NEW DELHI: Electric utility company Power Grid on Thursday reported 14.22 per cent year-on-year (YoY) rise in profit at Rs 2,331.17 crore for
Day: February 1, 2019
Jet Airways share price surges over 15% on report that Etihad deal final, Naresh Goyal to step down
Jet Airways share price: Shares of debt-laden carrier Jet Airways surged in trade on Friday soon after the media reports said that the airline has accepted Etihad’s bailout plan. Jet Airways share price surged by more than 15% to hit the day’s high at Rs 281.50 per share, data available with the BSE showed.
Share market update: Power shares up; Tata Power, NTPC among top gainers
NEW DELHI: The S&P BSE Power index was trading in the positive zone in Thursday’s afternoon session with most of its components in the green
Jet Airways, HEG among top gainers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 120.19 points up at 36,376.88 on account of buying in frontline
Power Grid Corp Q3 profit rises 14.2% to Rs 2,368 crore
Power Grid Corporation of India (PGCIL), the central transmission utility of the country, recorded a 14.2% year-on-year (y-o-y) rise in net profit to Rs2,367.8 crore for the quarter ended December 31 as revenue from power transmission — its main business segment — grew nearly 13% y-o-y to Rs8,271.9 crore.
IndiGo BIAL in deal to build MRO facility in Bengaluru
Budget carrier IndiGo will develop a new maintenance repair and overhaul (MRO) facility in Bengaluru, the company said on Thursday. The new facility will come up at the Kempegowda international airport and is likely to be operational by March 2020. It will be IndiGo’s second MRO unit in the country after Delhi airport.
Air Italy to withdraw direct flights from Delhi and Mumbai
Air Italy on Thursday said it is withdrawing direct flights from Delhi and Mumbai due to domestic network consolidation and route prioritisation.
Core sector growth slows down to 2.6% in Dec on crude oil, fertilisers
Eight core sectors grew at their slowest pace in 18 months at 2.6 per cent in December 2018 due to fall in output of crude oil, refinery products and fertilisers, official data showed Thursday.
Internal probe finds Kochhar’s conflict of interest in 6 corporate accounts
The Srikrishna committee has found severe breach of corporate governance and disclosure norms by Chanda Kochhar, ICICI Bank’s former chief executive officer and managing director, in the restructuring of debt of at least six corporate accounts other than that of Videocon Industries, said a person privy to the panel’s findings in the Rs 3,250-crore ICICI-Videocon […]
Close to finalising resolution plan, says Jet Airways CEO Vinay Dube
Jet Airways chief executive officer Vinay Dube has informed employees the airline is very close to finding a solution to the airline’s financial crisis and has sought their support.
Jet Airways soars 19% on Etihad bailout plan acceptance report
Shares of Jet Airways climbed as much as 18.57 per cent to Rs 281.50 apiece on BSE after a news report suggested Naresh Goyal-controlled airline has agreed with most of the conditions set by its partner Etihad for offering a lifeline to the debt-laden domestic carrier.
Jet Airways reinstates three aircraft into fleet post engine work
India’s Jet Airways Ltd has reinstated three aircraft into its fleet after completing engine work, the airline said in a statement on Thursday.