Business News

Last updated: Thursday, January 17, 2019 11:04:06 PM

'India's mobile phone component industry to cross Rs 70,000 cr in FY19'
New Delhi, Jan 17 (IANS) Value of mobile phone component manufacturing industry in India under the Mobile Phased Manufacturing Programme (PMP) would cross Rs 70,000 crore in the financial year 2018-19, the Indian Cellular and Electronics Association (ICEA) said on Thursday.

Thursday, January 17, 2019 11:04:06 PM

Ola Money Postpaid to be available for all Ola users
Bengaluru, Jan 17 (IANS) Ride-sharing platform Ola on Thursday said its credit payment feature, Ola Money Postpaid which offers a 15-day credit line to passengers, would soon be available to all the Ola app users.

Thursday, January 17, 2019 11:00:05 PM

Reliance Retail Q3 revenue up 89.3%
Mumbai, Jan 17 (IANS) Healthy festive season sales and new store openings led Reliance Industries' organised retail business -- Reliance Retail -- to report a 89.3 per cent rise in its revenue for the third quarter of 2018-19.

Thursday, January 17, 2019 10:52:04 PM

Hindustan Unilever's Q3 net profit up 9%
Mumbai, Jan 17 (IANS) FMCG major Hindustan Unilever (HUL) on Thursday reported an increase of 9 per cent in its net profit for the quarter ended December 31, 2018.

Thursday, January 17, 2019 10:48:06 PM

RJio Q3 net profit up 65%; subscribers base at 280 mn
Mumbai, Jan 17 (IANS) Telecom major Reliance Jio Infocomm on Thursday reported a 65 per cent increase in its standalone net profit for the October-December 2018 period.

Thursday, January 17, 2019 10:44:05 PM

RIL Q3 net profit at Rs 10,251 cr up 9%
Mumbai, Jan 17 (IANS) Reliance Industries (RIL) on Thursday reported 8.82 per cent rise in consolidated net profit for the third quarter ending December at Rs 10,251 crore on the back of higher realisations from petrochemicals and marketing segments.

Thursday, January 17, 2019 10:36:04 PM

Industry urges RBI Governor for interest rate cut to boost growth
Mumbai, Jan 17 (IANS) Ahead of the Reserve Bank of India's (RBI) monetary policy review early in February, India Inc on Thursday urged the central bank to cut its interest rate and the cash reserve ratio (CRR) in order to boost growth.

Thursday, January 17, 2019 8:30:07 PM

Netflix, Hotstar sign self-regulatory 'Code of Best Practices'
New Delhi, Jan 17 (IANS) Online Curated Content Providers including Netflix and Hotstar have voluntarily signed a self-regulatory Code of Best Practices under the aegis of the Internet and Mobile Association of India (IAMAI).

Thursday, January 17, 2019 8:06:06 PM

Fiscal slippage remains a risk for rate cut: Report
New Delhi, Jan 17 (IANS) While concerns of liquidity, coupled with declining inflation, may have prompted the industry to expect a rate cut in RBI's Monetary Policy Committee (MPC) meeting from February 7, fears of fiscal slippage may turn out to be a spoiler, a report said.

Thursday, January 17, 2019 8:06:05 PM

Reliance Jio Q3 standalone net profit up 65%
Mumbai, Jan 17 (IANS) Telecom major Reliance Jio Infocomm on Thursday reported a 65 per cent increase in its standalone net profit for the October-December 2018 period.

Thursday, January 17, 2019 7:56:06 PM

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