-profit-at-rs-7034-cr-97519

Interact with media only after prior approval of CMD: Air India tells staff


Air India has cautioned its employees of "appropriate action" if they interact with the media without prior authorisation in writing from the airline chief, according to a communication.

Click here to Read full Details Sources @ https://www.zeebiz.com/agencies/interact-with-media-only-after-prior-approval-of-cmd-air-india-tells-staff-97392

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